Posts Tagged "real estate"
– Consumer confidence fairly stable in Feb. Consumers appear to be happy with current conditions – that component rose – but wary of the economy’s future as the expectation component declined.
– Mortgage casualties fall on fewer bank failures Another positive sign of the U.S. economic rebound: Fewer bank failures. In 2013, 62 failed; in 2012, it was 83; in 2009, 235 banks ceased operations. NAR: Commercial outlook positive but moderating Quarterly forecast finds continued improvement but at a moderate...
– DBPR: Watch out for unlicensed real estate agents Secretary says Fla. will continue improving its “standards and regulations,” and issued a release reminding buyers and sellers to check an agent’s license. Fla.’s housing market continues positive trends in Jan. 2014 Single-family sales up 10.2%, condo sales up 9.3%...
– Cost of paying for a home up 21% year-to-year RealtyTrac: Thanks to higher interest rates and home prices, it costs more each month to buy a home, making housing less affordable for many Americans. Realtor.com: Jan. 2014 data points to homebuying season early start Realtor.com: Data shows uptick...
– Cold-calling less effective as a marketing strategy A CDC study found that 2 in 5 U.S. homes had only cellphones – no landlines – at the end of 2012, a percentage that rose to 60% for adults younger than 34. Has the stricter QM mortgage rule slowed lending?...
– Bad weather puts damper on builder confidence Unusually severe weather across much of the nation – plus ongoing concerns over the cost of labor and lots – caused a 10-point drop in builder confidence.
– Floridians value water but not ready to conserve UF survey: Interest in water ranked third in a list of public issues behind the economy and healthcare, and ahead of taxes and public education.
– Most Fla. real estate brokers expect higher profits Latest Fla. “Profile of Real Estate Firms” finds 70% expecting higher profits over next two years, 46% recruiting agents and 72% anticipating more competition. New home purchases up sharply in Jan. 2014 Mortgage bankers say new home sales skyrocketed, rising...
– Fannie Mae announces a ‘sale’ on REO homes Buyers who submit an initial offer by March 31 and close by May 31 can get up to 3.5% back for closing costs or to pay points that lower their interest rate. Fla. had nation’s top foreclosure rate in Jan....
– Most consumers now think they qualify for a mortgage Recovery milestone: The number of Americans (52%) who think it would be easy to get a mortgage is greater than the number who do not, according to Freddie Mac.
