News & Events » Bruce Gubnitsky

News & Events

Today’s News June 18, 2019

– May home construction slips 0.9% Construction dropped in every region except the South, which includes Fla., where it rose by 11.2%. NAHB economist says prices remain high relative to incomes. Lenders must accept private flood insurance policies after July 1 Buyers may have another option if national flood...

Today’s News June 17, 2019

– Rental scams so common that some owners police Craigslist The rental-home scam ruins vacations and hurts owners who must turn families away, but they’re almost common now on sites like Craigslist and even Zillow. Opportunity Zones: Real estate dominates the tax breaks It takes 10 years for Opportunity...

Today’s News June 14, 2019

– Commercial RE executives bullish on U.S. market While an economic slowdown seems possible, commercial polled don’t appear fazed and anticipate significant investment money from China, Canada and even Mexico. More economists predicting interest rate cut A Wall Street Journal poll of 46 economists found that 75% expected a...

Today’s News June 13, 2019

– Citizens insurance grapples with AOB lawsuits While assignment-of-benefit reform should lower insurance costs, Citizens still faces 14K lawsuits – and some fear people will find new ways to work the system. A condo doesn't allow pets – what about service animals? Legal QandA: An owner who rents out...

Today’s News June 12, 2019

– Remodeling: Labor shortage creates frustration and adds time The construction industry has about 300K unfilled jobs and is projected to need 747K more workers by 2026. Demand is high and remodelers have the upper hand. 3 out of 4 millennials think they know how to sell a home...

Today’s News June 11, 2019

– Fla. economy poised for long, positive run Wells Fargo report: Fla. economic growth continues to outpace the nation this year and is “particularly noteworthy given the severity of the Great Recession.” NAR submits legal support for association health plans Association Health Plans (AHP) can offer low-cost, high-coverage to...

Today’s News June 10, 2019

– Fannie Mae: Green buildings save renters $145 per year Report: 550K renters saved $72M over six years because their units had energy-efficient lightbulbs, low-flow toilets and green heating and cooling systems. Gov. DeSantis signs bills on open permits, online notaries Open and expired permits can delay closings, but...

Today’s News June 7, 2019

– Will the Fed cut interest rates this month? It appears that a gloomy economic outlook and trade tensions might coerce the Fed into lowering interest rates, which directly impact ARMs and, indirectly, FRMs. 2 Fla. metros in top 10 'best markets for homebuyers' A Realtor.com study of homes...

Today’s News June 6, 2019

– Fla. real estate license fees cut 50% for two years Gov. DeSantis and DBPR joined FREC in announcing the fee change for 200,000 licensees in Florida. The temporary reduction, which ends after March 31, 2020, lowers renewal fees by 50% for real estate brokers, sales associates and broker...

Today’s News June 5, 2019

– The essential guide to hurricane preparedness It’s day six of the 2019 Atlantic Hurricane Season: Do you know where your batteries are? It’s also the last day to save on hurricane supplies’ sales taxes. Builders release list of their top legislative priorities NAHB is meeting lawmakers in Washington...
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