Fla. court OKs using non-judges on foreclosures - Cheryl Hilty/Era Real Estate

Fla. court OKs using non-judges on foreclosures - FOX 35 News Orlando
for a easy search of bank owned/short sale homes in Central Florida go to
http://www.mountdorawaterfronthomes.com
or email Cheryl Hilty at 352-638-5688

Vacation Homes in Central Florida-Cheryl Hilty Mount Dora Real Estate

You might be surprised to hear that more and more people are buying vacation homes. The real estate market has been fairly sluggish the past few years in general, so what’s prompting this interest in these types of homes? Buyers investing in vacations homes are doing so for a few reasons.
These are the main factors that help explain the upsurge in vacation home sales in the past two years:

• Prices are low: Home buyers can get vacation homes at very affordable prices compared to how much they cost in the past, especially in certain areas, like Colorado, Maryland and Virginia.

• More spending money: Vacation home buyers are typically a bit older than residential home buyers and tend to have a higher income. Most have made good investments in the stock market over the years as well, which has made a strong recovery.

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• They’re good investments: Some investors have been buying up foreclosures at low prices and turning them into lucrative vacation rentals.
• CONTACT-CHERYL HILTY AT LAKECOUNTYLAKEFRONT@HOTMAIL.COM
• DO A EASY SEARCH OF BANK OWNED, WATERFRONT, RETIREMENT HOMES http://www.cherylhiltyretirementhomes.com 

Florida Real Estate Market on the Rebound/Cheryl Hilty Era Real Estate/Lake County Florida

As ‘Foreclosure’ and ‘For Sale’ signs popped up like weeds, many Canadians – retired snowbirds and keen investors alike – started taking interest. Florida prices plunged more than 40 per cent peak-to-trough on the FHFA Index and top destinations such as Orlando experienced a 56 per cent drop in prices from an average $258,000 (U.S.) at the peak, down to $113,400 in 2011. Rock bottom prices and a high exchange rate made purchasing U.S. property an attractive proposition for northern neighbours. According to the National Association of Realtors, nearly a quarter of home sales in the 12 months ending in March 2012 were by Canadians.
Times, however, are changing. A 2012 report from BMO indicates that while the housing market in Florida is relatively stressed, the worst is over. “Florida was one of the epicentres of the housing bubble-bust cycle, but there are mounting signs that a recovery is under way,” it said.
Economists indicate that the Florida economy is recovering at a modest pace with real GDP expected to grow 1.9 per cent in 2013.
If you are interested in purchasing a home in Central Florida, Contact Cheryl Hilty at
352-638-5688 or email Cheryl Hilty at LakecountyLakefrontHomes.com
website:
http://www.mountdorawaterfronthomes.com