ARCHIVED BLOG POSTS
2013
45% of U.S. sales in August were cash purchases RealtyTrac: Of five top large cities for all-cash purchases, three are in Fla.: Miami (69% were cash), Tampa (64%) and Jacksonville (65%). Fla. short sales: 29%. Read more. National pending home sales decline in August NAR: Tight inventory, restrict...
09/29/2013
Floridians scramble for mortgage reduction funds At 9 a.m. Wed., underwater homeowners started applying online for a mortgage principal reduction. At 10 a.m. today, the website was still accepting applications. Read more. ‘Outside the box’ solutions for flood ins. increases? The fight against one...
09/29/2013
UF: Florida’s consumer confidence down 1 point Consumers worried more about the short- and long-term economic outlook along with personal finances, but they think it's a good time for big-ticket purchases. Read more. Fraud Risk in mortgage apps down 5.6% in 2Q 2013 CoreLogic: More people lied a...
09/29/2013
Premiums unveiled for health overhaul plans standard plan to average $328/mo., but tax credits based on income could make it a lot less. Four types of plans are identical, but price and co-pay varies. Read more. New home sales jump 7.9% in August Higher mortgage rates may not slow the housing rec...
09/29/2013
09.26.13, Charles Stallions Report for Pensacola Florida 32504, retirement Mortgage rates drop fast after Fed stimulus decision Homebuyers caught off guard by recent interest rate spikes could catch a break. The Fed's surprise bond-buying decision yesterday caused immediate decline. Read more....
09/25/2013
09.25.13, Charles Stallions Report for Pensacola Florida 32504, Foreclosures Find flood zone and insurance costs online On FEMA's flood insurance website, FloodSmart.gov, homebuyers can plug in an address to find a home's flood risk level and estimated insurance premium. Read Protect yourself, ...
09/25/2013
09.24.13, Charles Stallions Report for Pensacola Florida 32504 Economists keep rosy view for 3% growth in 2014 Survey of top U.S. economists' expectations finds 3% growth by second quarter of 2014, low inflation and improving employment - but rising mortgage rates. Read more. Fingerprint authen...
09/24/2013
09.24.13, Charles Stallions Report for Pensacola Florida 32514, Lenders and Mortgages 30-year mortgage rate dips to 4.50% Fed's surprise decision to keep buying bonds sparked a decline in 30-year FRM this week. Most experts predict further drops or stability over the short term. Read more. Lend...
09/24/2013
09.23.13, Charles Stallions Report for Pensacola Florida 32514, small business Effective networking for small-business owners If agents talk about themselves and their services at a social event, it's selling. If they listen 80% of the time and form relationships, it's networking. Read more. Fl...
09/23/2013
09.22.13, Charles Stallions Report for Pensacola Florida 32514, Mortgage Rates Fla.'s housing market continued upswing in Aug. 2013 Closed sales (12.5%), median prices (18.6%) and pending sales (17.2%) rose for single-family homes. National sales highest in 6 ½ years - prices up 14.7%. Read mor...
09/23/2013