Kevin J Cooney - Broker Associate, Realtor

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  • More people losing property for late tax payments

    Thousands of Tampa Bay area residents have lost property after falling behind on their mortgages and even homeowners association dues. But there’s a third way people are losing homes and land: delinquent property taxes. In the first nine months of this year, the owners of more than 200 properties in Hillsborough County have lost them in ...
    Posted to Kevin J Cooney (Weblog) by 785427 on August 31, 2011
  • Economic slowdown impacts commercial markets

    Commercial real estate vacancy rates are flat, and projections for improvement have been moderated because economic growth and job creation have been weaker than expected, but modest improvements are expected over the coming year, according to the National Association of Realtors®.   Lawrence Yun, NAR chief economist, said the weakening ...
    Posted to Kevin J Cooney (Weblog) by 785427 on August 26, 2011
  • Florida’s existing home, condo sales up in 2 Quarter 2011

    Florida’s existing home and existing condo sales experienced an upswing in the second quarter of 2011 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. Existing home sales rose 1 percent in 2Q 2011 with a total of 52,421 homes sold statewide; during the same period the year ...
    Posted to Kevin J Cooney (Weblog) by 785427 on August 11, 2011
  • Housing shortage likely coming, report says

     Within the next decade, 16 million new housing units will be needed to meet population growth and shifting demands, according to Harvard University’s Joint Center for Housing Studies in its latest annual “State of the Nation’s Housing” report. That means household growth, which has dropped drastically in recent ...
    Posted to Kevin J Cooney (Weblog) by 785427 on June 13, 2011
  • Nationwide Open House event spotlighted homeownership

     More than 300 National Association of Realtors member organizations, including several local Realtor associations in Florida, and a number of foreign affiliates took part in a global open house event over the weekend of June 4-5. NAR President Ron Phipps said real estate agents challenged with moving homes in a tough market environment had ...
    Posted to Kevin J Cooney (Weblog) by 785427 on June 6, 2011
  • Nationwide Open House weekend opens doors to homeownership

     Did you know? Nearly half of all homebuyers visit open houses during their home search. This weekend, those numbers may swell as buyers across the country take advantage of the Realtor Nationwide Open House. “Realtors bring value to homebuyers and sellers, and this weekend, Realtors are bringing them together through the Nationwide ...
    Posted to Kevin J Cooney (Weblog) by 785427 on June 3, 2011
  • Local Markets heat up with investors

    Real estate investors, by three to one, will be more active in their local markets compared to typical homebuyers in the next 24 months; and 69 percent of investors say it’ll be easier to find properties in the near future, according to a survey of real estate investors released by Move, Inc., the management company overseeing ...
    Posted to Kevin J Cooney (Weblog) by 785427 on May 31, 2011
  • Pending home sales fell in April

    Pending home sales fell in April following increases in February and March, with unusual weather and economic softness adding to ongoing problems that are hobbling a recovery, according to the National Association of Realtors®. The Pending Home Sales Index (PHSI), a forward-looking indicator based on contract signings, dropped 11.6 percent to ...
    Posted to Kevin J Cooney (Weblog) by 785427 on May 27, 2011
  • Lenders now own 872,000 homes

     U.S. banks and money lenders now own 872,000 homes, a number that could more than double in the coming years, real estate research firm RealtyTrac said. The current number of properties owned by banks and lenders is nearly double what they owned in 2007, before the housing market began to collapse, The New York Times reported ...
    Posted to Kevin J Cooney (Weblog) by 785427 on May 24, 2011
  • Mortage forms to get more consumer friendly

    Borrowers may soon have an easier time sorting out all of those key details and expenses associated with their mortgage as well as more easily compare loan terms when trying to shop around for a mortgage that works best for them. The Consumer Financial Protection Bureau recently unveiled its “Know Before You Owe” project and ...
    Posted to Kevin J Cooney (Weblog) by 785427 on May 23, 2011
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