Friday, May 30, 2008
Tampa Coastal Homes Report for Apollo Beach
Go to this Tampa Coastal Home Report for up to date analysis and real estate trends in Apollo Beach, Florida. Bonnie Fagoh has over 40 years of Tampa residential experience and will help you find the home of your dreams or sell a home regardless of market conditions.
Thursday, May 29, 2008
Tampa Real Estate-Tampa Homes-Tampa MLS Listings-Tampa Realtor
http://www.tampacoastalrealestate.com Specializing in Tampa Real Estate, expertise in buying and selling Tampa homes, condos, coastal properties. Experienced full service Tampa Realtor.
Bella Sol, Tampa Real Estate, Tampa Coastal Real Estate Homes
http://www.TampaCoastalRealEstate.com Bella Sol, Tampa Real Estate, Tampa Coastal Homes, and Tampa New Homes. Get a Tampa Coastal Real Estate Guide. Get a Bella Sol guide. Call Bonnie Fagoh at 813-390-7606
Tampa Real Estate, Tampa 4BR, Tampa Coastal Homes, 918 Golf Island Drive
http://www.TampaCoastalHomes.com 4BR 4BA $1,000,000 Home on 918 Golf Island Drive, Tampa Real Estate, Tampa Coastal Homes, and Tampa New Homes. Get a Tampa Coastal Real Estate Guide. Call Bonnie Fagoh at 813-390-7606
Tampa Real Estate, 918 Golf Island Drive, 4BR 4BA
http://www.BonnieFagoh.com 4BR 4BA Home on 918 Golf Island Drive. $1,000,000 Home on Golf Island Drive. Incredible home and location. Get a Tampa Coastal Real Estate Guide. Call Bonnie Fagoh at 813-390-7606
Wednesday, May 21, 2008
MARKET CONDITIONS | NEWS ARCHIVES | CONSUMER ADVICE | AGENT NEWS & ADVICE | LISTINGS | CONTACT US
Search Realty Times
Front Page
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
NEED HELP?
--------------------------------------------------------------------------------
Click for Live Support
--------------------------------------------------------------------------------
Send E-mail
--------------------------------------------------------------------------------
Call: 214-353-6980
CONDITIONS™
By Local Real Estate Experts
Top > Florida > Valrico
Market Conditions for Valrico, Florida
Reported by Bonnie Fagoh, REALTOR
Updated May 21, 2008.
Current Market Rating: 1
1
2 3 4 5
Buyer's
Seller's
Current Price Trend: 2
1
2 3 4 5
Falling
Rising
WELCOME TO VALRICO!
Valrico has a strong buyer's market with the recent price trend down due to the current high volume of inventory.
Townhomes start below $100k with Single Family Homes starting in the low $100k's all the way up to $3.5 million. There is something for everyone's budget,
so FEEL FREE to call me anytime at (813)390-7606.
THANKS!
BONNIE
ZIP Code: 33594
Location Characteristics: Valrico is a beautiful area just east of Brandon that has seen a lot of new home development in recent years. Shopping, restaurants, and schools have come with the growth. A huge mall is only 10 minutes away, as well as movie theatres and restaurants.
For More Information:
Visit My Web Site
View My Newsletter
Ask Me A Question
View Market Conditions of other areas served by Bonnie Fagoh
Navigate: Top > Florida > Valrico
About Bonnie Fagoh:
I am a 40 year Florida resident of the Tampa Bay Area! My training in Real Estate has been extensive and on-going for the last 4 plus years, as I am very serious about my full time career. It is my goal to do the best job for my clients, putting their needs first. This has allowed me to reach Master's level the past 3 years, and be in the top 100 out of 4,000 agents. I tell you this
only to let you know I will put my expertise to work for YOU.
I currently live on the water in Ruskin with my husband and 3 children. I understand the importance of community and good schools to those raising a family.
Please do not hesitate to call on me if I can be of assistance in helping you find a new home. If you need to sell, I can help you get the HIGHEST price, in the shortest time, with the least amount of incovenience to you. I work at an office with a Sales FORCE of over 80 agents. There are well over 200 agents in our 5 offices that surround the Tampa bay area.
Please call me at (813) 390-7606 so that I can assist you with all your Real Estate needs.
Feb 08 UPDATE!!** Thanks again to everyone as I was again awarded at the TOP AGENTS retreat for 2007!! This is a measure of how dedicated to the real estate industry an agent is.... ask how was your production for 2007?
--------------------------------------------------------------------------------
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
Real Estate News Network
Good News From Lenders
Good News From LendersCondo Trends: Getting Grandparents Into Senior Condominium LivingRealty Viewpoint: New Homes Will Cost More, Offer LessRegional Report: SouthMarket Conditions: Roswell, New Mexico
More Videos...
