• Michael Moulton & Annette Rogers
  • Sarasota's Finest Properties
  • Michael Saunders & Company
  • Licensed Real Estate Broker
  • 440 Gulf of Mexico Drive
  • Longboat Key, FL 34228
  • Office Phone: 941.383.7591
  • Toll Free: 800.209.0330

Real Estate News

Mortgage giants were blind to bubble
Mortgage giants Fannie Mae and Freddie Mac ? despite their robust cadre of economists and mortgage experts ? failed to heed warnings that the housing bubble would burst.
Candidates assess Fannie-Freddie rescue

Sept. 6: Both Sen. Barack Obama and Sen. John McCain talked about their views on the current loan crisis while on the campaign trail. NBC's Brian Mooar reports. (NBC News Channel)The historic takeover of Fannie Mae and Freddie Mac, which could come as soon as this weekend, moved to the forefront of the presidential campaign Saturday.


U.S. nears rescue plan for Fannie, Freddie

The headquarters of mortgage lender Fannie Mae is shown in Washington in this October 2006 photo. The government has prepared a plan to take control of troubled mortgage giants Fannie Mae and Freddie Mac, officials told the two companies, according to three sources familiar with the conversations.


Where home prices may actually ... rise?

Albuquerque, N.M., has experienced housing price declines since a peak in the third quarter of 2007. Nevertheless, it's a city that home builders and economists are bullish about for 2010 and beyond.Believe it or not, in the future people will be buying and selling homes. Some of them will even make a profit.


Realtors peddle homes to bike-happy clients

Kirsten Kaufman a realtor for Prudential Real Estate, right, and new home buyer Emily Gardner tour a house in Portland, Ore.With gas prices high, bicycles flying out of stores and a buyers' market for houses, a handful of real estate agents around the country are touting the two-wheeled appeal of their listings.


Mortgage rates dip for third straight week

Rates on 30-year mortgages fell for a third straight week, dropping to the lowest level since mid-July.


Condo foreclosures hurt others, too
When too many condominium owners lose their units to foreclosure, condo associations feel the financial pain.
Mortgage applications up for first time in weeks
U.S. mortgage applications rose for the first time in three weeks as interest rates edged lower, an industry group said on Wednesday.
Builders get creative to lure homebuyers

At Lennar's Esperto community in Santa Clarita, north of Los Angeles, the incentives were tied to six, finished row-style townhomes priced in the mid-$300,000 range. Buyers have to be able to close before Sept. 11, said Urban, the Lennar salesman.Homebuilders are always trying to sell their homes, but these days they have an extra incentive ? beating the clock.


In housing market, ?hints of a bottom?

Some news this week gave reason for cautious optimism. Sales of new homes posted an unexpected gain of 2.4 percent in July, and sales of existing homes rose 3.1 percent, more than expected.The ongoing slide in home prices seems to be nudging some buyers back into the market. But a broad recovery still faces headwinds of rising unemployment, tighter credit and a huge inventory of unsold homes.


America's Most Affordable Places to Retire
Factors like the cost of living, jobs and access to health services make these cities tops for those in their second acts.
Where Home Prices Are Likely To Rise
Recovery might be two or three years off, but in these 10 cities, homeowners can expect long-term appreciation.
America's Most Distressed Housing Markets
In these 10 cities, homeowners are taking losses on properties and selling within a year.