Archive for December, 2011

Shopping for a home in the Tampa Bay area?

The latest news is that the number of foreclosures is starting to finally fall.

I did a search of tax records for the number of homes Citibank owns in Tampa and the number was significantly lower than the last time I check a few months ago.

This will add more chaos to next year’s home sales when first time home buyers realize they are running out of inventory for selection when they go shopping.  Smart buyers will start looking now while most people are involved with the holidays.

 

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RSS Latest Real Estate and Financial News

  • New York condo sells for a record $90M May 18, 2012
    An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer. […]
  • 'I have an airplane hangar in my front yard' May 18, 2012
    Like so many Americans across the nation, Julie Clark commutes to work. But she doesn't drive, walk or even take a bus or train. Instead, she flies a plane. […]
  • The Facebook effect on San Francisco real estate May 17, 2012
    The Basis Point is a popular mortgage and housing blog that tracks consumer critical issues and data. It is edited by Julian Hebron, a retail mortgage lender who runs the San Francisco branches of RPM Mortgage. […]
  • Home buying at most affordable level in decades May 17, 2012
    Buying a home has reached its most affordable level in more than two decades. […]
  • Mortgage rates hit record low again May 17, 2012
    Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row. […]
  • Foreclosures fall to lowest level since 2007 May 17, 2012
    Foreclosure filings in April fell for the third straight month to the lowest level since July 2007. […]
  • Mortgage delinquencies drop to 4-year low May 16, 2012
    The percentage of borrowers who have dropped behind on their mortgage payments fell to a four-year low in the first three months of 2012, a bankers' group said Wednesday. […]
  • George Lucas proposes affordable housing plan May 16, 2012
    The film emperor may be striking back. For 25 years, filmmaker George Lucas tried to persuade his Marin County, Calif., neighbors to let him build a digital production studio on his ranch there, but the area's residents thwarted the plan. […]
  • BofA offering up to $30K for short sales May 15, 2012
    Bank of America is offering some struggling homeowners payments of up to $30,000 if they sell their homes in a short sale and avoid ending up in foreclosure. […]
  • Park Ave. co-op sells for record $52.5M May 15, 2012
    A recent sale in New York's famed 740 Park Avenue apartment building marked the highest price ever paid for a co-op in the city's history. […]
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