Posts tagged as:
by Rodney Forbes on April 14, 2009
Embedded video from CNN Video This video is a great example of what bargains are out there for home buyers, especially first time home buyers. Foreclosures and short sales make up the majority of pending home sales in the Palm Beach Gardens and the Palm Beach County area. I bought my first home in the [...]
{ 1 comment }
by Rodney Forbes on April 14, 2009
First time home buyers Katherine and Haas weren’t sure if they could qualify for their first home. They certainly weren’t ready to get an almost new home for 50% of what it sold for 3 years ago. The 4 bedroom 3 bath bank owned property in Port St. Lucie sold in 2006 for $292,000. Katherine [...]
{ 3 comments }
by Rodney Forbes on April 14, 2009
Rodney Forbes with Forbes Realty of South Florida discusses the real estate market conditions in Palm Beach Gardens Florida for the week of April 6, 2009. Of the pending sales, over 50% are short sales and bank owned properties. Buyers are responding to low interest rates, prices that are below 2004 levels and government stimulus [...]
{ 0 comments }
by Rodney Forbes on April 11, 2009
Rodney Forbes with Forbes Realty of South Florida discusses the real estate market conditions in West Palm Beach Florida for the week of April 6, 2009. Of the pending sales, 60% are short sales and bank owned properties. Buyers are responding to low interest rates, prices that are below 2004 levels and government stimulus efforts [...]
{ 0 comments }
by Rodney Forbes on April 11, 2009
The following excerpt is courtesy of Inman News Wells Fargo & Co. reported “exceptionally strong mortgage banking results” Thursday, saying it originated more more than 450,000 loans totalling upward of $100 billion during the first quarter. The strength in mortgage lending helped Wells Fargo boost projected net income for the quarter to a record $3 [...]
{ 0 comments }
by Rodney Forbes on April 5, 2009
Article by Rodney Forbes So you’ve been reading the news about housing recovery, government tax credits and record low interest rates. Or maybe you’ve gone to a real estate seminar or taken a course on buying foreclosures and bank REO’s. Buying a bank owned property can be a great way to buy a home well [...]
{ 1 comment }
by Rodney Forbes on April 5, 2009
The government is continuing to push the recovery through real estate. The impact of low interest rates, first time home buyer tax credits and affordable prices, more people are making the move to buy. Any recovery in the economy will be started by a positive move in the real estate markets. Rates on prime mortgages [...]
{ 0 comments }
by Rodney Forbes on April 2, 2009
Up..Down. Buy..Sell. Good news..Bad news. Who can tell when is the right time to jump back in to the real estate market. First time home buyer, investor, retirees, foreign investors all have been waiting on the sidelines to get the “official” green light to move ahead. But that never comes. Down the road you’re only left with the quote over dinner “If I had only bought back in ______. (fill in the blank)
The best advice is to look at the numbers and indicators, read as much as you can and don’t listen to the doom and gloom news. That only sells papers. Come to your own conclusions because the numbers don’t lie.
{ 0 comments }
by Rodney Forbes on April 1, 2009
Outspoke and sometimes controversial stock picking guru Jim Cramer compares the real estate market in Florida to the stock market and says the time is right to buy real estate in Florida. He forecasts Florida may lead the country in the real estate rebound. As a buyer specialist, especially in distressed property, I’ve been making [...]
{ 0 comments }
by Rodney Forbes on April 1, 2009
Sales of previously owned U.S. homes rose at their fastest pace in nearly six years in February, data showed on Monday, offering some hope to an economy battling a 15-month recession. The current news confirms what I’ve been telling people for the last several months. According to the data in the Florida market, sales of [...]
{ 0 comments }
Get smart with the Thesis WordPress Theme from DIYthemes.
