– Secrets buyers should know about new construction A new-home purchase is more complicated and intimidating than most resale transactions, and buyers need a Realtor to represent them in the deal.
– First-time homebuyers can get $2K per year A little-used Fla. program allows many first-time buyers to receive up to $2,000 per year – half the mortgage interest paid – when filing federal income taxes. 6 TED Talks focus on real estate Each TED Talks video features a speaker’s...
– Early recession foreclosures now off credit reports A foreclosure damages credit reports for up to seven years from the first missed payment. So far, 29% of ex-owners are free and clear, and 60% will be by Dec 31. Owning cheaper than renting in 76% of U.S. metros RealtyTrac:...
– Mortgage credit conditions best in years It’s not as easy to get a mortgage loan as it was in, say, 2006 – but the Mortgage Bankers Association says tight loan standards eased significantly last month.
– $1B foreclosure prevention program strategy shift Some first-time buyers could receive up to $15K toward a downpayment under a proposed rule change covering the way Fla. doles out money from its Hardest Hit Fund. Fla. property insurance documents enter computer age A bill passed by the Florida Legislature...
– Most Americans want to move in retirement Bankrate survey: 3 out of 5 U.S. residents want to retire in a different state or city, including 50% of adults age 50 to 64. Vacation home sales rose to record high in 2014 NAR survey: The 2014 sales totaled 1.13M,...
– CFPB’s 26-page ‘toolkit’ explains Aug. 1 changes The federal consumer agency will change the mortgage process starting in Aug, and their new step-by-step guide explains how the new process will work. Google change will upend website searches Websites that appear on the first page of a Google search...
– U.S. consumer confidence rebounds The index broke 100 (101.3) driven mostly by a belief that things will be better six months from now. Attitudes about the current economy dropped a bit. 3 Fla. Realtors in NAR’s ’30 under 30′ class of 2015 The group of “young professionals who...
– Pending home sales rise 3.1% in Feb. despite weather The number of homes under contract but not yet sold rose nationwide year-to-year; the South and Northeast saw a slight month-to-month decline. Census: Americans returning to far-flung suburbs The outer suburbs and new homes took a major hit in...
– Floridians’ confidence rises 3 points in March The survey, which measures Florida residents’ attitudes, rose to its highest number in a decade. All components – short-term and long-term outlooks – increased. Census Bureau: Fla. has fastest growing U.S. city In sheer number of residents, Fla.’s home to 7...
