Average 30-year loan rate falls to 3.92%

October 24, 2014

Almost every industry expert (92%) polled this week by Bankrate.com expects rates to remain stable over the short term. None predict further drops, and the remaining 8% predict an increase.

U.S. student loan debt not killing homeownership?

October 23, 2014

Fla. second only to Texas as top state for business

October 22, 2014

Investors scaling back home purchases

September 24, 2014

Fla. Aug. sales up 4.2% year-to-year, prices up 3.4%

September 22, 2014

Existing home sales lose a bit of momentum in August.

Do-it-yourself deed causes problems for homeowner

September 12, 2014

Fla. regulators approve Citizens’ 2015 rates

September 08, 2014

July 2014 Press Release & Market Indicators

August 25, 2014

Home sales and prices continue to climb in Lee County

10 things that turn off homebuyers

August 20, 2014

Day one- Grime and Filth

Gov. Scott signs Fla. flood insurance bill

June 17, 2014

A Florida bill to ease the burden of skyrocketing flood insurance costs became law on Friday when signed by Gov. Rick Scott.

6 tips for buying a vacation home

June 17, 2014

Home ‘value’ isn’t absolute – it’s subjective

June 13, 2014

The concept of value is subjective when it comes to home amenities, and sellers often find that price and cost do not equal value.

FEMA outlines next steps for flood insurance law

March 27, 2014

National Flood Insurance Act: Take 2 How will the new flood insurance law impact homeowners and your buyers? Lisa S. Jones outlines the changes in a recorded 30-minute Webex presentation that is available online.

Flood insurance relief becomes law

March 24, 2014

President Obama signed H.R. 3370 on Friday, cementing at least short-term relief for homeowners hit by skyrocketing flood insurance rates and sellers afraid their homes will be worth less after buyers factor in the yearly cost of significantly higher flood insurance coverage.

Freddie Mac posts $8.6B profit in 4Q

February 28, 2014

U.S. House postpones vote on flood insurance bill

February 27, 2014

Leaders in the U.S. House of Representatives postponed a bill to roll back flood insurance rate increases that had been scheduled for a vote this week.

Mortgage companies regroup as refinancings fall

February 24, 2014

U.S. House prepares its own flood insurance bill

February 13, 2014

Yesterday, House Majority Leader Eric Cantor announced that the U.S. House “will consider a modified version of the Homeowner Flood Insurance Affordability Act the week of Feb. 24.”

Men and women fall in love with a home differently

February 12, 2014

Realtor.com® released the results of its Home Crush Survey, which studied the way men and women react to homes on the market.

Most consumers now think they qualify for a mortgage

February 12, 2014

Senate acts on bill to delay flood insurance hikes

January 28, 2014

Bipartisan legislation that would delay flood insurance premium hikes for hundreds of thousands of people living in coastal and low-lying areas cleared its first hurdle in the Senate on Monday.

Congress agrees to incremental flood insurance fix

January 15, 2014

Some change....but not enough, but at least it is in motion!

Short-sale surge may end as foreclosures gain favor

December 03, 2013

As home prices rise, lenders are showing less willingness to grant short sales, RealtyTrac reports.

U.S. homes selling 30 days faster than a year ago

November 22, 2013

Somebody please tell homebuyers rates are still low

November 21, 2013

How does flood insurance impact Fla.?

November 21, 2013

Flood Insurance: Latest Update

November 06, 2013

President ‘committed’ to Everglades restoration

October 01, 2013

Positive signs abound for housing

May 19, 2012

Principal forgiveness gains traction as a money saver

April 11, 2012

Fannie Mae and Freddie Mac could save $1.7 billion if they forgave principal on some distressed mortgages, a new analysis shows.

Latest News!

April 05, 2012

Real estate market is picking up, but foreclosures expected to surge.

Florida Home Prices are Rising!

April 04, 2012

April 4, 2012 – CoreLogic today released its February Home Price Index (HPI) report. Excluding distressed sales, month-over-month prices nationally increased 0.7 percent in February from January, but fell year-over-year by 0.8 percent if distressed sales are backed out of the equation and 2.0 percent if they’re included.

Gone, but not forgotten: Canceled debt

March 07, 2012

Like former lovers who send you friend requests on Facebook, old debts can come back to haunt you.

