The National Association of Realtors reported some welcome statistics in an industry report released on Monday, March 23rd. According to NAR, sales of existing homes unexpectedly rose in February, recovering from a sharp drop in the previous month. This brings us to a seasonally adjusted annual rate of 4.72 million units, up 5.1% from a…Read More »
While Pinellas County athletes are busy training for the 6th annual Dunedin Triathalon, some of us prefer to eat chocolate cake and hang with kids on Honeymoon Island for a 6th Birthday party (our son’s!). Next door, there was a wedding taking place, with over 100 guests dressed to the nines. And yes, all of…Read More »
The details of Obama’s $275 Billion foreclosure prevention plan, the Homeowner Affordability and Stability Act, are trickling out of Washington. Timothy Geithner, Obama’s point man, announced last week that the plan will enable “4 to 5 million responsible homeowners to refinance”. This lender bailout plan presents some nice “feel-good” rhetoric, but will do nothing to…Read More »
HOT OFF THE PRESSES: If you’re considering purchasing Dunedin real estate, and have just a little cash for your down payment, note that the FHA loan limits for Pinellas, Hillsborough and Pasco counties just increased back to their early 2008 levels of $292,500. This news is so fresh the FHA hasn’t even updated its website,…Read More »