Thursday, June 17, 2010

Tampa Fl. Apollo Beach Home Market Report

Tampa Fl- Apollo Beach Housing Market Report, Apollo Beach Real estate & housing markets have forever changed. Is your professional a specialist like a Cardiologist or a general practitioner? Why does it Matter ?? Your $$

With the time past for home purchase tax credits ending on June 30, This video has an excellent overview for you to gain insights about this law and home buying and selling facts for you to bookmark and save for future research.. Studies have shown that no matter the structure of the marketing that is now made for search engine results by using keywords as: ‘cheap’, " buy foreclosure homes", "foreclosure discount" or even "bank owned and bank owned reo".. Nothing replaces a professional negotiator looking out for your best interests.

Did you know that professional "real estate" "Investors" and short sale flippers are using what is termed as "Bandit" signs that are plain signs made to look like they are made with a majic marker stating "foreclosure home must sell"??? These companies make offers on hundreds of properties a month and have honed their skills…Most consumers trying to find and purchase their one retirement home or dream home/first home for their families have a distinct disadvantage from these businesses and their law teams.

No the real indicator is how did the professional you are dealing with do in this most difficult time in history?? How was this professionals 2007, 2008 and especially 2009 results??

There is a new market that has enveloped the world markets and turned it on its ear..just ask the newspaper companies.. the television companies and the magazine companies really ANY Major Media company.. You have to have a pro working for your interests My Name is Bonnie Fagoh and I am applying for the job to represent your interests!

Saturday, June 5, 2010

New Home Builders pricing with Foreclosed Homes!!

By Jim Cramer

Forget the crummy quarter that KB Home just reported. Forget that they still have plenty of liquidity, so, unfortunately for the housing market, they can still pump out new homes just when we want them to cut back.

The real takeaway of the conference call was the housing bottom that they saw in Southern California. It's huge. They said sales are up by hundreds of percent -- that's the term they used -- because the affordability is the best in 20 years, and rates are the best in 47 years.

Two years ago, KBH's Southern California (KBH- commentary- Cramers Take) home business hit a retaining wall going 200 miles an hour. It has seen nothing but price cuts and foreclosures and cancellations in its projects ever since ... UNTIL THIS QUARTER.

In this quarter, they saw month-to-month-to-month stronger sales, as housing prices are down as much as 45% in some of their sales areas (you can see all of them by going to their Web site).

I think the case can be made that it is time to buy there. You don't get a sense from the call that any other place in their network has bottomed. In fact, they almost all have further to go down.

But not Southern California, where they are selling out, particularly of the $200,000 homes. Oh, and they made very clear that there is ample FHA money available to buy there.

It's just a remarkably positive housing story within the house of gloom, and a perfect harbinger of what will happen later this year with price declines in the rest of the country.

Get this: KB Home is actually running out of inventory and selling new homes at the same price as foreclosed homes. Hence the fabulous affordability.

No wonder the stock is up!

At the time of publication, Cramer had no positions in the stocks mentioned.

Summer Buys

Plenty of Reasons to Buy a Home Even After the Tax Credit

Even though the home buyer tax credit expired on April 30 and won't be renewed, there may never be a better time to buy a home than today, according to the National Association of Home Builders (NAHB). Many outstanding opportunities still exist for home buyers, but they may not be around forever.

"The home buyer tax credit was just one of many factors motivating Americans to buy homes," said NAHB Chairman Bob Jones, a builder and developer in Bloomfield Hills, Mich. "But buyers can still take advantage of today's low interest rates and competitive prices to get a home they may not have been able to purchase just a few years ago."

Besides mortgage interest rates that have been hovering at near-record lows, homes in many markets have become more affordable. Prices have moderated from the highs of the housing boom that occurred in most of the country, especially in major markets where they had increased significantly.

Today's new homes are also built to be much more energy efficient than homes constructed a generation ago, making them more affordable to operate. New homes are designed to support modern lifestyles with open floorplans, flexible spaces, improved safety features, and low-maintenance materials.

Consumers who are thinking about buying a home should not count on interest rates or prices staying at current levels, however. Mortgage rates are sensitive to market conditions, and even a slight increase can push monthly payments beyond a family's budget. As the country recovers from the recession and people stabilize their financial situations, NAHB economists expect that home prices will begin to increase by 2011.

NAHB's home buyer brochure "Opportunity Knocks for Home Buyers" describes many of the opportunities in today's market, as well as the long-term financial benefits of homeownership. It provides examples of how interest rates affect monthly mortgage payments and the typical federal tax savings over the first five years of homeownership. The brochure can be downloaded from NAHB's web site at:

The home buyer tax credit is still available for eligible home buyers who had a signed sales contract by the April 30 deadline and who close by June 30, 2010, as well as for qualified members of the military, foreign service and intelligence communities, who have until April 30, 2011, to sign a contract.

Written by Realty Times Staff

It is the Best time in History to buy waterfront properties in Florida -- Let me show you.