ARCHIVED BLOG POSTS
2012
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Supreme Court hears foreclosure arguments and it's shake up on the Pensacola Real Estate Market Can lenders fake foreclosure docs and get away with it? Judges seem to think "no" but unsure if they should change system. Read more. If judges decide that re-filing is not enough, it could reopen th...
05/26/2012
Fed watchdog weighs limits to mortgage fees and how it will effect Pensacola Real Estate Feds might ban origination fees that vary by loan size and limit discount points that supposedly lower interest rates. Read more. Regulators might ban origination fees that vary with the size of the loan,...
05/26/2012
Census: Homeownership hit 15-year low in 1Q and the effects on Pensacola No surprise: The percent of U.S. residents who own their home still dropping from highs hit during the peak of the boom. Read more. New figures released Monday by the Census Bureau show the rate of U.S. homeownership fell ...
05/26/2012
Next president to figure out Fannie, Freddie and if needed in Pensacola Florida What's the best way to keep mortgage market humming? NAR wants gov't to hold onto Fannie and Freddie; others disagree. Read more. Fannie Mae and Freddie Mac buy mortgages from local lenders. Local lenders, in turn, us...
05/25/2012
Citizens closes $750M 'historic' bond deal and it's effect on Pensacola. State-owned insurer says it reduces the chance it will have to assess all Fla. policyholders following a major storm. Read more. Citizens Chairman Carlos Lacasa said the sale – nearly three times larger than originally pla...
05/25/2012
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FHA may ease rules for mortgages on condos and the possible effects on Pensacola Real Estate It could change some condo rules that currently disqualify up to 75% of units for FHA's low-down payment mortgages. Read more. The revisions could strip away some of the barriers that have deterred cond...
05/25/2012
Boost home’s value with curb appeal in Pensacola, Gulf Breeze and Pace Most sellers know their home needs curb appeal, but they're not always sure how to get it. Five websites can help. Read more. A home’s curb appeal – how its exterior looks to a buyer from the street – can either provide an inv...
05/20/2012
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Is Fla.'s shadow inventory a rebound threat? Florida Realtors analysis: Shadow inventory growth seems to be slowing, and an uptick in demand should absorb supply. Read more. “The fear … is that the inventory of delinquent and foreclosed loans (will be released onto) an already weakened market,”...
05/20/2012
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Florida Forever down but not out State's environmental program was hit hard by the recession, but limited funds still show commitment to program. Read more. Last Tuesday, the governor and Cabinet approved the 2012 Florida Forever priority list, more than 100 projects, ranked in order of importa...
05/20/2012
3 housing trends emerging this spring in Pensacola It's not your 2011 selling season. Buyers are competitive, mortgages more expensive and renters ready to move. Read more. 1. Fierce competition.Housing affordability is at a record high due to falling home values and mortgage rates near reco...
05/20/2012
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