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September 2010 - Posts

More condos in Florida being approved by Fannie Mae

There was an article a few weeks ago in the South Florida Business Journal that discussed how Fannie Mae's approvals for Florida condo projects are up 40% over last year. To get conventional financing on a condo purchase, the condo complex has to

Verification of August Sales Up

In my September newsletter (below) which many of you have already read, I discussed how the sales in this area were up from July and very close to were they were last August. An article recently released by the Florida Association of Realtors discussed

What Happened Last Month?

This month after a discussion of last month's sales statistic I'll be going over the free gift card contest and some exciting new features on this site as well as my new site which has just launched. But now, on to what happened last month that

Mortgage rates hit record low of 4.32% this week

This was information from Freddie Mac this past Thursday and was for 30 year loans. This is not for everyone getting a loan but would be for someone with a great credit score and history, putting down at least 20% for a primary residence and with whatever
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