– RealtyTrac: Rental returns down in 59% of U.S. counties Counties in Jacksonville had year-over-year increase in potential rental returns; analysis found buying a home is more affordable than renting in 66% of U.S. counties. What might 6.5 million homeowners be missing? A financial services study finds that at...
– Bill protects second homes from flood ins. increases It’s a long shot in Congress, but two Fla. lawmakers will back a House bill that, if passed, would extend current flood ins. rate-increase protections to second homes. HUD issues final rule for communities’ funding Cities that want HUD affordable...
– Credit-risky buyers now have more options In healthy rebounds, a few lenders will lower credit standards to attract more business, and some now consider buyers who recently went through a foreclosure. USDA mortgage program fees to increase Oct. 1 The USDA’s Rural Housing Service will raise the cost...
– Miami condos seek Chinese buyers South Florida condo developers say South American demand has slipped, so they’re taking their product to China where demand is increasing.
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– NAR: ‘Buyers coming back in force’ Economist Yun cites rising mortgage rates as one reason because the initial phase “nudges people to make their decision now rather than wait until later.” Study: Speedy Internet boosts home values University of Colo. and Carnegie Mellon find fiber-optic connections – the...
– "Artificial amenities" jack up sales prices Study: It’s not just granite countertops and hardwood floors. A $1,000 per-student school funding increase, for example, is worth $570 more each year to buyers.
– Your business: 5 issues that will impact it Realtors who understand the market are getting ready. Two big changes on the horizon: Baby boomers’ needs are shifting as millennials enter the market. FAU study: Lower gas prices boost home sales The Fla. university studied home sales in Va....
– New Fla. laws go into effect July 1 A number of real estate-related bills passed by the 2015 Florida Legislature and signed by Gov. Rick Scott become effective tomorrow, July 1. U.S. home prices still going up – but not as fast SandP/Case-Shiller found a 4.6% year-to-year price...
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