National Real Estate Blog

Fannie Mae is testing a small pilot program in Orlando, Orange County, Florida in order to speed up real estate short sales. Orlando, Florida has risen above the larger real estate markets in Florida to become one of the leading areas for single family home resales during the last year. The pilot [Read More]

Good news! Good news! It appears that due to the low interest rates, the United States mortgage applications are on the rise! During the first week of 2009, refinance applications rose to the highest level since 1993! Since Fed has committed themselves to buying mortgage-backed securities, the int [Read More]

According to CNN Money, the total loss of jobs during the year of 2008, was an incredible 2.6 million, the highest that it has been since 1945 at the end of WWII! Although many still believe that lowering interest rates on mortgages will stimulate the real estate market, which will in turn boost th [Read More]

The amount of applications filed for residential mortgages in the United States has dropped again. This could be a direct result of the discussions that the Fed is having in regards to buying billions of dollars in mortgage-backed securities in order to lower the mortgage interest rates again. It c [Read More]

It looks as if Renters DO have rights after all, well, at least they do now! According to CNNMoney, Fannie Mae is willing to sign close to 4,000 new leases for tenants living in foreclosed homes that are looking at eviction notices. All the details are not being announced at this time, however a ne [Read More]

On Thursday, May 8, 2008, the House passed a homeowner rescue plan that will provide cheaper, government-backed mortgages to half a million borrowers and has plans to bolster an economy crippled by the housing crisis. Ignoring the veto threats from President Bush, the House approved the measure by [Read More]

Monday, April 28, 2008 a research study showed that U.S. homes heading for foreclosure more than doubled in the first quarter of 2008 from a year earlier, as weakening property values and tighter lending has left many homeowners powerless to preventing their homes from being auctioned to the highes [Read More]

Housing prices dropped in February 2008 at the fastest rate ever recorded, a widely watched index showed on Tuesday, April 29, 2008. The index showed that the housing slump is gaining momentum and showing no signs of letting up. The Standard & Poor’s/Case-Shiller home price [Read More]

In March of 2006 the home sales in Tampa-St. Petersburg-Clearwater were taking a plunge of 26 percent. During that time, Ocala, Tallahassee, Gainesville and Jacksonville were still on an upward rise of home sales. However, those cities couldn't keep themselves from the drop of the housing mark [Read More]

Mary Babinetz has run ads in the newspaper and held six open houses before she listed her South Tampa condo in the home-swapping section of Craigslist. She’s looking for a three-bedroom, two-bath house priced at around $250,000 in New Tampa or Temple Terrace area and she would ta [Read More]