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Issue #28 April 6th, 2009
Your Bi-Weekly Newsflash from
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A quick dash of news you need to hear
 
In This Issue
You're Invited to Our Open House
Short Sale Progam to Continue?
You Are Invited!
Open House 
Presented by
Infinity Abstract & Title
3450 Buschwood Park Drive
Suite 165
Tampa, Florida 33618
P: 813-931-0840  F: 813-931-8935

 Friday, May 6th
11am - 2pm
RSVP 813-931-0840 

 Come join us for an Italian-inspired lunch
catered by Nikki Bowen
 
Relax and enjoy a free massage
from Merry Morris with Aerial Arts
 
Mix and Mingle with fellow agents -
Exchange cards and share listings information
 
Door Prizes will be raffled for those in attendance
 
Questions?  Need Directions?
Contact Nikki at 727-612-2724 or via email
at nikki@infinityabstracttitle.com

 
We hope to see you there!
Real Estate Pros Want Pre-Approval Short Sale Program to Continue

Area real-estate professionals are hoping Fannie Mae continues a limited pilot program aimed at facilitating short sales, especially as local foreclosure filings continue to hit record highs.

Since its January launch, the program has prevented at least a handful of homes in 11 Florida counties - including Manatee and Sarasota - from falling into foreclosure by making it easier to sell them for less than their outstanding mortgages.

The project initially was scheduled to last three months, but officials with a regional listing service said Wednesday they're hoping to persuade Fannie Mae to extend it.
 
Read on...
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3450 Buschwood Park Drive
Suite 165
813-931-0840
Tampa Bay Market Indicators: 
 
Florida existing home sales:
(month-to-previous-year comparison)
20%
 
Florida existing condo sales:
(month-to-previous-year comparison)
15%
 
Florida existing home median price:
$141,900
 
Florida existing condo median price:
$109,300
 
Florida consumer confidence: 
65
 
National existing home sales: 
(month-to-previous-month comparison; all housing types)
5.1%
 
National existing home median price
$165,400
 
National (Freddie Mac) mortgage rate
(all housing types)
4.85%
 
I hope you enjoyed this week's newsletter.
 
Sincerely Yours,
 

 
Michael C. Blickensderfer, Esq. 
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This excerpt is not meant to substitute for legal advice in any way.  If you have a legitimate legal question, please contact our office and speak with an attorney. 
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