Blog

WASHINGTON – Aug. 5, 2011 – High inventories of homes for sale have plagued many markets, but in a recent analysis of metro areas, inventories were found to be shrinking sharply during the second quarter, The Wall Street Journal reports. About 2.34 million homes were listed for sale on the multiple-listing service by the end of Jun [...]

NEW HOME MORTGAGE PROGRAM Reported to us by Adam Cohn (see below) servicing Cape Coral, Fort Myers Real Estate Sterling Asset an Equity Co. a Division Of Primary Residential Mortgage has announced a new mortgage loan program. This program will allow for up to 97 LTV (loan to value) or just 3 percent down. The credit scores need to be 620 an [...]

  Boating Dreams came true in Cape Coral The following was written by Joe Ward and published in May-June 2009 Issue of Simply the Best in Cape Coral Wet and Wild Guide My dreams came true in 2002 when my wife and I sailed our 45’ Gulfstar through the Bahamas, around Key West, and up the Caloosahatchie Riv [...]

  It looks like Canadians are paying attention to concern about rising household debt. For almost three years, Canadians have been warned that the current low interest rate environment can't last and that mortgage rates will soon begin to rise. It seems that they've been paying attention. "Even without the catalyst of sign [...]

  Foreclosures Down in April in Florida TALLAHASSEE, Fla. – May 13, 2011 – Foreclosures in April were a whopping 59 percent lower in Florida than a year ago, but observers say the drop is not necessarily a sign that Florida’s housing industry is turning the corner. According to [...]

Seller financed homes has tripled in number in Cape Coral, FL since March 2011 Some sellers offer financing to get deals closed NEW YORK – May 19, 2011 – Buyers who have a foreclosure or bankruptcy in their credit past wouldn’t be a likely candidate to secure financing from a bank anyti [...]

Kathy Gilley - College Professor, Counselor, Entrepreneur and Cancer Survivor. Her story: "I was diagnosed with pancreatic cancer on February 25, 2005 and was told by my doctors that without surgery I would not live 60 days and even with surgery, my prognosis for living longer than 60 days was "dismal." I had a Whipple surgery [...]

  GREAT NEWS The worm has turned! Lee County, FL, a. k. a. Paradise, existing home sales are up 137% from 2008 & prices are up 4% from last month. The National Association of Realtors announced June of previously occupied homes rose for the third month in a row. More than half of homes that are selling are either short sales or for [...]