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Florida Real Estate News – Avoid common listing photo mistakes

Florida Real Estate News – Avoid common listing photo mistakes NEW YORK – Listing photos should show off a house in its very best light, but some images do little to impress home shoppers. Realtor.com rounded up several of the worst real estate listing photo mistakes: Photographing corners: Taking a picture of one corner of a room shows nothing. Instead, include at least two corners of a room in a shot to help give viewers a sense of space and a feel for the area’s, says Hannah Walker, vice president…

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Florida Real Estate News – New-home sales up again in Jan.

Florida Real Estate News – New-home sales up again in Jan. WASHINGTON (AP) – Americans bought more new homes in January after a steep fall-off the previous month, a sign the housing market is healthy despite higher mortgage rates. New home sales rose 3.7 percent to a seasonally-adjusted 555,000, the Commerce Department said Friday. That is 5.5 percent higher than a year ago. Solid job gains and some signs of rising wages have driven up consumer confidence, which has also risen since the presidential election. More confident consumers are more…

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Florida Real Estate News – Landlord Sues Airbnb in Spat Over Subletting

Florida Real Estate News – Landlord Sues Airbnb in Spat Over Subletting One of the nation’s largest owners and operators of apartment homes is trying to halt Airbnb listings of its units. Apartment Investment & Management Company (Aimco), a property manager that oversees more than 50,000 properties, has filed a lawsuit in both California and Florida to prevent Airbnb from listing its units, saying that doing so violates its leases. “It is not acceptable to us that Airbnb actively promotes and profits from deliberate breaches of our leases, and does so…

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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…

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Florida Real Estate News – Some luxury sellers slash millions off asking prices

Florida Real Estate News – Some luxury sellers slash millions off asking prices NEW YORK – As the luxury housing market softens, home sellers across the nation are offering discounts on upscale dwellings. The luxury home market in cities like New York and Miami are experiencing a full-on slowdown, while in other regions there are concerns about a possible supply glut on the horizon. “Buyers are very price sensitive,” says Manhattan real estate agent Donna Olshan. “If it’s not priced right, it’s going to sit until the cows come home.”…

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Florida Real Estate News – 2017 legislative priority: Time to cap estoppel fees

Florida Real Estate News – 2017 legislative priority: Time to cap estoppel fees Great American Realtor Days – March 27-29 Have an opinion on estoppel fees? Join fellow Realtors in Tallahassee for a chance to talk directly to your representatives – the men and women who can change Florida’s estoppel fee laws. Find out more about Great American Realtor Days online. TALLAHASSEE, Fla. – A seller and a buyer are under contract for a condominium, a loan has been secured, inspections have been performed, and the closing documents have been…

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Florida Real Estate News – Fed minutes Rate hike ‘fairly soon’ puts March in play

Florida Real Estate News – Fed minutes Rate hike ‘fairly soon’ puts March in play WASHINGTON– Many Federal Reserve officials said the central bank may raise interest rates “fairly soon” and “potentially at an upcoming meeting” to head off a pickup in inflation, leaving the door firmly open to a March rate hike, according to minutes of the Fed’s Jan. 31-Feb. 1 meeting. Fed policymakers said such a step could be necessary if the advances of the labor market and inflation were “in line with or stronger than their current…

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Florida Real Estate News – Can U.S. approve more mortgages without more risk?

Florida Real Estate News – Can U.S. approve more mortgages without more risk? WASHINGTON  – The U.S. Consumer Financial Protection Bureau (CFPB) launched an inquiry into ways the U.S. can expand access to credit for consumers who don’t have a credit history or don’t have enough data to get a credit score. A traditional credit history includes a borrower’s debt payments, such as mortgages, credit cards and other loans. Lenders use the score to decide who can get credit and how much it will cost. But some people have no…

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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…

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Florida Real Estate News – Brokers: Fla. launches workers’ comp website

Florida Real Estate News – Brokers: Fla. launches workers’ comp website TALLAHASSEE, Fla. – To help Florida business owners secure workers’ compensation coverage, the Florida Division of Workers’ Compensation launched an online insurance company database called the Coverage Assistance Program (CAP). This new database allows employers to search for insurance companies that are actively offering workers’ compensation policies for their industry type. “Employers can use the information provided in the CAP to inform conversations with their insurance agents and to help facilitate a smoother, faster policy purchasing process,” says Tanner…

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