Whitefly a Menace to Vegetation

Stefan Real Estate , Uncategorized 1 Comment

  Awareness of local plant diseases will really help protect your investment-Stefan       Posted: 5:40 a.m. Thursday, Aug. 16, 2012   Whiteflies Hit Palm Beach County Homeowners’ Trees, Plants, Pools Lannis Waters The Rugose spiraling whitefly on the underneath of a banana tree leaf. Related View Larger Lannis Waters The Rugose spiraling whitefly on the underneath of a Read More

Shadow Inventory…….Over Rated?

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Shadow inventory does not factor in the large amount of undesirable properties.-Stefan   By Nick Timiraos The housing market is improving because there are more buyers chasing fewer homes. Skeptics of a housing bottom, however, often point to a scary set of numbers: the “shadow inventory” of potential foreclosures—the millions of mortgages that are either in foreclosure or in default. It’s true that home Read More

Accurate Price Data for Florida

Stefan Real Estate 5 Comments

Data accuracy instills investor confidence.-Stefan   Posted: 4:11 p.m. Monday, Aug. 13, 2012   More Accurate Home Price Data on Tap for Florida A new index launching in September could be the first of its kind in the nation By Kimberly Miller Palm Beach Post Staff Writer Florida is believed to be the first in the nation to get its own Read More

Closing Costs Fall

Stefan Real Estate 5 Comments

  RESPA changes prove to benefit homebuyers-Stefan     Mortgage Closing Costs Fell 7% for Homebuyers By Les Christie @CNNMoney August 7, 2012: 11:53 AM ET The closing costs of getting a mortgage have dropped. NEW YORK (CNNMoney) — Federal regulations are helping to significantly reduce the amount new homebuyers are paying come closing time. The average cost of closing on a Read More

Is The Bust Behind Us?

Stefan Real Estate 1 Comment

A real discussion of what constitues a real shift in pricing momentum.-Stefan August 6, 2012, 1:00 PM Is This the End of the Housing Bust? Not So Fast, Says Shiller By Joe Light Reuters Yale University professor Robert Shiller As I wrote in the Weekend Investor cover story, “Is the Real-Estate Rebound for Real?,” this weekend, many indicators are pointing to a Read More

Florida Revenue Increases

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Higher spending is a sign of consumer confidence in Florida!- Stefan   Posted: 6:52 p.m. Thursday, Aug. 9, 2012   Revenue Forecast Shows Florida Rebuilding  By John Kennedy Palm Beach Post Capital Bureau Florida’s economy is slowly putting on muscle, packing away increased tax collections which could keep the state from facing another troubled budget next spring, analysts said Thursday. The Read More

Three Year Low for Late Payments

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If these are accurate stats this is really good news.-  Stefan       Late Payments on Mortgages Hit Three-Year Low Published: Wednesday, 8 Aug 2012 | 8:07 AM ET By: AP U.S. homeowners are getting better about keeping up with their mortgage payments, driving the percentage of borrowers who have fallen behind to a three-year low, according to a new Read More

Price Per Square Foot

Stefan Original , Real Estate Leave a Comment

When properly applied Price Per Square Foot is an incredibly useful metric for evaluating residential real estate opportunities.  When misused it can lead to real problems in determining an accurate valuation. Improper use of Price Per Square Foot can make a home appear to be worth more or less than it’s actual value.  I wanted to dig in and discuss Read More

Luxury Real Estate Shifts

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  Sellers are accepting the reality of this market.  Patience makes deals. -Stefan   For Luxury Real-Estate, the ‘Year of Capitulation’ Published: Thursday, 2 Aug 2012 | 1:06 PM ET Text Size By: Robert Frank CNBC Reporter & Editor Source: luxuryportfolio.com Once for sale at more than $22 million, a California beachfront compound with a guest villa, tennis court and swimming pool is going Read More