Thursday, May 12, 2011

6 real estate headlines: 12-May

A daily dose of headlines for real estate agents, mortgage lenders, homebuyers and home sellers.

Rent or buy: A matter of lifestyle
The New York Times
: As this year's spring buying season nears its peak, the relative merits of renting and buying are closer than they have been since the housing bubble began inflating almost a decade ago.
Florida shows signs of recovery
National Mortgage News
: Florida existing home sales increased 13% and existing condominium sales increased 29% over the first quarter 2010, according to the Florida Association of Realtors.
Sales volume up, but home prices falling
Wall Street Journal
: A Realtors' trade group says existing-home prices rose in 34 out of 153 metropolitan statistical areas in the first quarter compared to a year ago

Florida existing homes, condo sales jump
Housing Wire
: Florida existing home sales followed the national trend upward in the first quarter, jumping 13% compared to the year prior to more than 44,500 homes statewide.

Facebook founder 'likes' homeonwership
Inman News: Unconfirmed reports, indicate Mark Zuckerberg purchased a $7 million property in a northern Palo Alto neighborhood near University Avenue.�
Timing the real estate market
MD Suburban Homes
: Just like the mighty oak, the best time to buy a house was 25 years ago. The next best time to buy is now. Interest rates are pretty damn low, and prices have retreated to pre-bubble levels.

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