Best way to sell a house? Get out of the way

January 27, 2012

Growth picture enjoys uptick

October 25, 2011

Economists have significantly raised their estimates of third-quarter economic growth ahead of the government’s official report Thursday, easing near-term fears of another recession.

Economic reports may calm fears

October 20, 2011

Inflation slowed from its summertime blip in September, housing starts rebounded, and the Federal Reserve reported signs of modest economic growth, suggesting that fears of a double-dip U.S. recession may have been overblown.

Fla. asks homeowners to kill giant snails

October 18, 2011

Mortgage rates bounce back

October 17, 2011

Home loans expected to remain affordable in the long term

Credit scores poised to get more personal

October 17, 2011

Many consumers applying for a mortgage are going to start sharing more personal information with lenders next year, like it or not.

Wells Fargo's John Stumpf: How to fix the mortgage mess

April 06, 2011

FORTUNE -- For most Americans, their home is the largest and most important investment they will ever make. Ensuring that they have the right kind of mortgage is critical to their financial well-being and -- as we've seen recently -- critical to our entire economy.

Admin could faze out Fannie and Freddie

February 09, 2011

President Obama is expected to release a “white paper” on Friday outlining plans for Fannie Mae and Freddie Mac, the two secondary mortgage companies taken over by the federal government during the recent housing crisis.

Bank can go after other assets in Florida if you default on mortgage

January 10, 2011

Bank can go after other assets in Florida if you default on mortgage

Fannie Mae HomePath

August 09, 2010

New Borrower Web Site Available -- KnowYourOptions.com

Florida’s existing home, condo sales rise in June 2010

July 23, 2010

Existing-home sales slow in June, above year-ago levels.

Mortgage rates remain at lowest level in decades

July 16, 2010

Mortgage Rate Trend Index Don’t expect rate changes over the short term, say 55% of experts polled by Bankrate.com this week. Most of the others (40%) foresee an increase, however – only 5% think rates will go lower.

Flood premiums cause some to take storm-season risk

July 15, 2010

Florida homeowners face mounting flood-insurance challenges this year as they wade deeper into hurricane season.

Local Real Estate Stats

July 11, 2010

Average prices are up by $10,0000 from 2009. Numbers of Sales drops 18%.

Congress gives homebuyers more time to close for tax credit

July 03, 2010

Congress gives homebuyers more time to close for tax credit Obama signs extension bills On July 2, Pres. Obama signed into law HR 5623, the Homebuyers Assistance and Improvement Act of 2010, which extends the homebuyer tax credit closing date to Sept. 30, 2010, for qualified buyers with a purchase contract that was signed by April 30, 2010. He also signed HR 5569, which retroactively reauthorizes the Federal Emergency Management Agency (FEMA) to enter into new contracts for flood insurance under the National Flood Insurance Program through Sept. 30, 2010.

SW Florida Beaches

July 03, 2010

This is an up to the minute website for what is going on in our local Gulf water ways.

Tough Time for Sellers

June 30, 2010

For Sellers who are not in financial distress, it is very difficult to sell at a price that would be reasonable for them. They have to compete with Foreclose pricing/

70% of Modifications in May Were Non-HAMP!!

June 29, 2010

New Laws Designed to Help Property Owners

May 01, 2010

Passage of legislation that stimulates condo sales? A law requiring oversight of appraisal management companies? Killing a disclosure that would have reduced the prices of coastal properties? Tax breaks for homeowners impacted by tainted drywall? Consider it done.

Florida Appliance Rebates

March 09, 2010

HUD to Provide Temporary Relief to Homeowners Facing Problem Drywall

December 28, 2009

Using the 203k program to purchase ‘dream homes’?

December 09, 2009

New Home Affordable Foreclosure Alternatives Program

December 07, 2009

New Federal Government Program aimed at slowing Foreclosures.

Senate panel OKs extension for home buyers’ credit

October 29, 2009

Senators reached a compromise to extend the $8,000 tax credit for first-time home buyers, a boost the housing industry expects will help it pull out of its two-year-old downturn. Lawmakers in Washington also added a $6,500 tax credit for other primary-home purchasers and raised the qualifying income limits to $125,000 for single taxpayers and $225,000 for joint taxpayers, housing-industry sources said.

5 steps to financing a sale

September 08, 2009

Thoughts on Steps to take if you consider owner financing.

