Showing posts with label Miami News. Show all posts
Showing posts with label Miami News. Show all posts

Wednesday, June 25, 2014

German trade mission expands Florida Realtors' reach

"Florida's real estate market has recovered," was the message Florida Realtors President Sherri Meadows shared on a recent trade mission to Germany.



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Fla. consumer confidence hits post-recession high

UF: Floridians' overall confidence rose four points to 82 in June after stagnating in the high 70s for more than a year. Both short- and long-term outlooks rose.



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Tuesday, June 24, 2014

RealtyTrac: Home prices up 13% due to high-end sales

In May, Fla. again led nation in short sales. Top deal: Homes built between 1950 and 1990 sold at a 29% discount if in negative equity with an auction scheduled.



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Realtor.com and Bankrate launch mobile mortgage app

App users can view a listing and see if what type of mortgage makes ownership possible; or they can select a mortgage and search only the listings that qualify.



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Consumer confidence up for second month

U.S. consumers are more optimistic about their current finances, and their outlook for the future grew a bit rosier too. The Index now stands at 85.2.



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Monday, June 23, 2014

Florida Realtors May sales report finds stability

Higher prices, more listings and a 3.6% single-family sales increase suggest market balance. NAR reports nation's highest monthly sales increase in three years.



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Mortgage preapprovals make comeback in hot markets

A preapproval, which includes a credit check, carries more weight than a pre-qualification, and some smaller lenders now offer them to get a competitive edge.



via FloridaRealtors.org News http://ift.tt/1qEUm5o

NAR: Month-to-month sales increase highest in almost three years





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Friday, June 20, 2014

Homelessness: Gov. signs bill, HUD allocates money

The fight against homelessness received two boosts: Gov. Scott signed a bill backed by Florida Realtors today, and HUD allocated $10M for Fla. programs.



via FloridaRealtors.org News http://ift.tt/1w3ZEHA

Thursday, June 19, 2014

International buyers bolster Fla.'s housing market

Fla. TaxWatch: The state will see 60K homes sold to foreigners by 2016, with 90% of buyers coming from Latin America, the Caribbean, Canada and Europe.



via FloridaRealtors.org News http://ift.tt/1oLHpXC

RealtyTrac releases first-ever disaster ratings

Mother Nature is kind to Fla. The risk of any natural disaster along most of the coastline is only "medium" when it comes to hurricanes, tornadoes and earthquakes.



via FloridaRealtors.org News http://ift.tt/1lL6Roc

Realtor.com bogs down in cyber attack

The operator of realtor.com, Move Inc., says the website slowed to a crawl thanks to a denial of service attack. Move is working to fix the problem.



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Wednesday, June 18, 2014

SunTrust settlement to benefit Floridians

Foreclosure settlement requires SunTrust to modify loans for some borrowers – including principal reduction and/or refinancing – as a result of alleged abuses.



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Tuesday, June 17, 2014

'Boomerang' buyers get second chance

Lenders report an uptick in ex-homeowners checking the finance options to buy a home again. An FHA program requires only a one-year wait after a distressed sale.



via FloridaRealtors.org News http://ift.tt/1kKP0gI

Monday, June 16, 2014

Gov. Scott signs Fla. flood insurance bill

The new law, effective immediately, encourages private insurers to enter the Fla. market by giving them rate-setting flexibility and reduced regulatory burdens.



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Expect stronger enforcement of RESPA violations

Fully effective today, a different U.S. agency oversees mortgage referral violations. The law hasn't changed, but real estate industry expects closer scrutiny.



via FloridaRealtors.org News http://ift.tt/1qlr4IQ

Thursday, June 12, 2014

ENVY award deadline fast approaching

Encourage environmentally conscious Fla. developers to enter to win Florida Realtors' environmental (ENVY) award. But they need to act soon: Deadline is July 8.



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7 budget-friendly retiree havens

The Daytona-Deltona-Ormond Beach area tops AARP The Magazine's 2014 list of the best places where retirees can live comfortably on modest incomes.



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NAR: New home construction needed to match job creation, improve affordability

NAR: Some states could face housing shortages and affordability issues unless housing starts increase to match up with local job creation.



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Tuesday, June 10, 2014

NAHB: Leading Markets Index shows 56 metros at or above normal levels in June

NAHB's Leading Market Index reports 56 metros at or above normal levels in June, a net gain of nine metro areas year-over-year.



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