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Sarasota • Manatee, Florida / Investor News: December 2010
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Tuesday, December 21, 2010. City of Bradenton to get $520,177 from HUD. The City of Bradenton has received notification from the U.S. Department of Housing and Urban Development that $520,177 is available for this fiscal program year for the City's Community Development Block Grant Program. HUD awards grant money to communities to carry out a wide range of local development activities directed toward revitalizing neighborhoods, economic development, and providing improved community facilities and services.
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Sarasota • Manatee, Florida / Investor News: April 2011
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Monday, April 18, 2011. Sarasota Realtors Report Rebound in Sales and Prices. Both the number of sales, and, more importantly for homeowners, the average selling price of homes sold in March rebounded from February’s level, according to a just-released report from the Sarasota Association of Realtors. SAR members sold 800 properties in March – which was the most since September 2005, when the real estate boom started to fade. Highlights of the report:. 8211; Median sales prices for both houses and condom...
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Sarasota • Manatee, Florida / Investor News: Local markets heat up with investors
http://dillsrq.blogspot.com/2011/06/local-markets-heat-up-with-investors.html
Wednesday, June 1, 2011. Local markets heat up with investors. May 31, 2011 – Real estate investors, by three to one, will be more active in their local markets compared to typical homebuyers in the next 24 months; and 69 percent of investors say it’ll be easier to find properties in the near future, according to a survey of real estate investors released by Move, Inc., the management company overseeing Realtor.com. Today’s investors – not stereotypical, deal-driven flippers. Contrary to the tactics used...
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Sarasota • Manatee, Florida / Investor News: October 2011
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Monday, October 24, 2011. Solar power beginning to go mainstream. NEW YORK – Oct. 24, 2011 – Solar energy may finally get its day in the sun. Solar power installations doubled in the United States last year and are expected to double again this year. More solar energy is being planned than any other power source, including nuclear, coal, natural gas and wind. 8220;We are at the beginning of a turning point,” says Andrew Beebe, who runs global sales for Suntech Power, a manufacturer of solar panels. Solar...
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Sarasota • Manatee, Florida / Investor News: September 2010
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Thursday, September 9, 2010. As housing languishes, mortgage write-downs gain appeal for banks. As housing languishes, mortgage write-downs gain appeal for banks. Now that appears to be changing, and it could have implications for property owners caught up in the sell-off. 8220;The proverbial logjam is beginning to break up,” said Jim Anthony, CEO of Anthony and Co., a Raleigh real estate services company. Other regional banks, including Pittsburgh-based PNC Financial Services Group and Birmingham, Ala&#...
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Sarasota • Manatee, Florida / Investor News: June 2011
http://dillsrq.blogspot.com/2011_06_01_archive.html
Wednesday, June 1, 2011. Local markets heat up with investors. May 31, 2011 – Real estate investors, by three to one, will be more active in their local markets compared to typical homebuyers in the next 24 months; and 69 percent of investors say it’ll be easier to find properties in the near future, according to a survey of real estate investors released by Move, Inc., the management company overseeing Realtor.com. Today’s investors – not stereotypical, deal-driven flippers. Contrary to the tactics used...
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Sarasota • Manatee, Florida / Investor News: Bank can go after other assets in Florida if you default on mortgage
http://dillsrq.blogspot.com/2012/01/bank-can-go-after-other-assets-in.html
Saturday, January 14, 2012. Bank can go after other assets in Florida if you default on mortgage. Worried that your bank might go after your other assets if you're late on the mortgage or lose your home to foreclosure? It can happen in Florida, especially if a bank sells your foreclosed house and doesn't recoup the full loan amount and if you're a big-dollar borrower. Rules on tapping assets vary by state and depend on the terms of specific loans and accounts. Florida banks usually don't target other ass...
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Sarasota • Manatee, Florida / Investor News: January 2010
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Wednesday, January 27, 2010. Clearing up confusion regarding tax credits. To read more about the tax credit and find other materials, visit floridarealtors.org here. TAMPA, Fla. – Jan. 26, 2010 – Federal tax credits for homebuyers have certainly boosted the Tampa Bay area real estate market. The incentives have prompted nervous buyers to get off the fence, and that has helped the area shed thousands of homes from the region’s inventory of unsold properties. 8226; There are two credits available. One ...
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Sarasota • Manatee, Florida / Investor News: Sarasota Realtors Report Rebound in Sales and Prices
http://dillsrq.blogspot.com/2011/04/sarasota-realtors-report-rebound-in.html
Monday, April 18, 2011. Sarasota Realtors Report Rebound in Sales and Prices. Both the number of sales, and, more importantly for homeowners, the average selling price of homes sold in March rebounded from February’s level, according to a just-released report from the Sarasota Association of Realtors. SAR members sold 800 properties in March – which was the most since September 2005, when the real estate boom started to fade. Highlights of the report:. 8211; Median sales prices for both houses and condom...
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Sarasota • Manatee, Florida / Investor News: March 2010
http://dillsrq.blogspot.com/2010_03_01_archive.html
Sunday, March 28, 2010. Have home prices hit bottom? Published: Sunday, March 28, 2010 at 1:00 am. The long drop may be over. The great home price decline that began on the Gulf Coast more than four years ago finally shows signs of ending. In the Sarasota-Bradenton market, the median price for single-family homes hit a low of $144,000 in February 2009. Since then, it has bounced around, creeping as high as $167,400. But a growing number of market watchers see signs the price decline has ended. 8226; The ...