St. Petersburg Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

  Comment?

  Related Topix: Home, Foreclosures, Mortgage, Mortgage, Personal Finance

Local Headlines

• More people losing homes

  11 hrs ago | via News Press 

  The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to data released Friday.

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  Related Topix: Fort Lauderdale Metro, Fort Lauderdale, FL, Foreclosures, Bradenton, FL, St. Petersburg, FL

• McCain and Obama Focus on the Economy

  21 hrs ago | via US News & World Report 

  But there's at least one thing about which McCain and Obama seem in complete sync: The $13 trillion American economy is a "shambles." It's a word that both presidential hopefuls have tossed around while on the ...

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  Related Topix: Housing, Home, Mortgage, Mortgage, Personal Finance, Tampa Metro

• US home prices extend slide, hitting 10-year low

  Thursday | via The Age 

  'A record 18.6 million houses, apartments and condos stood empty in the last three months' July 25, 2008 - 6:46AM Sales of previously owned US homes fell in June to the lowest level in a decade as tumbling ...

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  Related Topix: St. Petersburg, FL, Tampa Metro, Real Estate

• U.S. Existing Home Sales Drop 2.6% to 4.86 Million, Lowest Rate in Decade

  Thursday | via Bloomberg 

  Sales of previously owned U.S. homes fell in June to the lowest level in a decade as tumbling real- estate prices and consumer confidence signaled no end in sight to a housing recession now in its third year.

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  Related Topix: Financial Services, Investment Services, Home, Home Selling, St. Petersburg, FL, Tampa Metro, Real Estate

• Financial regulator asked to step down

  Wednesday | via WMNF-FM Tampa 

  On Sunday, the Miami Herald published an investigation titled "Borrowers Betrayed." It revealed that state regulators allowed thousands of ex-convicts to enter the mortgage business.

  Comment?

  Related Topix: Pinellas County, FL, Tampa, FL, Foreclosures, Florida, Florida Government

Regional Headlines

• House Swaping

  17 hrs ago | via WSVN-TV Miami Beach 

  In the movie the Holiday, two women on opposite sides of the globe meet online and end up swapping homes for vacation.

  Comment?

  Related Topix: Florida, Real Estate

• Housing woes still stinging banks

  15 hrs ago | via Palm Beach Post 

  The troubled Florida real estate market is continuing to cause major losses for in-state and out-of-state banks, earnings reports showed this week.

  Comment?

  Related Topix: Seacoast Banking Corporation of Florida, Banking, Financial Services, Real Estate, Housing, Florida

• Fitch Rates Florida Forever $156.7MM Rev Bonds 'A+'

  20 hrs ago | via PR-inside.com 

  Fitch has also affirmed the 'A+' rating of the Florida Department of Environmental Protection's approximately $2.5 billion outstanding Preservation 2000 and Florida Forever bonds, $200 million of outstanding ...

  Comment?

  Related Topix: Housing, Foreclosures, Florida, Florida Government, Mortgage

• Stats show mortgage delinquencies still rising in S. Florida

  22 hrs ago | via McClatchy DC 

  The number of South Florida homeowners behind on their mortgages nearly doubled in June compared to a year ago, as home prices continued a precipitous decline and interest rates this week reached their highest ...

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  Related Topix: Florida, Mortgage, Personal Finance, Home, Mortgage, Housing

• Florida fourth in foreclosure rate

  Yesterday | via Jacksonville Business Journal 

  Florida again had the fourth highest foreclosure rate in the second quarter and the second highest total of any state, according to data released by RealtyTrac Inc.

  Comment?

  Related Topix: Florida, Foreclosures, Jacksonville Metro, Fort Lauderdale Metro, Fort Lauderdale, FL

National Headlines

• Downtown Sacramento Real Estate Market Report

  3 min ago | via Sacramento Real Estate Blog 

  Real estate in Downtown Sacramento continued to command top dollar in May, with sold price per square foot running more than twice as high as the county-wide average, though this year's crop of homes was much ...

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  Related Topix: Sacramento, CA, Sacramento Metro, Foreclosures, Events

• 15-Year Mortgage or a 30-Year Mortgage?

  3 min ago | via About.com 

  The traditional 30-year mortgage has become the standard method of borrowing for most people, but the 15-year mortgage is still a viable solution for many people.

  Comment?

  Related Topix: Mortgage, Personal Finance, Home, Mortgage

• Housing rescue bill heads to Bush for signature

  3 min ago | via KCBY-TV Coos Bay 

  Congress passed the most significant housing legislation in decades Saturday, offering help to struggling homeowners and seeking to stabilize a troubled housing market that has dragged down the economy.

  Comment?

  Related Topix: George Bush, Foreclosures, US Politics, US News, 2008 Presidential Election, Home, Mortgage

• Gregg, Sununu vote for housing bill

  4 min ago | via The Boston Globe 

  Sens. John Sununu and Judd Gregg were on the winning side Saturday as the Senate approved a plan to help homeowners facing foreclosure and to save mortgage companies Fannie Mae and Freddie Mac .

  Comment?

  Related Topix: US Politics, US News, 2008 Presidential Election, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• How they voted: Senate roll call on housing bill

  5 min ago | via Times Leader 

  The 72-13 roll call Saturday by which the Senate passed a bill that aims to help homeowners facing foreclosure and to prevent mortgage companies Fannie Mae and Freddie Mac from failing.

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  Related Topix: Foreclosures, Mortgage, Personal Finance, Home, Mortgage