Category Archives: Market Condition

Florida Bankruptcy, Foreclosure, Short Sales

This is the best explanation of the foreclosure process that I have found.  Follow the link below to read the entire article. Mortgages, Foreclosures, and Short Sales Anatomy of a Mortgage A mortgage is a loan backed by real estate. … Continue reading

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Appraiser as an Expert Witness

The 1993 U.S. Supreme Court case Daubert v. Merrill Dow Pharmaceuticals created a new rule regarding the admissibility of expert testimony in all types of court cases by establishing new criteria and designating the judge as “gatekeeper” to evaluate the … Continue reading

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Now is the Time to Buy!

Fla. in top five for home price appreciation  NEW YORK – May 10, 2012 – Tighter housing inventories are starting to lift home prices, says Anand Nallathambi, CoreLogic’s CEO. CoreLogic’s latest home price index, which includes distressed sales, shows a … Continue reading

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Pinellas County Home Foreclosure Filings Spike as Prices and Sales Level Off

Whether it was the anticipation of the foreclosure settlement or simply because lenders must eventually move their distressed inventory, initial foreclosure filings in Pinellas County rose sharply in December and January.  This follows the huge drop in filings after the … Continue reading

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Market Bottom or Beginning of Final Leg Down

In my last newsletter I discussed the sharp drop in available housing inventory and how it has been leading to an increase in the average sale price of residential properties.  The chart below is of Pinellas County and reiterates this … Continue reading

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Market Conditions

Far and away the Number #1 question I am asked is, “Marsh where is the housing market headed?” or some variation thereof.  While I am have always freely given my advice when asked, often contradicting the conventional wisdom (see housing … Continue reading

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Real Estate News

Laurie Goodman, from Amherst Securities presented her latest findings at the American Enterprise Institute and it is a gloomy forecast.  She describes, “10.81 million homes are at risk of default over the next 6 years. Even if we try to … Continue reading

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