Investors and Landlords Wanted for Pensacola, Pace and Gulf Breeze Short Sales   No place like home for adult kids, is this the trend in Pace Florida   The number of young adults ages 20 to 34 who lived with their parents jumped from 17% in 1980 to 24% in 2007-09. Read more. “This Great Recession has had tremendous effects that previous smaller recessions did not,” says Zhenchao Qian, a sociology professor at Ohio State University and the author of the report for the US2010 Project, which studies trends in American society. “The surprise mostly is that it’s increasing for every group.”   Today's Prayer Dear Father in Heaven, Please work in me today to ripen the fruit of the Spirit. Help me to bear this fruit in my life...to show and share love, joy, and peace; to be long-suffering, ge... 08/09/2012

  Investors and Landlords Wanted for Pensacola, Pace and Gulf Breeze Short Sales   Health care rebates may keep premiums lower at a cost to tax payers   Some self-insured Realtors get rebate checks this week. About a million checks averaging $168 each will go out in Fla. Read more. The 2010 health care law requires health insurers to spend at least 80 percent of consumers’ premiums on health care and not administrative costs such as overhead or salaries. If they don’t, they must issue their customers a rebate. That check may go to the consumer or the consumer’s employer, depending on how a person purchases her insurance.   Today's Prayer Dear God, It is so hot and dry in my little part of this world. Then in other places, they've had floods and too much rain recently. I pray that you wi... 08/09/2012

  Investors and Landlords Wanted for Pensacola, Pace and Gulf Breeze Short Sales   Chicago weighs eminent domain foreclosures will it effect Pace Florida   More cities considering move: Take homes at market value, then help current homeowners get better mortgage terms. Read more. The controversial idea first surfaced in San Bernardino County, Calif. A west coast capital firm, Mortgage Resolution Partners, is trying to get more counties and cities across the country signed up to the idea, which they argue is a way to decrease the number of foreclosures and prevent home values from falling any further.   Today's Prayer Dear God, It is so hot and dry in my little part of this world. Then in other places, they've had floods and too much rain recently. I pray that you will balance out the we... 08/09/2012

  Investors and Landlords Wanted for Pensacola, Pace and Gulf Breeze Short Sales   CoreLogic: Foreclosures drop again in June  and will help Pace Florida sellers   Completed sales at pre-crisis level, suggesting recovery. Fla. No. 1 in percent of inventory, No. 2 in total number. Read more. According to CoreLogic’s National Foreclosure Report for June released today, the nation’s foreclosure inventory and sales continue to decline. According to the report, the U.S. had 60,000 completed foreclosures in June 2012 compared to 80,000 in June 2011 and 60,000 in May 2012. Completed foreclosures are an indication of the total number of homes actually lost to foreclosure.   Today's Prayer God, People in this world are looking for real faith. Some of them place that faith in the wrong god, wheth... 08/09/2012

  Investors and Landlords Wanted for Pensacola, Pace and Gulf Breeze Short Sales   5 habits of top real estate agents and more.   How do you make every minute count? Find ways to focus and remove non-productive tasks from your daily workload. Read more. Real estate agents find themselves pulled in different directions, making it difficult to be productive. To make every working minute count, top agents:     2500 Thomas Mccall Ln, Mc David, FL 32568 For Sale: $300,000 3 beds | 3 baths | 2,427 sqft MLS #: 419334     Renting in Pensacola, Pace or Gulf Breeze and Home for Rent is as simple as contacting one of our property management experts. We would love to earn your business and WOW you with our services. Regardless of price we treat you with total respect as to what you want not a home ... 08/05/2012

As home values rise, property taxes increase just what we needed.   In one South Florida city, however, commissioners will consider a lower tax rate so homeowners don't have to pay more. Read more. Many Florida property owners without a homestead exemption – and some with an exemption – have seen their property taxes go down along with property values. In some communities, the tax rate has been raised to offset potential losses; in some communities, the city learned how to get along with less money. Today's Prayer Dear God, Today I'm thinking about how people try so hard to be independent. We want to be individuals, to "do it myself." It starts when we are children. Then again, we are still children in your eyes, no matter what our age. I realize that people really do need each other. W... 08/05/2012

Florida jobless rate to remain weak but a lot stronger than the nation.   State economists concerned about foreclosure uptick if Europeans less prone to buy; jobs to improve at snail's pace. Read more. Florida’s unemployment rate probably won’t change much between now and the end of the year, and the jobs picture is set to remain bleak through 2016, a team of state economists said Monday.With a troubled real estate market and trouble brewing in Europe, the state economy faces a prolonged uphill climb, according to the Economic Estimating Conference, a group of state labor experts. Today's Prayer Dear God, Thank You for Your Word; Your Word that is like honey to my lips and balm to my soul. I pray that the words that go forth out of my mouth shall be "pleasant words, like a honeycomb," t... 08/05/2012

