The Daily Hot Sheet of Palm Beach Real Estate & Florida News Thursday, April 16, 2015    TODAY'S TOP STORIES   Economist: Higher wages could boost Fla. housing Fannie Mae Chief Economist Doug Duncan said yesterday in Fort Lauderdale that Fla. wages have inched up. If it continues, housing will almost certainly benefit. Read more.   Renting: Get deal in writing, even from relatives Real estate Q&A: A lease may not be legally required to rent a condo from a relative, but it's still a good idea because circumstances can change. Read more.   Housing starts edge up 2% in March The new-home sector continues to rebound, though at a slow pace. Single-family builds rose 4.4% for the month and permits rose 2.1%. Read more.   RealtyTrac: Fla. again top foreclosure state While the state foreclosu... 04/16/2015

The Daily Hot Sheet of Palm Beach Real Estate & Florida NewsWednesday, April 8, 2015   TODAY'S TOP STORIESMortgage credit conditions best in yearsIt's not as easy to get a mortgage loan as it was in, say, 2006 – but the Mortgage Bankers Association says tight loan standards eased significantly last month. Read more.ListHub-Zillow agreement endsEffective today, Zillow must remove ListHub data from Trulia, Postlets and HotPads, among others, unless it has independent consent from an MLS or broker. Read more.Marketing tip: Don't ignore the boomerang buyersRealtyTrac: Ex-owners who lost out due to a short sale or foreclosure could soon re-enter the market, and there are a lot of them in the U.S. – about 7.3 million. Read more.Home buying interest at an all-time lowFannie Mae survey: Stagnan... 04/08/2015

Pine Ridge North Village IV Condo for Rent | 818 Sky Pine Way E1 Overview Maps Photos Description Neighborhood $900 Residential Rental Main Features 2 Bedrooms2 Bathrooms1 UnitInterior: 1,111 sqft Location 818 Sky Pine WayE-1Greenacres, FL 33415USA Michelle Gibson, REALTOR Hansen Real Estate Group Inc.(561) 333-0446contact@wellingtonhometeam.comhttp://wellingtonhometeam.com        Listed by: Hansen Real Estate Group ~ Michelle Gibson, REALTOR Our recent listings Sugar Pond Manor Home for Sale | 14338 Horseshoe TracePine Ridge North Village IV Condo for Rent | 818 Sky Pine Way E1Fernley Two Condo for Sale in West Palm Beach Florida | 5725 Fernley DrOlympia Pool Home for Sale in Wellington Florida | 9664 Wolcott PlaceVillageWalk Home for Rent in Wellington Florida | 8072 Jolly Harbour Co... 04/06/2015

The Daily Hot Sheet of Palm Beach Real Estate & Florida News March 26, 2015     TODAY'S TOP STORIES Most millennials don't understand closing costs Survey: Two out of three younger adults aren't prepared for closing costs - and many don't know they even exist. Among all adults, it's one out of three. Read more. Amendment gets enough signatures for court review Proposed Fla. constitution change crossed its first threshold. If it makes it to the 2016 ballot, voters will consider expanding solar energy to private markets. Read more. Public adjuster can aid in insurance dispute Real estate Q&A: An upstairs condo flood caused extensive damage, but the insurance company wants to pay less than the repair cost. What should owner do? Read more. Bidding wars return NAR: One in three homes curren... 03/26/2015

Considered as the 8th largest city in Palm Beach County; Greenacres is an attractive and safe community with a well-planned layout and design. The city offers a variety of real estate options perfect for those who wish to start and raise a family, as well as retirees and alike. 03/22/2015

The Daily Hot Sheet of palm Beach Real Estate & FL Realtor News Thursday, March 19, 2015    TODAY'S TOP STORIES Fla. Senate moves to protect affordable housing A notable win yesterday in Florida Realtors' efforts to protect the state's affordable housing trust funds: A Senate committee voted to maintain full funding. Read more. Freddie's 3% downpayments start next week It will get easier for some buyers to qualify for a mortgage starting Monday when Freddie Mac lowers its minimum to 3%, a move Fannie Mae took in Dec. Read more. Fla.'s foreclosure status improves In RealtyTrac's Feb. report, Fla. ranked third in total foreclosure rate, but its problems appear to be improving faster than in some other states. Read more. Federal Reserve 'patient' no more When will mortgage rates rise? In ... 03/19/2015

    The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Wednesday, March 4, 2015   TODAY'S TOP STORIES Townhome market showing signs of a comeback Townhouse construction rose in 2014 based on increased homebuyer interest. Realtors in Fla. and seven other states report a noticeable upswing in demand. Read more. Builders shy away from starter homes For now, first-time buyers will have more luck focusing on resale homes than new construction. There's starter-home demand, but builders aren't interested yet. Read more. Study: 21 states had higher 2014 tax rates than Fla. Compared to other U.S. states, Fla. ranks near the middle for effective property tax rates at 1.18% - but that varies by county, according to a RealtyTrac report. Read more.   Cast a wide net in hunting for a hou... 03/04/2015

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Friday, February 20, 2015   TODAY'S TOP STORIES Institutional investors: 78K Fla. homes in 4 years RealtyTrac: Fla. continues to lead nation in single-family buyers who purchase at least 10 properties per year. It's also home to four top cities for cash sales. Read more. Average 30-year mortgage rate rises to 3.76% It's the second week-to-week rise in a row, but rates remain near historic lows. A year ago, the average FRM was 4.33%. Read more. Fannie and Freddie add cash to U.S. treasury The two finance giants have paid back recession-era loans and, for now, U.S. coffers benefit from their significant profits: $2.8B was added in 4Q 2014. Read more.   Homeowner tax breaks seem safe for now A few years ago, it appeared the m... 02/20/2015

Considered as the 8th largest city in Palm Beach County, the beautiful city of Greenacres offers its homebuyers and residents a variety of real estate options that will perfectly suit each taste and needs. The city is located just five miles from the beach, and the Atlantic Ocean thus allowing its residents to enjoy the waters nearby. 02/15/2015

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, February 12, 2015   TODAY'S TOP STORIES U.S. foreclosure activity up 5% in Jan. Bank repossessions in U.S. up to 15-month high; in Fla., REOs up 17% year-over-year. Fla. had highest state foreclosure rate - one in every 441 housing units. