– Realtor.com goes global with launch of international site It has residential for-sale listings from Brazil, Bulgaria, France, Italy, Portugal and Spain, among other countries. Census: More young adults are living in their parents’ home Census: For men age 25 to 34, 19% living with parents in 2011, up...
– Robo-signed foreclosures have recourse Some owners foreclosed on by four banks, including SunTrust, can ask for independent review and perhaps be compensated.
– Bargains abound: What are buyers waiting for? With low home prices and ultra-low interest rates, the housing market offers “perhaps the best deals of a generation.”
– Pending sales down for month, up for year NAR: The index fell 4.6% to 84.5 in Sept. from 88.6 in Aug. 2011, but it’s 6.4% higher than Sept. 2010’s 79.4. Baby Boomers: Home is where grandkids are AP poll: 73% of retiring boomers prefer to stay close to...
– Fla.’s consumer confidence steady in October UF: While the nation’s confidence took a dip in Oct., Floridians’ attitudes fell only one point since Sept. Commercial recovering but facing long grind PwC US and ULI: While a few cities with 24-hour transportation hubs will grow, overall recovery will happen...
– Fla. to study commercial lease taxes Dept. of Revenue is taking a closer look at tax calculation; some brokers worry it will raise taxes and slow rebound.
– Fed HARP program expanded, help more owners The administration again tinkered with its foreclosure aid program, nixing some appraisals and removing LTV ceilings. Realtors to lead Fla. Real Estate Commission Darla Furst from Sarasota will serve as FREC chair starting next month; Chip Boring of Sebring will serve...
– NAR: Existing home sales off in Sept. but higher than year ago Florida’s existing home and condo sales up in September Existing home and condo sales both up 10% over year ago; statewide condo median price up 7%. National sales slip 3%.
– Small businesses lift real estate values AMX study: Neighborhoods with small businesses saw real estate prices rise 50% more in 14 years than those without.
– HUD to Fla.: $160.6M in housing assistance Money is earmarked for community development and workforce housing through four HUD programs. Fla. asks homeowners to kill giant snails About 23,000 non-native snails have been found so far. Officials hope homeowners will help stop the spread.