--------------------------------------------------------------------------------
Mortgage Rates
30 Year Fixed: 6.01%
15 Year Fixed: 5.60%
1 Year Adj: 5.18%
(U.S. Weekly Averages)
--------------------------------------------------------------------------------
Today's Headlines
Good News From Lenders
Condo Trends: Getting Grandparents Into Senior Condominium Living
Realty Viewpoint: New Homes Will Cost More, Offer Less
Regional Report: South
Market Conditions: Roswell, New Mexico
How to Make a Success of Short Sales
HOA Pool Rule Prejudice
Making Vacation Home Vacancies Vanish
Devil In Details of Foreclosure 'Bargains'
New Homes: What's Old is New Again
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Buyers' Advice More...
Devil In Details of Foreclosure 'Bargains'
Could New Supreme Court Ruling Spell Trouble for Multi-State LLCs Holding Real Estate?
Ferreting Out Home Defects
Sellers' Advice More...
The Value of Successful Home Staging
Open House Rules
Tax Rebate Uses For Sellers
Rental Advice More...
Apartment Owners Caught Sleeping?
Condo Trends: Slow Housing Market Good for Rentals
Condo Trends: Condo Living A Little Different Than Co-op
Advice for Borrowers More...
Washington Report: Are "Jumbo" Loans Overpriced?
Washington Report: Low-Cost "Gap" Financing
Does It Matter Why Rates Are Low?
Homeowners' Advice More...
Avoiding Home-Based Business Blunders
Keep Cool Starting From The Top
Don't Let Heating And Air Conditioning Problems Cool Your Next Purchase!
New Home Advice More...
New Homes: What's Old is New Again
AD&C Loans Tighten with Financial Markets
New Homes: Homebuilders Doing What it Takes
Homeowner Association Advice More...
HOA Health Survey
Ask the HOA Expert
Ask the HOA Expert
Canadian More...
Take Ageism, Not Drivers, Off the Road
Ontario's Greenbelt a World Leader, but Expansion is Controversial
Is a Trend the Best Reason to Buy?
for AgentsCommission Issues More...
Did The Foxtons Model Really Fail?
Who's Getting In Your Pocket, Now? Foxton's and Iggy's House
Brokers: Why Agents Ask for a Higher Split
Marketing Advice More...
Mortgage Pre-Approval versus Mortgage Pre-Qualification
Realty Viewpoint: Non-industry Websites Fill Information Gap for HomeBuyers
Stretching Your Advertising Budget with Remnant Ads
Technology Advice More...
May Cybertips
Google Desktop: A Free Easy, Time Saver
The New World of Web 2.0
NAR News More...
Realtor Ethics Discipline Won't Be Overturned by Court
Realty Viewpoint: NAR Battles Bad Press With Housing Facts For Consumers
FHA Revisions Unlikely To Help Borrowers This Year
Realty Times Announcements More...
Realty Times TV: Roller Coaster Interest Rates Delight Homebuyers
Realty Times TV: Mortgage Rates Continue To Fall, Real Estate Boom Gets Fresh Powder
Realty Times TV: Mortgage Rates Lowest Since February
Readers' Choice
Give (Referrals) and Ye Shall Receive!
Realty Viewpoint: Mortgage Rates Could Soar, Predicts Economist
Keeping it Priced Right Even in a Declining Market
Investor Report: Private Mortgage Insurance Changes
Buyers Not Likely To Pay For Improvements
Cash Back Confusion
Mold Must Go: 6 Things to Know
A Common Occurrence That Might Be Killing Your Business
Investor Report: Scarlet Letters
Get Leads to Respond
Real Estate Outlook: Economy is Growing
Where to Advertise Your Home For Sale
How I Handle My Vacation Home So That I Can Do A 1031 Exchange
Washington Report: Economic Stimulus Package for Housing
Realtor Caught in Cash-Back-at-Closing's Crosshairs
Agent Publicity | Local Market Conditions | About Realty Times | Article Index | Terms & Conditions | Privacy | Contact Us
Copyright © 2008 Realty Times®. All Rights Reserved.
Search Realty Times
Front Page
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
NEED HELP?
--------------------------------------------------------------------------------
Click for Live Support
--------------------------------------------------------------------------------
Send E-mail
--------------------------------------------------------------------------------
Call: 214-353-6980
CONDITIONS™
By Local Real Estate Experts
Top > Florida > Valrico
Market Conditions for Valrico, Florida
Reported by Bonnie Fagoh, REALTOR
Updated May 21, 2008.
Current Market Rating: 1
1
2 3 4 5
Buyer's
Seller's
Current Price Trend: 2
1
2 3 4 5
Falling
Rising
WELCOME TO VALRICO!
Valrico has a strong buyer's market with the recent price trend down due to the current high volume of inventory.
Townhomes start below $100k with Single Family Homes starting in the low $100k's all the way up to $3.5 million. There is something for everyone's budget,
so FEEL FREE to call me anytime at (813)390-7606.
