– Real estate’s impact from spending and tax deal Congress should pass its massive spending-tax bill today and the president is expected to sign it. Among other things, one tax provision helps Fla. homeowners. New video shows how Fla. lease tax hurts everyone A Business Rent Tax Coalition-created and...
– Housing starts surge 10.5% higher Single-family housing starts rose 7.6% to an 8-year high, while multifamily starts spiked 18.1% following a decline the month before. Will short sellers still get a tax break? As it stands now, a short-selling owner in 2015 must pay taxes on the amount...
– Fed rate hike tomorrow? Borrowers need not worry In 2004, the Fed raised rates 0.25% at a time with little housing market impact. This time, MBA predicts rates will rise only about 1% through 2016 – to 4.8%.
– Forecast: Fla. home sales to rise 8-10% in 2016 Florida Realtors Chief Economist Dr. John Tuccillo sees steady growth in the new year and projects Fla. home prices should be up about 5% by the end of 2016. Fla. tax appraisers record home values on Jan. 1 A...
– Banks accelerated Fla. home repossessions in Nov. Fla. ranked No. 1 in total completed foreclosures – twice as many as No. 2 Texas. But scheduled auctions dropped 58% year-to-year as crisis cleanup continues. FHA: Loan limits won’t change in 2016 The conforming loan range for buyers seeking a...
– Real estate agents report bizarre, threatening calls Following a report of an alleged cyberstalker threatening real estate agents in Louisiana, a seemingly unrelated case emerged in South Carolina on Monday. NAR report: Remodeling helps even if not selling The 2015 Remodeling Impact Report finds that home improvement projects...
– A Capitol Hill win for homeownership Congress voted and Pres. Obama signed a $305B transportation bill that doesn’t rely on homebuyer funding through g-fees, thanks, in part, to Realtors’ efforts. Baby boomers blamed for clog in housing market Some economists say boomers aren’t selling their homes and downsizing...
– Study: Stellar credit scores add up to savings For every 10-point increase in credit scores, borrowers can expect to receive a lower mortgage interest rate, according to a soon-to-be-published study.
– Dec.’s the best month to land a great home sale deal After a yearly peak price in Aug. and Sept., home prices generally decline by 0.51% for January closings that went under contract in Dec. Half-priced homes from HUD: What to know A little publicized program allows police,...
– Fed chair ready to raise rates at own pace It appears all but certain that the Fed will raise interest rates on Dec. 16 for the first time in eight years. But additional rate hikes are no longer a sure thing. Realtor.com 2016 housing forecast: Best since ’06...
