real estate | Bruce Gubnitsky

Posts Tagged "real estate"

Today’s News March 28, 2014

– Fannie Mae extends 3.5% closing cost incentive Owner-occupant buyers have 20 days after a listing to make an offer. The 3.5% can be used toward closing costs or pay points to lower their mortgage rate. Freddie Mac: Fla. most-improved state in past year It’s also the most-improved state...

Today’s News March 27, 2014

– Feb. foreclosures up for year, down for month RealtyTrac: Orlando, Tampa, Miami tops for short sales and cash sales; Jacksonville for REOs; Lakeland, Miami for auctions; Cape Coral institutional investors. NAR: Feb. pending home sales continue slide It’s not bad news: “The market appears to be stabilizing,” says...

Today’s News March 26, 2014

– Realtor.com tool provides a home listing’s history Agreement with porch.com allows realtor.com to provide supplemental info about a listing, including the cost of prior repairs – info that competitors don’t offer. Fla. consumer confidence at post-recession high UF: Florida residents think they’re better off now than they one...

Today’s News March 25, 2014

– U.S. consumer confidence rebounds in March In Feb., consumers’ future expectations took a hit, but their outlook bounced back this month. Overall, the Consumer Confidence Index rose 4 points to 82.3. 70% of boomers expect next house to be their last Survey: Many boomers want a retirement home...

Today’s News March 24, 2014

– Realtors in Fla. expect prices to rise more than 5% Fla. is one of only four states predicting increases greater than 5-7%; Realtors in 17 states expect less than 3%, while the rest anticipate 3% to 5%. Flood insurance relief becomes law Pres. Obama signed the bill Friday,...

Today’s News March 21, 2014

– 8% of counties better off now than before recession 96% of counties are better off now than in the depths of the recession, says RealtyTrac. Even in hard-hit markets, REO sales have dropped by half. Construction employment up 9.2% in Fla. The state ranked third in construction employment...

Today’s News March 20, 2014

– Fla. TaxWatch: Put trust back in trust funds A report says Fla. lawmakers shouldn’t be able to easily “sweep” money from a trust fund into general revenue, as they have done with workforce housing money. HUD awards $1.8 billion for public housing Of that amount, 79 Fla. providers...

Today’s News March 19, 2014

– A moving story – but not a good one Moving company causing problems for clients? Report it to the state. A.G. Bondi recently filed a lawsuit against a S. Fla. mover for unfair practices. Fla. offers consumer alert about bitcoin Virtual currency can be used to purchase homes...

Today’s News March 18, 2014

– With some home loans, it’s a matter of degree More banks are again offering specialty-profession mortgages, which are earmarked for lawyers, doctors and other types of borrowers in high-paid careers. Florida TaxWatch: State 47th in nation for taxation Fla.’s state tax burden is one of nation’s lowest, but...

Today’s News March 13, 2014

– Study suggests 1 in 10 renters wants to buy in 2014 A new research project contradicts pundits who suggest renting is the new norm: 10% of today’s renters say they want to buy a home this year. Akerman survey finds steady commercial optimism Survey finds higher expectations for...