Market Watch: Cape Coral, FL Home Appreciation Spikes 1st Quarter 2012
We’ve been saying it for quite a while now and we are not alone. Those that are in the real estate industry in SWFL especially within Cape Coral that don’t have their heads buried in the sand realize that there has been significant improvement recently in the home sale prices. However, what we say is …
Moving Back in With Mom and Dad: The Waltons 2012
In a recent article printed in Forbes Magazine, they spoke about multi-generational households and a recent survey done by Pew Research Center. They surveyed people between the ages 25-34, and among 3 out of every 10 surveyed stated they had to move back in with their parents within the past few years. Approximately 80% of …
Major Investor Blames the Government Bailout
Is this a painful lesson the government has learned about not meddling where they don’t belong? Do we really think they’ve learned anything? Quite honestly, if the United States government cannot even control their own spending and their own balance sheets, it’s no wonder their interference with the housing market and the banking industry by …
Buy Your SWFL Home Before Everyone Else Does!
The results of this survey compliments of Mason-Dixon Polling & Research for the Consumer Federation of the Southeast are very promising for SWFL real estate. With many of the factors of highest priority to the retiring baby boomer, results show that the direction in which they are pointing to move is SWFL homes in …
- Natalie Wedderburn – Extremely Satisfied New Home Buyer
I wanted to take a moment to say thank you to the entire Carney Team for producing such an awesome house – that just so happened to be the dream home for my husband and I. You all did incredible work. The house is 100% perfect, we have not one complaint! Read Natalie’s entire letter …
Freddie Mac Predicts Rates Will Remain Low through Mid-2012
Freddie Mac’s outlook for 2012 was released Wednesday and indicates that mortgage interest rates should remain very low through at least mid-2012. The outlook indicated that there will be fewer single family home loans originated but an increase in multi-family lending. It doesn’t take a rocket scientist to predict this, since logically with all the …
Massachusetts Attorney Sues the Five Biggest Mortgage Servicers?
So now it appears that MA. is pressing charges on servicers. Wow, why don’t we just tell the banks never to lend anyone money ever again. Is the TPS form (reference to “Office Space” movie) more important than the fact that there was a loan that hadn’t been paid for several years with the home …
New Nevada Law Slows Foreclosure Process: Is Florida Next?
Nevada recently passed legislation that reduced foreclosures by up to 88%, making it harder for banks to foreclose by focusing on technicalities rather than the underlying obligation. What would the impact of similar law be on Florida’s housing market? This would definitively slow any hope of recovery and prove harmful to neighborhoods across Florida. …
The Government Debt Ceiling and What it Means for Home Buyers
August 2nd is the deadline for the officials in office to make a decision as to what they are going to do about the U.S. government debt ceiling. The current debt crisis is probably the biggest factor over the mortgage rates right now and once investors feel there is any uncertainty about the U.S. government’s …
Vacation Homes Showing Signs of Life Around the U.S.
Once upon a time there were luxury vacation homes that were selling at record prices. In Hilton Head, S.C. a three bedroom home located in between the ocean and Calibogue Sound could fetch as high as 1.2 million, and a three bedroom in Vail, CO. could easily get over 3 million, then the bottom fell …
