– Report: Shaky FHA finances move onto solid ground Annual report shows FHA’s insurance fund grew $21B and out of negative equity. NAR then renewed its push for lower premiums and no life-long mortgage insurance. 89% of buyers say technology makes them smarter Survey: For 83%, however, technology doesn’t...
– Can bankrupt homeowners void their second mortgage? U.S. Supreme Court will hear an appeal from Bank of America. The lender claims underwater Fla. owners shouldn’t be able to “strip off” any second-mortgage debt. Financing barriers stifle condo resurgence As a percent of all U.S. sales, condos are up...
– Move Inc. merger completed but Zillow’s is delayed The oversight company for NAR-owned realtor.com is now officially part of News Corp. However, FTC questions have delayed Zillow’s merger with Trulia. Homeowners don’t know they can avoid some PMI fees Private mortgage insurance (PMI) is tacked on some loans...
– Want a mortgage tax forgiveness extension? Act now Call for Action: Take 10 minutes to help Fla. sellers and boost your sales by emailing legislators now – and also ask them to pass a terrorism insurance bill. Fla. drops to No. 2 U.S. foreclosure state in Oct. Maryland...
– Expect ‘big data’ to impact real estate’s future Successful Realtors anticipate change and adapt. Imagine, for example, an app that searches all real estate websites and compiles results in a single location. Alternative mortgages making a comeback Adjustable-rate, jumbo, piggyback and interest-only mortgages disappeared during the real estate...
– Fla. honors U.S. vets today and all year Fla. is “the most veteran-friendly state in America,” says Florida TaxWatch CEO, because the Fla. honors its military service veterans in a number of ways. U.S., China agree to visa deal extension Starting tomorrow, it will be easier for Chinese...
– NAR real estate forecast: Better times ahead Headwinds remain heading into 2015, but consumers have gained some confidence, and more move-up buyers can afford to make a change as homes gain equity. Commercial market on road to recovery Economists on a panel agreed that improvements in the U.S....
– Overseas volatility benefits commercial real estate Colliers’ annual int’l investor report finds optimism for U.S. real estate, including “many metropolitan areas in Fla. that were hard hit during the recession.”
– Fla. leads nation in all-cash sales – over 50% in 3Q RealtyTrac: In a look at metro areas, Fla. has all five top spots and eight of the 10 top spots – and four metros are tops for institutional investor cash sales. NAR: 3Q home-price gains hold steady...
– Most Florida Realtors PAC candidates elected Of the PAC’s 80 candidates recommended for their commitment to the Fla. real estate industry, 75 were voted into office, with one race still too close to call. Reminder: Legal holidays extend some contract times Under some contracts, a legal holiday, such...
