More good news in the hosing market, Existing-Home sales rise 6.5% in July and median home prices kept up the double digit advances that we have previously seen. Total existing home sales( not new homes) of condos, homes and townhomes are up 6.5 %. This is very encouraging news in light of the re
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08/22/2013
Hedge fund manager John Paulson is famous for short-selling subprime mortgages in 2007 he made over $3 billion in that year as the result of his move on the market. On July 18 here is what he said at the CNBC Delivering Alpha conference: "I think the best thing for an individual investor, if the
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07/20/2013
I was reading today that the number of home owners that are underwater on their loans has dramatically improved as a result of the continued improvement in home prices. According to the May Mortgage Monitor report from Lender Processing Services, the number of underwater loans has dropped by 47%
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07/08/2013
As part of the American Recovery & Reinvestment Act we have had a tax incentive for first-time homebuyers in place since April 8 2008. These are some of the modifications that have taken place: In 2008, Congress created a $7,500 First-Time Homebuyer Income Tax Credit. It went into effect April 8,
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04/09/2009
Here is a great affordable home in Pensacola for only 79,900 - Wow! Nice. MLS# 354348 Price: $79,900 Bedrooms: 3Baths (Full): 2Baths (Half): 0Property Type: RDDescription:Attention Investors! IMMEDIATE CASH FLOW! Great rental potential for this 3 bedroom 2 bath centrally located home. The updat
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04/09/2009
MLS# 350435 Price: $215,000 Bedrooms: 2Baths (Full): 2Baths (Half): 0Property Type: CDDescription:This 2 bedroom, 2 bath, bay front condo in Bayshore is priced to sell. If you are looking for a waterfront condo with a beautiful view then this is the place for you. Amenities at Bayshore Include:
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03/26/2009
I was reading today tha new home sales jumped 4.7 percent from January to February, to a seasonally adjusted annual rate of 337,000, the Commerce Department reported today. This increase was welcomed by financial markets but is likely a seasonal effect since sales of new homes were down 41 percen
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03/25/2009
MLS# 335458 Price: $900,000 Bedrooms: 3Baths (Full): 3Baths (Half): 1Property Type: CDDescription:You have to see it to believe it. The view is absolutely breathtaking. This is a Sky House so it has a view of the Gulf of Mexico & Little Sabine Bay on one side with the Gulf of Mexico & The In
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03/25/2009
MLS# 364516 Price: $1,200,000 Bedrooms: 4Baths (Full): 2Baths (Half): 1Property Type: RDDescription:A magnificent custom built waterfront estate for the discriminating buyer with southerly views of Santa Rosa Island and immediate access to the sound. Experience the pleasures of sound front livi
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03/25/2009
MLS# 363522 Price: $1,200,000 Bedrooms: 0Baths (Full): 0Baths (Half): 0Property Type: LADescription:Large waterfront lot located directly on the Intercoastal Waterway on Perdido Key. Beautiful view of Innerarity Point and Perdido Key. Excellent location for medium density development. Lot size i
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03/14/2009