– CoreLogic: Housing costs to rise 15% this year Higher home prices, mortgage rates and inflation will collectively make the typical inflation-adjusted mortgage payment go up 15%, economists predict. Fla.'s median prices, new listings up in Jan. Tight housing supply, rising median prices put pressure on potential buyers, Florida...
– Agreement on VOW listing displays expires in Nov. Ten years ago when the internet was young, NAR limited virtual-office website displays, but DOJ said that was wrong because it unfairly restrained competition. Are ultra-low mortgage rates gone forever? “I would say this has been a long time coming,”...
– 4 form changes go into effect today The form updates approved at Florida Realtors’ Mid-Winter meetings go live today and will be accessible via Form Simplicity and other forms vendors this morning. Florida Realtors' Tech Helpline – a business success The association’s in-house tech-support service debuted in 2001...
– U.S. home construction jumps 9.7% in January Commerce Dept.: Housing starts at a pace of 1.33M – the highest since Oct. 2016. Single-family starts up 3.7%, multifamily up 19.7% and building permits up 7.4%. Rent-to-own offers may be worth a second look If a seller receives no viable...
– Four form changes go into effect Feb. 20 The changes were approved at Florida Realtors’ Mid-Winter meetings and will be released in Form Simplicity and via Florida Realtors other licensed vendors. Study: First-time buyers tend to pay too much First-time buyers overpaid an average $2,200 (0.79 percent) for...
– 2017 ends with more Fla. home sales, price gains Florida Realtors: Single-family home sales up 1.2% over 2016, median price up 8%; condo sales up 2.9%, median price up 7.8%. Strong positive trends continued in 4Q. Consumer Financial Protection Bureau releases strategic plan The CFPB says it will...
– Court ruling overturned in 'Assignment of Benefits' case An owner with home damage has the right to assign insurance benefits to a contractor without getting his mortgage holder to agree to the arrangement. Thinking about a PACE loan? What you need to know Property Assessed Clean Energy (PACE)...
– Long-term mortgage rates climb for fifth straight week The average rate on 30-year, fixed-rate mortgages shot up to 4.32% this week from 4.22% last week – its highest level since Dec. 2016. Florida Realtors wins NAR's Triple Crown award RPAC sets a high bar for Realtor participation that...
– NAR: Most renters want to own a home New consumer survey says lifestyle changes are the top motivation to buy a home, followed by an improvement in finances and the desire to settle in one location. When parents lend you the downpayment If accepting a loan from the...
– Federal Reserve imposes new penalties on Wells Fargo The lender can’t expand unless it fixes mistakes, like charging unfair fees to lock in mortgage rates, opening fake accounts and force-placing unneeded insurance. Must emotional support animals obey condo rules? Real estate QandA: Can a condo association make rules...
