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SELLERS CAN USE FHA, VA LOANS AS MARKETING TOOL

WASHINGTON – Sept. 27, 2013 – Homeowners who have a mortgage insured by the Department of Veterans Affairs or Federal Housing Administration are often unaware of one feature: The buyers may be able to take over the homeowner’s loans under the same terms. This prevents the buyer from having to take out a new mortgage, and it may be an incentive that can be used as a marketing tool to sell a home – particularly at a time when mortgage rates are on the rise, The New York Times reports. “You could now have a seller saying, ‘I have a great house to sell you and a great mortgage to... READMORE

FLA.’S HOUSING MARKET CONTINUED UPSWING IN AUG. 2013

NAR: Aug. existing-home sales rise, limited inventory continues to push prices ORLANDO, Fla., Sept. 19, 2013 – Florida’s housing market continued its positive trend in August with increased closed sales, higher median prices, more pending sales and a stable supply of homes for sale, according to the latest housing data released by Florida Realtors®.“Both sales and prices demonstrate that Florida’s housing market is growing and continuing to gain strength,” says 2013 Florida Realtors President Dean Asher, broker-owner with Don Asher & Associates Inc. in Orlando. “The growth i... READMORE

SURVEY: MORE RENTERS WANT TO BECOME HOMEOWNERS

Homeownership as a priority is on the upswing. And a look back shows perceptions about owning weren’t as negative during the recession as the media suggested. NAR’s 2013 National Housing Pulse Survey found that half of renters (51%) now say that becoming a homeowner is one of their highest personal priorities. Image: Liz Foreman for HouseLogic. Americans have favored buying over renting, even during the recent Great Recession, and this year is no different. The 2013 National Housing Pulse Survey, by the NATIONAL ASSOCIATION OF REALTORS®, found Americans overwhelmingly believe ... READMORE

CORELOGIC: 2.5M MORE U.S. HOMEOWNERS NOT UNDERWATER

CoreLogic: 2.5M more U.S. homeowners not underwater IRVINE, Calif. – Sept. 10, 2013 – CoreLogic’s latest analysis finds about 2.5 million more residential properties returned to positive equity during the second quarter of 2013, as homeowners emerged from underwater.The total number of mortgaged residential properties with equity stood at 41.5 million in the second quarter, while 7.1 million homes – 14.5 percent of all residential properties with a mortgage –still had negative equity. That’s down from 9.6 million homes, or 19.7 percent of all residential properties with a mortga... READMORE

Amerivest Realty Fully Embraces Cloud Computing Technology

Amerivest Realty, a leading full service real estate company has moved virtually its entire technological infrastructure into the cloud. What began with a move to a cloud-based email system more than a year ago has grown to cloud-based customer relationship management (CRM), totally re-invented websites, such as our Naples Florida real estate site, transaction management, phone/fax systems, asset management and accounting systems. These changes have led to increased reliability for our real estate company, decreased downtime, lower technological management overhead and availability from anywhe... READMORE