THANKS!
BONNIE
ZIP Code: 33594
Location Characteristics: Valrico is a beautiful area just east of Brandon that has seen a lot of new home development in recent years. Shopping, restaurants, and schools have come with the growth. A huge mall is only 10 minutes away, as well as movie theatres and restaurants.
For More Information:
Visit My Web Site
View My Newsletter
Ask Me A Question
View Market Conditions of other areas served by Bonnie Fagoh
Navigate: Top > Florida > Valrico
About Bonnie Fagoh:
I am a 40 year Florida resident of the Tampa Bay Area! My training in Real Estate has been extensive and on-going for the last 4 plus years, as I am very serious about my full time career. It is my goal to do the best job for my clients, putting their needs first. This has allowed me to reach Master's level the past 3 years, and be in the top 100 out of 4,000 agents. I tell you this
only to let you know I will put my expertise to work for YOU.
I currently live on the water in Ruskin with my husband and 3 children. I understand the importance of community and good schools to those raising a family.
Please do not hesitate to call on me if I can be of assistance in helping you find a new home. If you need to sell, I can help you get the HIGHEST price, in the shortest time, with the least amount of incovenience to you. I work at an office with a Sales FORCE of over 80 agents. There are well over 200 agents in our 5 offices that surround the Tampa bay area.
Please call me at (813) 390-7606 so that I can assist you with all your Real Estate needs.
Feb 08 UPDATE!!** Thanks again to everyone as I was again awarded at the TOP AGENTS retreat for 2007!! This is a measure of how dedicated to the real estate industry an agent is.... ask how was your production for 2007?
--------------------------------------------------------------------------------
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
Real Estate News Network
Good News From Lenders
Good News From LendersCondo Trends: Getting Grandparents Into Senior Condominium LivingRealty Viewpoint: New Homes Will Cost More, Offer LessRegional Report: SouthMarket Conditions: Roswell, New Mexico
More Videos...
--------------------------------------------------------------------------------
Mortgage Rates
30 Year Fixed: 6.01%
15 Year Fixed: 5.60%
1 Year Adj: 5.18%
(U.S. Weekly Averages)
--------------------------------------------------------------------------------
Today's Headlines
Good News From Lenders
Condo Trends: Getting Grandparents Into Senior Condominium Living
Realty Viewpoint: New Homes Will Cost More, Offer Less
Regional Report: South
Market Conditions: Roswell, New Mexico
How to Make a Success of Short Sales
HOA Pool Rule Prejudice
Making Vacation Home Vacancies Vanish
Devil In Details of Foreclosure 'Bargains'
New Homes: What's Old is New Again
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Buyers' Advice More...
Devil In Details of Foreclosure 'Bargains'
Could New Supreme Court Ruling Spell Trouble for Multi-State LLCs Holding Real Estate?
Ferreting Out Home Defects
Sellers' Advice More...
The Value of Successful Home Staging
Open House Rules
Tax Rebate Uses For Sellers
Rental Advice More...
Apartment Owners Caught Sleeping?
Condo Trends: Slow Housing Market Good for Rentals
Condo Trends: Condo Living A Little Different Than Co-op
Advice for Borrowers More...
Washington Report: Are "Jumbo" Loans Overpriced?
Washington Report: Low-Cost "Gap" Financing
Does It Matter Why Rates Are Low?
Homeowners' Advice More...
Avoiding Home-Based Business Blunders
Keep Cool Starting From The Top
Don't Let Heating And Air Conditioning Problems Cool Your Next Purchase!
New Home Advice More...
New Homes: What's Old is New Again
AD&C Loans Tighten with Financial Markets
New Homes: Homebuilders Doing What it Takes
Homeowner Association Advice More...
HOA Health Survey
Ask the HOA Expert
Ask the HOA Expert
Canadian More...
Take Ageism, Not Drivers, Off the Road
Ontario's Greenbelt a World Leader, but Expansion is Controversial
Is a Trend the Best Reason to Buy?
for AgentsCommission Issues More...
Did The Foxtons Model Really Fail?
Who's Getting In Your Pocket, Now? Foxton's and Iggy's House
Brokers: Why Agents Ask for a Higher Split
Marketing Advice More...
Mortgage Pre-Approval versus Mortgage Pre-Qualification
Realty Viewpoint: Non-industry Websites Fill Information Gap for HomeBuyers
Stretching Your Advertising Budget with Remnant Ads
Technology Advice More...
May Cybertips
Google Desktop: A Free Easy, Time Saver
The New World of Web 2.0
NAR News More...
Realtor Ethics Discipline Won't Be Overturned by Court
Realty Viewpoint: NAR Battles Bad Press With Housing Facts For Consumers
FHA Revisions Unlikely To Help Borrowers This Year
Realty Times Announcements More...
