Joby Slay's Blog

          Housing Crisis to End in 2012 as Banks Loosen Credit Standards     dsnews.com - Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to att...

  Housing Crisis to End in 2012 as Banks Loosen Credit Standards   dsnews.com - Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mort...

December 2011 Market Update One of the key drivers of homes sales, the employment rate, is beginning to show promising signs of a turnaround. The four-week average for jobless claims, as of November 19, was 394,250, a drop of 3,250 from the previous four weeks, and at the lowest levels since Apri...

Bank of America has just extened the Florida Enhanced Short Sale Assistance Program to December 12, 2011. The program was previously set to expire November 30, 2011. Read my previous blog post for a more in depth description of the program. When BOA first rolled this program out in September of t...

Bank of America just rolled out a new short sale incentive program to real estate agents in Florida. I received this email earlier in the week and already have clients accepted into the program and so far its looks to be for real. Bottom line is if you have a loan with Bank of America and have be...

Over the past couple months I noticed a media landslide of negative economic and housing market news. Credit rating downgrades for Fannie and Freddie and the United States government, more bank failures, European nations on the brink of collapse, the stock market plunging and new record foreclosu...

PICTURE 1: JUPITER - Home for Rent:  $1900  Minutes to Abacoa, the beach, restaurants, I-95 and turnpike. Great floorplan: Absolutely Gorgeous. Master Bedroom features double sinks, separate shower & roman tub. Huge walk-in closet, accordian shutters and peaceful lake views. Owner will consider ...

TIPS FOR INSURANCE BINDING DURING HURRICANE SEASON When buying a home ask your insurance agent if you can pay for the insurance prior to closing to avoid any binding issues. Most insurance companies can bind your policy up to 30 days in advance. If you do not close on the purchase of the property...

The Standard & Poor's Ratings Agency made an unprecedented downgrade of the United States credit rating from AAA to AA+ Friday evening. This followed what had been an already shaky week for global markets after a drawn out fight over the debt ceiling in Washington and concerns over further Europe...

OPEN HOUSE 8/5 4pm-6pm. BEAUTIFUL AND SPACIOUS 4 BEDROOM HOME WITH 3 FULL BATHROOMS, VAULTED CEILINGS, MASTER BEDROOM IS UPSTAIRS WITH ROMAN TUB AND SEPARATE SHOWER. LARGE BACKYARD WITH PLENTY OF ROOM FOR KIDS & SIDE GATE TO PARK YOUR BOAT.; FRESH PAINT & NEW TILE DOWNSTAIRS. THIS HOME IS IN GREA...