Davidson Realty’s free webinar series will feature important information for renters and homeowners alike in March. Webinars are online seminars open to the public. You only need a computer to log-on and attend the webinar of your choice from the comfort of your office or home. The web-based seminars last 20 to 40 minutes followed by a question and answer session. Each webinar is lead by Davidson Realty, Inc. President Sherry Davidson, along with a subject expert. The following presentations will be offered:
For Renters: Protecting Yourself in the Event of a Foreclosure
March 4, 2010 at 11:00 a.m. EST
Register at https://www1.gotomeeting.com/register/780681256
Elsie Evans of Davidson Property Management, along with Davidson Realty President Sherry Davidson explains the affect a foreclosure can have on tenants and how to protect yourself as a renter.
Home Appraisals in Today’s Market
March 18, 2010 at 11:00 a.m. E.S.T.
Register at https://www1.gotomeeting.com/register/428249121
Join Todd Oakes, co-owner of Accredited Appraisal Assoc. of Northeast Florida, Inc.,
and Davidson Realty President Sherry Davidson to hear the latest about
appraisals in the current real estate, including tips and advice for making sure your
home is valued fairly.
If you missed a previous webinar, check out our webinar library. Log on to http://www.davidsonrealtyinc.com/webinars.
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If you have been reading my market analysis for the last few months, you probably think you can skip this one because I have been saying the same thing over and over. Well this month brings a few surprises.
My first surprise is that closed sales for January 2010 were about 40% less than December 2009. There were 1,316 closings in November, 1,365 in December and 834 in January.
This looks like very negative news, but I believe the reason for the decline in closings was mainly due to short sales. We saw lenders approving and closing short sales in December to get them closed by year end. Maybe the holidays were also a factor, but we did not see any short sales making it through the process in January. (more…)
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Recently I was having a conversation with friends concerning the advantages of renting their property. After we were finished with our discussion, I decided it might be worthwhile to pass along the information.
My friends have two houses. They live in one and the other is up for sale. However, it is not selling, so they are carrying two mortgages. At this point, they are not behind in either of their mortgages, but it is a major struggle to stay current and it is getting harder every month to make both mortgage payments.
I asked them why they don’t rent the house that they’re not living in to help defray their cost. The rental market is absolutely excellent right now and I believe it will remain that way for a long time. They said their mortgage is $2,000 a month and they can only get about $1,500 if they rent it. (more…)
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