Zillow’s website states that as of February, its estimates were within 5 percent of the actual sales price of a South Florida home just 27 percent of the time. Zillow’s index considers the value of all homes, not just those that sold during the measurement period, and South Florida Realtors are often skeptical of the company’s South Florida data. About 49 percent of the time the estimates were within 10 percent of the price.
Archive for the ‘housing’ Tag
South Florida Housing Prices Have Hit Bottom, Zillow Analysts Declare – Palm Beach Post
posted
Apr 25, 2012 by REI News
Housing Downturn Spurs A Boom In Foreclosure-to-rental Conversions – Washington Post
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Apr 25, 2012 by REI News
If this speech was all you knew of Mitt Romney — if it was your one guide to his presidential campaign — you’d sum his message up as, “vote for me: I think America is great.”. On Tuesday, Mitt Romney gave a speech billed as his big general-election pitch. But it didn’t contain an ounce of actual policy. It was a perfectly serviceable piece of work: competently written and competently delivered.
Florida Is Already Disproving One Of The Biggest Fears About Housing – Yahoo Finance
posted
Apr 20, 2012 by REI News
“stay-at-home moms” – as if those are still the only options for raising a family. Think about it – can you imagine a world where June Cleaver is the family breadwinner and wise advice-giver at the end of the day while Ward stays home all day folding laundry and dusting his already spotless house and wondering what to fix for dinner? And I’m not talking about 1958, I’m talking about here and now in 2012 – where apparently only women still have to make the choice between whether to work at home or work both at home AND outside. Great post, Anna Molly – and speaking of the “Silly Season”.lost in all the cacaphony over the Hilary Rosen/Ann Romney debate yesterday was the kind of sad fact that here in 2012 we’re still even debating the idea of “working women” vs.
Former Florida Chief Circuit Judge Joins Watson Foreclosure Law Firm – Housing Wire
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Aug 3, 2011 by REI News
In the month of October, then-Attorney General Bill McCollum in Florida has opened investigations into four major companies in the state of foreclosure, including the company of David J. In his new role, Tobin's lawyers to monitor and ensure best practices in a company that was recently installed as the management of investigations of the foreclosure cases. Stern, Watson and others.
No Place Like Home: Finance Expert Says Home Ownership Still Possible In Troubled Housing Market – Newswise
posted
Jul 27, 2011 by REI News
* Determine the integrity of creation. He said the developer has promised good comfort, as the community pool. See also the site of development. Higgins suggested if the homeowners are still active. Close to shopping and a golf course can be a place where people want to live, especially when the housing market rebounds.
Economic Impact: Housing Continues To Show Sign Of Distress – Richmond Times-Dispatch
posted
Jun 6, 2011 by REI News
In the fourth quarter, however, prices dropped only 4.2 percent in the U.S. and 3.3 percent in the Richmond area, compared with the same period a year earlier, according to the Federal Housing Finance Agency data.
David J. Stern Launches Legal Battle Against Nation’s Biggest Mortgage Servicers – Housing Wire
posted
May 17, 2011 by REI News
Stern filed a counterclaim in this case, claiming that his company has $ 800,000 from Fannie. Stern, the only partner in the law firm of David J. Reportedly continued to Fannie Mae, too, but the IGE Stern passed through the filing of an arbitration case for damages. Stern also said Freddie Mac, claiming the company owes the law firm sponsored by the Government over $ 1,300,000.
Florida Foreclosure Defense Attorneys Allege ‘rocket Docket’ Abuses – Housing Wire
posted
Apr 12, 2011 by REI News
In July, the 20th Judicial Circuit Court of Florida faced a backlog of 40,000 civil and foreclosure cases filed over the previous three years. But affidavits filed last week by ACLU attorneys representing homeowners, suggest Florida's attempt to speed up the process has been a detriment to homeowners challenging their foreclosures.
Florida Foreclosure Attorneys Allege Rocket Docket Abuses – Housing Wire
posted
Apr 11, 2011 by REI News
Housing Wire has an article on the ACLU challenged the famous Lee County, Florida, the case of rockets constitutional grounds of due process. You will recall that some time ago I said that a judicial system to go with theft theft signatories. The petition states that the bubble is set to rocket as dealing with cases of seizure in a manner different from all other cases and in these cases, bands were indicted on several procedural rights as all other cases in Under the Code of Civil Procedure Florida.
Statewide Shadow Inventory Rocked By Foreclosure Snafu – Housing Wire
posted
Mar 21, 2011 by REI News
However, the NAR numbers indicate which states are in better shape to unload these properties based on the respective proportion of distressed sales. On the whole, Capital Economics estimates there are 5.3 million homes in limbo between foreclosure and the sales market. The National Association of Realtors released state-by-state data on shadow inventory Monday, calculating the data in relation to distressed property sales. Standard & Poor's states it could take up to 49 months to clear the shadow inventory books.
