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Nick and Cindy Davis

Wesley Chapel, Florida

Real Estate News and Information.

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Recent Comments

RE: Sellers Beware of Short Sale Scams
I couldn't agree with you guys more!  Thats w...
RE: Lawmakers seek to extend $8K tax credit
The New Hampshire estate market has been impacted...
RE: White House may extend homebuyer tax credit
I am hopeful this will become a viable considerati...
Hello from Utah!
And a welcome change it is! Huge sigh from Utah. W...
RE: Trying to sell? Clean up any neighborhood eyesores
Well said yaar; What you have mentioned is...

Nick and Cindy Davis

August 2009

Websites aid the search for a mortgage

Aug. 31, 2009
Although mortgage rates hover around 5%, the search for a good deal is still challenging. Read more.... [Read More]

Mortgage rates up slightly, still near record lows

Aug. 28, 2009
Tagged with: rea
Rates for 30-year home loans edged up this week to 5.14%, but remain close to record lows reached in the spring. Read more.... [Read More]

Economy: What’s good, bad

Aug. 27, 2009
Real estate is seeing price increases, stronger sales and bidding wars; but unemployment and foreclosures remain scary. Read more.... [Read More]

Fla. consumer confidence jumps 3 points

Aug. 26, 2009
Good news about housing and stocks lifts Florida’s consumer confidence GAINESVILLE, Fla. – Aug. 26, 2009 – Rising housing prices, stock market gains and the lack of any new setbac... [Read More]

Housing: Still a long road to full recovery

Aug. 25, 2009
The good news: You're likelier to find a buyer. The bad news: Sellers should still be prepared to slash their asking price. Read more.... [Read More]

State: Taylor, Bean, Whitaker must cease foreclosures, move home loans in 60 days

Aug. 24, 2009
On Friday, Fla.'s Office of Financial Regulation also ordered the company to halt late charges and adverse credit reports. Read more.... [Read More]

23% of Florida home loans past due or in foreclosure in second quarter

Aug. 21, 2009
In Fla., 12% of homes are in foreclosure, the MBA says; nationwide, 9% of owners have missed at least one payment. Read more.... [Read More]

New credit rating guidelines cut homeowners no slack

Aug. 20, 2009
The three main credit bureaus now log mortgage modifications, which can lower an owner's credit score by more than 50 points. Read more.... [Read More]

Home construction up for fifth month in a row

Aug. 19, 2009
New construction, up 37% since winter, should help the overall economy for the first time in three and a half years. Read more.... [Read More]

Task force urges foreclosure mediation

Aug. 18, 2009
A judicial court's final report calls for form changes, an Internet clearinghouse and mandatory mediation with lenders. Read more.... [Read More]

Home prices now affordable, but fear keeps many from buying

Aug. 17, 2009
It's hard to imagine better mortgage rates, prices or incentives; but fear keeps many buyers from entering the market. Read more.... [Read More]

High default risk seen on Taylor Bean loans

Aug. 14, 2009
In Fla., 1 of every 7 FHA loans issued by Taylor Bean at risk; and some post-closing buyers never received the money. Read more.... [Read More]

Fed says economy leveling, new indicators released

Aug. 13, 2009
The Fed delivered an economic vote of confidence and said it would slow expansion of emergency rescue programs. Read more.... [Read More]

Red flags signaled Ocala mortgage lender’s demise

Aug. 12, 2009
The quick shutdown of a large Ocala lender shocked some homebuyers, but many industry insiders saw it coming. Read more.... [Read More]

UF: ‘Cautious optimism’ for Fla. real estate

Aug. 12, 2009
GAINESVILLE, Fla. – Aug. 12, 2009 – Florida real estate won’t rebound until the job market improves, but investor confidence in the outlook for business and availability of money are... [Read More]

You didn’t really lose in housing free fall

Aug. 11, 2009
A UCF professor says homes have appreciated almost normally over time once you ignore the recent bubble and bust. Read more.... [Read More]

Foreclosure bargains are disappearing

Aug. 10, 2009
Some houses go under contract less than 90 minutes after they're put on the market, says the founder of Foreclosure.com. Read more.... [Read More]

Banks express hope for fed short-sale effort

Aug. 7, 2009
Proposal to standardize program would simplify docs, give cash incentives to lenders and $1,500 to borrowers. Read more.... [Read More]

U.S. considers remaking mortgage giants

Aug. 6, 2009
Fannie Mae and Freddie Mac could be freed of billions in bad loans if a new structure handles the troubled mortgages. Read more.... [Read More]

Mortgage aid program helping fraction of borrowers

Aug. 5, 2009
The Treasury released a report on banks' efforts to help at-risk owners, and BofA, Wells Fargo and others scored poorly. Read more.... [Read More]