Feather Sound Real Estate News
Thursday | via St. Petersburg Times
Tampa Bay home sales shot up in April with prices also showing strong gains even as many buyers paid in cash. In Pinellas County, year-over-year sales of single-family homes rose 21.3 percent while sales of condos and townhomes jumped 17.5 percent. Comment?
Thursday | via Tampa Bay Newspapers
Life happens. Jobs fold under corporate downsizing and medical issues spring up. Comment?
Thursday May 7 | via St. Petersburg Times
The only clue a 1925 Spanish bungalow on a quiet, red brick street in Central Oak Park is breaking the law: an inconspicuous mechanical keyless lock on the front door. But the ad on vrbo.com showcasing the house tantalizes potential short-term renters with the tagline: "Bring Fido, Sleeps 9!" The 1,299-square-foot house in the 3700 block of Third Ave. N fetches $175 per night or $875 a week. Comment?
Apr 21, 2015 | via Tampa Bay Newspapers
Pinellas Realtor Organization released the latest statistics for Pinellas County real estate March 25, and the news is good. January was 'sluggish,' which is typical of the market for the past four years, according to PRO's February report. Comment?
Apr 1, 2015 | via St. Petersburg Times
A turtle named Ricky Bobby, foreground, waits to be released as Clearwater Marine Aquarium volunteer Brittany Workman carries Yoda out to deeper water. Aquarium staff and volunteers released four rehabilitated sea turtles Thursday, three at Honeymoon Island in Dunedin and one on the east coast of Florida where it had been rescued. Comment?
Friday | via Business Journal
Headway Office Park in Lauderdale Lakes is headed to auction after its owner lost a $12.9 million foreclosure judgment. Wells Fargo Bank, representing a commercial mortgage-backed securities trust, won the judgment against SRA/Sunrise Development over a $10.8 million mortgage, plus interest and fees. Comment?
Friday | via WTVY Dothan
Governor Rick Scott today announced that Florida businesses created 25,800 private-sector jobs in April 2015. Since December 2010, 865,600 private-sector jobs have been created across the state. Comment?
Thursday | via Capital Soup
Florida's housing market reported more closed sales, higher median prices, increased pending sales and more new listings in April, according to the latest housing data released by Florida RealtorsA . Closed sales of existing single-family homes statewide totaled 25,206 last month, up 17.9 percent over April 2014. Comment?
Thursday | via WIOD-AM Miramar
Florida posted the highest foreclosure rate in the country, and Miami home foreclosures are still near the worst in the nation. Bank Repossessions across the country are at 27-Month High, but remain 56 percent below the darkest days after the recession. Comment?
Thursday May 21 | via The Orlando Sentinel
For the first time in years, Orlando's median home prices dropped below the midpoint price for houses in metro areas throughout Florida, a new report shows. The mid-range price for a single-family house in the Metro Orlando area, which includes Orange, Seminole, Lake and Volusia counties, was $189,900 during April. Comment?
19 min ago | via Reuters
May 24 With the latest effort by Sweden to cool its housing market postponed by a court, concerns are escalating that political stagnation, a faulty institutional set-up and high household debt risks sending the triple A economy into a tailspin. A move to force homeowners to pay down the principal of their mortgages -- what many economists say is the very least needed to avoid a housing bubble -- was postponed after a court in April said the Swedish Financial Supervisory Authority lacked a legal mandate. Comment?
45 min ago | via The Independent
What have banks learnt from the payment protection insurance scandal? Judging from bald statistics from the Financial Ombudsman Service , the banks have used the experience to learn how to mis-sell other products. Claims to the FOS have gone up 278 per cent for "packaged accounts" - those offering a range of insurance products and services along with a fee-paying account. Comment?
46 min ago | via The Independent
Simon Read is Personal Finance Editor at The Independent. He edits the Saturday Your Money section as well as writing for the news and business pages of the Independent and i newspaper. Comment?
54 min ago | via South China Morning Post
The mainland's top insurers China Life and Ping An Insurance Group last month linked up to make their first foray in the US real estate market. Photo: Reuters Some high-profile alliances are attracting attention in the property world, but synergies may prove elusive if partners become blinded by the pursuit of scale. Comment?
1 hr ago | via Seeking Alpha
The Swiss franc has continued to propel higher in recent months. From a rate of 0.9924 on March 17, the franc has risen to a high of 1.0958 against the dollar on May 15 before reverting to a rate of 1.0598 at the time of writing. Comment?
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