Nick and Cindy Davis's Blog

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Real Estate Agent - RE/MAX Premier Group - SL3116482/SL3020723
The real estate network that has the most competitive advantages to offer homebuyers and sellers will be an industry leader. RE/MAX is that leader. Thanks to its global network and stellar reputation, it's no wonder people turn to RE/MAX when they embark on the home buying or selling process.

ARCHIVED BLOG POSTS

2008 

May 30, 2008 - Many American consumers overpay by thousands of dollars in total closing costs when they purchase their homes, according to a new nationwide report from the Urban Institute. The study found significant and unsupported variations in loan charges, title fees and other closing costs c...
05/30/2008
PROPERTY INSURANCEGov. Crist yesterday signed property insurance reform into law. The final version of the bill included other bills that were added as amendments, and it's the biggest insurance change to come out of the 2008 legislative session. It offers a number of protections and upgrades for...
05/29/2008
CREDIT SCORESPotential buyers with a recent foreclosure may want to make sure they can get a mortgage before jumping back into the market. New federal guidelines generally call for a five-year wait, a 680 FICO score minimum, and the ability to make at least a 10 percent deposit.Read the full stor...
05/28/2008
NEW HOME SALESSales of new homes in the U.S. rose in April for the first time in six months, moving up by 3.3 percent, according to a Department of Commerce report. The median price of a new home dropped to $246,100 in April, down 4.2 percent from April 2007.Read the full story:http://www.florida...
05/27/2008
JUMBO LOANSA Senate bill aimed at reviving the U.S. housing market could make borrowing for a home more expensive in high-priced markets. If it passes, the limit on jumbo loans that can be purchased by Fannie Mae and Freddie Mac will drop to $550,000 after spending 2008 at nearly $730,000.Read th...
05/22/2008
HOUSING AIDDemocrats and Republicans banded together yesterday to push a home loan rescue plan through the Senate Banking Committee on a 19-2 vote, boosting the bill's chances for a broad election-year housing aid package.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n2-052108.cfm
05/21/2008
HOUSING AIDThe U.S. Senate Banking Committee is expected to approve a bipartisan homeowner rescue bill today that could help a half-million struggling borrowers get FHA-backed mortgages. However, it's not clear whether President Bush will sign the agreement.Read the full story:http://www.floridar...
05/20/2008
ECONOMYFirst the good news: The worst of the painful housing slump and the credit crunch may come to an end this year, according to the National Association for Business Economics. Now the bad: NABE also says the U.S. economy will weaken further and unemployment will rise; but a recession, if the...
05/19/2008
REAL ESTATE FORECASTHome sales and prices throughout most of the U.S. are set to improve in the second half of 2008 and the recovery will vary by market, according to NAR Chief Economist Lawrence Yun, who spoke Thursday during NAR's Midyear Legislative Meetings & Trade Expo in Washington, D.C. He...
05/16/2008
REALTORSRealtors are raising their level of professionalism through training and experience to better serve consumers, according to the just-released 2008 NAR Member Profile. The number of members holding at least one professional designation increased by nearly 21,000 over the past year, reachin...
05/15/2008
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Nick, Cindy & Nicholas Davis

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