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  • Huge Spike in Home Prices Is Not Real?

    The median price of an existing home that sold in April of this year was $177,400, an increase of just over ten percent from a year ago. That is the biggest price jump since January of 2006. The difference between now and then, though, is the 2006 price jump was real, this latest spike is not. “This is a mix of home issue,” ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on May 23, 2012
  • FHA may relax condo rules soon

    The Federal Housing Administration may ease restrictions on financing purchases of condominium units. To protect a struggling emergency insurance fund, the FHA put rules in place barring new loans on developments with more than 15% of the units more than 30 delinquent on condo association dues. Also, at least half of the units must be ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on May 22, 2012
  • Few respond to foreclosure review offer

    WASHINGTON – May 21, 2012 – Months after the first invitations were mailed, only a small percentage of eligible borrowers have accepted a chance to have their foreclosure cases checked for errors and maybe win restitution. By April 30, fewer than 165,000 people had applied to have their foreclosures checked for mistakes ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on May 22, 2012
  • Rental household market set to boom

    Rental households comprise 34% of the housing stock and are growing at the incredible rate of 1.6 million per year, while owned households are actually declining in number, according to John Burns Real Estate Consulting, which called the increase an “incredible surge” in demand. Only 20% of renters live in large buildings of 20 or ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on May 20, 2012
  • Facebook "Housing Boom"

    While the rest of the county buzzed Friday about Facebook’s first day as a public company, real estate agent Brian Chancellor saw the effect months earlier. Chancellor put a client’s house on the market in February for roughly $1.2 million — a bit underpriced, he said. The home in Palo Alto, Calif., sits adjacent to Menlo ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on May 20, 2012
  • Bank of America - Too Crooked to Fail?

    If you have a chance to pick up the new issue of Rolling Stone please do so. Not for the cover story on Bruce Springsteen, but for the article from Matt Taibbi. Too Crooked to Fail is an article regarding the scary monster we call Bank of America and all of the illegal, immoral and downright criminal things that they have been up to. ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on March 20, 2012
  • Single Story For Sale in Port St Lucie Sec 21

    [photo:listing:52290410] • 1,936 sq. ft., 2 bath, 3 bdrm single story - MLS® $77,000 Port St Lucie Sec 21, Port Saint Lucie  -  Nice CBS Home, Screened Porch and Private Back Yard, Clean and Perfect for Investment or First Time home buyer. Nice PaarArea. Bank Approved ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on January 3, 2012
  • Single Story For Sale in Tradition

    [photo:listing:52290444] • 2,307 sq. ft., 2 bath, 3 bdrm single story - MLS® $107,160 Tradition, Port Saint Lucie  -  Beautiful home located in Seasons at Tradition. Home is a steal at this price. Short sale and subject to bank approval. Hurricanewindows. Third bedroom ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on January 3, 2012
  • Single Story For Sale in Portofino

    [photo:listing:52139192] • 2 bath, 2 bdrm single story - MLS® $77,000 Portofino, Jensen Beach  -  Great Location , Near Everything, Near Beach and Mall Property information
    Posted to Jeffrey Rubin (Weblog) by 844211 on December 30, 2011
  • 2 Story For Sale in Tradition

    [photo:listing:52139220] • 3,540 sq. ft., 2 bath, 5 bdrm 2 story - MLS® $180,405 Tradition, Port Saint Lucie 34987  -  Short sale subject to 3rd party approval.Offers to be written on FAR BAR As-Is Contract w/POF or Bank Approval Letter.Commission reductions split 50/50. ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on December 30, 2011
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