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Just when you thought you understood the FHA condo financing guidelines, HUD steps in and changes things all over again. And, there’s both good news and bad news for buyers, sellers, investors and developers alike in the latest revisions. The new rules...
For the first time in 2009, new foreclosure filings fell in the third quarter for Lee and Collier counties in Southwest Florida. In fact, in September new foreclosure filings reached their lowest level of the year.
For Lee County, there were 13,206 new...
After a unbelievable first eight months of the year, real estate sales in Southwest Florida were again strong in September. In fact, home sales for the year are up 120% in the Cape Coral-Ft. Myers and up 30% for Bonita Springs-Naples. September marked...
After months of wrangling by Congress and the White House, the $8,000.00 First-Time Home Buyer Tax Credit has finally been given the go ahead for extention. And just to make things interesting, our esteemed leaders in Washington added a twist; all...
Both the Senate and House voted yesterday to extend the current higher loan limits for Fannie Mae, Freddie Mac and FHA loans through December, 2010. The resolution was attached to a continuing resolution that passed late in the day and prevented the...