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Orlando Real Estate Report | January 2010
27 February 10 04:19 PM | Lee Rosa | (Comments Off)   
Orlando's overall median price drops as bank-owned and short sales continue to dominate closing ORLANDO -- An ORRA record: 73.42% of closings are either bank-owned or short sales 26.58 % worth of normal sales to buoy the area's overall median Read More...
Orlando Market Pulse | from OBJ.
27 February 10 03:49 PM | Lee Rosa | (Comments Off)   
The Orlando market continued to see the number of home sales jump while values declined in January, said a report by the Florida Realtors . Florida Realtors sold 1,745 existing single-family homes last month, up nearly 55 percent from 1,127 sold in January Read More...
Interest Rates Due to RISE.
01 February 10 02:42 PM | Lee Rosa | (Comments Off)   
There was major economic news on many fronts this week, with mixed results for mortgage markets. The Fed statement essentially followed the expected script, demand was strong for the Treasury auctions, and much of the economic data released during the Read More...
What is an ABR Specialist? | Accredited Buyer Representative
03 December 09 04:09 PM | Lee Rosa | (Comments Off)   
Why Choose a Realtor® With an ABR designation? An Accredited Buyer Representative (ABR) represents the buyer who is purchasing property in a real estate transaction. Research by the National Association of REALTORS has shown that when a buyer's Read More...
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Condo Prices Drop | Buyer's Cue to Buy
30 November 09 03:25 PM | Lee Rosa | (Comments Off)   
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Own or Buying a House Built | 2003-2008?
13 November 09 01:34 PM | Lee Rosa | (Comments Off)   
At the beginning of the presentation @ ORRA, I was given this disclosure, so I will pass that along with this BLOG POST: Everything I tell you will be true, accurate, and correct … but may be wrong. Years of Effected Home(s): 2003-2008. Chinese Read More...
$8,000 Tax Credit Information | (10.27.09)
27 October 09 03:09 PM | Lee Rosa | (Comments Off)   
US Senate to vote for extension of 8K Tax Credit The United States Senate is expected to vote, later today, on a bill to extend Unemployment Insurance benefits. This bill will contain the Dodd - Lieberman - Isakson Amendment to Extend and Expand the $8,000 Read More...
HomeSteps SmartBuy Program | Foreclosure Homes in Orlando
14 October 09 05:24 PM | Lee Rosa | (Comments Off)   
Have you ever heard of the HomeSteps SmartBuy program? Well it is an incentive designed to help sell Real Estate Owned (REO) homes, or houses taken over by banks or other lenders after foreclosure, will expire soon. Freddie Mac in July launched this magnificent Read More...
How to Nail Down $8,000 Tax Credit on New Home
28 September 09 08:43 AM | Lee Rosa | (Comments Off)   
This article was copied from SmartMoney.com Most house hunters spend months juggling numbers like mortgage rates, list prices and broker fees. Here’s another figure they should keep in mind: 68. That’s the number of days left to snag the $8,000 Read More...
A Buyers and Sellers Guide to Multiple Offers by NAR
14 August 09 08:39 PM | Lee Rosa | (Comments Off)   
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Florida Homebuyer Opportunity Program | Free $8,000
08 July 09 11:26 AM | Lee Rosa | (Comments Off)   
The Florida Homebuyer Opportunity Program (FL HOP) was created during the 2009 regular legislative session it will provide $30 million in financial assistance to first time homebuyers eligible to receive the federal first time homebuyer tax credit established Read More...
Interest Rates | July 6th 2009
07 July 09 07:55 AM | Lee Rosa | (Comments Off)   
Freddie Mac Average Rates: As of: July 2 nd 30 yr Fixed 15 yr Fixed 5/1 ARM 1 yr ARM Average Rate: 5.32% 4.77% 4.88% 4.94% Average Points: 0.7 0.7 0.7 0.6 Previous Week's Rates Average Rate: 5.42% 4.87% 4.99% 4.93% Average Points: 0.7 0.7 0.7 0.7 Read More...
What Happens to my Taxes?
26 June 09 01:12 PM | Lee Rosa | (Comments Off)   
As home prices implode, tax assessors must revalue properties down, taxes (should) follow, next. As a general rule: City and County assessors reappraise property values annually or biannually. They use recent sales of comparable homes in the neighborhood Read More...
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Interest Rates Are Climbing Rapidly in Central Florida
16 June 09 09:56 AM | Lee Rosa | (Comments Off)   
Freddie Mac Average Rates: As of: June 11 th 30 yr Fixed 15 yr Fixed 5/1 ARM 1 yr ARM Average Rate: 5.59% 5.06% 5.17% 5.04% Average Points: 0.7 0.7 0.6 0.7 Previous Week's Rates Average Rate: 5.29% 4.79% 4.85% 4.81% Average Points: 0.7 0.7 0.6 0.6 Read More...
Central Florida Homebuyer's Information
19 May 09 10:20 AM | Lee Rosa | (Comments Off)   
As of: May 14 th 30 yr Fixed 15 yr Fixed 5/1 ARM 1 yr ARM Average Rate: 4.86% 4.52% 4.82% 4.71% Average Points: 0.6 0.6 0.6 0.6 Previous Week's Rates Average Rate: 4.84% 4.51% 4.90% 4.78% Average Points: 0.7 0.7 0.6 0.6 Has there been a better time Read More...
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