Bruce Gubnitsky | Bruce Gubnitsky

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Today’s News April 6, 2017

– Fla. 1 of 16 states that taxes investment homes more In 34 states, investment homeowners pay lower effective property tax rates than homesteaded owners, according to an ATTOM study. Music hits sour note at condo’s public pool Real estate QandA: If a condo association has a pool rule...

Today’s News April 5, 2017

– S. Fla. office market robust but slowdown looming? Low interest rates, job growth and a dearth of construction combined to create a prolific office market over the past five years, but some predict a slowdown. Experts: FHA rules will change before Fannie, Freddie tackled Experts see targeted legislative...

Today’s News April 4, 2017

– Floridians’ confidence hits 15-year high in March The 99 reading was the highest since March 2002 and second-highest since 2000 following a Feb. dip. All five components that make up the index increased. Fla. Legislature: Business rent tax cut advances The Senate – which is taking a different...

Today’s News April 3, 2017

– Intentional neighborhoods take root across country A new trend popping up is “village” communities. Individual owners agree to work together to build healthy families with adoptive or foster children. Watch out for deed restrictions A buyer may think a listing has great potential, but it’s best to see...

Today’s News March 30, 2017

– 30-year mortgage rate drops for second straight week Two weeks ago, the 30-year FRM hit its highest point of the year, but it dropped again this week to 4.14%. Most experts predict little change over the short term. Need flood insurance? It expires in six months On Sept....

Today’s News March 29, 2017

– NAR: Feb.’s pending home sales leap 5.5% Pending home sales rebounded sharply to the highest level in nearly a year and second-highest in over a decade. “The stock market’s continued rise and steady hiring in most markets is spurring significant interest in buying,” says NAR economist Yun. Fla....

Today’s News March 28, 2017

– Fla. a top state when comparing taxes paid to services received If ROI (return on investment) is applied to taxes, a WalletHub study ranks Fla. third in the nation for the value residents get from the state taxes they pay. NAR: This is the worst ‘housing drought’ ever...

Today’s News March 27, 2017

– Great American Realtor Days kicks off Realtors across Florida traveled to Tallahassee today for the first full day of Great American Realtor Days (GARD). When is a credit score not a credit score? CFPB, the U.S. consumer watchdog, fined Experian – one of the big three credit score...

Today’s News March 23, 2017

– U.S. new home sales rise despite higher mortgage rates Commerce Dept.: New home sales rose 6.1% in Feb. to the fastest pace since July, up about 13% from a year ago. Builders also have ramped up new-home construction. Realtor.com names top cities for millennials Economic growth and relative...

Today’s News March 22, 2017

– Could rising mortgage rates be good for housing? While higher rates make it more expensive for buyers, rising rates could also push fence-sitters into action and convince banks that they can approve more loans. NAR: Existing-home sales stumble in February Fla.’s housing market continues to see rising prices...