– FHA revises its home retention program Officials say that new guidelines should help homeowners avoid foreclosure – and they’ll also boost FHA’s bottom line.
– Biggest mortgage servicers and lenders Which lenders are funding the most mortgages? Wells Fargo leads with a market share of 29.3%; Chase is No. 2 with 10%.
– Form Simplicity now offers sharing link Real Estate IS: New feature enables Form Simplicity Ultimate users to share forms and files with outside parties. Plan now to save on 2012 tax bill Floridians have one more month to reduce their 2012 income tax burden by taking advantage of...
– Fla.’s housing market continues positive trends in Oct. 2012 Home sales up 25% year-to-year, prices up 9%; condo sales up 16%, prices up 20%. NAR: Sales up 10.9%, prices up 11.1%.
– Fla. ‘Realtor Hero" honored by NAR Tampa’s Connie Johnson, Coldwell Banker, protects people and pets as president of home rehab charity and Humane Society. Investors see shrinking 2-year window to buy up REOs Start “good time to buy” countdown: Blackstone sees fewer deals and predicts bargain-price demise within...
– Trends: More cash sales, shrinking time on market NAR: Today’s buyers-sellers impacted by increase in cash sales and quicker turnarounds. Behavior changing on both sides.
– Florida Realtorsandreg; supports recovery efforts after Sandy The Disaster Relief Fund donates $200K to NAR’s Realtor Relief Fund to assist Realtors, others in storm’s aftermath. Fannie, Freddie laying groundwork for better housing finance system Once shareholder companies, the now-federal groups say private capital has not yet returned to...
– Banked-owned sales no longer a bargain As demand rises, REO sale prices close to “normal.” In Miami, a foreclosure sells for 2.9% less; it’s 7.7% nationally. Survey: More renters think it’s time to buy More people expect home prices to rise along with rents and mortgage rates, suggesting...
– Gov. Scott meets Realtors at NAR convention Fla. governor heralds new drive to cut corporate taxes and gives Florida Realtors senior VP business ambassador award. Builder confidence in 55+ market skyrockets NAHB index triples, year-to-year, in third quarter. Confidence in older-adult housing at highest level since 2008.
– Election 2012: 3 property tax amendments pass Veterans, spouses get property tax relief and most PAC candidates win, but Amendment 4 fails to get needed 60% approval. NAR: Metro area home prices show stronger increases in 3Q, sales up National median existing single-family price was $186,100 in 3Q,...