Realty Times TV: Roller Coaster Interest Rates Delight Homebuyers
Realty Times TV: Mortgage Rates Continue To Fall, Real Estate Boom Gets Fresh Powder
Realty Times TV: Mortgage Rates Lowest Since February
Readers' Choice
Give (Referrals) and Ye Shall Receive!
Realty Viewpoint: Mortgage Rates Could Soar, Predicts Economist
Keeping it Priced Right Even in a Declining Market
Investor Report: Private Mortgage Insurance Changes
Buyers Not Likely To Pay For Improvements
Cash Back Confusion
Mold Must Go: 6 Things to Know
A Common Occurrence That Might Be Killing Your Business
Investor Report: Scarlet Letters
Get Leads to Respond
Real Estate Outlook: Economy is Growing
Where to Advertise Your Home For Sale
How I Handle My Vacation Home So That I Can Do A 1031 Exchange
Washington Report: Economic Stimulus Package for Housing
Realtor Caught in Cash-Back-at-Closing's Crosshairs
Agent Publicity | Local Market Conditions | About Realty Times | Article Index | Terms & Conditions | Privacy | Contact Us
Copyright © 2008 Realty Times®. All Rights Reserved.
Your REALTOR:
Bonnie Fagoh
May 2008
Buyin' or Sellin'....Call Bonnie Helen! (Fagoh)
(813) 390-7606
Copyright © 2008 Realty Times
All Rights Reserved.
CONDITIONS REPORT
Market Conditions for Valrico, Florida
Reported by Bonnie Fagoh, REALTOR
As of May 21, 2008.
Current Market Rating: 1
1
2 3 4 5
Buyer's
Seller's
Current Price Trend: 2
1
2 3 4 5
Falling
Rising
WELCOME TO VALRICO!
Valrico has a strong buyer's market with the recent price trend down due to the current high volume of inventory.
Townhomes start below $100k with Single Family Homes starting in the low $100k's all the way up to $3.5 million. There is something for everyone's budget,
so FEEL FREE to call me anytime at (813)390-7606.
THANKS!
BONNIE
ZIP Code: 33594
Location Characteristics: Valrico is a beautiful area just east of Brandon that has seen a lot of new home development in recent years. Shopping, restaurants, and schools have come with the growth. A huge mall is only 10 minutes away, as well as movie theatres and restaurants.
For More Information:
Visit My Web Site
View My Newsletter
Ask Me A Question
About Bonnie Fagoh:
I am a 40 year Florida resident of the Tampa Bay Area! My training in Real Estate has been extensive and on-going for the last 4 plus years, as I am very serious about my full time career. It is my goal to do the best job for my clients, putting their needs first. This has allowed me to reach Master's level the past 3 years, and be in the top 100 out of 4,000 agents. I tell you this
only to let you know I will put my expertise to work for YOU.
I currently live on the water in Ruskin with my husband and 3 children. I understand the importance of community and good schools to those raising a family.
Please do not hesitate to call on me if I can be of assistance in helping you find a new home. If you need to sell, I can help you get the HIGHEST price, in the shortest time, with the least amount of incovenience to you. I work at an office with a Sales FORCE of over 80 agents. There are well over 200 agents in our 5 offices that surround the Tampa bay area.
Please call me at (813) 390-7606 so that I can assist you with all your Real Estate needs.
Feb 08 UPDATE!!** Thanks again to everyone as I was again awarded at the TOP AGENTS retreat for 2007!! This is a measure of how dedicated to the real estate industry an agent is.... ask how was your production for 2007?
--------------------------------------------------------------------------------
Copyright © 2008 Realty Times. All Rights Reserved.
Bonnie Fagoh
E-mail: bonniefagoh@century21beggins.com
Web: http://www.TampaCoastalHomes.com
813-390-7606
Century 21 Beggins Enterprises
813-658-1344
6542 U. S. Hwy. 41 N.
Apollo Beach, FL 33572
Equal Housing Opportunity
Bonnie Fagoh
May 2008
Buyin' or Sellin'....Call Bonnie Helen! (Fagoh)
(813) 390-7606
Copyright © 2008 Realty Times
All Rights Reserved.
CONDITIONS REPORT
Market Conditions for Valrico, Florida
Reported by Bonnie Fagoh, REALTOR
As of May 21, 2008.
Current Market Rating: 1
1
2 3 4 5
Buyer's
Seller's
Current Price Trend: 2
1
2 3 4 5
Falling
Rising
WELCOME TO VALRICO!
Valrico has a strong buyer's market with the recent price trend down due to the current high volume of inventory.
Townhomes start below $100k with Single Family Homes starting in the low $100k's all the way up to $3.5 million. There is something for everyone's budget,
so FEEL FREE to call me anytime at (813)390-7606.
THANKS!