New profit strategy: Buy homes, rent them  even here in Gulf Breeze Florida   Investors earn up to 8% yearly as landlords after buying thousands of homes; may sell only if market fully recovers. Read more. Investment firms, hedge funds, private equity partnerships and others are turning to a new real estate investment strategy that they believe makes money: Buy up single-family homes in bulk and rent them out for profit. Their main focus has been buying up foreclosures, snagging them at big discounts, fixing them up, and then taking advantage of the hot rental market.   Today's Prayer Dear God, Thank You for Your Word; Your Word that is like honey to my lips and balm to my soul. I pray that the words that go forth out of my mouth shall be "pleasant words, like a honeycomb," to the peopl... 08/05/2012

Property tax cheats facing crackdown all over Florida   Some local gov'ts are looking for homestead exemption fraud to recoup tax revenue lost when property values dropped. Read more. For years – decades, really – Miami-Dade homeowners have been ducking property taxes by illegally claiming homestead exemptions, usually with impunity.There are people like Joseph and Sheron Barnes, who according to county records rented out a house at 1132 NE 84th Street and listed it as their permanent residence. Today's Prayer "And the heavens declare the glory of God; And the firmament shows His handiwork." Dear God, I praise you, Creator of the universe, father of mankind, sustainer of all. May you be glorified through your creation and through my life. Please minister through me to the people around ... 08/05/2012

Foreign investment in U.S. land on the rise, Pace Florida is where it is.   Foreign holdings in U.S. forests and farmland rose 6.7% in 10 months - an area roughly the size of Indiana. Read more. The report, containing the most recent data available, shows that investors from Canada and the Netherlands have almost half of all foreign forest and farmland holdings in the USA. The Canadian holdings reflect heavy investment by timber companies, while the Dutch holdings reflect pension fund investments and long-term agricultural connections in the USA. The report covers 10 months, because the USDA is converting from March-to-February to calendar-year reports on foreign investments starting in 2011. Today's Prayer Dear God, I pray that you will give me strength, wisdom, knowledge and a sensiti... 08/05/2012

New profit strategy: Buy homes, rent them and make money in Pace Florida   Investors earn up to 8% yearly as landlords after buying thousands of homes; may sell only if market fully recovers. Read more. Investment firms, hedge funds, private equity partnerships and others are turning to a new real estate investment strategy that they believe makes money: Buy up single-family homes in bulk and rent them out for profit. Today's Prayer God, I stay so busy. There is so much to do...working at home and outside the home, activities at church and school, taking time to exercise, appointments, family obligations, invitations to special events...it never ends. In fact, it all seems to grow larger day by day. Please remind me to take time out. I don't want to try to do everything and leave you ou... 08/05/2012

30-year mortgage hits 3.53%, a new record but will it help Pace Florida   Once again, the 30-year FRM hit lows never seen before - but with 12 "record lows" in 13 weeks, it loses some luster. Read more. Average rates on fixed mortgages fell again this week to record lows, creating more incentive for buyers to enter the recovering housing market. Today's Prayer Dear God, It is so hot and dry in my little part of this world. Then in other places, they've had floods and too much rain recently. I pray that you will balance out the weather, that a soft and steady rain would fall to water the dry earth and that the sun and refreshing breezes would blow across the flooded areas to dry up the excess water. I pray for your protection from the elements and your provision for every need. I pray fo... 08/05/2012

Builder confidence rises six points in July, will it help Pace, Florida. NAHB's survey of builders' attitudes about business conditions had its largest one-month gain in over a decade. Read more. Builder confidence in the market for newly built, single-family homes rose six points to 35 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for July – the largest one-month gain recorded by the index in nearly a decade. The HMI is now at its highest point since March 2007.   Today's Prayer Oh God; I want to KNOW You. You are so great and do great things. I want to spend more time with You. Help me to make time to sit before Your throne in quiet places, to read Your Word in order to know You more intimately, to develop an ear to hear Your voice so that I know ... 08/05/2012

Pace Florida Homes for sale and Market Report for July 2012 brought to by Charles Stallions Real Estate Services we continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Pace, Florida real estate statistic. For last months stats scroll down, call me or e-mail for even more details.  What can I do to sell my home for more money? SELLERS TIP # 19  In my opinion the Pace Market with the growth spurt of the last two years has helped Pace to overcome some of the downturn that had a negative effect on the surrounding cities, but as with the other markets Pace will see a leveling off period beginning January 2012 with slight decreases of 6 to 8%. A Snapshot of the Pace, Florida Home Market   Available Homes     ... 08/04/2012

