Archive for August, 2010

Cheap condos are disappearing

When ever I used to search for condos under $30k, a dozen per complex would turn up. Now I might find 3 active condos per complex. I have a few for sale on my website at www.tampahomesbestbuys.com

 

August 2010
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RSS Latest Real Estate and Financial News

  • Homes in foreclosure decline by 130,000 February 8, 2012
    Slowly, but surely, the foreclosure crisis seems to be abating. […]
  • Foreclosure deal has 40 states, but others balk February 7, 2012
    More than 40 states have signed on to a draft deal settling claims of improper mortgage servicing that's aimed at relieving homeowners struggling with loans bigger than their home's value. […]
  • Home repairs: Which jobs come first? February 3, 2012
    Lean times call for budgetary triage. But while you should clearly opt for orthodontics before Disneyland, the choice is tougher when it comes to home maintenance. […]
  • Finally, a foreclosure settlement (Maybe) February 3, 2012
    States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value. […]
  • Mortgage rates hit another new low February 2, 2012
    Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record. […]
  • Mortgage probe unveiled as foreclosure talks loom February 2, 2012
    President Obama's latest probe into the mortgage meltdown will have more power than past efforts, and federal officials say it won't derail a possible $20 billion settlement for underwater and foreclosed homeowners. […]
  • Obama proposes new home loan refinancing plan February 1, 2012
    The Obama administration on Wednesday detailed its latest plan to help millions of homeowners refinance their mortgages to today's historically-low rates. […]
  • REITs to avoid February 1, 2012
    Investors are racing into REITs that promise higher yields than equity REITs. But be forewarned, the higher yields of these other types of real estate vehicles come with very real risks. […]
  • Don't rush into REITs February 1, 2012
    You'd think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven't grown at all in four years. And given the possibility that the global economy may retrench yet again, things could still get w […]
  • Become your kid's mortgage lender February 1, 2012
    Between slumping prices and low mortgage rates, it's a good time to look for real estate bargains. But thanks to tightened lending standards, legions of young would-be homebuyers aren't exactly in a position to take advantage of the opportunity. That's where their parents come in: One in three first-time buyers received either a gift or a loan […]
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