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November 2011 - Posts

Monday, November 07, 2011 4:48 PM

Solar Power - Coming Soon to a Home Near You

Favored by the eco-conscious, solar power is clean, renewable, occurs during the time of greatest power usage, and eliminates the need for an expensive power grid. Until recently, however, the cost of the panels and their installation have made it prohibitive
Posted by Jennifer Cook & Raul Aleman | 0 Comments
Monday, November 07, 2011 4:48 PM

The New Mortgage Refinance Plan - Who is Eligible?

The Federal Housing Finance Agency (FHFA) has announced changes to the Home Affordable Refinance Program (HARP). The FHFA hopes that the new program, which eases eligibility rules, will double the number of homeowners currently able to lower their mortgage
Posted by Jennifer Cook & Raul Aleman | 0 Comments
Monday, November 07, 2011 4:47 PM

New Taxes in the Future for Business Leases? Florida Real Estate News

Are business leases in the state being taxed correctly? The Florida Department of Revenue hopes to discover the answer to this question in a hotly contested, upcoming study. Florida realtors worry that the Department of Revenue has a hidden agenda, and
Posted by Jennifer Cook & Raul Aleman | 0 Comments
Monday, November 07, 2011 4:46 PM

New FHA Requirements Worry Condominium Associations

Unlike traditional loans with their higher down payment requirements, FHA-insured loans have become the loan of choice for condominium buyers. According to Benny L. Kass, writing for washingtonpost.com, in 2010, the FHA issued between 30 and 40 percent
Posted by Jennifer Cook & Raul Aleman | 0 Comments
Monday, November 07, 2011 4:45 PM

Consumers Sense Stormy Weather Ahead

October's Consumer Confidence Index was at its lowest point since March 2009, when the U.S. was in the heart of the recession. The Index represents how secure consumers feel about overall economic conditions during the next six months. According to
Posted by Jennifer Cook & Raul Aleman | 0 Comments
Monday, November 07, 2011 4:45 PM

Double-Dip Recession Appears Less Likely

According to USA Today, in the wake of government reports issued on Oct. 19, economists are feeling more optimistic about third quarter economic growth. A Bloomberg News survey estimates economic growth up 1.8 percent from economist's projections
Posted by Jennifer Cook & Raul Aleman | 0 Comments
Monday, November 07, 2011 4:43 PM

Census Results Show High Rate of Homeownership

According to Information, Inc. and based on data from the 2010 U.S. Census, the rate of homeownership is second only to the high rate of homeownership set in 2000. Rates vary by locale with the highest levels of homeownership, 69.2 percent, found in the
Posted by Jennifer Cook & Raul Aleman | 0 Comments
Monday, November 07, 2011 4:37 PM

Cash for Keys: Incentive for Homeowners and Lenders

Realtors are adding a new set of skills to their portfolio with the advent of the "Cash for Keys." This program allows lenders to offer cash incentives to homeowners facing foreclosure. As the name says, lenders offer homeowners facing foreclosure
Posted by Jennifer Cook & Raul Aleman | 0 Comments
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