From national and real estate to the U.S. economy, the predictions for 2010 are in. Like any predictions, they vary from somewhat bright and cheery to doom and gloom: CNBC's Realty Check predicts: · the beginning of a housing market recovery mid-year · higher foreclosure inventory · rising mortg
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01/18/2010
1. Pricing - Is your home for sale in worth more than you bought it for? Even now, it's a possibility. Check the average sales prices for the homes in your area, neighborhood and street. You might be pleasantly surprised. Contact your local agent for the information. 2. DOM - Days on Market is th
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01/15/2010
When home values started dropping in 2007, a lot of homeowners panicked and immediately began putting their houses on the national and Cape Coral real estate markets. The supply of homes for sale rose to a staggering amount and prices dropped lower, fueling more homeowners to "get out while they
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01/13/2010
Whether for condos or single-family homes, For Sale by Owner (FSBO) sales aren't near as successful as those sold by real estate agents. In fact, by 2006, the average price for a FSBO home was at least $50,000 less than agent-run sales. Why is that? Are real estate agents just naturally better at
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01/11/2010
As the number of foreclosures rise around the nation, some lenders have held their foreclosures in Cape Coral in private stock, hoping to sell them gradually in a stabilizing real estate market. That hope has slowly dwindled, however, even with the five-month extension on home buying tax credits
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01/11/2010
If you've recently applied for credit to finance a real estate purchase, and were declined, you might be wondering why a lender would deny you credit. Most lenders have a checklist of qualifications necessary to get approval for a home loan, and some don't have anything to do with what your cred
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01/05/2010
FHA On Solid Ground: Hope for Cape Coral, FL Real Estate Owners A recent interview with FHA commissioner David Stevens on CNBC gives hope to Cape Coral real estate owners with FHA loans. The Federal Housing Administration now covers at least 30% of new home loans, so when Stevens announced that i
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01/05/2010