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	<title>GSIG LLC</title>
	<link>http://www.gsigllc.com</link>
	<description>South Florida&#039;s REO Broker - Call 561.245.8843 or visit www.G-SIG.com</description>
	<lastBuildDate>Wed, 25 Jan 2012 15:01:42 +0000</lastBuildDate>
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	<item>
		<title>Broward County Home Prices Inch Up in 2011</title>
		<description><![CDATA[ [...]]]></description>
		<link>http://www.gsigllc.com/2012/01/broward-county-home-prices-inch-up-in-2011/</link>
			</item>
	<item>
		<title>5 Predictions for the Housing Market in 2012 in South Florida</title>
		<description><![CDATA[Buyers will be busy. Despite sluggish national numbers, South Florida sales were strong in 2011.  Furthermore,  economic conditions and consumer sentiment will continue to improve during this election year.
Foreclosures will increase. Analysts are concerned about the 1 million in “shadow inventory” -- homes that ultimately will go on the market for sale because the owners are in default or foreclosure.
Prices will soften. More foreclosures will bring down prices across the board, but declines may be limited to 3 to 5%. Which means, values will stabilize.
Interest rates will remain low. Count on historically low mortgage rates for as long as it takes to get the economy back on track.
Short sales will increase. Banks appear more willing to let owners sell for less than they owe, helping to clear the glut of “underwater” mortgages.

*** And starting in 2013, homeowners will be taxed on the amount the lender forgives, meaning more homeowners will be motivated to do deals. 
]]></description>
		<link>http://www.gsigllc.com/2012/01/5-predictions-for-the-housing-market-in-2012-in-south-florida/</link>
			</item>
	<item>
		<title>Interest Rates on 30-Year Mortgages Drop to All-Time Low</title>
		<description><![CDATA[According to a report by Freddie Mac this past Thursday, average interest rates on 30-year fixed-rate home loans dropped this week to 3.91%, matching all-time lows amid signs that the U.S. housing and manufacturing industries are rebounding.]]></description>
		<link>http://www.gsigllc.com/2012/01/interest-rates-on-30-year-mortgages-drop-to-all-time-lows/</link>
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		<title>GSIG INVESTMENT CLUB</title>
		<description><![CDATA[Are You Interested in Ramping Up Your Business in 2012?

Starting Jan 24 G-SIG invites you to join our weekly free investment networking group where we can network with other active investors. 

Not only are we showcasing all of our listings and pre listings, we will have guest speakers and we will be previewing some of the cherry deals. The key to successfully getting the best deals is to be able to jump on the cream of the crop properties before anyone else!! 
Our objective at G-SIG is to give our clients the competitive edge in this every fast changing marketplace. 
We will be having current market condition reviews WEEKLY so every one of our investor's has a solid understanding of where the market is and is headed. 

So brings your deals! Bring your needs! Bring your wants! Jjoin us every week for a networking meeting unlike any other!

This is a FREE event that will give everyone a competitive edge in this ever changing and fast paced market.

Tuesday, 
January 24, 2012

@ 2:00 PM

EMAIL marketing@gsigreo.com TO RSVP

or call 561.245.8843 X 510 

to reserve your spot now!

THE EVENT WILL BE HELD AT OUR OFFICE

7251 W. Palmetto Park Road, Suite 206
Boca Raton, Florida 33433]]></description>
		<link>http://www.gsigllc.com/2012/01/gsig-investment-club/</link>
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	<item>
		<title>Are Big Home Price Declines a Thing of the Past?</title>
		<description><![CDATA[Broward and Miami-Dade counties rank among the nation’s highest-performing major markets when it comes to home prices over the past quarter and year. According to Clear Capital, a California-based real estate research company, both counties saw a 2.1% increase in prices quarter over quarter and a 5.4% jump year over year. Broward/Miami-Dade ranked 11th on a list of the top 15 markets (Topping the list were Washington, D.C., and Hartford, Conn.). Clear Capital said it analyzed the county's 300 largest metro areas by population, so Palm Beach County was not part of the study.
]]></description>
		<link>http://www.gsigllc.com/2011/12/are-big-home-price-declines-a-thing-of-the-past/</link>
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	<item>
		<title>BREAKING NEWS: Refinancing Program For &#8216;Underwater&#8217; Homeowners Kicks Off TODAY</title>
		<description><![CDATA[Good news for "underwater” homeowners! Starting tomorrow, they can start submitting applications under a revised government program meant to make refinancing easier.

