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Today’s News February 19, 2015

– Alert: ‘International Promissory Notes’ (IPNs) Attorneys’ Title says some Fla. transactions used IPNs held by third parties rather than “U.S. currency.” In at least one case, they changed a FR/BAR contract. Amendment 1 plan draws affordable housing concerns If 33% of Fla. doc stamps now fund environmental projects,...

Today’s News February 18, 2015

– Drone QandA for Florida real estate Proposed rules released this week would allow drone use for most listing videos – but details could change before final approval, which could take two more years. Midwest pushes housing starts down 2 percent in January Builders broke ground on fewer single-family...

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On a Friday afternoon in late September, dozens of young black political hopefuls gathered at a restaurant in Northwest Washington to talk strategy and shore one another up. Nearby at the Walter E. Washington Convention Center, the Congressional Black Caucus Foundation’s Annual Legislative Conference was underway, bringing together lawmakers,...

Today’s News February 17, 2015

– More adults are single – why you should care The traditional reasons for home buying apply to young couples with children. But 50% are now single, and agents must give them new reasons to own a home. Sunday is 2015 health insurance application deadline Open enrollment ends Feb....

Today’s News February 13, 2015

– Redfin survey: Many millennials choosing mortgage before marriage Redfin survey: 38% of American millennials, age 18-34, say they either have, or would, put off a wedding or honeymoon to be able to afford to buy a home. Seniors may face increasing foreclosure risk Debt levels among Americans age...

Today’s News February 12, 2015

– Higher incomes boost housing optimism Fannie Mae: 29% households say their income is “significantly higher” now than it was 12 months ago; 48% expect their finances to improve over next year. Easy U.S. visa rules attract more Chinese buyers In Nov., China and the U.S. signed an agreement...

United Nations Secretary General Antnio Guterres on Monday

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Today’s News February 10, 2015

– CoreLogic: 39K completed foreclosures in Dec. 2014 Fla.’s year-over-year foreclosure inventory dropped 48.6% in Dec. – the second biggest decline – but had most completed foreclosures (118K) for the 12 months. FHFA hints at aid for underwater owners In the past, the agency has refused to consider reducing...

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