11/6/2009 9:39:00 AM
11.05.2009 | Senate Clears Homebuyer Tax Credit Extension; May Pass as Early as This Week (Source: Real Estate Economy Watch)
RISMEDIA, November 5, 2009—After two weeks of delay, the Senate cleared the way to pass a seven month extension and expansion of the tax credit for homebuyers. By an 85 to 2 roll call vote, the Senate voted to cut off debate on a package of measures ...
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11/3/2009 3:44:00 PM
11.03.2009 | New Home Starts Spike (Source: Orlando Sentinel)
New-home construction for the Orlando region grew by 20 percent in the third quarter compared to the prior nine months, according to a study released Tuesday by Metrostudy real estate research firm. The pace of construction was still below last year's ...
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10/29/2009 3:17:00 PM
10.23.2009 | Florida Realtors: Condo sales skyrocket, values still skidding (Source: Orlando Business Journal)
Orlando-area September existing condominium sales were nearly four times higher than the same month a year ago, but values continue to decline. A total of 587 condo units changed hands last month in metro Orlando, up from the 146 unit sales in September 2008. ...
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10/29/2009 11:44:00 AM
10.29.2009 | Senate Democrats indicate that First time Homebuyers Tax Credit will be renewed until at least April of 2010! (Source: Bloomberg News)
Good news! It appears that Senate Democrats have recognized the tremendous value of the First Time Homebuyers Tax Credit and that it will be renewed soon. At this time, it is believed that the credit will allow anyone purchasing (even if the property is not ...
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10/27/2009 11:19:00 AM
10.26.2009 | FAR: Condo Sales Up 77% Over Year (Source: Globe St.)
Orlando ORLANDO-At least 5,000 residential condominium units were sold statewide in September, 77% more than the same month last year and up 9% from August, according to the Florida Association of Realtors. For the same time frame, the median price is one-third ...
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10/13/2009 2:25:00 PM
10.13.2009 | Homes Sold in Orlando Continue Rise, Pending Sales Pipeline Building (Source: Real Estate Channel)
(ORLANDO, FL) -- Members of the Orlando Regional Realtor Association in September sold 54.30 percent more homes than in September of last year, contributing to the area's year-to-date sales increase of 50.69 percent. The most recent statistics show a continuing ...
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10/13/2009 2:22:00 PM
10.13.2009 | September home resales up in Orlando, values down (Source: Orlando Business Journal)
Orlando-area Realtors sold more homes in September this year, with more than half of the sales being distressed or bank-owned homes, the Orlando Regional Realtor Association reported. Association members sold a total of 2,151 existing homes in September, a ...
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10/13/2009 7:30:00 AM
10.13.2009 | Is Economy Finally Getting Better? (Source: Central Florida News 13)
ORLANDO -- It looks like the stock market may hit a milestone this month. The Dow Jones Industrial Average is inching closer and closer to the 10,000 mark. It hasn't been that high for more than a year. Economists hope this could bring some confidence ...
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10/8/2009 7:26:00 AM
10.07.2009 | Quarterly House Price Gains Dip to 6.3%: Clear Capital (Source: HousingWire)
National home price gains decreased to 6.3% in September from 7.3% in August but remained positive across all four regions, according to the monthly Home Data Index monthly report from Clear Capital , a data and software provider to the mortgage industry. ...
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10/6/2009 3:18:00 PM
10.2.2009 | Foreclosures hit Lee County middle class (Source: www.Tallahassee.com)
The number of foreclosure lawsuits filed in Lee County in September fell slightly but bit more deeply into the middle class as people started to lose more expensive homes. There were 1,610 foreclosure lawsuits filed, down slightly from August's 1,692 and ...
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