News

  • CoreLogic study: Do owners fare better than renters?
    on April 19, 2019 at 8:11 am

    The rent index jumped 36% in 13 years (2005-2018) while the typical mortgage payment fell 4%. Without fixed monthly costs, renters spend more on housing. […]

  • Housing starts decline in March
    on April 19, 2019 at 8:10 am

    Starts fell 0.3% from a downwardly revised Feb. reading. Multifamily stayed constant; single-family declined 0.4% but rose 1.5% in the South, which includes Fla. […]

  • Central Florida cities among fastest growing in U.S.
    on April 19, 2019 at 8:09 am

    Census Bureau: Orlando added 60K residents last year and Tampa added 51K. As a percentage of current population, Lakeland and The Villages showed strong growth. […]

  • Quicken will consider rental income for mortgage refi
    on April 19, 2019 at 8:08 am

    The online lender partnered with Vrbo, an Airbnb competitor. If owners rent rooms or full homes using Vrbo, Quicken will consider that income in a refi decision. […]

  • Think the housing crisis was bad? The 1920s were worse
    on April 19, 2019 at 8:07 am

    Fla. history: Plots of unseen swampland were sold over and over for more and more money until we "ran out of suckers." And a trio of hurricanes didn't help. […]

  • Help a Fla. builder be the 'ENVY' of all
    on April 19, 2019 at 8:06 am

    Spread the word: Florida Realtors wants 2019 ENVY Award entries, the top honor for projects designed in harmony with the environment. The deadline is Tuesday, July 9, 2019. […]

  • Zillow Group sued for inaccessible website
    on April 19, 2019 at 6:53 am

    Fla. Realtors data: Active listings inventory up; year-over-year median prices up 1.3% for single-family homes, 4.7% for condo-townhomes. In good news for buyers and sellers, Fed indicates no interest rate hikes for a while, says Chief Economist O'Connor. […]

  • Mortgage rates increased this week – 30-year at 4.17%
    on April 18, 2019 at 9:37 am

    The week-to-week increase was .05%, and it's still good news for homebuyers. One year ago, the FRM averaged 4.47%. […]

  • Fla. Senate and House line up on 'AOB' overhaul
    on April 18, 2019 at 9:36 am

    While not assured, the Florida Legislature appears closer to finalizing property insurance assignment-of-benefits reform this year after failing to do so in previous sessions. The sponsor of a Senate bill says it's now in agreement with the House. […]

  • HUD proposes banning illegal immigrants from public housing
    on April 18, 2019 at 9:34 am

    The controversial plan would cancel Clinton-era regulations that allowed illegal immigrants to sign up for assistance without having to disclose their status. […]

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