– Fla. shuts down home warranty company Insurance Commissioner Kevin McCarty says American Fidelity Services (AFS) isn’t licensed in Fla. State Farm requests insurance increase Property insurer wants average 15% statewide increase, though homeowners would also get new deductibles to consider.
– How to work with a housing counselor Owners facing foreclosure can get free advice from HUD, but only 13% do so; 50% first turn to family or friends. UF: Fla. consumer confidence down four points in June UF: Floridians’ outlook dropped a bit in June even though home...
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– National consumer confidence index dips in June Consumer confidence index now at 62.0, down from 64.4 in May; but people were more positive about current conditions. HouseLogic offers $20,000 home renovation Boost Your Roost contest: Homeowners can submit their renovation plans. Project will be videotaped and posted online.
– Preparation is key to applying for a mortgage Preparation key when applying for a mortgage, says bankers assoc. It’s a big decision – spend time studying the market.
RICH KARLGAARD: In Williston North Dakota, they are paying $20 per hour at a McDonalds franchise to compete with oil field labor. The Keystone Pipeline, Rick Ungar cited 20,000 jobs, and that’s correct but the spinoff factor is more like a 10x factor of 200,000 jobs, numerous groups have...
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– Florida TaxWatch: Amendment 4 a good thing Complete study – now on floridarealtors.org – finds passage would create jobs, grow Fla. GDP and boost personal income. http://www.floridarealtors.org/LegislativeCenter/TopInitiatives/upload/Amendment4-study-Tax-Watch.pdf Do lower home values harm college students? NAHB analysis: Gov’t data shows connection of rising student debt, onset of housing slump...
– NAR: Existing home sales constrained by tight supply in May, prices up Fla. housing market continues positive track in May Single-family sales up 7.2%, prices up 8.9%; condo sales up 5.4%, prices up 14.3%. NAR: May sales up 9.6% over year ago. HUD, Fla. condo association reach discrimination...
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