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Uncategorized NAR Index: Market Shows Signs of Stabilizing A forward-looking indicator based on pending home sales shows the housing market could edge down but appears to be in the process of leveling off, according to the NATIONAL ASSOCIATION OF REALTORS®. The Pending Home Sales Index, based on contracts signed in April, stood at 101.4, down 3.2 percent from an upwardly revised March reading […]
Uncategorized NAR Index: Market Shows Signs of Stabilizing A forward-looking indicator based on pending home sales shows the housing market could edge down but appears to be in the process of leveling off, according to the NATIONAL ASSOCIATION OF REALTORS®. The Pending Home Sales Index, based on contracts signed in April, stood at 101.4, down 3.2 percent from an upwardly revised March reading […]
Uncategorized Tighter Lending Rules Keep Some Buyers Out Mortgage lenders are tightening standards in ways that can make it much more difficult for potential borrowers to get approval for loans. The new standards fall into the following areas, according to Wells Fargo & Co. and other large lenders: Ability to repay. Buyers are no longer being qualified at the low initial rate. They […]
Uncategorized THE BEST OF THE BEST IN SALES Wondering what the highest residential sales of 2006 were? From multi-acre bayfront estates to oceanfront getaways, there was something for everyone. Here are the top ten highest priced closed sales that took place in the Upper Keys in 2006, as found in the Florida Keys Multiple listing service. Click here to view the properties
Uncategorized THE BEST OF THE BEST IN SALES Wondering what the highest residential sales of 2006 were? From multi-acre bayfront estates to oceanfront getaways, there was something for everyone. Here are the top ten highest priced closed sales that took place in the Upper Keys in 2006, as found in the Florida Keys Multiple listing service. Click here to view the properties
Uncategorized THE BEST OF THE BEST IN LISTINGS Looking to start 2007 living in the lap of luxury? Here are the ten most expensive residential properties currently on the market in the upper Florida Keys. From beachside estates to multiple family compounds, you’re sure to find something you’ll like here. Be sure to bring the sunscreen, as all of these homes are located […]
Uncategorized THE BEST OF THE BEST IN LISTINGS Looking to start 2007 living in the lap of luxury? Here are the ten most expensive residential properties currently on the market in the upper Florida Keys. From beachside estates to multiple family compounds, you’re sure to find something you’ll like here. Be sure to bring the sunscreen, as all of these homes are located […]
Uncategorized HURRICANE MONUMENT UPGRADE PLANNED FOR SUMMER BY ROBERT SILK Free Press Staff – www.keysnews.com ISLAMORADA — Plans are in the works to spruce up Islamorada’s only fixture on the National Register of Historic Places. And with any luck, work on the grounds surrounding the 1935 Florida Keys Hurricane Memorial could begin by this summer, said Zully Hemeyer, the village’s public works […]
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Uncategorized HURRICANE MONUMENT UPGRADE PLANNED FOR SUMMER BY ROBERT SILK Free Press Staff – www.keysnews.com ISLAMORADA — Plans are in the works to spruce up Islamorada’s only fixture on the National Register of Historic Places. And with any luck, work on the grounds surrounding the 1935 Florida Keys Hurricane Memorial could begin by this summer, said Zully Hemeyer, the village’s public works […]
banking LOAN FRAUD ALERT JON GOODMAN Esq.Frascona, Joiner, Goodman & Greenstein, P.C. Loan fraud comes in many forms, but one of the most common—valuation loan fraud—occurs when any party to the transaction, including the real estate practitioner, misrepresents information about the transaction to the mortgage lender. In general, lenders make mortgage loans based upon the creditworthiness of the borrower […]
banking LOAN FRAUD ALERT JON GOODMAN Esq.Frascona, Joiner, Goodman & Greenstein, P.C. Loan fraud comes in many forms, but one of the most common—valuation loan fraud—occurs when any party to the transaction, including the real estate practitioner, misrepresents information about the transaction to the mortgage lender. In general, lenders make mortgage loans based upon the creditworthiness of the borrower […]
assistance MONROE ADDED TO STORM PROGRAM BY ANN HENSON Free Press Staff, The Free Press Newspaper The state has added Monroe County to its My Safe Florida Home program, which provides free home hurricane inspections and financial assistance for eligible projects. The program initially did not have enough trained inspectors to include the Florida Keys, but now has a corps of […]
assistance MONROE ADDED TO STORM PROGRAM BY ANN HENSON Free Press Staff, The Free Press Newspaper The state has added Monroe County to its My Safe Florida Home program, which provides free home hurricane inspections and financial assistance for eligible projects. The program initially did not have enough trained inspectors to include the Florida Keys, but now has a corps of […]
Uncategorized WIND INSURERS FEEL BLAST By Ann Henson Free Press Staff – The Free Press Newspaper The Southernmost City did not show any Southern hospitality to wind insurance officials Monday night during a state-mandated public hearing on customer service. About 50 Florida Keys residents came prepared to vent their frustration not only about Citizens Property Insurance Corp.’s customer service, but […]
Uncategorized CHANGES IN THE MARKET More listings. Fewer sales. Overall, this is the trend of the real estate market in the upper Florida Keys compared to where we were this time last year. The chart in this article compares the first three quarters of 2005 to the first three quarters of 2006. We have broken it down into single family […]
Uncategorized CHANGES IN THE MARKET More listings. Fewer sales. Overall, this is the trend of the real estate market in the upper Florida Keys compared to where we were this time last year. The chart in this article compares the first three quarters of 2005 to the first three quarters of 2006. We have broken it down into single family […]
fema STATUS OF KEY DEER CASE By Jim Lupino, Esq. and Russell Yagel, Esq. In a sentence, the case is status quo. Not any different than 10 months ago and not any better. As you will recall, Federal Court Judge Michael Moore entered orders in 2005 which resulted in approximately 40,000 properties in Monroe County being restricted from National Flood Insurance […]
fema STATUS OF KEY DEER CASE By Jim Lupino, Esq. and Russell Yagel, Esq. In a sentence, the case is status quo. Not any different than 10 months ago and not any better. As you will recall, Federal Court Judge Michael Moore entered orders in 2005 which resulted in approximately 40,000 properties in Monroe County being restricted from National Flood Insurance […]
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