Featured Florida Real Estate News Miami Real Estate News North Florida Real Estate News South Florida Real Estate News Uncategorized 

Florida Real Estate News – HUD’s Carson expected to ramp up public profile

Florida Real Estate News – Carson has a series of appearances coming up – a chance to spell out his vision for HUD, explain potential budget cuts and discuss recent controversies. HUD’s Carson expected to ramp up public profile The Associated PressFILE – In this April 26, 2017 file photo, Housing and Urban Development Secretary Ben Carson speaks with Michelle Heritage, director of a shelter program, inside a shelter in Columbus, Ohio. Carson was one of the biggest names to join Donald Trump’s Cabinet, but since taking office about 100…

Read More
Featured Florida Real Estate News Miami Real Estate News North Florida Real Estate News South Florida Real Estate News Uncategorized 

Florida Real Estate News – 30year mortgage rate falls below 4%

Florida Real Estate News – 30year mortgage rate falls below 4% Long-term U.S. mortgage rates fell this week to their lowest levels of the year this week: 3.95%. For all of 2016, FRMs averaged 3.65%.  From Matthew Graham at Mortgage News Daily: Mortgage Rates Unexpectedly Fall to 2017 Lows (Again) Mortgage rates unexpectedly fell to new 7-month lows today, following bond market gains in the overnight hours (Asian and European trading sessions). … The average lender is now quoting conventional 30yr fixed rates in the high 3% range on top tier scenarios.  The…

Read More
Featured Florida Real Estate News Miami Real Estate News North Florida Real Estate News South Florida Real Estate News Uncategorized 

Florida Real Estate News – 2 out of 3 buyers believe home prices will rise

Florida Real Estate News 2 out of 3 buyers believe home prices will rise NEW YORK – A new Gallup poll finds that homeowner confidence has hit a new high. According to Gallup, 61 percent of U.S. adults believe home prices will rise in the next year, marking the biggest percentage since Gallup began gathering data on these views in 2005. It’s also a notable increase from 2008-2112, during which less than a third of respondents held an optimistic view on future real estate prices. “While Americans’ optimism is not…

Read More
Featured Florida Real Estate News Miami Real Estate News North Florida Real Estate News South Florida Real Estate News Uncategorized 

Florida Real Estate News – Fair housing mission still vital today

Florida Real Estate News – The Fair Housing Act’s 49th anniversary is April 11; a South Florida Sun Sentinel opinion piece urges all to recognize that “Fair Housing Equals Opportunity.” Fair housing mission still vital today FORT LAUDERDALE, Fla. –  Forty-nine years ago this month, on April 11, 1968, President Lyndon Johnson signed the federal Fair Housing Act, which prohibited discrimination concerning the sale, rental and financing of housing based on race, religion, national origin, sex, handicap and family status. This important law also made it unlawful for a housing…

Read More
Featured Florida Real Estate News Miami Real Estate News North Florida Real Estate News South Florida Real Estate News Uncategorized 

Florida Real Estate News – Real estate investing: Who they are, where they buy

Florida Real Estate News – Real estate investing: Who they are, where they buy IRVINE, Calif. – Who is buying homes? A study by ATTOM and Clear Capital, “Landlord Land,” analyzes the “who.” It’s a deeper look at the recent real estate boom that has seen home prices flirt with all-time highs even as the national homeownership rate remains near its 50-year low. “Though prices in several markets are nearing pre-bust levels, the composition of both the supply and demand of today’s real estate market is starkly different than a…

Read More
Featured Florida Real Estate News Miami Real Estate News North Florida Real Estate News South Florida Real Estate News Uncategorized 

Florida Real Estate News – Attention brokers Here’s what’s happening with the world’s ultrawealthy

Florida Real Estate News Attention, brokers: Here’s what’s happening with the world’s ultra-wealthy Attention, brokers: Here’s what’s happening with the world’s ultra-wealthy China minting 100K new millionaires each year: Knight Frank   Wealth Report 2017 (Credit: Knight Frank, click to enlarge) The number of ultra-high net worth individuals — those with assets of $30 million or more who’ve got the funds to purchase the world’s most desirable properties — jumped 42 percent over the past decade to 193,000 worldwide, according to a new Wealth Report from Knight Frank. New York…

Read More
Featured Florida Real Estate News Miami Real Estate News North Florida Real Estate News South Florida Real Estate News Uncategorized 

Florida Real Estate News – NAR predicts stable commercial market in 2017

Florida Real Estate News – NAR predicts stable commercial market in 2017 WASHINGTON – Steered ahead by strengthening demand in smaller markets, the commercial real estate sector should remain on stable ground in 2017 and offer decent returns for investors, according to the latest National Association of Realtors® (NAR) quarterly commercial real estate forecast. National office vacancy rates are forecast to retreat 1.1 percent to 12.1 percent over the coming year as job growth in business and professional services brings increased need for office space. The vacancy rate for industrial…

Read More
Featured Florida Real Estate News Miami Real Estate News North Florida Real Estate News South Florida Real Estate News Uncategorized 

Florida Real Estate News – New-home buyers: Act now before prices go up

Florida Real Estate News – New-home buyers: Act now before prices go up NEW YORK – The cost of building materials jumped 25 percent year-to-year, according to the National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index, and builders are increasingly concerned about how this will affect homebuyers in the new-construction market. In 2016, builders ranked building material costs low on their list of concerns – but now it’s one of their top five issues. The increased cost of lumber is a chief catalyst. “Negotiations on a new softwood…

Read More
Featured Florida Real Estate News Miami Real Estate News North Florida Real Estate News South Florida Real Estate News Uncategorized 

Florida Real Estate New – Fla. no longer poster child for underwater homes

Florida Real Estate News – Fla. no longer poster child for underwater homes IRVINE, Calif. – Feb. 9, 2017 – ATTOM Data Solutions’ Year-End 2016 U.S. Home Equity & Underwater Report found 5.4 million U.S. properties seriously underwater at the end of 2016 – a decrease of more than 1 million properties year-to-year. Seriously underwater properties are ones in which the combined mortgage amount is at least 25 percent higher than the property’s estimated market value. The report found that 14.3 percent of Florida homes with a mortgage were seriously…

Read More
Featured Florida Real Estate News Miami Real Estate News North Florida Real Estate News South Florida Real Estate News Uncategorized 

Florida Real Estate New – When do home sellers list their homes

Florida Real Estate News – When do home sellers list their homes? CHICAGO – Home listings are most likely to debut on Thursdays and Fridays, with Fridays the most common listing day by a slight margin, according to research by the National Association of Realtors®(NAR). Top listing days give buyers a good chance to see a new and wider selection of listings. For sellers, however, it suggests more competition, at least at first. In a month-by-month comparison, April is the most popular as sellers prepare for the traditionally busy spring…

Read More