By now most home Buyers have a general understanding of what a Short Sale property is. What most do not realize is that the price that is advertised for sale is not always a guaranteed sale price. Yes, there are exceptions to this in where the listing agent has been … Read More »
Archive for February, 2009
The Challenges of Short Sales
Friday, February 27th, 2009Foreclosed Home or Party House?
Wednesday, February 25th, 2009With the vast number of vacant foreclosed home out on the market; it was just a matter of time for these properties to become the latest hang out for teenage kids. These properties have often been left vacant for month’s without any maintenance or property management to look over these … Read More »
Progress Energy Bow’s To Pressure
Thursday, February 19th, 2009Bowing to pressure from the press and its customers, Progress Energy has announced to reduce rates by 11% after it increased prices in January by 25%. This is an obvious move by Progress Energy to avoid any further backlash from the general public over the rate increases in a bad … Read More »
Walt Disney World Offers Discount To Locals
Wednesday, February 18th, 2009In an effort to help boost their in state attendance, Walt Disney World is offering a new discount to bring in more locals to their resort. Times are tough for everyone and the Walt Disney World resort is no exception. With park attendance lagging 5% for the last quarter ending … Read More »
What The New Housing Stimulus Bill Means To You
Tuesday, February 17th, 2009With today’s passage of the historic stimulus bill by President Obama, the housing market is hopefully heading in a new direction to recovery. While the bill contained many programs to help stabilize the economy, the most important to home buyers were the provisions for purchasing a home. A closer look … Read More »
January Market Report for Home Sales in Orlando
Wednesday, February 11th, 2009The median price of Orlando homes sold in January ($148,274) decreased by 33.06 percent compared to January 2008 while the area’s average interest rate dropped to its lowest point since May of 2005, creating market conditions that further tilt in favor of buyers. All the indicators point to another month … Read More »
New Buyer Tax Credit
Monday, February 9th, 2009The Senate has approved a new tax credit for home buyers that should be a big help to jump-start the housing market. As part of the Economic Stimulus Bill, home buyers of a primary residence will receive a tax credit of $15,000 or 10 percent of the cost of the … Read More »