– Fla. RE associates showing homes held at gunpoint St. Petersburg police are hunting a man who robbed two real estate pros. In one case, he pulled a gun, zip-tied her hands and demanded a ransom from her husband. RealtyTrac: Average downpayment at three-year low U.S. buyers, on average,...
– Multiple offers: Tips for buyers making bids Sellers with more than one offer will pick the “best” one. Buyers hoping to win the bid should consider all the variables, such as the amount of earnest money. New Fla. law protects tenants after a foreclosure Gov. Scott signed HB...
– CoreLogic: Home prices move higher in April Tight housing inventory coupled with buyer demand led to a 2.7% month-to-month increase in home prices; year-to-year, prices rose 6.8% – in Fla., 9%. Hurricane predictions are meaningless Will a major storm hit Miami, Tampa or Jacksonville this year? No one...
– Foreclosure relief scams hit with $27.7M judgment Fla. and the CFPB announced a final judgment against Hoffman Law Group and affiliates. They were charged with scamming homeowners facing foreclosure. One property insurance change can save owners money Study: Fla. homeowners can save an average 23% on property insurance...
– Ready or not, hurricane season arrives Monday Fla. is overdue for a hurricane. The six-month season starts Monday, and while forecasts call for fewer storms, it only takes one. Homeowners should prepare now. Floridians’ confidence slips unexpectedly in May Consumer sentiment dropped for the second month, falling seven...
– NAR: Pending home sales at highest level since 2006 April pending sales rose 14% year-to-year – the biggest single-month increase in almost three years – as buyers made offers on a limited number of for-sale homes. RealtyTrac: In April U.S. home prices = market value In Fla., home...
– Fla. home prices to rise 4-5% over next 12 months NAR: Realtors in eight states, including Fla., expect a 4-5% price increase over the next year. Colo. Realtors predict even more, and no state expects a decline.
– New-home sales jump 6.8% in April A higher-than-expected spike suggests builders have picked up production as buyers, frustrated by a lack of resale inventory, turned their focus to new housing. NAR: Modest growth expected in commercial markets A stronger labor market and increasing household formation should keep commercial...
– Shuttered law firm could create foreclosure problems Butler and Hosch closed suddenly May 14. A few of its 60K U.S. foreclosure cases have already been delayed after fees weren’t paid, and more are expected to follow. Gov. Scott signs real estate-related bills into law Three bills highlighted in...
– NAR: Existing-home sales lose momentum in April xxx Fla.’s housing market: More closed sales, listings in April 2015 Florida Realtors April report: Single-family sales up 17.9% year-to-year, price up 11.4%; condo sales, price rose. U.S. single-family sales up 6.1% year-to-year. Foreclosures hit 18-month high, no longer a bargain...
