– Calif. Realtors up ante in bulk sale fight Assoc. took an unusual step in its fight against bulk REO sales by federal agencies: It wants current leaders replaced. NAHB: 125 housing markets expand in Nov. Builders track six-month upswings in housing permits, employment and prices. Fla. has 12...
– NAR: Short sale tax relief Call for Action If lenders forgive part of a mortgage in short sales, it’s legally income to sellers – and taxable by the IRS after Dec. Amendment 4 debate: ‘Yes’ outweighs ‘no’ “Yes on 4” debate shows weakness in foes’ position. When voting,...
– Fla. ‘business climate’ No. 10 nationally Site Selection Publications: A look at tax burdens and more lands Fla. in the top 10 for attracting new businesses. $260M going to Florida homeowners Attorney general and legislature agree: Nat’l mortgage settlement cash to boost housing, maybe downpayment assistance. Feds to...
– Faster short sale guidelines start today Many of nation’s largest mortgage servers can now approve a short sale without approval from Fannie Mae or Freddie Mac. FHA eligibility OK 3 years post-foreclosure Buyers who lost a home at least three years ago – less in some cases –...
– CoreLogic: 11% of Fla. mortgages face foreclosure CoreLogic: Almost 100K Fla. owners went through foreclosure in 12 months ending in Aug. – 12% of all U.S. foreclosures.
– UF: Fla. consumer confidence near post-recession high UF: Fla. consumer confidence near post-recession high in Oct. Index of 79 matches level first announced in Sept. Short sale workshop slated for Orlando U.S. Treasury and NAR: Friday Realtor workshop will help agents understand process so they can help at-risk...
– Florida voters consider pro-homeownership amendments Florida Realtors’ support for Amendment 4 grabs headlines, but advocates a “yes” vote on other ballot amendments too. Study: Homeownership benefits children More homeowners’ children finish high school and avoid problems during the teen years than renters’ children. Sept. pending home sales up...
– FHFA: House Price Index up 0.7% in August Track of same-home sales over time finds $150K U.S. home, for example, increased in value about $1,000 in one month. Fla. ranks 27th in state, local taxes paid Tax Foundation: Floridians’ state-local tax burden in fiscal 2010 was 9.3% –...
– Housing recovery picks up; challenges await Housing recovery should continue even if some current threats come true, say most economists at recent NAHB webinar. Fla. early voting starts Saturday, Oct. 27 Don’t wait for Election Day to support Amendment 4. Fla. expects up to 1/3 of its electorate...
– Fla.’s housing market continues upswing in Sept. 2012 Market stable and growing: Fla. home sales up 2%, prices up 7.4%, pending up 40%. NAR: Prices up 11.3%, sales down 1.7%.