Bruce Gubnitsky | Bruce Gubnitsky

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Today’s News June 29, 2015

– NAR: May’s pending home sales hit nine-year high NAR’s chief economist says it’s “encouraging to now see a broad-based recovery with all four major regions showing solid gains from a year ago.” Florida consumer sentiment bounces back in June UF: Floridians’ outlook brightened a bit this month, led...

Today’s News June 26, 2015

– Florida Realtors: Take safety precautions for 4th Many Florida residents will celebrate the holiday weekend traveling to beaches or visiting. Remind owners to protect their residences while they’re away.

Today’s News June 25, 2015

– First-time buyers grab a bigger share of the real estate market Recent survey found first-time buyers accounted for nearly 39% percent of home purchases in May – highest since Aug. 2010. Single-person households are on the rise Census: Single-person households now make up the second-most-common household type in...

Today’s News June 24, 2015

– New date for RESPA disclosure rules: Oct. 3 The new disclosure rules will start Oct. 3, 2015, but the change doesn’t cancel previously announced enforcement buffer period for “good faith” compliance. Florida Realtors part of business mission to France Pres. Barbar, CEO Martin joined Gov. Scott, other business...

Today’s News June 23, 2015

– U.S. new-home sales in May climb to best levels since 2008 Sales rose 2.2% in May to a seasonally adjusted annual pace of 546,000 and it’s up 24% year-to-date. The supply of new homes was 4.5 months in May. Redesign ideas to grow old with Many people prefer...

Today’s News June 22, 2015

– Fla.’s housing market: Prices up, inventory tighter Florida Realtors May report: Single-family sales up 7.7% year-to-year, price up 11.1%; condo price up 9.7%. U.S. single-family sales up 9.7% year-to-year.

Until one observes a black swan

It is a difficult matter for the citizens of British Columbia to take a stand and ask for assistance when they get threatened and belittled by the very government that is supposed to be their servants. It is even more disturbing when it is discovered that those who get...

Today’s News June 19, 2015

– Fla. still top destination for international buyers NAR’s latest int’l buyer profile finds one in five foreign buyers (21%) picks Fla. – but it’s a drop from 31% in 2011 due, in part, to a spike in Chinese buyers. TransUnion forecast: 1.5M boomerang buyers In 2015 alone, about...

Today’s News June 17, 2015

– 52% of Hispanics say it’s a good time to buy a home FAU study: Recent sentiment survey finds that Hispanic consumers are more optimistic about the current economy but have a few doubts about the future. Fla. Legislature’s budget stalemate finally ends The House and Senate agreed on...

Today’s News June 16, 2015

– Housing on track for best year since 2006 Realtor.com economist: A decade ago, a bubble created a hot housing market; but today, sustainable changes, such as job growth, are bumping up demand. Report: Renter growth to explode by 2030 An Urban Institute report suggests that current trends will...