Olick – half of all mortgages are underwater “A new report on still-falling home prices today highlights the fact that the lower those prices go, the more American borrowers fall into an negative equity position; that is, they owe more on their mortgages than their homes are worth.  Most analysts will tell you that negative [...]

There is something very interesting happening with the Brevard County real estate market…. Ok, in January of 2011 there were over 5200 single family homes for sale here in Brevard County.  When we were at the peak of the busted bubble and everyone was trying to bail out in 2007 or so, we had over [...]

Hello Everyone! Well it is that time again when we look at the real estate numbers for February 2011.  First, take a look at what is going on Nationally by watching the video below.  It is a video produced by NAR (National Association of Realtors).  This video will give you the big picture for the [...]

Hello Everyone, I just wanted to update everyone that home values fell a whopping 3% from August to September!  This is staggering to see these high numbers again.  Although, it was expected after the tax credit boost ran out.   In August, median home values were at $101,400.00 and in September, the new median home value was [...]