Tony Perez's (housevaluesmls) Blog

ECONOMYThere were glimmers this week that the housing crisis has hit bottom. The decline in home prices is starting to ease and, in some cities, values are rising again. Existing home sales rose slightly, and the glut of newly built homes fell to a five month low.  "The bottom of the housing down...

HOME SALESSingle-family existing home sales rose in Florida for the first time in more than two years: While only six more homes sold in July 2008 than in July 2007, it could indicate stabilization in Florida's housing sector, according to FAR's latest housing statistics. NAR also reported that n...

MORTGAGE RATESRates on 30-year mortgages, which averaged 6.47 percent this week, fell slightly to the lowest level since mid-July.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n4-082208.cfm FANNIE AND FREDDIEA government rescue of Fannie Mae and Freddie Mac could be costly for ...

Look at all the activity in Pebblebrooke Lakes, most have now sold since April 2008 just look at the charts below. Last 14 homes that have SOLD since April 2008 in Pebblebrooke Lakes. $282,000   399 BURNT PINE DR   PEBBLEBROOKE LAKES   4 Bed   3   0   2,581   2001   4/3/2008     $350,000   377 SW...

TAXESA short sale - where the lender allows a house to be sold for less than what's owed on the mortgage - may enable a homesteaded owner to walk away from the loan without incurring any costs. However, investor and secondary-home owners likely will get a surprise from Uncle Sam next tax season: ...

NEED TO MAKE A CLAIM?There are two Web sites you may want to bookmark in case Tropical Storm Fay - or any other storm for that matter - damages your home or business. The Florida Office of Insurance Regulation Web site includes a database of all insurers: http://www.floir.com/CompanySearch . Simi...

Bank Owned. Great buy with fenced yard. Used to be 4 bedroom but one wall removed to join 2 bedrooms, could easily be converted. 3/2/2 with over 1,900 sq.ft. under air and over 2,300 sq.ft. total is being sold as is, with right to inspect. Call or email me to see this great home in Golden Gate Es...

For consumers and businesses just wanted to pass this on to you about an upcoming Business Trade Show in Naples, FL. where you can showcase products & services, network with businesses and consumers and generate new contacts. Also I checked into this local/national site www.i-GoCity.com which is ...

At 6 PM, Tropical Storm Fay was located near Key West with sustained winds of 60 mph. Fay continues to track north and could pick up a bit more strength before moving into Southwest Florida late tonight or early tomorrow. It might make it to a Cat 1 but it looks as if SWFLA will be dodging this o...

Here's an update of Tropical storm Fay it has slowed down a bit and won't be near SWFLA till 2pm Tuesday based on it's current location and speed. Doesn't look to be too serious but you always need to be prepared so make sure you head out and get some of those must have items such as water & cann...