BONNIE
ZIP Code: 33594
Location Characteristics: Valrico is a beautiful area just east of Brandon that has seen a lot of new home development in recent years. Shopping, restaurants, and schools have come with the growth. A huge mall is only 10 minutes away, as well as movie theatres and restaurants.
For More Information:
Visit My Web Site
View My Newsletter
Ask Me A Question
About Bonnie Fagoh:
I am a 40 year Florida resident of the Tampa Bay Area! My training in Real Estate has been extensive and on-going for the last 4 plus years, as I am very serious about my full time career. It is my goal to do the best job for my clients, putting their needs first. This has allowed me to reach Master's level the past 3 years, and be in the top 100 out of 4,000 agents. I tell you this
only to let you know I will put my expertise to work for YOU.
I currently live on the water in Ruskin with my husband and 3 children. I understand the importance of community and good schools to those raising a family.
Please do not hesitate to call on me if I can be of assistance in helping you find a new home. If you need to sell, I can help you get the HIGHEST price, in the shortest time, with the least amount of incovenience to you. I work at an office with a Sales FORCE of over 80 agents. There are well over 200 agents in our 5 offices that surround the Tampa bay area.
Please call me at (813) 390-7606 so that I can assist you with all your Real Estate needs.
Feb 08 UPDATE!!** Thanks again to everyone as I was again awarded at the TOP AGENTS retreat for 2007!! This is a measure of how dedicated to the real estate industry an agent is.... ask how was your production for 2007?
--------------------------------------------------------------------------------
Copyright © 2008 Realty Times. All Rights Reserved.
Bonnie Fagoh
E-mail: bonniefagoh@century21beggins.com
Web: http://www.TampaCoastalHomes.com
813-390-7606
Century 21 Beggins Enterprises
813-658-1344
6542 U. S. Hwy. 41 N.
Apollo Beach, FL 33572
Equal Housing Opportunity
Sunday, May 18, 2008
Your REALTOR:
Bonnie Fagoh
May 2008
Buyin' or Sellin'....Call Bonnie Helen! (Fagoh)
(813) 390-7606
Copyright © 2008 Realty Times
All Rights Reserved.
Real Estate Outlook: Encouraging News
Despite all the grim news about gas prices and recession, there are more than a few encouraging signs popping up in the national economy that aren't getting a lot of attention.
Take worker productivity in the U.S., for example. It jumped by 2.2 percent in the latest quarter -- and that was on top of a 1.8 percent gain the quarter before.
Why's that significant for housing and real estate? Because rising productivity generally points to lower inflation … and lower inflation fears help keep interest rates low. Just ask the Federal Reserve, which keeps an eagle eye on productivity.
And in fact we continue to see mortgage rates hovering near record lows. Thirty year fixed rate loans dropped again last week -- the second week in a row -- and went under the six percent mark to 5.9 percent, according to the Mortgage Bankers Association of America. Fifteen year rates slid to 5.5 percent.
Equally important, the number of consumers applying for mortgages to purchase homes took a healthy jump last week -- up 12.1 percent, according to the Mortgage Bankers. Applications for FHA mortgages -- the hottest product in the home purchase space right now -- were up by 13.2 percent.
The surge in loan applications is important because it points to potentially higher home sales in the months ahead. Lower home prices in major markets, plus the arrival of the long-awaited "jumbo" loans in high cost areas, are definitely pushing applications.
But despite these positive signs for the housing economy, there are some troubling developments as well. Last week's Senior Loan Officer Opinion Survey -- a poll of bankers across the country conducted by the Federal Reserve Board -- found that "tightened lending standards" are major impediments keeping home buyers on the sidelines.
Toughened underwriting restrictions that began a year ago with subprime loans have now "spilled over into the overall mortgage market including prime," according to the Fed survey. 62 percent of all banks reported imposing more restrictive loan standards during the first quarter of this year compared with last year.
What the Fed report documents, in effect, is that large numbers of home sales that might otherwise be occurring -- helping to pull us out of the real estate slump -- are being prevented by lenders' narrowing or closing of their mortgage windows.
Until they start loosening up, it will be tough to move to a full real estate recovery.
We'll keep monitoring that part of the lending market equation for you, and we'll let you know when we see some positive signs of change.
Written by Kenneth R. Harney
May 15, 2008
--------------------------------------------------------------------------------
Wondering What Your Home Is Worth? -- Let me show you.
--------------------------------------------------------------------------------
- Back -
Bonnie Fagoh
E-mail: bonniefagoh@century21beggins.com
Web: http://www.TampaCoastalHomes.com
813-390-7606
Century 21 Beggins Enterprises
813-658-1344
6542 U. S. Hwy. 41 N.
Apollo Beach, FL 33572
Equal Housing Opportunity
E-mail this Newsletter to a friend
Bonnie Fagoh
May 2008
Buyin' or Sellin'....Call Bonnie Helen! (Fagoh)
(813) 390-7606
Copyright © 2008 Realty Times
All Rights Reserved.
