Even as the economic conditions appear to be stabilizing,the rate of borrowers defaulting on their mortgages goes unchanged. These unprecedented times have resulted in a diverse group of people working together to devise solutions. One of the main obstacles to dealing with homeowners facing foreclosure has been a lack of standard process and [...]
Posts under ‘Real Estate’
Local Housing Market – A view to the future
I thought I’d share some of my opinions about the future direction of real estate in our area and some of the influences that will have an effect on that direction. As everyone knows there have been recent declines in property values. In many locations the finished product, an existing house, can sell [...]
Short Sales – a growing trend in Real Estate
Real Estate Trends – The Short Sale
The Short Sale is a relatively new phenomenon that we have dealing with over the past two years, The Short Sale t is occurring as borrowers find themselves owing more than their property is worth in today’s market and for many different reasons are attempting [...]
Foreclosure; my view of the solution
In order to resolve the foreclosure crisis in this country, we need to spend less time addressing the symptoms and more time understanding and addressing the root causes. The primary symptom that is being addressed is the amount of non-performing assets on the books of banks and investors: you know, the so-called toxic [...]
Will Florida continue to grow or have things really changed?
Florida’s growth rate has been phenomenal for decades and projections for continued growth have not yet been revised sharply downward. In recent years the rate of growth may have slowed but experts whose job it is to monitor population trends say that the net population of Florida is still on the increase. [...]
Will people shop for “green” communities?
With run-a-way energy costs, will there be a new paradigm in how cities and communities are designed? Will we see more of a shift to town center design? I’ve read a bit about “Traditional Neighborhood Design” and “New Urbanism”, these terms referring to a holistic approach to designing cities and communities. Co-locating where you work [...]