Posts Tagged "real estate"
– Homeowners fight FHA mortgage-interest overcharges FHA charges sellers a full-month’s interest at early-month closings, and a group of owners are suing four banks over the practice, including BofA and SunTrust. Citizens takeout owners get side-by-side comparisons If a private insurance “takeout” targets an owner with Fla.-owned Citizens property...
– The 1960’s ranch home? It’s back. In some areas, demand is high for one-story homes, but there are fewer listings because builders have been constructing more two-story homes on smaller lots. Buyers need a Realtor to compete in seller’s market Potential homebuyers will have more trouble finding a...
– Buyers’ top mortgage complaint? Tax data errors A home can receive six separate tax estimates between listing and an owner’s first mortgage payment, and some estimates are more accurate than others. Fla. has two ‘top 10’ cities for RE investing A study that equated rental demand with job...
– Study: Little chance Fla. home prices will drop The likelihood of a price decline over the next two years is negligible, according to the Arch MI. Only U.S. states with energy industries have a marginal risk. Fla. cities at top of luxury home list In a nationwide list...
– Big single-family rental firms change tactics Post-recession, large companies started to buy homes, fix them up and rent them out. Today, though, they buy fewer homes and are even starting to sell a few. Seller optimism drops on economic nerves Fannie Mae survey: It may be a great...
– First-time buyers want to bypass starter home BofA report: 75% of first-time buyers would prefer to move into homes that meet their long-term needs; another 35% plan to retire wherever they buy. Builders marketing hook: ‘Cheaper to own’ Buyers pay more for new construction, but builders are telling...
– Mortgage rates hit lowest level since 2015 The average rate on 30-year FRM fell to 3.59% this week from 3.71% last week after the Fed chair reaffirmed her plan to raise interest rates slowly. Mitigation key for flood program reauthorizations We should prepare for floods rather than make...
– How much do local disasters disrupt the market? Gas leaks and localized disasters can send real estate markets into a tailspin. A RealtyTrac study found that a Calif. gas leak caused nearby sales to drop 44%. Study: College debt delays homeownership A Fed study found that for every...
– HUD: ‘No ex-convict’ rental rules might break law Under fair housing “disparate impact” guidelines, a no-convict rental rule may discriminate unintentionally because many ex-criminals are black or Hispanic. Florida Realtors ENVY Award: It’s only ‘natural’ Know a planned community that preserves Fla.’s natural beauty? Encourage developers with unique,...
– Freddie Mac: 2016 will be housing’s golden year Officials at Freddie predict that housing starts and home prices will be at their highest levels in a decade, thanks to jobs, mortgage rates and a growing housing supply. The 10 best and worst states to pay taxes WalletHub: The...