Real Estate Outlook: Encouraging News
Despite all the grim news about gas prices and recession, there are more than a few encouraging signs popping up in the national economy that aren't getting a lot of attention.
Take worker productivity in the U.S., for example. It jumped by 2.2 percent in the latest quarter -- and that was on top of a 1.8 percent gain the quarter before.
Why's that significant for housing and real estate? Because rising productivity generally points to lower inflation … and lower inflation fears help keep interest rates low. Just ask the Federal Reserve, which keeps an eagle eye on productivity.
And in fact we continue to see mortgage rates hovering near record lows. Thirty year fixed rate loans dropped again last week -- the second week in a row -- and went under the six percent mark to 5.9 percent, according to the Mortgage Bankers Association of America. Fifteen year rates slid to 5.5 percent.
Equally important, the number of consumers applying for mortgages to purchase homes took a healthy jump last week -- up 12.1 percent, according to the Mortgage Bankers. Applications for FHA mortgages -- the hottest product in the home purchase space right now -- were up by 13.2 percent.
The surge in loan applications is important because it points to potentially higher home sales in the months ahead. Lower home prices in major markets, plus the arrival of the long-awaited "jumbo" loans in high cost areas, are definitely pushing applications.
But despite these positive signs for the housing economy, there are some troubling developments as well. Last week's Senior Loan Officer Opinion Survey -- a poll of bankers across the country conducted by the Federal Reserve Board -- found that "tightened lending standards" are major impediments keeping home buyers on the sidelines.
Toughened underwriting restrictions that began a year ago with subprime loans have now "spilled over into the overall mortgage market including prime," according to the Fed survey. 62 percent of all banks reported imposing more restrictive loan standards during the first quarter of this year compared with last year.
What the Fed report documents, in effect, is that large numbers of home sales that might otherwise be occurring -- helping to pull us out of the real estate slump -- are being prevented by lenders' narrowing or closing of their mortgage windows.
Until they start loosening up, it will be tough to move to a full real estate recovery.
We'll keep monitoring that part of the lending market equation for you, and we'll let you know when we see some positive signs of change.
Written by Kenneth R. Harney
May 15, 2008
--------------------------------------------------------------------------------
Wondering What Your Home Is Worth? -- Let me show you.
--------------------------------------------------------------------------------
- Back -
Bonnie Fagoh
E-mail: bonniefagoh@century21beggins.com
Web: http://www.TampaCoastalHomes.com
813-390-7606
Century 21 Beggins Enterprises
813-658-1344
6542 U. S. Hwy. 41 N.
Apollo Beach, FL 33572
Equal Housing Opportunity
E-mail this Newsletter to a friend
Half Way thur May~~
Your REALTOR:
Bonnie Fagoh
May 2008
Buyin' or Sellin'....Call Bonnie Helen! (Fagoh)
(813) 390-7606
Copyright © 2008 Realty Times
All Rights Reserved.
Daily News And Advice
Updated 05/16 10:50 AM CDT
Today's Feature Stories
Investor Report: Second and Third Trusts
What's the single biggest headache for anyone trying to pull together a short sale right now? Columnist Ken Harney tells us. FULL STORY->
Hot Market: SE Michigan Surpasses the Psychological Pricing Barrier
All across the country, pending sales -- the number of contracts written in any given 30 day period -- are on the rise in cities and regions where prices have hit what we call the "psychological pricing barrier." FULL STORY->
Realty Viewpoint: Economic Stimulus Checks Can't Fix Our Values
As economic stimulus checks arrive, relieved households spend them on gas, food and bills. But the problem with the economy goes much deeper than that, beginning with white flight and suburban sprawl. FULL STORY->
Regional Report: Northeast
Our market experts in the Northeast region are reporting this week that their markets are seeing some real gains in this difficult housing climate. FULL STORY->
May Cybertips
You've seen the many stores that offer price protection policies. When the price drops on an item you've purchased, they'll refund you the difference. But here's the gotcha -- it's up to you to catch the price change. Here's a tip to change that. FULL STORY->
What To Take And What To Leave Behind When Downsizing
Here are some great tips on how to clean all that "stuff" you've stored away -- making for a clutter free life and an easier move. FULL STORY->
Headlines
Real Estate Outlook: Encouraging News
Despite all the grim news about gas prices and recession, there are more than a few encouraging signs popping up in the national economy that aren't getting a lot of attention. FULL STORY->
Interest Rate Update
Today's Interest Rates from Realty Times are based on a 30 year amortization rate, with good credit and no origination fees. With no major economic news today to report, mortgage rates are stable. FULL STORY->
Realty Viewpoint: Realty Times Asks, "Why Buy This House?"
