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Number of Florida Home Sales Increases 36 Percent in March

The number of homes and condos sold in Florida between February and March of this year jumped a whopping 36 percent. Home sales throughout the U.S. only averaged 3.7 percent during the same time frame, according to the Florida

Fannie and Freddie’s Foreclosure Preventions Drop Again

According to the Federal Housing Finance Agency, foreclosure prevention actions at Fannie Mae and Freddie Mac have fallen for the fifth-straight month. These foreclosure preventions include loan modifications or repayment

Miami Condo Prices Rise While Sales Fall

Prices for condos in downtown Miami have risen 14 percent year-over-year while the sales have decreased by more than half in the first

Home Sales Increase 3.7 Percent Across the U.S.

According to the National Association of Realtors (NAR) the number of existing home sales in the U.S. has risen 3.7 percent between February and March. The numbers are still lower than they were a year-ago due to buyers having

Mortgage Applications Increase Within the Past Week

According to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey, the number of applications for mortgages increased by 5.3 percent from last

Housing Starts Show 7.2 Percent Improvement in March

Home construction may still be at low-levels, but the market is improving with 549,000 new housing starts in March of this

U.S. Debt Ventures Buys $500 Million in Bad Home Loans

A South Florida-based private equity firm U.S. Debt Ventures (USDV) bought $500 million worth of bad home loans on Monday, April 18th, from around the

Zillow, Inc Officially Announces SEC Filing for IPO Status

Real estate site Zillow, Inc. officially announced that it is selling its common stock. The company filed a registration statement with the SEC for an initial public offering (IPO) today. This long-awaited announcement does not include the number of

Investors Account for the Sale of One Million Homes

Real estate investors now play a critical role in the housing market recovery. They account for one million homes sold in the U.S. in 2010, according to the National Association of Realtors

Sale Expectations Fell This Month for Builders

Sales expectations for homebuilders dropped in April 2011, as reported by Bloomberg today. The National Association of Home Builders/Wells Fargo sentiment index is currently at 16, a drop of one point since March, which reflects a poor outlook for

Broker Wins Appeal Against A&E in ‘Flip This House’ Lawsuit

Richard C. Davis, a South Carolina real estate broker with a specialty in flipping homes, won a $4 million court appeal against A&E’s “Flip This House,” a TV series he appeared on during its first

Lil Wayne Lists Mansion for $12.9 Million

Confronted with a growing tax debt, rapper Dwayne Michael Carter Jr., known best as Lil Wayne, has listed his Miami Beach mansion on La Gorce Island for $12.9

New Bill to Streamline Short Sales

A new bill introduced earlier this week aims to change long lender delays with short

Miami Foreclosure Activity Decreases in Q1

RealtyTrac released Wednesday its U.S. Foreclosure Market Report for the first quarter of 2011, which shows foreclosure filings were reported at a 15 percent decrease from the previous quarter and a 27 percent decrease from the first quarter of

Feds Settle with Major Lenders

Federal bank regulators yesterday announced settlements with the nation’s largest mortgage lenders for unethical foreclosure practices that were identified in 2010

Pew Poll Shows Americans Still Value Homeownership

Amidst one of the worst economic recessions in American history, a recent telephone poll conducted by the Pew Research Center shows that the majority of Americans still place a great deal of value in their

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