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Tuesday November 24, 2009
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Florida Housing Market News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest Florida Housing Market News

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  • Real estate agents see return of foreign buyers 24 Nov 2009 01:21 GMT
    ... a discount retailer: In bulk, with slashed prices. Wong, president of Optimus U.S. Real Estate ... recovery of the U.S. economy and the housing market's resurgence. Some want vacation homes, while others ... ending in May, the Realtors group reports. Florida leads the U.S. in the amount of ...

  • Priced to sell: South Florida housing market shows signs of life 24 Nov 2009 12:53 GMT
    ... two years before it sells. While South Florida home sales continue registering strong gains, roughly three-quarters ... three-quarters of the properties changing hands are priced at less than $300,000. Homes offered for ... said Chris Vlad, president of Alpha One Real Estate, a Hollywood-based appraisal company that mainly works ...

  • Real estate guru hired to clean up the messes 24 Nov 2009 04:30 GMT
    ... Real estate guru hired to clean up the messes ... of two, he grew up in the housing projects in East New York before moving ... Real Estate Studies at the University of Florida. "But they are selling condos, and condos ...

  • October home sales booming in Southwest Florida, state, U.S. 24 Nov 2009 03:03 GMT
    ... same month a year ago, according to Florida Realtors, the voice for real estate in ... for real estate in Florida. The median price of those sales was $91,600, down 34 ... and 10 percent in the West. The housing recovery is being driven by lower prices combined ...

  • October home sales surge; prices decline 24 Nov 2009 05:37 GMT
    ... the same month a year ago, the Florida Association of Realtors reported Monday. Sales of ... the sales spike, pushing down median sales prices below year-ago levels. The median single-family sales ... the latest sign that the battered local housing market, which dramatically rose only to fall as ...

  • Michigan's housing chief defaults on loans 24 Nov 2009 04:35 GMT
    ... A homebuilder who chairs the state housing authority has been the target of lawsuits ... in October to charge much of the cost back to the homeowners. Records show Glieberman ... Bank. The case is pending. • In Florida, Huntington Bank won an $11 million foreclosure ...

  • Priced to sell: South Florida's housing market shows signs of life 24 Nov 2009 06:44 GMT
    ... Priced to sell: South Florida's housing market shows signs of life Miguel and Emma Aguilar have had their lakefront house in ...

  • October Home Sales Up In Polk as Prices Continue Down 24 Nov 2009 01:53 GMT
    ... 366 in September, according to the My Florida Multiple Listing Service. The year's previous high ... was 385 homes sold in July. Sales prices continue to fall, however, reflecting the abundance ... really long time to go before this housing market recovery takes hold." A total 924 foreclosure ...

  • Faulty Chinese drywall causes corrosion, federal study says: The federal government has linked some Chinese drywall to corrosion found in homes in South Florida and across the country, but questions remain about what steps need to 24 Nov 2009 10:31 GMT
    ... -- What thousands of homeowners in South Florida and nationwide have believed about Chinese drywall ... have moved out -- left to juggle mortgage payments and rent -- are still waiting ... Warren Friedman of the U.S. Department of Housing and Urban Development said it is too early ...

  • Florida man gets 30 years for sexually abusing two young girls 24 Nov 2009 11:53 GMT
    ... FORT LAUDERDALE — A Hollywood man has been sentenced ... was arrested in April 2008 after a real estate agent cleaning out his former apartment found several VCR and camcorder tapes of ...

  • Feds probe DeLand Housing Authority 24 Nov 2009 07:31 GMT
    ... -- Federal officials are investigating the DeLand Housing Authority to determine if the agency violated federal ... help from the Housing Authority for reasonable accommodation after Juan Ortega's dementia got worse. Catherine ... The family filed a complaint with the Florida Commission on Human Relations in February 2008 ...

  • 1 in 4 mortgages 'underwater' 24 Nov 2009 13:00 GMT
    ... on the horizon, 23% of people with mortgages owe more than their home is worth, ... Tuesday's report could dent optimism for the housing market over the next few months. The majority ... bust: Nevada, at 65%; Arizona, at 48%; Florida, at 45%; Michigan, at 37%; and California, ...

  • Home sales rising; prices diving 24 Nov 2009 07:31 GMT
    ... tax credits, low mortgage rates and declining prices pushed sales of existing houses in October ... 480 in October 2008, according to a Florida Association of Realtors report issued Monday. It ... and more foreclosures could dampen any expected housing rebound. -- Information from the Associated Press was ...

  • BART investigating whether glass-shattering scuffle violated policies 24 Nov 2009 05:11 GMT
    ... since May and was previously a Contra Costa sheriff's deputy. The officer, who required stitches ... into the situation," said George Kirkham, a Florida criminologist and consultant. Kirkham said the basic ... a complaint of loud music from his apartment, Gibson advanced on an officer with clenched ...

  • Foreclosure Activity Slows for Third Straight Month According to RealtyTrac® U.S. Foreclosure Market 24 Nov 2009 09:47 GMT
    ... also shows one in every 385 U.S. housing units received a foreclosure filing in October. ... year ago in most states." Nevada, California, Florida post top state foreclosure rates Despite a ... of Foreclosure Sale (NTS and NFS); and Real Estate Owned, or REO properties (that have been ...


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