With sites like Zillow and YouTube gaining in popularity, real estate agents are finding it harder to wow consumers with their listing presentations. Realty Times has just solved that problem. FULL STORY->
Market Conditions: Miami-Dade County, Florida
Market expert Shelia Ferguson says it's still a buyers market in Miami-Dade County. FULL STORY->
Regional Report: West
The Western Real Estate market continues to see its ups and downs this week, as reported by several of our local market experts. FULL STORY->
Watching for Mortgage Fraud
tba FULL STORY->
Could New Supreme Court Ruling Spell Trouble for Multi-State LLCs Holding Real Estate?
A recent Supreme Court ruling just increased state’s rights to tax income made in other states. Columnist Diane Kennedy explains. FULL STORY->
"Help Me Help My Agents!": Four Strategies to Answer This Manager's Plea
"Help me help my agents." Training experts across the nation are scrambling to answer this challenging plea as our markets continue to shift and normalize. FULL STORY->
Avoiding Home-Based Business Blunders
Tapping your home's potential as a business venue lets you cash in on the intrinsic value of a roof over your head without treating it like an ATM. FULL STORY->
HUD Plans Risk-Based Premiums For FHA Borrowers
HUD says it will raise insurance premiums for FHA mortgage borrowers -- but only those most likely to face foreclosure. Columnist Peter G. Miller explains. FULL STORY->
Realty Viewpoint: Despite Steep Price Slide, One-third Of Metros Up
New Homes: Homebuilders Doing What it Takes
Regional Report: South
Mortgage Moment: Home Equity Loans
Market Conditions: Southwest Portland
Must an Agent be Affiliated with Broker?
HOA Health Survey
Ferreting Out Home Defects
Ask Dr. Real Estate: Should I Resort to Niche Craft?
Getting The Best Home Price Data
Condo Trends: Gardening Up on the Roof
Market Conditions: Seattle Puget Sound
Why is California Seeing Such a Down Market?
Ontario's Greenbelt a World Leader, but Expansion is Controversial
The Lessons for 2008
Washington Report: Are "Jumbo" Loans Overpriced?
Wild, Wild West: Silicon Valley Price Fall Spreads
Realty Viewpoint: Real-time Housing Index Says Falling Prices Easing
Market Conditions: Kansas City Commercial Real Estate
Investing with Friends
CURRENT
MORTGAGE RATES
Interest Rate Watch
30 yr fixed: 6.01%
15 yr fixed: 5.60%
1 yr adj: 5.18%
(U.S. Daily Averages)
LIBRARY
Buyers Advice
Sellers Advice
Homeowners Advice
Advice for New Homes
Advice For Borrowers
Rental Advice
Homeowner Association News
NAR News
- Back -
Bonnie Fagoh
E-mail: bonniefagoh@century21beggins.com
Web: http://www.TampaCoastalHomes.com
813-390-7606
Century 21 Beggins Enterprises
813-658-1344
6542 U. S. Hwy. 41 N.
Apollo Beach, FL 33572
Equal Housing Opportunity
Bonnie Fagoh
May 2008
Buyin' or Sellin'....Call Bonnie Helen! (Fagoh)
(813) 390-7606
Copyright © 2008 Realty Times
All Rights Reserved.
Daily News And Advice
Updated 05/16 10:50 AM CDT
Today's Feature Stories
Investor Report: Second and Third Trusts
What's the single biggest headache for anyone trying to pull together a short sale right now? Columnist Ken Harney tells us. FULL STORY->
Hot Market: SE Michigan Surpasses the Psychological Pricing Barrier
All across the country, pending sales -- the number of contracts written in any given 30 day period -- are on the rise in cities and regions where prices have hit what we call the "psychological pricing barrier." FULL STORY->
Realty Viewpoint: Economic Stimulus Checks Can't Fix Our Values
As economic stimulus checks arrive, relieved households spend them on gas, food and bills. But the problem with the economy goes much deeper than that, beginning with white flight and suburban sprawl. FULL STORY->
Regional Report: Northeast
Our market experts in the Northeast region are reporting this week that their markets are seeing some real gains in this difficult housing climate. FULL STORY->
May Cybertips
You've seen the many stores that offer price protection policies. When the price drops on an item you've purchased, they'll refund you the difference. But here's the gotcha -- it's up to you to catch the price change. Here's a tip to change that. FULL STORY->
What To Take And What To Leave Behind When Downsizing
Here are some great tips on how to clean all that "stuff" you've stored away -- making for a clutter free life and an easier move. FULL STORY->
Headlines
Real Estate Outlook: Encouraging News
Despite all the grim news about gas prices and recession, there are more than a few encouraging signs popping up in the national economy that aren't getting a lot of attention. FULL STORY->
Interest Rate Update
Today's Interest Rates from Realty Times are based on a 30 year amortization rate, with good credit and no origination fees. With no major economic news today to report, mortgage rates are stable. FULL STORY->
Realty Viewpoint: Realty Times Asks, "Why Buy This House?"
