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Champions Club Trinity Update

November 5th, 2009 11:11 PM

RES - Buyer Full Report
RES - Line Item Report

Christian Bennett, REALTOR^®

Multi-Million Dollar Producer

Prudential Tropical Realty

Trinity Office

3126 Little Rd

Trinity, Fl 34655

Office (727) 847-4444

Fax (727) 847-1802

Direct/Cell (727)858-4588

WWW.CBENNETTPRO.COM

Delivering A World Class Experience...One Client at a Time.

Posted by Christian Bennett on November 5th, 2009 11:11 PMPost a Comment (0)

FOX WOOD HOMES FOR SALE

November 25th, 2009 4:49 PM

FOX WOOD TRINITY

RES - Buyer Full Report
RES - Line Item Report

Quick Comparative Market Analysis

CHRISTIAN BENNETT

SALLIE SWINFORD

Realtors/Fine Home Specialists

Multi-Million Dollar Producers

727-858-4588 Chris

727-247-3046 Sallie

WWW.MYTRINITYPRO.COM

TRINITY’S #1 SALES TEAM!!!!

Posted by Christian Bennett on November 25th, 2009 4:49 PMPost a Comment (0)

Just Listed! 0 Hays Rd Hudson, FL 34669

November 25th, 2009 4:44 PM

$230,000.00
0 Hays Rd

Hudson, FL 34669

Beds: 0	Rooms: 0
Full Baths: 0	Sq. Ft.: 0
Garage: 0	Built: 0

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.

If you have any questions
about this property or
require more information,
please feel free to call.

Christian Bennett
Christian Bennett, P.A. Prudential Tropical Realty
7278584588
www.cbennettpro.com

Visit this listing here

Posted by Christian Bennett on November 25th, 2009 4:44 PMPost a Comment (0)

Rates on 30-year mortgages sink, match record low

November 25th, 2009 4:36 PM

Rates on 30-year mortgages sink, match record low

Average rates on 30-year mortgages fall, matching record low reached in spring

On 11:32 am EST, Wednesday November 25, 2009

Average rates for 30-year fixed mortgages fell this week, matching a record low set last spring and more than a full percentage point below what they were a year ago, Freddie Mac said Wednesday.

Rates for 30-year mortgages averaged 4.78 percent this week, down from 4.83 percent last week and equaling the record low reached the week of April 30.

Freddie Mac has been tracking rates on 30-year fixed mortgages since 1971. Last year at this time, the 30-year fixed rate mortgage averaged 5.97 percent.

Interest rates began dropping last November, when the Federal Reserve began spending $1.25 trillion to buy up mortgage-backed securities in an effort to lower rates, loosen credit availability and bolster the long-suffering housing market.

Since April, rates have hovered near 5 percent, spurring refinance activity. However, credit standards remain stringent, so the best rates usually are available only to borrowers with solid credit and a 20 percent down payment.

Rates for 30-year fixed mortgages are now 0.8 percentage points below this year's peak set in mid-June. Refinancing at the current rate shaves roughly $100 off monthly payments on a $200,000 mortgage, said Frank Nothaft, Freddie Mac's chief economist.

Freddie Mac collects mortgage rates on Monday through Wednesday of each week from lenders around the country. Rates often fluctuate significantly, even within a given day, frequently in line with long-term Treasury bonds.

The average rate on a 15-year fixed-rate mortgage fell to 4.29 percent, down from 4.32 percent last week, according to Freddie Mac. The 15-year rate hasn't been this low since Freddie Mac started tracking it in 1991.

Rates on five-year, adjustable-rate mortgages averaged 4.18 percent, down from last week's 4.25 percent. Rates on one-year, adjustable-rate mortgages were 4.35 percent for the second consecutive week.

The rates do not include add-on fees known as points. The nationwide fee for loans in Freddie Mac's survey averaged 0.7 point for 30-year and one-year loans. The fee averaged 0.6 point for 15-year and five-year mortgages.

Get pre-approved:

Stacey D. Van Schenck

Mortgage Consultant

Capstone Home Mortgage, LLC

An Affiliate Of Wells Fargo Home Mortgage

MAC M1965-011

3126 Little Road

Trinity, FL 34655

(727) 842-6275 Tel

(866) 425-6407 Toll Free

(866) 406-7661 Fax

https://www.homeloans.com/wfhm/stacey-vanschenck/index.page

Posted by Christian Bennett on November 25th, 2009 4:36 PMPost a Comment (0)

Nearly 13 percent of all loans in Florida were in foreclosure, the highest in the U.S., followed by Nevada at more than 9 percent.

