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My Safe Florida Home program approaching goals
June 24, 2008 Posted by Florida Real Estate
TALLAHASSEE, Fla. – June 24, 2008 – Procrastinators take note: If clients want a free hurricane home inspection courtesy of the State of Florida, sign up now. Most homeowners save money on property insurance following an inspection, but the program will achieve its goals and probably stop taking new applications later this summer.
HOPE NOW Adopts New Guidelines to Speed Help to Homeowners Facing Foreclosure
June 23, 2008 Posted by Florida Real Estate
HOPE NOW, the industry alliance of mortgage lenders, servicers, investors, and counselors, today announced that its servicer members have agreed to a uniform set of procedures and guidelines that will greatly enhance the ability of homeowners to quickly receive the help they need and ensure that the assistance process is respectful, understandable, and transparent.
Crist signs real estate bills into law
June 19, 2008 Posted by Florida Real Estate
TALLAHASSEE, Fla. – Gov. Charlie Crist signed one of FAR’s top legislative initiatives yesterday: Florida’s “highest and best use” property assessment standard will become fairer on Sept. 1, 2008, under HB 909 by Rep. Peter Nehr (R-Tarpon Springs). Starting in September, the state will retain the “highest and best use” standard, but “best use” has […]
New law allows landlords to charge liquidated damages
June 18, 2008 Posted by Florida Real Estate
TALLAHASSEE, Fla. – A Florida landlord can now charge liquidated damages or an early termination fee under a bill signed last week by Gov. Charlie Crist, even if the property is re-rented immediately. The bill is similar to one Crist vetoed last year.
Housing starts and building permits decline in May
June 17, 2008 Posted by Florida Real Estate
WASHINGTON – The Census Bureau reported this morning that May housing starts fell by 3.3 percent compared to April numbers. Privately-owned housing starts in May were at a seasonally adjusted annual rate of 975,000 compared to the revised April estimate of 1,008,000. Compared to May 2007, starts declined 32.1 percent.
Florida No. 2 in failed loans as foreclosures surge
June 9, 2008 Posted by Florida Real Estate
MIAMI – June 6, 2008 – As adjustable-rate home loans continued to reset amid falling property values, the number of homeowners succumbing to foreclosure surged in Florida in the first three months of the year to 77,000 properties.
HUD Approves Demolition of Dunbar Village One Year after Vicious Attack
June 5, 2008 Posted by Florida Real Estate
Portion of apartments at complex where mother and son were brutally attacked will be torn downWASHINGTON - The U.S. Department of Housing and Urban Development today gave the West Palm Beach Housing Authority (WPBHA) approval to demolish 13 buildings at the notorious Dunbar Village public housing complex in West Palm Beach.
Confidence in rental market weakens
June 4, 2008 Posted by Florida Real Estate
WASHINGTON – June 4, 2008 – Builder confidence in the rental apartment market dropped in the first quarter of 2008, according to the latest results of the Multifamily Rental Market Index (MRMI) from the National Association of Home Builders (NAHB).
Florida existing home sales improve in April compared to March 2008
May 26, 2008 Posted by Florida Real Estate
ORLANDO, Fla. – May 23, 2008 – Florida Realtors® statewide reported an upswing in existing home and condominium sales from March to April 2008, according to the latest housing statistics released by the Florida Association of Realtors® (FAR). A total of 11,200 existing single-family homes changed hands in April, a 20 percent increase over the […]
Five technology predictions for real estate
May 19, 2008 Posted by Florida Real Estate
WASHINGTON – May 19, 2008 – Powerful mobile tools, voice-activated devices and a lot of video will better connect real estate practitioners with their customers in coming years, predicted a panel of technology experts at NAR’s Midyear Meetings.