New mortgage credit score unveiled, is this more government control?   FICO starts with credit report data and CoreLogic CoreScore info to estimate a borrower's risk of mortgage default. Read more. Traditionally, the same consumer credit scores are used to approve mortgages, credit cards and car loans. However, a new mortgage credit score – a joint venture of CoreLogic and FICO – takes more data into consideration in order to “improve lending decision quality and increase the number of mortgage loans lenders make.”   "Every successful business (1) creates or provides something of value that (2) other people want or need (3) at a price they're willing to pay, in a way that (4) satisfies the purchaser's needs and expectations and (5) provides the business sufficient revenue to make it wor... 07/29/2012

  Investors and Landlords Wanted for Pensacola, Pace and Gulf Breeze Short Sales   Fed: Economy may need stimulus - but not yet says Bernanke.   Chairman Bernanke expects moderate expansion, but says Fed willing to do more if things don't continue to improve. Read more. Chairman Ben Bernanke says the U.S. economy has weakened and the Federal Reserve is ready to take further action to bolster growth if conditions don’t improve. But Bernanke provided no clues about what steps the Fed might take or whether any action was imminent.   1200 W Brainerd St, Pensacola, FL 32501 For Rent: $500 /mo 2 beds | 1 baths | 806 sqft MLS #: 427895   Renting in Pensacola, Pace or Gulf Breeze and Home for Rent is as simple as contacting one of our property management experts. We would love to earn your busi... 07/28/2012

Investors and Landlords Wanted for Pensacola, Pace and Gulf Breeze Short Sales   Becoming a landlord a perilous proposition for Pensacola investors.   Upside: It's probably the best time in your life to do so. Downside: Expect some kind of crisis on every holiday. Read more. So, you have some savings and you would like to invest in something you can see and feel. You’d like to be a landlord.Here’s the upside: “Now is probably one of the best times in our lifetime to buy a home and rent it out,” said landlord Don Benski, who has taught courses on landlording at the University of Missouri-St. Louis. Today's Prayer Dear God, Thank you for the people you have placed in my life as mentors to look up to as examples. I pray that you would help me to live life in such a way, and to grow stronge... 07/28/2012

  Investors and Landlords Wanted for Pensacola, Pace and Gulf Breeze Short Sales   30-year mortgage rate drops to record 3.56%, why won't it help?   Yet another milestone: Lowest rate since tracking began in the 1950s; 15-year FRM also down to record 2.86%. Read more. Average U.S. rates on fixed mortgages fell again to record lows, giving would-be buyers more incentive to brave the housing market.     3254 Abel Ave, Pace, FL 32571 For Sale: $399,900 6 beds | 5 baths | 4,400 sqft MLS #: 425016 Renting in Pensacola, Pace or Gulf Breeze and Home for Rent is as simple as contacting one of our property management experts. We would love to earn your business and WOW you with our services. Regardless of price we treat you with total respect as to what you want not a home that we need to rent. ... 07/28/2012

Wells Fargo settles lending bias case, couldn't see this coming.   Lender will create $50M assistance fund to settle discrimination allegations and stop using outside mortgage brokers. Read more. Wells Fargo, the largest U.S. mortgage lender, will pay $125 million and set up a $50 million assistance fund to settle U.S. allegations that it discriminated against minority borrowers.The bank will also stop using outside brokers to create mortgages, according to Wells Fargo.The proposed accord settles U.S. accusations in court filings that the bank put 34,000 creditworthy Hispanic and African-American borrowers into more expensive subprime loans from 2004 to 2007, and that mortgage brokers through 2009 added charges that caused minority borrowers to pay higher fees, costs and interest than s... 07/28/2012

Underwhelming growth continues even for Pace and Gulf Breeze Florida   Fannie Mae forecast: The U.S. will continue to rebound, but growth has slowed and a strong economy will take time. Read more. Fannie Mae’s latest economic report suggests that U.S. growth and a rebound will continue, but the rate of that growth has slowed and will probably stay on a subdued pace for at least the rest of 2012.“The data from the past month collectively point to decelerating economic growth, but growth nonetheless,” says Fannie Mae Chief Economist Doug Duncan. “However, despite signs of deteriorating momentum for economic activity, housing continues to be a bright spot as news from the housing market has been relatively upbeat, presenting a rare upside boost to the economy.”     "The mind moves in the d... 07/28/2012