November 19th, 2009 10:45 AM

Mortgage delinquencies hit record-high in 3Q

Delinquencies and foreclosures set 9th straight record in 3rd quarter as layoffs keep rising

By Alan Zibel, AP Real Estate Writer

On 10:05 am EST, Thursday November 19, 2009

Print

WASHINGTON (AP) -- More than 14 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of September, a record-high for the ninth straight quarter and a problem that could threaten the economic recovery.

The Mortgage Bankers Association's report Thursday adds to fears that the housing market and broader recovery could be thwarted by the continuing surge in home loan defaults, especially as the unemployment rate keeps rising. Lost jobs, rather than the shady loans made during the housing boom, are now the main reason homeowners fall behind on their mortgages.

After three years of plunging prices, the housing market started to rebound this summer. While optimists hope the worst is over, pessimists say there are simply too many foreclosed properties that have yet to be dumped on the market and expect further price declines.

About 4 million homeowners were either in foreclosure or at least three months behind on their mortgage payments as of September, according to the mortgage bankers group. Even if a quarter of those borrowers are able to stay in their homes, "there's a lot of potential inventory coming into the market next year," said Jay Brinkmann, chief economist with the Mortgage Bankers Association.

Those foreclosures will push home prices downward, especially in the hardest-hit California and Florida cities, places that are also coping with soaring unemployment, he said.

The record-high foreclosure numbers are being driven by borrowers with traditional fixed-rate mortgages, rather than the shady subprime loans with adjustable rates that kicked off the mortgage crisis.

Fixed-rate loans made to so-called prime borrowers with good credit histories caused nearly 33 percent of new foreclosures in the July-September quarter, compared with 21 percent a year ago.

Subprime loans with adjustable rates have fallen to 16 percent of new foreclosures from 35 percent a year earlier.

Loans backed by the Federal Housing Administration also show increasing signs of trouble. More than 18 percent of FHA borrowers are at least one payment behind or in foreclosure.

Among states, the worst of the trouble is still concentrated in California, Nevada, Arizona and Florida, which accounted for 44 percent of new foreclosures in the country. Nearly 13 percent of all loans in Florida were in foreclosure, the highest in the U.S., followed by Nevada at more than 9 percent.

Posted by Christian Bennett on November 19th, 2009 10:45 AMPost a Comment (0)

Just Listed! 13402 Pine Lake Way # 202b Tampa, FL 33618

November 17th, 2009 9:18 AM

$90.00
13402 Pine Lake Way # 202b

Tampa, FL 33618

Beds: 2.0	Rooms: 0
Baths: 2.00	Sq. Ft.: 1024.00
Garage: 0	Built: 1973

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.

Visit this listing at Here

Posted by Christian Bennett on November 17th, 2009 9:18 AMPost a Comment (0)

Just Listed! 3720 Odom Dr New Port Richey, FL 34652

November 17th, 2009 8:55 AM

$149,999.00
3720 Odom Dr

New Port Richey, FL 34652

Beds: 2.0	Rooms: 0
Baths: 3.00	Sq. Ft.: 1625.00
Garage: 0	Built: 1974

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.

Visit this listing at Here

Posted by Christian Bennett on November 17th, 2009 8:55 AMPost a Comment (0)

Just Listed! 10736 Eveningwood Ct Trinity, FL 34655

November 17th, 2009 8:55 AM

$224,900.00
10736 Eveningwood Ct

Trinity, FL 34655

Beds: 5.0	Rooms: 0
Baths: 3.00	Sq. Ft.: 2350.00
Garage: 0	Built: 2001

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.

Visit this listing at Here

Posted by Christian Bennett on November 17th, 2009 8:55 AMPost a Comment (0)

Just Listed! 1507 El Pardo Dr Trinity, FL 34655

November 17th, 2009 8:52 AM

$649,500.00
1507 El Pardo Dr

Trinity, FL 34655

Beds: 4.0	Rooms: 0
Baths: 0	Sq. Ft.: 3568.00
Garage: 0	Built: 2005

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.

Visit this listing at Here

Posted by Christian Bennett on November 17th, 2009 8:52 AMPost a Comment (0)

Mortgage delinquencies hit another record in 3Q

November 17th, 2009 8:51 AM

Mortgage delinquencies hit another record in 3Q

Mortgage delinquencies peak again in 3rd qtr, but pace of growth slows for 3rd straight period

By Eileen Aj Connelly, AP Personal Finance Writer
On 6:50 am EST, Tuesday November 17, 2009

NEW YORK (AP) -- The pace at which people fell behind on their mortgages slowed during the summer for the third consecutive quarter, but the overall delinquency rate hit another record, a new report shows.

For the three months ended Sept. 30, 6.25 percent of U.S. mortgage loans were 60 or more days past due, according to credit reporting agency TransUnion. That's up 58 percent from 3.96 percent a year ago.

Being two months behind is considered a first step toward foreclosure, because it's so hard to catch up with payments at that point.

