Bruce Gubnitsky | Bruce Gubnitsky

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Today’s News September 18, 2018

– The best cities to own rental property in Fla. Forbes crunched fed data to determine which U.S. cities offer the best return for a real estate investment; in Fla., Orlando, Tampa and Jacksonville ranked high. The recession 10 years later: Big changes in RE market American financial systems...

Today’s News September 17, 2018

– Lack of flood insurance heaps misery on N.C. homeowners Flood damage will hurt about 250K N.C. homes but only 3% have flood insurance – many owners outside FEMA high-flood zones didn’t think it necessary. Most vacation buyers want income – not family getaways Study: In the 1970s, 9...

Today’s News September 13, 2018

– Mortgage rates rise for third straight week The one-two punch of strong job and consumer credit growth drove FRMs up to 4.6%, the highest since Aug. 2 and biggest year-to-year increase since May 2014. Mortgage fraud up 12.4% – Fla. still a top state CoreLogic: 1 in 109...

Today’s News September 12, 2018

– HUD charges Fla. company with national-origin discrimination HUD claims that Advocate Law Groups of Florida violated the Fair Housing Act by intentionally targeting Hispanic families with promises of mortgage help. Suburbs are again growing faster than cities A few years ago, cities appeared to be growing even as...

Today’s News September 11, 2018

– Bill could help RE agents and gig workers get mortgages There’s a bipartisan push underway on Capitol Hill to make the home-mortgage process a lot easier for buyers who don’t hold a traditional 9-5 job. Invest in yourself at YPN's 'Next Wave' conference It’s a strategic career move:...

Today’s News September 10, 2018

– Study: Innocent RE behaviors may perpetuate racial divides Why do many cities still have racially divided neighborhoods? A study in Houston found some innocent practices, such as pocket listings, favor white buyers. 1 year after Irma: Commercial biz still needs ins. money Some properties weren’t completely covered; others...

Today’s News September 6, 2018

– Average mortgage rates tick up – 30-year at 4.54% Long-term U.S. mortgage rates ticked up this week for the second straight week – substantially higher than a year ago thanks to a strengthening economy. U.S. home flipping hits almost four-year low in 2Q Homes flipped in the second...

Today’s News September 5, 2018

– New tax laws boosting Fla.'s luxury housing market The law’s $10K limit on local tax deductions crippled luxury sales in the Northeast but boosted sales in S. Fla., with New Yorkers top searchers in Miami’s MLS. Good Neighbor Awards focus on members who care about others NAR’s awards...

Today’s News September 4, 2018

– Starter-home affordability hits a decade low Here’s why the U.S. housing market is cooling: Starter homes are more costly to purchase than at any time since 2008 when the last boom came to a crashing halt. More first-time buyers qualify – mainly from FHA loans New loans with...

Today’s News August 31, 2018

– Moodys buying commercial RE data provider Reis for $278M Reis provides analysis and forecasts for 275 metro areas and 7,700 submarkets in areas like multifamily, affordable housing, office, retail and more. Credit freeze or lock? Time to rethink your protection Credit freezes and unfreezes with the three major...