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Real Estate News
Stay up to date with the latest Florida Realtor News!
Best way to fight homelessness? Housing vouchersA three-year HUD study found that vouchers were the most effective way to end family homelessness, but rapid re-housing also worked well and cost less.
New home sales rose 3.1% in SeptemberA tight inventory of new homes didn't slow growth in Sept. as new home sales rose 3.1% thanks to recent hiring gains and still-low interest rates.
New home developments getting smallerForget clubhouses, golf courses and mega amenities. As large empty plots of land grow scare, more builders are focusing on projects with as small as 24 homes.
Ten-X study: 4 of 5 hottest home markets are in Fla.Fort Lauderdale is the nation's hottest single-family metro, according to a study. Palm Beach County, Tampa, Orlando and Las Vegas round out the top five.
Fla. real estate market rapidly returning to 'normal'Freddie Mac has a measure to determine whether state and metro real estate markets are close to "normal." While Fla. and its metro areas still lag overall, the rebound is strong with Fla. the "most improved" state year-to-year.
Hurricane Matthew property claims so far: $549MFla. data released Friday says property damage claims have increased; but fewer new claims are coming in. Overall, about 79K are residential and 3K commercial.
Consumer confidence retreats in OctoberThe Consumer Board's index dropped almost 5 points to 98.6, possibly due, in part, to political uncertainty, rising gas prices and a lackluster jobs report.
Fannie and Freddie plan to streamline underwritingMortgage loans could be less expensive and underwritten faster under new Fannie Mae and Freddie Mac guidelines. The new rules could affect over half of all mortgages originated in the U.S.
SandP index: Home prices rose in AugustPrices went up 5.1% in August after a 5% gain in July as an increasing number of buyers competed for a decreasing number of listings.
HUD expands protection for survivors of violenceThe rule codifies protections across HUD programs to ensure survivors – who are empowered to self-certify – aren't evicted or denied assistance as an applicant.