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April 2015 Archives

Home sales increasing in parts of Florida

According to a report from Florida Realtors, home sales were up 21.5 percent in South Florida in March 2015 when compared to March 2014. There were a total of 4,328 single-family homes that sold for a median price of $275,000, which is an increase of 3.9 percent. Throughout the entire state, home sales increased 24.6 percent, and the median sales price was $190,000, which represented an increase of 9.2 percent.

Choosing to purchase or lease commercial real estate

When a Florida business owner is deciding whether to purchase or lease a commercial real estate property, there are several factors they should consider before making the decision. In order to make the correct choice, the business owner should begin by analyzing their needs and goals.

Economists predict positive outlook for commercial real estate

Florida residents with an interest in commercial real estate issues may wish to know the results of a report on the industry's next few years. The experts interviewed are predicting growth that should have a positive impact for those involved in commercial property.

Why raising rates may not be bad news

Florida residents who are thinking about buying a new home may be concerned by news of a probable interest rate increase. The move by the Federal Reserve is expected as early as June, and many experts are concerned that such a hike will weaken the housing market due to higher mortgage costs.

Statute of limitations and Florida foreclosures

When a mortgage lender initiates foreclosure proceedings on a home, it can be frightening and devastating to the people who live in it. There are several ways in which a person can defend against a foreclosure, however, including arguing that the statute of limitations has expired.