– Software glitch slashes Citizens premium 92% One homeowner who dropped sinkhole coverage saw his insurance premium drop from $2,977 to $246. At least 1,500 Citizens customers have benefited so far. CoreLogic: March home prices rise 10.5% year over year CoreLogic: Month saw biggest year-over-year home price increase in...
– HUD to sell 20,000 distressed loans to investors The sale involves FHA loans on the brink of foreclosure. Investor-buyers can’t foreclose for six months and are encouraged to help owners keep the house. Realtor.com visitors will get more homebuying help Move Inc., parent to NAR-owned Realtor.com, acquired Doorsteps,...
– Orlando is best U.S. city to flip homes for profit In which U.S. cities is a home flip – bought and resold in 90 days or less – most profitable? A RealtyTrac analysis determines that Fla. has five of the top 10.
– Feds issue new fair housing construction guidelines HUD and the Dept. of Justice say the new guidance should help developers understand and meet their obligations to provide access for disabled persons. Florida’s consumer confidence keeps rising UF study: Floridians don’t seem bothered by federal budget cutting. Their outlook...
– Fla. decides how to spend $200M on housing relief Fla. received $8.4B in nation’s mortgage settlement, and the part controlled by the Legislature could soon be disbursed, pending the governor’s signature. CoreLogic: Foreclosure inventory down 23% in March Completed foreclosures dropped 16% year-to-year and 52% since 2010 peak,...
– Need-to-know home buying info for first-timers Advice for buyers: A little planning can ease headaches. Potential buyers should first check their credit score and determine how much house they can afford. NAR: Pending sales rise modestly as inventory tightens NAR: Pending sales rose 1.5% month-to-month and 7% year-to-year,...
– HUD closing two Fla. field offices The Orlando and Tampa offices will close as part of a national realignment. Nationwide, HUD will shut down 16 out of 80 offices by early 2014.
– Later marriage trends don’t postpone homeownership Study: Today’s young adults marry later than their parents did, but they’re not also delaying homeownership. In more cases, a home buy precedes the wedding. App upgrade allows home search by school district Realtor.com says it’s the first real estate search app...
– Fla. Realtor NAR ‘Volunteering Works’ winner Robert Schwartz with LaRosa Realty in Celebration co-founded program to help 100 kids without permanent housing. He’ll receive $1,000 and one-on-one mentoring. Fla. adds 400K names to do-not-call list in one year Realtors need to check both state and federal do-not-call lists....
– Florida’s housing market on upswing in March Existing home sales up 9% year-to-year, price up 15.2%; condo sales up 1.1%, price up 15.9%. NAR: Sales up 9.1% year-to-year, single-family price up 12.1%. Group says immigration reform could help real estate Real Estate Roundtable: Overhaul could help full gamut...