The Obama Administration announced this fall it’s making changes to the Home Affordable Refinance Program so more struggling homeowners can take advantage of it.

The government is doing away with a cap that prevented borrowers whose mortgages exceed 125% of the value of their homes from being eligible for the program. Other changes include reduced risk for lenders and lower fees for borrowers.]]></description>
		<link>http://www.gsigllc.com/2011/11/2932/</link>
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		<title>Report: Foreclosure Crisis has Just Begun</title>
		<description><![CDATA[Today, according to a report from the Center for Responsible Lending (a nonprofit agency formed to fight predatory lending), the nation isn't even halfway through the foreclosure nightmare. 

As of February, 2.7 million homeowners who received mortgages from 2004 to 2008 have lost their homes to foreclosure.  It estimates that 3.6 million households remain in serious jeopardy of losing their homes. The report states:  "It is notable that these serious delinquencies represent only a sub-set of likely foreclosures ahead, since they do not include foreclosures on loans originated (outside of 2004 to 2008) or those that are not yet at imminent risk."]]></description>
		<link>http://www.gsigllc.com/2011/11/report-foreclosure-crisis-has-just-begun/</link>
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	<item>
		<title>47% of all Mortgages in Palm Beach, Broward, and Miami-Dade Counties are “Underwater&#8221;</title>
		<description><![CDATA[According to third-quarter data from Zillow.com, around 47% of all single family homes with a mortgage in Palm Beach, Broward, and Miami-Dade counties are “underwater,” up from 42% a year ago.

The figure far surpasses the national average – about 29%. Las Vegas leads the nation, with more than eight out of 10 single family homes with a mortgage underwater. Reno is second at 71%, closely followed by Phoenix third at 66%.

On the bright side, the Obama administration has announced plans to help more homeowners refinance underwater mortgages.

Other South Florida stats from Zillow:

• The region’s home value index in the third quarter was $138,200, down 3.5% from a year ago.

• Values have fallen about 55% since peaking in June 2006 and are now back to the level of May 2002. (Nationally, home values have fallen 29% since the 2006 peak)

• About 44% of all South Florida homes sold in September sold for a loss, down from 49% a year ago. (Nationally, 34% of all homes sold for a loss in September).]]></description>
		<link>http://www.gsigllc.com/2011/11/47-of-all-single-family-homes-with-a-mortgage-in-palm-beach-broward-and-miami-dade-counties-are-%e2%80%9cunderwater/</link>
			</item>
	<item>
		<title>Bank of America Offering $20K to Florida Homeowners</title>
		<description><![CDATA[Bank of America, the nations' largest mortgage servicer has just announced a new program that offers up to $20,000 to Florida homeowners who short sale their homes. While the program has several requirements, it could be a windfall for homeowners who are behind on their mortgage payments and are willing to avoid foreclosure.]]></description>
		<link>http://www.gsigllc.com/2011/10/bank-of-america-offering-20k-to-florida-homeowners/</link>
			</item>
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		<title>Home Prices Decline in Broward &amp; Palm Beach Counties</title>
		<description><![CDATA[Today Florida Realtors announced that Broward County’s three-month run of home price increases ended in September. The county’s median price for existing homes was $188,800, which is down 7% from September 2010. Broward prices have been relatively stable this year, and the county has been one of the best-performing markets in the state.]]></description>
		<link>http://www.gsigllc.com/2011/10/home-prices-decline-in-broward-palm-beach-counties/</link>
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