Bruce Gubnitsky

Today’s News February 7, 2012

– Aid for military families facing foreclosure Hope Now, a private lender alliance, will start to focus on military families at risk of foreclosure.

Today’s News February 6, 2012

– Survey: Apartment industry continues recovery Survey: Multi-family market continues upswing as developers play catch-up to growing consumer demand for rental housing. NAHB: Nearly 100 house markets improving Seven Fla. metro areas have shown consistent improvement for at least six months, with Miami new entrant on latest list.

Today’s News February 3, 2012

– Short sale sellers need to close in 2012 If lawmakers don’t extend break and a bank nixes $100K in short sale debt, it could cost a taxpayer in 25% bracket $25K.

Today’s News February 2, 2012

– CoreLogic releases 2011 home price stats Fla. better than nation overall with a 3.3% price drop compared to 4.7%; prices down only 0.9% without distressed sales. Florida Realtors to launch new data system soon Jan. 2012 report to launch new housing market data system; includes only statewide numbers...

Today’s News February 1, 2012

– Obama details broader housing refinance plan NAR-supported plan faces uphill battle; but, if passed, could help underwater owners refinance at lower interest rates. UF: Fla. consumer confidence surges upward in January U.S. consumers may be a tad gloomier, but Floridians’ outlook surged 7 points; economic expectations rose 14...

Today’s News January 31, 2012

– Consumer Confidence Index decreases slightly The Conference Board says American’s confidence rose in Dec., but it dropped back to Nov. levels in this month’s survey. HUD: Sexual identity a protected class Starting in March, all HUD-run programs will ban discrimination based on sexual orientation, including FHA mortgages. EEM...

Today’s News January 30, 2012

– NAR’s Confidence Index shows upswing Each month, Realtors’ market outlook improves, says NAR. In Dec., the index was 31.6 compared to 24.5 one year earlier. St. Joe Company has new real estate strategy It will cut back on current developments, including amenities, and possibly sell inventory at lower...

Today’s News January 30, 2012

– NAR’s Confidence Index shows upswing Each month, Realtors’ market outlook improves, says NAR. In Dec., the index was 31.6 compared to 24.5 one year earlier. St. Joe Company has new real estate strategy It will cut back on current developments, including amenities, and possibly sell inventory at lower...

Today’s News January 26, 2012

– Fla. No. 5 nationally as ‘best for business’ Tax Foundation: State ranks high for its business-friendly low tax burden in annual study based on dozens of provisions. 2011’s foreclosures lowest in four years RealtyTrac: Fla. seventh in number of owners facing foreclosure – 1 in 49 homes; process...

Today’s News January 25, 2012

– Pending home sales decline in Dec.; above year ago Slight 3.5% monthly decline follows two strongest months of contract signings since the homebuyer tax credit expired. High downpayments: More harm than good? UNC study: A QRM rule that mandates a 20% downpayment would push 61% of creditworthy borrowers...