With sites like Zillow and YouTube gaining in popularity, real estate agents are finding it harder to wow consumers with their listing presentations. Realty Times has just solved that problem. FULL STORY->
Market Conditions: Miami-Dade County, Florida
Market expert Shelia Ferguson says it's still a buyers market in Miami-Dade County. FULL STORY->
Regional Report: West
The Western Real Estate market continues to see its ups and downs this week, as reported by several of our local market experts. FULL STORY->
Watching for Mortgage Fraud
tba FULL STORY->
Could New Supreme Court Ruling Spell Trouble for Multi-State LLCs Holding Real Estate?
A recent Supreme Court ruling just increased state’s rights to tax income made in other states. Columnist Diane Kennedy explains. FULL STORY->
"Help Me Help My Agents!": Four Strategies to Answer This Manager's Plea
"Help me help my agents." Training experts across the nation are scrambling to answer this challenging plea as our markets continue to shift and normalize. FULL STORY->
Avoiding Home-Based Business Blunders
Tapping your home's potential as a business venue lets you cash in on the intrinsic value of a roof over your head without treating it like an ATM. FULL STORY->
HUD Plans Risk-Based Premiums For FHA Borrowers
HUD says it will raise insurance premiums for FHA mortgage borrowers -- but only those most likely to face foreclosure. Columnist Peter G. Miller explains. FULL STORY->
Realty Viewpoint: Despite Steep Price Slide, One-third Of Metros Up
New Homes: Homebuilders Doing What it Takes
Regional Report: South
Mortgage Moment: Home Equity Loans
Market Conditions: Southwest Portland
Must an Agent be Affiliated with Broker?
HOA Health Survey
Ferreting Out Home Defects
Ask Dr. Real Estate: Should I Resort to Niche Craft?
Getting The Best Home Price Data
Condo Trends: Gardening Up on the Roof
Market Conditions: Seattle Puget Sound
Why is California Seeing Such a Down Market?
Ontario's Greenbelt a World Leader, but Expansion is Controversial
The Lessons for 2008
Washington Report: Are "Jumbo" Loans Overpriced?
Wild, Wild West: Silicon Valley Price Fall Spreads
Realty Viewpoint: Real-time Housing Index Says Falling Prices Easing
Market Conditions: Kansas City Commercial Real Estate
Investing with Friends
CURRENT
MORTGAGE RATES
Interest Rate Watch
30 yr fixed: 6.01%
15 yr fixed: 5.60%
1 yr adj: 5.18%
(U.S. Daily Averages)
LIBRARY
Buyers Advice
Sellers Advice
Homeowners Advice
Advice for New Homes
Advice For Borrowers
Rental Advice
Homeowner Association News
NAR News
- Back -
Bonnie Fagoh
E-mail: bonniefagoh@century21beggins.com
Web: http://www.TampaCoastalHomes.com
813-390-7606
Century 21 Beggins Enterprises
813-658-1344
6542 U. S. Hwy. 41 N.
Apollo Beach, FL 33572
Equal Housing Opportunity
Friday, May 9, 2008
HAPPY MOTHERS DAY TAMPA BAY!!!!
Happy Mothers Day Tampa Bay!!!
Spring has been Great!!
Because of you I have been in the top of the
heap!! At our spring rally out of 4,000 agents
in the region I have been ranked #20 THANK YOU!!!!
There are some fantastic waterfront real estate
opportunities!!
As you heard back in March the titanic has started to
turn and the federal reserve has lowered again this should
be it for a while in fact there is talk of a slight bump.
Have a custom video guide sent to you in the comfort of your
living room****
It would be my pleasure to design a guide just for your family.
I have several video real estate and Tampa Homes in Google, Yahoo all
over the net.
You can find some video homes just search my name Bonnie Fagoh or
TampaCoastalRealEstate, or TampaFreeHomeGuide, or TampaBayHomesMiraBay,
Or TampaCoastalHomesBellaSol.
Call or Search For Bonnie Fagoh When Results Matter!!**
Spring has been Great!!
Because of you I have been in the top of the
heap!! At our spring rally out of 4,000 agents
in the region I have been ranked #20 THANK YOU!!!!
There are some fantastic waterfront real estate
opportunities!!
As you heard back in March the titanic has started to
turn and the federal reserve has lowered again this should
be it for a while in fact there is talk of a slight bump.
Have a custom video guide sent to you in the comfort of your
living room****
It would be my pleasure to design a guide just for your family.
I have several video real estate and Tampa Homes in Google, Yahoo all
over the net.
You can find some video homes just search my name Bonnie Fagoh or
TampaCoastalRealEstate, or TampaFreeHomeGuide, or TampaBayHomesMiraBay,
Or TampaCoastalHomesBellaSol.
Call or Search For Bonnie Fagoh When Results Matter!!**
Subscribe to:
Posts (Atom)