Boca Raton FL Real Estate News

U.S. existing-home sales unexpectedly climbed in February, but subprime-market woes could chill demand farther down the road. Home resales rose to a 6.69 million annual rate, a 3.9% increase from January’s revised 6.44 million annual pace, the National Association of Realtors said Friday. January’s rate was originally estimated at 6.46 million.
The February resales level was […]

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Two years of stormy real estate markets appear to have created an ideal climate for bargain-minded house hunters who know where to look. Real estate experts say a switch in the psychology of the housing market has helped buyers to see the silver lining around the market’s storm clouds and usher in the fine shopping […]

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Buyers need to update their relationships with their local loan officer so they know when to climb through the window of opportunity that keeps sliding wider these days. Have you been looking at the interest rates lately? Favorable economic conditions have allowed the rates to slip below 6 percent in some markets. Bankrate.com has them […]

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Home loan officers in Boca Raton clouded by their connection to subprime lender New Century Financial Corp. are reinventing themselves with the help of a rival. Roughly 35 employees from the Boca office of Home 123 Mortgage have agreed to join WCS Lending.
The deal comes just days after Home 123 and its California parent, […]

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As real estate developers and investors do business throughout 2007, they may face complex tax issues that can strain resources and drain profits. They should keep in mind these tax tips, which can possibly help them save money in the long run.
Do you truly understand your partnership or LLC operating agreement? Do you know if […]

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On Friday, Barclays Global Investors rolled out iShares Lehman MBS Fixed-Rate Bond Fund (AMEX:MBB - News). The new exchange traded fund tracks the performance of investment grade, fixed rate, mortgage-backed securities of the Government National Mortgage Association (”Ginnie Mae”), Federal National Mortgage Association (”Fannie Mae”) and Federal Home Loan Mortgage Corporation (”Freddie Mac”). It’s the […]

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Searching for a better tool to maximize your return on investments? Historically, second homes on the coast, or in resort communities have appreciated in value.
The basic idea of a second-home investment, most potential shoppers can’t afford to consider only the pleasure component - they are in need of a larger total package. So, let’s consider […]

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Retired Federal Reserve Chairman Alan Greenspan, speaking at a Futures Industry Association annual conference here on Thursday, said the problems of the subprime mortgage market had more to do with home prices than easy credit.
Greenspan, who was Fed chairman for two decades until 13 months ago, was greeted like a rock star, with a video […]

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I have a $340,000 mortgage and a $160,000 home equity loan. I also have $800,000 net equity in my house but have little in savings. My income is going down this year and my monthly expenses are barely being met. I’m in need of a new car as mine is over seven years old […]

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When you think about glamorous, exciting remodeling projects, the garage is probably not the first space in your home that leaps to mind. But garage remodeling has become the new frontier for homeowners looking to organize and reclaim space in their homes, and to do it with flair. Depending on your tastes, time and budget, […]

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