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 Market Indicators Minimize

MARCH 2010

Florida existing home sales
24%
Florida existing condo sales
81%
Florida existing home median price
$130,900
Florida existing condo median price
$97,300
National existing home median price
$164,700
Florida consumer confidence
72
National (Freddie Mac) mortgage rate
(all housing type)
4.95%

    

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LOW INCOME HOUSING
Market News By Allyson Chambers on 3/16/2010 6:44 AM
Low-income housing programs managed by the Federal Home Loan Bank of Atlanta have had a positive impact on the area’s low- and moderate-income residents by creating more jobs and jump-starting the retail economy, according to a study released Thursday.

Research from The Shimberg Center for Housing Studies at the University of Florida tried to quantify the ripple effect of the $380 million that the bank has provided to build more than 60,000 units of housing between 1990 and 2009.

The study found:

• Every $1 million in funding resulted in $14.3 million worth of new or rehabbed housing.

• Each $1 million in funding created 158 jobs.

• Since 1989, funding from the bank has generated more than $811 million in tax revenue, representing $2.79 in taxes for each $1 of funding.

One in 20 Americans say they will purchase a home in 2010
Market News By Allyson Chambers on 11/12/2009 7:45 AM
One in 20 Americans say they will purchase a home in 2010. This is great news for teh South and the West
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Summers Over We Welcome Season
Market News By Allyson Chambers on 8/18/2009 5:43 AM
Homes are more affordable today than they were 10 years ago so why are we seeing the sales pick up?
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June Market Indicators
Market News By Allyson Chambers on 6/24/2009 12:22 PM
This is my opinion as to where the market is going... down down down. Now is the time to buy.
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MARCH MARKET NEWS
Market News By Allyson Chambers on 3/25/2009 6:30 AM
TIME FOR CHANGE????Are we all seeing the same things? This is my question. As a licensed real estate broker in South Florida we are seeing properties sell and if you were to watch the news all you hear is doom and gloom. According to the most recent report for the housing market indicators we are up 15% in condo sales from last year this time and up 20% in home sales. Why aren't we hearing this on the news?
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Market News February 2009
Market News By Allyson Chambers on 2/9/2009 7:14 AM
Home buyer tax credit
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August 2008 Amendment 5 Property Tax reform
Market News By Allyson Chambers on 8/5/2008 6:56 AM

Crist announces support for Amendment 5 property tax reform

TALLAHASSEE, Fla. – Aug. 5, 2008 – The property tax reform amendment advocated by FAR has a new backer – Florida Gov. Charlie Crist. Concerned about the Florida economy, Crist offered his first full endorsement yesterday, and says he will stump for passage.

“If this Amendment 5 were to pass in November, which I hope it does, people will look at that as a lot more than a tweak,” Crist says. “I think it could be a significant stimulant for Florida’s economy.”

Crist’s position puts him firmly on the side of Florida’s Realtors but at odds with a number of other groups, including schoolteachers, business groups and some fellow Republicans. But even opponents admit that Crist carries significant weight in Florida, and say that his support will go a long way to pass the Amendment 5 at the polls in November.

“I think the governo ...

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July 2008 Market News
Market News By Allyson Chambers on 7/2/2008 6:01 AM
A recession-proof home sale

ORLANDO, Fla. – July 1, 2008 – It’s a buyer’s market, but sellers can increase the chance of a sale in today’s climate by working with a Realtor and considering these eight things.

1. Don’t count on open houses to sell your home. According to the California Association of Realtors, less than 5 percent of buyers find their home at an open house. An open house should never be the center of a prospective real estate agent’s marketing plan.

2. Target your marketing. Know what buyers in your area look for and emphasize your home’s appeal accordingly. This includes everything from the description (whether you highlight transportation and parks, or restaurants and nightlife) and how you stage the home (whether the third bedroom becomes an office), to where you advertise the listing (a newspaper in addition to online).

3. Tour similar homes in the area to better unders ...
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June 2008 The Time to Buy is NOW
Market News By Allyson Chambers on 6/4/2008 6:57 AM
How many of you are waiting for the bottom to hit?
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APRIL MARKET NEWS CONSUMER CONFIDENCE UP
Market News By Allyson Chambers on 4/20/2008 2:02 PM
Most Americans think it’s a good time to buy a home
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