Florida real estate – Panama City Market Statistics | August 2009
The Florida Real Estate Market statistics and summaries for the Panama City area for August, 2009 are now available for your convenience and download.
The Panama City Florida real estate market continues to maintain itself with slight increases and decreases in expected areas:
- Condo sales increased over last month as short sales and foreclosures and low appraisal values continue to be a factor in the market. The time-to-close factor plays a significant role in actual sale closings. In addition, smartly market priced condos continue to sell well.
Florida Real Estate Market | Seller Tips and the Local Market
In the final entry for the KW Report, I’ll offer some tips for sellers in the current market as well as advice on the local market.
Tips to prepare for buyers in a hurry!
In a competitive market, having a home in the best possible condition can help attract buyers.
A clean and clutter-free home often gives the impression of a well-kept home. When pressed for time, hitting these high notes can help leave a positive impression with buyers in twenty minutes or less.
- Kitchen: wipe down counters and fixtures with baby wipes; put away toaster, coffee maker, and can opener; empty garbage.
Florida Real Estate Market | Tips from MyFico.com
The Series on the July 2009 KW Report continues with tips from MyFico.com…
Important information to be aware of about credit scores:
- Don’t be afraid to shop around for the best rate. Multiple inquiries about the same type of loan only count as one request if done within a short amount of time.
- During the process of qualifying for and obtaining a mortgage, play it safe and wait until after your contract has closed and the mortgage is secured to open new credit.
- Checking your own credit score will not harm your score if you order reports directly through the credit-reporting companies.
Florida Real Estate Market | Credit Scores: Decoded
In this installment of the KW July 2009 report, we’ll look at: Credit Scores: Decoded.
An often misunderstood issue when applying for a mortgage is how credit scores affect the decision for lenders to loan.
Let’s examine how credit scores are actually determined…
Check back for the next installment in this series:Tips from MyFico.com.
Jennifer Mackay
850-774-6582
www.jennifermackay.com
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Florida Real Estate Market | FHA Plans to Expand Capacity
In our next installment of the Keller Williams reportwe look at FHA Plans to Expand Capacity
« go back — keep looking »Source: hud.gov
Over the past three years, the percentage of FHA-backed loans has skyrocketed from 2% to 24% of all mortgages today.
To cope with the rapid expansion, FHA has requested authority to provide $400 billion in additional FHA insurance. This is anticipated to allow 2.25 million additional mortgages to be endorsed by HUD.
Given additional funds, FHA will be able to keep up with the dramatically increasing demand, and consumers should continue to have access to FHA loans.
Daily real estate news- Home Builder Sentiment Slips
- BoA Reports Rising Loan Modifications
- Analysts Say Rates Should Remain Low
- ERA Looking to Make a Community Connection
- Housing Market Still Healthy in Canada
- New Housing Starts and Permits Decline
- Builders Say Business Is on the Upswing
- Mortgage Fraud Declines
- Housing Experts Say Real Estate is Recovering
- Is Now a Good Time to Buy?
- Real Estate industry Watch
- NAR Encourages Slow approach to FHA changesThe National Association of Realtors® urged Congress and the administration to move cautiously before making changes to the Federal Housing Administration program that has served the needs of millions of American families for more than 75 years without needing a federal appropriation. FHA remains financially strong because it has taken steps to ensure solid […]
- NAR and Docusign announce new platformThe National Association of Realtors® announced today the release of the DocuSign REALTOR® Edition, an exclusive online eSignature service designed specifically for Realtors®. NAR and DocuSign formed a business alliance late last year through the REALTOR Benefits® Program. According to NAR, REALTORS will receive a 20 percent savings on DocuSign Basic and Doc […]
- RE/MAX Utilizes Roku IPTV to Replace Satellite NetworkRE/MAX recently rolled out RE/MAX University’s new training platform. It utilizes IPTV (Internet based TV) as opposed to Satellite as a delivery vehicle. This move is expected to accomplish two major objectives: 1) By moving to an IP based system, affilliates can access training on demand via their TV. This is a simple to use platform [...] […]
- HomeGain completes survey on Agent marketing preferencesHomeGain recently published their survey of the Top Ten Marketing Strategies for Real Estate Agents. This survey was conducted December 2009 through February 2010 and measured what marketing channels agents are currently using in marketing and what they intend to use in 2010. This provided some interesting results. “While Realtors are increasingly moving the […]
- Tax Credit Coming to an End?The First Time Home Buyer Tax Credit of 2009 was given new life late last year. President Obama extended the original credit end date until April 30th for purchases and buyers under contract before then have until the end of June to close escrow and claim the credit. The credit has been a success to [...] […]
- NAR Encourages Slow approach to FHA changes
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