The rate was up 7.6 percent from the second quarter. That's a much smaller jump than the 11.3 percent rise in the second quarter from the first, and the 14 percent leap seen in the quarter before that.

While the slowing growth rate is a positive sign, the increase shows there's still a lot of problematic mortgages out there, said F.J. Guarrera, vice president of TransUnion's financial services division. The company doesn't expect the figure to start declining until the middle of 2010.

Two things must get better before mortgage delinquency rates start reversing themselves, he said: home values and unemployment. "Until we see improvement in both of those areas, it's possible that it will take longer for delinquency to improve," Guarrera said.

The statistics, which are culled from TransUnion's database of 27 million consumer records, show that mortgage delinquencies remain highest in the four states where the crisis has hit the worst.

-- In Nevada, the rate reached 14.5 percent, up from 7.7 percent a year ago.

-- In Florida, the rate was 13.3 percent, up from 7.8 percent last year.

-- In Arizona, the rate hit 10.4 percent, up from 5.5 percent in 2008.

-- In California, the rate jumped to 10.2 percent, from 5.8 percent last year.

North Dakota remained the state where mortgage holders most often paid on time, with just 1.7 percent delinquency, up from 1.4 percent last year.

TransUnion expects delinquency to rise to just short of 7 percent for the fourth quarter, compared with 4.6 percent for the 2008 fourth quarter. The rate may reach 16 percent in Nevada. Those states with the highest delinquency and foreclosure rates will likely continue to see depressed housing prices.

The average mortgage debt per borrower nationwide edged up to $193,121 in the third quarter, from $192,287 last year. The District of Columbia had the highest average mortgage debt per borrower at $359,788. The lowest average mortgage debt per borrower was in West Virginia at $97,265.

Posted by Christian Bennett on November 17th, 2009 8:51 AMPost a Comment (0)

Just Listed! 43 Friendship Ct Safety Harbor, FL 34695

November 10th, 2009 12:18 AM

$259,900.00
43 Friendship Ct

Safety Harbor, FL 34695

Beds: 3.0	Rooms: 0
Baths: 2.00	Sq. Ft.: 2280.00
Garage: 0	Built: 1998

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.

Visit this listing at Here

Posted by Christian Bennett on November 10th, 2009 12:18 AMPost a Comment (0)

Just Listed! 1224 Wolford Dr Trinity, FL 34655

November 9th, 2009 11:03 PM

$179,900.00
1224 Wolford Dr

Trinity, FL 34655

Beds: 2.0	Rooms: 0
Baths: 2.00	Sq. Ft.: 1835.00
Garage: 0	Built: 2004

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.

Visit this listing at Here

Posted by Christian Bennett on November 9th, 2009 11:03 PMPost a Comment (0)

www.WESELLTRINITY.com We Sell Trinity Sallie Swinford Christian Bennett

November 7th, 2009 6:07 PM

CHRISTIAN BENNETT

SALLIE SWINFORD

Realtors/Fine Home Specialists

Multi-Million Dollar Producers

727-858-4588 Chris

727-247-3046 Sallie

WWW.WESELLTRINITY.COM

TRINITY’S #1 SALES TEAM!!!!

Posted by Christian Bennett on November 7th, 2009 6:07 PMPost a Comment (0)

www.WESELLCHAMPIONSCLUB.com We Sell Champions Club

November 7th, 2009 6:04 PM

CHRISTIAN BENNETT

SALLIE SWINFORD

Realtors/Fine Home Specialists

Multi-Million Dollar Producers

727-858-4588 Chris

727-247-3046 Sallie

WWW.WESELLCHAMPIONSCLUB.COM

CHAMPIONS CLUB #1 SALES TEAM!!!!

Posted by Christian Bennett on November 7th, 2009 6:04 PMPost a Comment (0)

THE POWER OF PRUDENTIAL TROPICAL REALTY

November 7th, 2009 5:54 PM

Posted by Christian Bennett on November 7th, 2009 5:54 PMPost a Comment (0)

Great news…

November 5th, 2009 11:12 PM

Great news…

The U.S. House of Representatives has just voted (403-12) to extend and expand the homebuyer tax credit. It’s now on its way to the President for his signature!

You can view (and print) a one-page PDF document that outlines the final provisions using this link:

http://www.realtor.org/fedistrk.nsf/files/government_affairs_tax_credit_ext_chart_110409.pdf/$FILE/government_affairs_tax_credit_ext_chart_110409.pdf

The modifications in the column labeled “December 1 – April 30, 2010” become effective when President Obama signs the bill (he is expected to sign by tomorrow). All changes made to the current credit become effective on that date, as well.

Posted by Christian Bennett on November 5th, 2009 11:12 PMPost a Comment (0)