Card Reform Offers Good News and Bad

September 03, 2009

Life with a credit card presumably got a little easier in August 2009.

Gender Differences Abound in the Home-Buying Process

August 18, 2009

Option ARMs Threaten Housing Rebound as Resets Peak (Update2)

June 18, 2009


June 18, 2009


Foreclosures drive nearby home prices down

June 17, 2009

Foreclosures drive down the value of neighboring homes an average of $7,200 per home

Before You Bash Your Mortgage Broker: Take This Test

June 07, 2009

HUD issues sanctions against 120 FHA lenders

May 22, 2009

WASHINGTON – May 22, 2009 – The U.S. Department of Housing and Urban Development’s (HUD) Mortgagee Review Board announced actions against more than 120 lenders for violating FHA requirements. Violations include a failure to conduct sufficient quality control, failure to continue to meet FHA recertification requirements and falsifying loan documents.

Buying Foreclosed Homes: Deal or No Deal?

April 30, 2009

HouseMaster®, a home inspection franchisor, reports there are abundant opportunities for qualified homebuyers in the current real estate market - triggered by a 28% rise in foreclosure activity from last year. While President Obama’s $75 billion loan modification and refinancing Homeowner Affordability and Stability Plan will help as many as 4 million struggling homeowners, it won’t save everyone from foreclosure resulting in prime deals for qualified homebuyers.

Qualify For Any Mortgage - How to Get a 750 Credit Score

April 16, 2009

Protect your personal credit!

Banks Ramp Up Foreclosures: Report

April 15, 2009

Some of the largest mortgage companies in the US are stepping up foreclosures on delinquent homeowners, and will likely lead to more Americans losing their homes, the Wall Street Journal reported Wednesday

Mark to Market Closer to a Necessity for Recovery

April 02, 2009

How Will Foreclosure Effect Credit Scores?

March 26, 2009

Short Sales Test Homebuyers’ Patience

March 26, 2009

Those searching for the best housing bargains on the market might consider buying a short-sale property, but there’s an important qualification for buyers interested in going this route: They need plenty of patience.

Markets face ‘irrational pessimism’

March 09, 2009

House Prices

February 20, 2009

This just happens to be the perfect confluence of opportunity and necessity: we must fix the economy and we’re going to, whatever it takes. Inflation is an unavoidable side effect. Buy that house this year!

HUD Secretary: Banks must play role on foreclosure

February 20, 2009

Housing Secretary Shaun Donovan said Thursday it’s critically important that banks and lending institutions work to help make certain the Obama administration’s new home foreclosure initiative succeeds.

Key Provisions of the American Recovery and Reinvestment Act

February 20, 2009

Overview of President's Plan for HomeOwners

Florida’s down-means-up property tax rule baffling homeowners

September 16, 2008

Many homeowners across Florida are asking the same question: If the value of my home has dropped, why has my tax bill increased?

Investors still on tax hook

August 21, 2008

For homeowners in trouble, a short sale can be a lifesaver. Lenders allow a house to be sold for less than is owed on the mortgage and then write off the rest. The homeowner just walks away. Unless the owner is an investor, that is.

Cape's Burnt Store boat ramp reopens Saturday

July 26, 2008

Under-used FHA loans can aid in home repairs

July 22, 2008

The faltering real estate market has left many homeowners feeling trapped in homes that no longer suit their needs, but an under-utilized, government-insured loan may be the antidote for some. An FHA loan established in 1996 known as a 203k rehab loan can help homeowners redo their existing home or even help interested home buyers buy a fixer-upper and rehab it without having to take out a second loan.

Is Save Our Homes portability selling houses?

June 30, 2008

If the market value of a house rises, for example, from $100,000 to $110,000 in a year, or to $200,000 in 10 years, the county tax assessor can raise the market value of the house by only 3 percent per year. So a house worth $100,000 in 1998 can have a maximum market value of only $134,000 in 2008. That means the cumulative effect of Save Our Homes is enormous.

Wind and Flood Insurance

June 26, 2008

Insurer wants to cover wind and flood insurance in a single policy

Hurricane Mitigation

June 25, 2008

Procrastinators take note: If clients want a free hurricane home inspection courtesy of the State of Florida, sign up now. Most homeowners save money on property insurance following an inspection, but the program will achieve its goals and probably stop taking new applications later this summer.

Housing Indicators

June 25, 2008

Check out the Numbers!


