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  • New changes with regards to appraisals

    New changes with regards to appraisals will alleviate problems with banks sabotaging appraisals and lowering the value of the property below the purchase price.  In some cases Buyers trying to obtain financing are told their banks are not using the value the appraiser came up with.  Lenders now often double-check an ...
    Posted to Joanne McKeage (Weblog) by 52536 on July 17, 2010
  • Florida is one of America's Top States for Business

    Florida is one of America's Top States for Business in CNBC's fourth annual ranking, a study of all 50 states that examines 10 different categories, including workforce, to measure each state's ability to attract businesses.  Under 'Workforce," Florida moved up from 2009's number three spot. "The Sunshine State ...
    Posted to Joanne McKeage (Weblog) by 52536 on July 17, 2010
  • Homes lost to foreclosure on track for 1 million in 2010

    Los Angeles (AP) - July 15, 2020 - More than 1 million American households are likely to lose their homes to foreclosure this year, as lenders work their way through a huge backlog of borrowers who have fallen behind on their loans. Nearly 528,000 homes were taken over by lenders in the first six months of the year, a rate that is on track to ...
    Posted to Joanne McKeage (Weblog) by 52536 on July 16, 2010
  • FED Economy Growth Prediction, July 2010

    WASHINGTON - 7/15/10 - Federal Reserve Officials now predict the economy will grow between 3 percent and 3.5 percent this year.  That's down from forecast of 3.2 percent to 3.7 percent made in April.
    Posted to Joanne McKeage (Weblog) by 52536 on July 16, 2010
  • What makes one home's value plummet when a similar home in a similar neighborhood remains stable?

    What makes one home's value plummet when a similar home in a similar neighborhood remains stable?  That is the million dollar question in real estate.  Data show that home values can vary depending on the neighborhood, the age of the home, location/lot desirability and the economic stability of neighbors. No neighborhood is immune to ...
    Posted to Joanne McKeage (Weblog) by 52536 on October 20, 2009