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The recent surge of South Florida foreclosure filings is beginning to slow down, according to data from RealtyTrac. While the number of tri-county properties with foreclosure filings rose for the seventh straight month, there were only 10 percent more filings … Continue reading
Distressed inventory made up 40 percent of all sales July 12, 2012 12:01AM By Alexander Britell The median sales price of Miami’s coastal residential properties rose 20.9 percent in the second quarter of 2012, compared to the same period in 2011, … Continue reading
WASHINGTON – July 13, 2012 – Average U.S. rates on fixed mortgages fell again to record lows, giving would-be buyers more incentive to brave the housing market. Mortgage buyer Freddie Mac says the average rate on the 30-year loan fell … Continue reading
NEW YORK – July 3, 2012 – Mortgage rates are at record lows, with 30-year fixed-rate mortgages – the most popular choice among homebuyers – averaging in the 3 percent range for the last several weeks. So how can homebuyers … Continue reading
Real estate makes a great retirement plan: Put a rental property into an IRA, play by IRS rules, and you’ll grow your investment tax-free until retirement. When you put a rental property (a house, condo, land, or even commercial property) … Continue reading