June 24, 2008

FAR backs Amendment 5 property tax reform that voters will consider in November, but the opposition officially kicked off its campaign yesterday. John Sebree, FAR vice president of public policy, notes that the opposition group's anti-amendment campaign has not offered any alternative solutions to Florida's current property tax crisis. "Is any property tax relief good to them?" he asks.

Stocks Up Sharply After Fed Credit Plan

March 11, 2008

Wall Street rebounded sharply Tuesday after the Federal Reserve and other central banks said they will pump $200 billion into the financial markets to help ease the strain from the credit crisis. The Dow Jones industrials surged more than 270 points.

Lee commissioners, builders to return to impact fee issue

March 09, 2008

Commissioners on Feb. 26 put off a decision on whether to eliminate or decrease impact fees as a way to stimulate the local economy, asking staff to report back in two weeks with more information. Staff will address commission at a meeting Tuesday.

Why Buying Now Can Be a Smart Move

December 24, 2007

Although much of the housing market is in a slump, this is still a good time for most to buy a home.

Market Brings New Rules for Pricing a House

December 21, 2007

Florida Realtors continue efforts to support ‘Yes on 1’

December 21, 2007

For more information about Amendment 1, go to: www.Yeson1Florida.com.

Crist’s team will review insurance-rate reforms

December 21, 2007

Highest Job Growth in Cape Coral

October 22, 2007

Best Cities for Job Growth

Daily Real Estate News

October 05, 2007

For Most Buyers, the Mortgage Market Is Healthy

Lee County property tax rate going down

September 21, 2007

THE VOTE • Reduce the county budget — dropping the general fund tax rate from $3.52 to $3.27 per $1,000 of taxable property value and the capital improvement rate from $0.45 to $0.38, while maintaining the Conservation 2020 rate at $0.50 — for a total cut of from $4.48 to $4.15: 3-2, with commissioners Brian Bigelow and Frank Mann opposed. • Reduce the unincorporated county rate from $0.93 to $0.84 per $1,000 of taxable value: 3-2, Bigelow and Mann opposed. • Reduce the library tax rate from $0.41 to $0.38: 3-2, Bigelow and Mann opposed. • Reduce the hazards tax rate from $1.41 to $1.29: 4-1, Bigelow oppos

Property Taxes and Tax Bills

August 23, 2007

Property values, tax bills decline Homestead no protection against tax increases this year

Property Tax Reform

August 22, 2007

FAR has pledged up to $1 million to support passage of the January property tax amendment. “Passage of this amendment is critical to the future of Florida,” says FAR President Nancy Riley. “It will provide first-time homebuyers a large tax exemption. It will begin to equalize property taxes among neighbors. And it will allow the people who are the foundation of our neighborhoods – teachers, nurses, police officers and emergency first responders – to afford to live in the communities they serve. It’s time to reform Save Our Homes.” To read more, go to: http://www.floridarealtors.org/ LegislativeCenter/ TopInitiatives/index.cfm

When Your Home's Value is Less Than the Mortgage

July 26, 2007

Real Estate & Mortgage Insights

NAR: Home prices to recover in 2008

July 15, 2007

National Association of Realtors prediction for 2008 home sales.

Last Week in Review

June 11, 2007

Mortgage Rates Rise as Mortage Bond Market Drops

Answer to Gas Problem?

May 31, 2007

A Florida man may have accidentally invented a machine that could solve the gasoline and energy crisis plaguing the U.S., WPBF News 25 reported.

Florida economist predicts housing ready to recover

May 31, 2007

A top Florida economist has declared the housing slump a done deal.

Growing technology sector boosts housing

May 25, 2007

The country's high-tech industry added nearly 150,000 new jobs in 2006, according to “Cyberstates 2007,” an annual report detailing trends in high-tech employment and wages.

Hearing to deal with Pine Island land development

May 22, 2007

The Lee County Board of County Commissioners plans a second public hearing on Pine Island land development codes Tuesday. There will be no vote. The vote is scheduled for the commissioner’s 5 p.m. May 29 meeting at commission chambers in the old L...

Market News

May 21, 2007

Explanation of the current market trends and mortgage rates.

Florida Legislature may agree on method of property tax reform

May 17, 2007

Update on Progress to lower Florida property tax

Housing Indicators

May 17, 2007

Currnet Market Statistics

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