– CoreLogic: June Home Price Index rises 2.5% It’s the fourth consecutive upswing in home prices nationally on both a year-over-year and month-over-month basis. Fitch: Slow but improving U.S. commercial real estate in 2012 Prediction: While some property types will outdo others, Fitch expects uneven but positive improvement through...
– Fla. couple a finalist in NAR contest HouseLogic’s “Boost Your Roost” contest has six couples, including one from Pensacola, competing for $20K – vote now. Fiserv Case-Shiller: After six years of decline, U.S. home prices find their footing Fiserv Case-Shiller forecast: Stable home prices and a recovering market...
– Unfair foreclosure claims deadline extended Ex-homeowners who think lenders’ shoddy paperwork contributed to issues have five more months to apply for compensation.
– NAR emailing 82 million Americans Email explains proposed fed actions that may impact ownership and Realtor efforts to protect the American dream. Cheaper to buy than rent for two-year stays Top-visited consumer website says it’s cheaper to buy than rent in four Fla. cities if staying at least...
– UF: Jump in Florida consumer confidence July index up 3 points since June and 9 points since July 2011. More say they’re better off today than one year ago.
– CoreLogic: Foreclosures drop again in June Completed sales at pre-crisis level, suggesting recovery. Fla. No. 1 in percent of inventory, No. 2 in total number. July consumer confidence up after four declines U.S. consumers’ outlook bounced back three points in July based on higher short-term business and employment...
– As home values rise, property taxes increase In one South Florida city, however, commissioners will consider a lower tax rate so homeowners don’t have to pay more.
– More owners would consider strategic default In Nevada, 45% say there’s “nothing wrong” with walking away from a mortgage; nationally, 41% might consider it. Fla. advocate slams state insurance company State Insurance Consumer Advocate: Citizens needs to discount hurricane mitigation upgrades; if not, owners won’t do it.
– U.S. industrial real estate bouncing back Jones Lang LaSalle: Australian investor to sink $1.5 billion in U.S. industrial real estate. Five factors causing boom. Pending home sales down for month, up for year NAR: Fewer listings leads to fewer pending contracts. Index down 1.4% in June, 9.5% higher...
– Zillow says it’s official: Market hit bottom Experts still question Zillow’s statistics, but latest forecast could convince skittish buyers to jump into the market. Foreign home searches drop as prices rise Trulia: As prices rise, interest from int’l buyers declines. But six Fla. cities in the top 10...
