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ZILBERT NEWS – March 30, 2009

Posted on: Monday, March 30th, 2009 in: Market Updates

Here is a general update of real estate and other news from in and around South Beach. *  *  * KEEPING YOUR FINGER ON THE PULSE OF THE MARKET   Curious about what has been selling in and around South Beach recently?  Well, here is list of the 100 most-recent closed sales, up to March 27, [...]

Florida’s Existing Home, Condo Sales Rise in February 2009

Posted on: Wednesday, March 25th, 2009 in: Market Updates

ORLANDO, Fla., March 23, 2009 /PRNewswire via COMTEX/ —-Florida’s existing home sales rose in February, making it the sixth consecutive month that sales activity showed increases in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors(R: 26.48, 0, 0%) (FAR: undefined, undefined, undefined%). February’s statewide sales also increased [...]

Mortgage applications jump; rates at record low

Posted on: Wednesday, March 25th, 2009 in: Market Updates

NEW YORK (Reuters) – U.S. mortgage applications jumped last week as record low interest rates spurred a surge in demand for home refinancing loans, data from an industry group showed on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance loans, increased 32.2 percent to [...]

Short Sales

Posted on: Sunday, March 22nd, 2009 in: Market Updates

Short sales, Slow sales – Check out short sale properties, but get ready to play the waiting game  CHICAGO (MarketWatch) — Those searching for the best housing bargains on the market might consider buying a short-sale property. But there’s an important qualification for buyers interested in going this route: They need plenty of patience. In [...]