short sales

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Fannie Mae New Requirements for Short Sales in the MLS Having an offer on a short sale listing accepted immediately after it is listed is no longer an option if it is a property that would require approval by Fannie Mae according to recently announced requirements for Fannie Mae short sales listed in a multiple listing service (MLS). Starting August 1st, each new short sale […]
Fannie Mae New Requirements for Short Sales in the MLS Having an offer on a short sale listing accepted immediately after it is listed is no longer an option if it is a property that would require approval by Fannie Mae according to recently announced requirements for Fannie Mae short sales listed in a multiple listing service (MLS). Starting August 1st, each new short sale […]
Bank Owned “So, how’s the market in the Keys?” Ask any Realtor in the Keys and they will tell you that this is the question they are asked the most, particularly in relation to distressed properties on the market. The answer is: Not bad at all. Many areas in South Florida have been hit pretty hard by short sales and foreclosures. While the market […]
Bank Owned “So, how’s the market in the Keys?” Ask any Realtor in the Keys and they will tell you that this is the question they are asked the most, particularly in relation to distressed properties on the market. The answer is: Not bad at all. Many areas in South Florida have been hit pretty hard by short sales and foreclosures. While the market […]
closed sales Florida Keys Market Update – January 23rd to the 29th, 2012. New listings, pending sales and closed transactions It’s hard to believe that January is already behind us!  The real estate market is holding steady, with 93 new listings, 72 pending listings and 33 closed sales in the past week!  It is definitely “season” here in the Keys. Key West Classic – offered at $750,000 New listings include a quintessential Key West Conch […]
closed sales Florida Keys Market Update – January 23rd to the 29th, 2012. New listings, pending sales and closed transactions It’s hard to believe that January is already behind us!  The real estate market is holding steady, with 93 new listings, 72 pending listings and 33 closed sales in the past week!  It is definitely “season” here in the Keys. Key West Classic – offered at $750,000 New listings include a quintessential Key West Conch […]
closed sales Florida Keys Real Estate Market – September 5th to September 11th, 2011 This is the time of year in the Florida Keys when things start to slow down. Restaurants usually close or limit their hours, many businesses temporarily close so the owners can go on vacation, and the real estate market begins to slow down. This year has been no exception.  There were fewer pending contracts and […]
closed sales Florida Keys Real Estate Market – September 5th to September 11th, 2011 This is the time of year in the Florida Keys when things start to slow down. Restaurants usually close or limit their hours, many businesses temporarily close so the owners can go on vacation, and the real estate market begins to slow down. This year has been no exception.  There were fewer pending contracts and […]
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closed sales Market Activity for the week of August 1st to August 7th, 2011 – Key Largo, Tavernier, and Islamorada The first week of August has provided us with some much needed relief in the form of rain, with many showers helping ease our dry conditions.  Despite the rainy weather, the real estate market continued to do well, with an increase in new listings coming on the market. Perhaps sellers are trying to get an […]
closed sales Market Activity for the week of August 1st to August 7th, 2011 – Key Largo, Tavernier, and Islamorada The first week of August has provided us with some much needed relief in the form of rain, with many showers helping ease our dry conditions.  Despite the rainy weather, the real estate market continued to do well, with an increase in new listings coming on the market. Perhaps sellers are trying to get an […]
Florida Keys From The Free Press – Fewer foreclosures not all that great BY ROBERT SILK  Free Press Staffrsilk@keysnews.com   MONROE COUNTY — Echoing national trends, the Florida Keys saw a large drop in foreclosure filings during the first quarter of the year. But analysts don’t believe the shift is a sign of an improving housing market. Rather, the nationwide drop is largely the result of foreclosure delays […]
Florida Keys From The Free Press – Fewer foreclosures not all that great BY ROBERT SILK  Free Press Staffrsilk@keysnews.com   MONROE COUNTY — Echoing national trends, the Florida Keys saw a large drop in foreclosure filings during the first quarter of the year. But analysts don’t believe the shift is a sign of an improving housing market. Rather, the nationwide drop is largely the result of foreclosure delays […]
appraisals Short sales and foreclosures – true comps or not? There are very few – if any – markets that have not been affected by a flood of short sales and/or foreclosed properties on the market. Often, these homes sell well below what other similar surrounding homes sell for.  In most markets these distressed homes can make up as much as 30 to 40 percent […]
appraisals Short sales and foreclosures – true comps or not? There are very few – if any – markets that have not been affected by a flood of short sales and/or foreclosed properties on the market. Often, these homes sell well below what other similar surrounding homes sell for.  In most markets these distressed homes can make up as much as 30 to 40 percent […]
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