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Federal program offers up to $18,000 in mortgage help

May 27th, 2011 | By

The federal government has allocated funding to help pay the mortgages of qualified homeowners who are unemployed or underemployed through no fault of their own. Troubled homeowners in all 67 counties who want to apply for HHF financial assistance will be able to do so via this website.
Homeowners who qualify for financial assistance may receive [...]



Coquina Beach among best beaches for families

May 23rd, 2011 | By
Coquina Beach among best beaches for families

Parents Magazine named Anna Maria Island one of the best beaches for families:
This beach, on the southern tip of Anna Marie Island, near Sarasota, is famous for “coquinas,” colorful mini seashells. “Every morning, there’s a row of shells on the shoreline for kids to scoop up,” says Debbie Meihls, executive manager of the Bradenton Area [...]



U.S. home sales by foreign buyers surge

May 19th, 2011 | By
U.S. home sales by foreign buyers surge

The U.S. continues to remain a top destination for foreign buyers as international purchases surged by $16 billion this year – one of the highest increases in recent years – according to the National Association of Realtors®’ 2011 Profile of International Home Buying Activity.
According to the survey, total residential international sales in the U.S. for [...]



Less Rental Restrictions help Economy

Apr 18th, 2011 | By

There was a good article in the Herald Tribune, showing that less rental restrictions help both Real Estate Market and economy on Anna Maria Island:
There is no denying that Anna Maria Island is fulfilling its economic potential these days.
Its hotels and vacation rentals are full.Its stores and restaurants are generating increased revenues. Its developers and builders are [...]



Help for homeowners facing foreclosure

Apr 7th, 2011 | By
Help for homeowners facing foreclosure

A $1 billion federal program now stretching statewide could keep 40,000 Floridians from losing homes to foreclosure. That would equal roughly 10 percent of the 485,286 properties in some stage of foreclosure in 2010 in Florida, according to real estate research firm RealtyTrac.
The Florida Housing Finance Corp. announced Tuesday it is expanding the federal Hardest [...]



1 in 5 Canadians interested in buying U.S. property

Apr 5th, 2011 | By

MONTREAL –  A new survey from BMO Bank of Montreal and conducted by Leger Marketing finds that one in five Canadians would now consider purchasing property in the United States. Lower home prices and a strong Canadian dollar have sparked their interest in purchasing U.S. property.
Other survey findings:
• Men are more likely to consider purchasing [...]



Second home sales help local Real Estate Market

Apr 5th, 2011 | By

The market share of vacation- and investment-home sales held steady in 2010, although the sales volume declined with the overall market, according to the National Association of Realtors® (NAR).
“Despite extraordinarily tight credit conditions for purchasing a second home, the market share for vacation and investment homes held steady,” says NAR Chief Economist Lawrence Yun. “A [...]



1 in 4 mortgage applications rejected

Apr 4th, 2011 | By

The tightening of credit by lenders across the country continues to keep more buyers from securing a mortgage. Nearly a quarter of people who apply for a mortgage are rejected, according to the latest data from the Federal Reserve.
“Good borrowers with one or two blemishes on their credit are being denied credit,” says Lawrence Yun, [...]



New Homes For Sale on Anna Maria Sound – Harbour Isle

Mar 30th, 2011 | By
New Homes For Sale on Anna Maria Sound – Harbour Isle

Florida Island Living At Its Very Best!
Anna Maria Sound is located in the city of Bradenton, Manatee County, Florida. Harbour Isle, located in beautiful Perico Island, is just minutes away from Anna Maria Island, with its quaint business districts, award-winning restaurants, specialty shops, and arts and entertainment venues that make it one of the nation’s favorite [...]



CNN Money: It is time to buy again!

Mar 29th, 2011 | By

CNN Money sais: It´s time to buy Real Estate again. We already knew that though, right?
Just make sure you buy right. How do you know you’re buying right? – You get a good agent!
Here is the article:
Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in [...]