Florida Real Estate News
Flood insurance expires again next Friday
Fri, 16 Mar 2018 13:58:02 +0500
While Congress will likely extend the program, it might not do so by the midnight, March 23 deadline. Prepare now if buyers need flood cov https://www.fema.gov/national-flood-insurance-program/national-flood-insurance-program-reauthorization-guidance
1M homeowners missed opportunity to refinance
Fri, 16 Mar 2018 13:58:56 +0500
However, owners who didn't refinance have one less reason not to move, because any new mortgage could come with a rate similar to what they have now.
Feb. housing starts fell 7% after Jan. surge
Fri, 16 Mar 2018 14:05:42 +0500
The construction slowdown came from a 28% plunge in multifamily building starts. Groundbreakings for single-family homes rose 2.9%.
Study: Agent incomes get a lift from referrals
Mon, 19 Mar 2018 13:43:52 +0500
A new survey of more than 1,700 real estate agents by ReferralExchange found that 42% of respondents earned $10,000 to $50,000 from fees for referrals in 2017.
Big question for Fed: 3 or 4 interest rate hikes this year?
Mon, 19 Mar 2018 14:00:12 +0500
The Fed meets again this week to consider hiking interest rates, which directly impact short-term mortgage rates and, indirectly, fixed-rate loans.
Mortgage policy cutbacks could hurt some buyers
Mon, 19 Mar 2018 13:58:57 +0500
A key policy change by mortgage giant Fannie Mae that offered homeownership to thousands of new buyers – many of them minorities – could face significant cutbacks. The reason: Private mortgage insurers are re-thinking their decision to participate.
5 surprising stats about buyers in NAR's latest study
Fri, 16 Mar 2018 14:04:31 +0500
Millennials' home buying habits may not be all that different from their parents. A higher percentage of older generations, for example, check the internet before calling an agent – and millennials care less about virtual tours than older adults.
What happens if neighbors plant a hedge on my property?
Mon, 19 Mar 2018 13:57:04 +0500
Legal QandA: Fla. courts have considered more than one property line dispute, and the problem can sometimes be a legitimate misunderstanding.
Selling a home to millennials? Add plants
Fri, 16 Mar 2018 14:03:15 +0500
Millennials bought 31% of house plants in 2016, and some multifamily developments are adding indoor gardens to appeal to this demographic.
Congress' change to Dodd-Frank does little for Wall St.
Fri, 16 Mar 2018 14:02:24 +0500
The final version of a bill easing financial rules under Dodd-Frank helps smaller lenders but doesn't do much for the big banks, according to Bloomberg News.
Panama City: Waterfront partnership continues to revitalize St. Andrews
Mon, 19 Mar 2018 13:50:11 +0500
Is historic shortage of new homes the next housing crisis?
Mon, 19 Mar 2018 13:55:32 +0500
Land and construction costs have increased sharply since the end of the last boom a decade ago, and construction activity remains at an almost 60-year low.
Investors cringe as bitcoin, other crypto prices plunge
Fri, 16 Mar 2018 14:00:07 +0500
Cryptocurrency's Dec. millionaires just lost a lot of money. To enter mainstream use, experts say bitcoin et al must move from "Wild West" to "serious business."
Robots break new ground in construction industry
Mon, 19 Mar 2018 13:54:05 +0500
Just as self-driving cars may reinvent the suburbs, self-driving bulldozers, excavators and drones may redefine the way homes are constructed.