– Citizens policyholders face multiple opt out notices If an owner covered by Fla.-owned Citizens wants to keep it, he must respond to all opt-out offers, and some have received many – at times from the same company. Apartment rents still skyrocketing Apartment rents surged 4.6% in 2015 –...
– 7% of first-time homebuyers 55 or older Last year, NAR calculated the median age of first-time homebuyers at 31, though almost one in 14 are 55-to-74. After age 75, however, it’s less than 1%. ‘Internet of things’ changing real estate industry Tech advances – such as 3D printing,...
– One minority group is on a buying boom The Asian American community has become the fastest-growing minority demographic in the country, and they have a widening stake in homeownership. Commercial RE: No reason yet to fear a bubble Thanks to the recession, a booming commercial market inevitably makes...
– Forget 140 characters: Tweet limits to expand Twitter’s rollout date and new character limit are still being discussed, but a tentative April debut could allow users to post up to 10,000-character tweets. Divorcing couples a unique Realtor market niche Couples splitting assets have specific legal and personal concerns...
– The housing recovery’s ‘missing link’ Many potential first-time buyers aren’t ready yet, but they could jump in quickly soon and cause a market boom when current owners realize they can now move up. Opinions about ownership less ‘rich’ after recession Homeownership once made people feel rich about personal...
– CFPB tells lenders not to worry about small mistakes The fed agency said the industry is in a transition phase with new mandatory mortgage disclosures, and it won’t audit each transaction and threaten heavy fines. Exciting 2016 forecast: ‘Normal’ real estate market Realtor.com lists five predictions for 2016,...
– Fla. home sales, prices up in Nov. NAR says U.S. home sales “dropped considerably” in Nov. due in part to longer contract times after mortgage disclosure changes – but Fla. sales still rose 1.9%. New-home sales move 4.3% higher in Nov. New U.S. home sales picked up in...
– Pinterest offers promoted pins to U.S. businesses Starting in Jan., Realtors who market via Pinterest can buy “promoted pins,” an advertising option that boosts posts and helps Pinterest compete with Facebook. Florida tops list of most-desirable states For the first time in 14 years, Florida is back on...
– Real estate’s impact from spending and tax deal Congress should pass its massive spending-tax bill today and the president is expected to sign it. Among other things, one tax provision helps Fla. homeowners. New video shows how Fla. lease tax hurts everyone A Business Rent Tax Coalition-created and...
– Housing starts surge 10.5% higher Single-family housing starts rose 7.6% to an 8-year high, while multifamily starts spiked 18.1% following a decline the month before. Will short sellers still get a tax break? As it stands now, a short-selling owner in 2015 must pay taxes on the amount...
