– NAR: Existing-home sales cool in Jan. as inventory remains low Fla.’s housing market continues on a steady track Florida Realtors’ Jan. data finds more new listings and a stable inventory. The median price of a Fla. home is up 7.4% year-to-year; condos rose 5.4%. CFPB: More than 50M...
– Institutional investors: 78K Fla. homes in 4 years RealtyTrac: Fla. continues to lead nation in single-family buyers who purchase at least 10 properties per year. It’s also home to four top cities for cash sales. 2015 Good Neighbor Awards application period opens NAR’s Good Neighbor honor recognizes Realtors...
– Alert: ‘International Promissory Notes’ (IPNs) Attorneys’ Title says some Fla. transactions used IPNs held by third parties rather than “U.S. currency.” In at least one case, they changed a FR/BAR contract. Amendment 1 plan draws affordable housing concerns If 33% of Fla. doc stamps now fund environmental projects,...
– Drone QandA for Florida real estate Proposed rules released this week would allow drone use for most listing videos – but details could change before final approval, which could take two more years. Midwest pushes housing starts down 2 percent in January Builders broke ground on fewer single-family...
– More adults are single – why you should care The traditional reasons for home buying apply to young couples with children. But 50% are now single, and agents must give them new reasons to own a home. Sunday is 2015 health insurance application deadline Open enrollment ends Feb....
– Redfin survey: Many millennials choosing mortgage before marriage Redfin survey: 38% of American millennials, age 18-34, say they either have, or would, put off a wedding or honeymoon to be able to afford to buy a home. Seniors may face increasing foreclosure risk Debt levels among Americans age...
– Higher incomes boost housing optimism Fannie Mae: 29% households say their income is “significantly higher” now than it was 12 months ago; 48% expect their finances to improve over next year. Easy U.S. visa rules attract more Chinese buyers In Nov., China and the U.S. signed an agreement...
– CoreLogic: 39K completed foreclosures in Dec. 2014 Fla.’s year-over-year foreclosure inventory dropped 48.6% in Dec. – the second biggest decline – but had most completed foreclosures (118K) for the 12 months. FHFA hints at aid for underwater owners In the past, the agency has refused to consider reducing...
– 10 tips for your real estate newsletter Look for great content by using your own blog posts, helpful articles from around the Web and photos that highlight your team or clients, for example. Safety alert: More agents report strange calls More state Realtor groups are warning members about...
– More 55+ buyers moving, downsizing More and more older adults are selling the family home they’ve owned for decades, and builders are bullish about an upswing in demand for 55+ communities. Fla. leads nation in empty foreclosure homes RealtyTrac: Owners have vacated one in four Fla. foreclosures. There...
