November 2015

There are 5 blog entries for November 2015.

Statewide closed sales of existing single-family homes rose last month with a total of

22,147, an increase of 1.2 percent over October 2014.

Statewide, October marked the 47th consecutive month in a row that the median sales

increased year-over-year for both single-family homes and townhouse-condo properties.

The statewide median sales price for single-family existing homes last month was $198,995, up 12.4 percent from the previous year, according to data from Florida Realtors Industry Data and Analysis department in partnership with local Realtor boards/associations.

The statewide median price for townhouse-condo properties in August was $150,000, up 7.2 percent over the year-ago figure. The median is the midpoint; half the homes sold for

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It's not a secret that real estate is extremely seasonal. Most realtors will tell you that winter months a very slow, buyer interest re-appears in January and closings peak during summer months. However, here are a few reasons to give yourself and your family a Christmas gift instead of waiting till spring to buy a home, as presented by Jonathan Smoke, chief economist of realtor.com:

 

Don’t Wait—Beat the Crowds and Buy This Winter

Now that the U.S. has regained its job-creation mojo, as the October employment report showed, the demand for housing is only going to grow.

After all, when people have jobs they can break off and form new households—ditching the roommates behind or finally moving out of Mom and Dad’s

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WASHINGTON – Nov. 10, 2015 – Freddie Mac issued a warning for homebuyers about scams that entice them by promising to raise their credit score in exchange for money.

"Who doesn't want the highest credit score possible to garner the most-favored terms?" Freddie Mac notes on its website. "For many Americans with consumer credit negatively impacted by the housing crisis and fluctuating economy, it's easy to be lured by the promise of a raised credit score," Freddie Mac says. "Schemes that falsely raise credit scores will land borrowers in scalding hot water – as well as cost you time and money combating both origination- and servicing-related fraud."

Freddie Mac highlighted three types of common fraud schemes to raise credit scores:

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Here are 48 things that Sellers can do with the help of their Realtor to speed up and ensure that the sale of their house go faster.  Things from painting, repairs, landscaping for curb appeal will significantly increase the chances of the house being sold faster.  Bringing buyers into a dirty home or where the outside yard is unkept can be disastrous. 

You would think Sellers would instantly want to spend a little money to spruce up their property to make it appealing to the Buyer.  Not always!  The reasons could be lack of funds, lack of knowledge or just don't care.  All they want is to get the house sold.  Realtors it is our job to help our Sellers see that decluttering and cleaning their homes as a perfect opportunity to spruce it up.  With your

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Buying a home can really be confusing, and intimidating for the first time home buyer.  So much to do, so little time!  Here is a link which may prove to be helpful in navigating through the process;

First Time Home Buyer To Do List

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