APRIL  2012

The following is a list of “beach” properties either privately or publicly for sale by various agents.

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Bank of America streamlining short-sale procedures

BY INMAN NEWS, TUESDAY, APRIL 10, 2012.

Bank of America says it’s making changes to its short-sale procedures that will shorten decision times on short sale offers to 20 days, down from 45 days or longer.

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Rentals Continue to Outshine Purchase Market, Home Values Still Plagued By Foreclosures

By Stan Humphries

April 9, 2012

The February Real Estate Market Reports show that national home values decreased
0.5% to $145,400 from January to February. On an annual basis, this represents
a 4.5% decline (See Figure 2). The Zillow Rent Index, which measures median
rent prices from month to month, shows the rental market continuing to outshine
the for-sale market (See Figure 1). Annually, national rents have appreciated
2.0%. National monthly rents, however, are down due to seasonality.

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30-Year Fixed-Rate Mortgage Down to 3.98 Percent

MCLEAN, Va., April 5, 2012 /PRNewswire/
– Freddie Mac (OTC: FMCC)
today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates changing little from the previous week with the average 30-year fixed-rate mortgage remaining just below 4.00 percent for the second consecutive week.

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The Housing Recovery

by Carla Hill

Economists and real estate experts have discussed, debated, and driven
home the important role a housing recovery has in helping the overall economy
recovery.
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Real estate professionals optimistic about home values

By Teke Wiggan

April 2, 2012

With signs that a real estate recovery may be kicking into gear, a new survey shows
a sharp increase in optimism among real estate professionals about the
direction of home values.
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Investment and Vacation Home Sales Surged in 2011

WASHINGTON (March 29, 2012) – Sales of investment and vacation homes jumped
in 2011, with the combined market share rising to the highest level since 2005,
according to the National Association of Realtors®.

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Home prices fall to 2002 levels

By Les Christie

March 27, 2012

NEW
YORK (CNNMoney) — The housing market started off the new year with a thud.
Home prices dropped for the fifth consecutive month in January, reaching their
lowest point since the end of 2002.
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Pending Home Sales Ease in February but Solidly Higher Than a Year Ago

March 26, 2012

Pending home sales were down slightly in February but remain notably
above the pattern in the first half of last year, according to the National
Association of Realtors®.
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