Category: Central Florida For Sale By Owner Services
June 19, 2014 - No Comments
TALLAHASSEE, Fla. – June 19, 2014 – International home purchasers play an integral role in Florida's housing market, according to an analysis of home sales by Florida TaxWatch. "Buying In, An Analysis of International Homebuyers in Florida," looks at the nations that have the highest amount of home purchases in the Sunshine State. The report projects that Florida will sell an estimated 60,000-plus homes to international buyers through 2016.
June 13, 2014 - No Comments
SAN FRANCISCO – June 12, 2014 – The concept of value is subjective when it comes to home amenities, and sellers often find that price and cost do not equal value. Buyers' and sellers' motivations and desires play a big role, but they can be difficult to calculate. Some people may be willing to pay more for a pool, a main-floor master bedroom or to live a certain location, for example, but these features may turn off others.
June 7, 2014 - No Comments
NEW YORK – June 6, 2014 – As the country's housing market continues to recover, more mortgage borrowers have moved into a positive equity position. The average financed U.S. residence had a loan-to-value ratio of 60.8 percent in the first quarter of this year. The nation's collective equity position improved from the final quarter of last year, when the average LTV was 61.9 percent. The details were spelled out in the CoreLogic Equity Report First Quarter 2014.
June 5, 2014 - No Comments
WASHINGTON – June 5, 2014 – Among 36 million people who moved between 2012 and 2013, 5 percent said the most important reason for moving was to be closer to work or for an easier commute, while another 8 percent cited the desire for cheaper housing, according to a report released by the U.S. Census Bureau. The most common reason for moving in 2013 was "wanted new or better home/apartment." The report, Reason for Moving: 2012 to 2013, presents an in-depth look at 19 reasons why people changed residences during the previous year. It's the Census Bureau's first on this topic since 2001, and the report compares numbers to 1999.
June 2, 2014 - No Comments
NEW YORK – June 2, 2014 – Porch, a real estate website that tracks home-improvement projects, says that almost 50 percent of all home-improvement projects involve handyman services during the six months prior to a home sale. When it comes to home improvement projects undertaken by new the new owners in the six months after a property sale, most involved replacing water heaters, updating the plumbing and repairing sewers.
May 31, 2014 - No Comments
WILLIAMSBURG, Va. – May 29, 2014 – Staging may not be important and may not raise residential sales prices, according to researchers at the College of William & Mary. The study polled 820 homebuyers who were shown a series of six virtual tours of a single property, each focusing either on wall color or furnishings. The tours showed the property without furniture, with "ugly" furniture, with "good" furniture, and with wall colors such as neutral beige and an "unattractive" shade of purple. The researchers determined that buyers would pay the same price for the home, no matter how it was staged.
May 29, 2014 - No Comments
IRVINE, Calif. – May 29, 2014 – RealtyTrac's April 2014 Residential & Foreclosure Sales Report finds that U.S. residential properties – single family homes, condominiums and townhomes – sold at an estimated annual pace of 5,213,793 in April, a decrease of less than 1 percent from March but an increase of 4 percent from April 2013. The median sales price of U.S. residential properties – including both distressed and non-distressed sales – was $172,000 in April, an increase of 4 percent from the previous month and an increase of 11 percent from April 2013 – the biggest year-over-year increase since U.S. median prices bottomed out in March 2012. "April home sales numbers are exhibiting the continued effects of low supply and still-strong demand that exist in many markets," says Daren Blomquist, vice president at RealtyTrac. "Annualized sales volume nationwide decreased on a monthly basis for the sixth consecutive month and the 4 percent annual increase in April was the lowest year-over-year increase so far this year."
May 20, 2014 - No Comments
Al Bennati's company, BuyOwner.com, was created to help people sell homes without a professional Realtor®, but when it came time to selling his own home, Bennati hired a Realtor to do it. The chief executive of BuyOwner.com is selling a $3.78 million St. Petersburg, Florida, beach estate. The Mediterranean Revival-style home is on 90 feet of waterfront and has five bedrooms, seven bathrooms and a six-car garage.
May 9, 2014 - No Comments
The market share of all-cash purchases is on the rise, despite declines in distressed sales and investor activity, according to the National Association of Realtors® (NAR). The results spring from an analysis of data collected for the latest Realtors Confidence Index. Lawrence Yun, NAR chief economist, calls the findings counterintuitive. "Distressed home sales, most popular with investors who pay cash, have declined notably in the past two years, yet the share of all-cash purchases has risen," he says. "At the same time, investors have declined as a market share, indicating other changes have been underway in the marketplace."
May 8, 2014 - No Comments
Americans' outlook toward the housing market continued to improve in April – and perhaps foreshadow an increase in housing activity in the coming months – according to results from Fannie Mae's April 2014 National Housing Survey. The share of respondents who believe it's a good time to sell a home increased for the third consecutive month to an all-time high of 42 percent, an encouraging sign since many potential homebuyers will need to sell a home before entering the purchase market.
March 24, 2014 - No Comments
According to the just-released National Association of Realtors®’ (NAR) Realtors Confidence Index, members expect home prices to continue to rise over the next 12 months, but they expect them to do so at a moderate pace given tight credit conditions and lower home affordability.