Who was honor as 2017 Realtor of the Year?

21 Aug

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Florida Realtors honors Matey Veissi as 2017 Realtor of the Year ORLANDO, Fla. – Aug. 17, 2017 – Florida Realtors® recognized Matey H. Veissi, 2016 Florida Realtors president, as its 2017 Realtor of the Year. The award – one of several – was presented Thursday during the state association’s annual Convention & Trade Expo at Rosen Shingle... Read more »

Who did Florida Realtors names 2017 Legislators of the Year

21 Aug

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Florida Realtors names 2017 Legislators of the Year TALLAHASSEE, Fla. – Aug. 17, 2017 – Florida Realtors®, the state’s largest professional trade association, announced its 2017 Legislators of the Year Award winners on Thursday. Senators René García, Tom Lee, Kathleen Passidomo and Kelli Stargel, and Representatives Jim Boyd, Colleen Burton, Byron Donalds and Holly Raschein,... Read more »

What do you think about Fewer homeowners ‘seriously underwater’

18 Aug

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Fewer homeowners ‘seriously underwater’ MIAMI – Aug. 17, 2017 – Home equity continues to revitalize the South Florida housing market. Second-quarter figures from ATTOM Data Solutions show declines in “seriously underwater” homeowners and increases in equity-rich owners – the result of steadily rising home prices since 2012. “A lot of wealth has been created for... Read more »

More owners tapping home equity to start businesses

17 Aug

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More owners tapping home equity to start businesses NEW YORK – Aug. 16, 2017 – Homeowners are turning to home equity not just for home renovations but also to launch new businesses. Equity was used as a source of capital to launch 284,618 U.S. businesses (7.3 percent of all businesses), according to a newly released... Read more »

Did you know that the US home prices jump six point two percent in 2Q

17 Aug

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NAR: U.S. home prices jump 6.2% in 2Q WASHINGTON – Aug. 16, 2017 – The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly report by the National Association of... Read more »

Did you that if the government shutdown it could delay real estate closings

16 Aug

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Gov’t shutdown could delay real estate closings WASHINGTON – Aug. 15, 2017 – A bipartisan group of House members is working on a proposal to address the most urgent task facing Congress when it returns in September: how to keep the government open and avoid the first-ever default on the nation’s debt. Members of the... Read more »

Bond portfolio could shrink soon

16 Aug

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Top Fed official: Bond portfolio could shrink soon NEW YORK (AP) – Aug. 15, 2017 – A top Federal Reserve official suggested Monday that the Fed will likely announce next month that it will begin paring its bond portfolio – a step that could lead to slightly higher rates on mortgages and other loans. In... Read more »

Did you know that Facebook unveils ad product for real estate

15 Aug

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Facebook unveils ad product for real estate SAN FRANCISCO – Aug. 14, 2017 – Facebook rolled out Dynamic Ads for Real Estate, its first real estate-specific ad product that enables brokerages to advertise relevant listings to Facebook and Instagram users who previously searched for properties on the brokerages’ websites. The new product is similar to something... Read more »

Agrihoods a possible use for dying Fla golf courses

14 Aug

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‘Agrihoods’ a possible use for dying Fla. golf courses? CHICAGO – Aug. 11, 2017 – More people want to experience farm life without buying an entire farm. As a result, an emerging type of community catching on from coast to coast is centered around food production and called an “agrihood.” Suburban agrihoods began appearing in... Read more »

Did you know that Fannie, Freddie postpone new credit scoring models

14 Aug

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Fannie, Freddie postpone new credit scoring models WASHINGTON – Aug. 11, 2017 – If you’ve been waiting for the long-anticipated news that the two dominant players in the home mortgage arena – Fannie Mae and Freddie Mac – finally have decided to overhaul their outdated credit scoring systems to expand homeownership opportunities for a broader... Read more »