• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Bank-Owned Home Negotiating Takes Experience, Patience

Last month’s RealtyTrac foreclosure roundup showed that for the first time in a while foreclosure activity across the nation was on the increase. Largely due to an 11% month-over-month increase in bank repossessions (REOs), U.S. foreclosure starts increased 4% from the previous month. It wouldn’t be surprising if that kind of news winds up resulting in renewed buyer interest in West Palm Beach’s bank-owned home market. Daren Blomquist, RealtyTrac’s vice president, had

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Tight Supply Blamed for Weaker Pending Home Sales

Even though contract signings declined in December it was the 20th straight month where pending home sales increased on an annual basis.  The National Association of Realtors® (NAR) said that its Pending Home Sales Index (PHSI) fell 4.34 percent in December to 101.7 from 106.3 in November.  It was however 6.9 percent higher than in December 2011 when it was 95.1. The Pending Home Sales Index is a forward looking indicator

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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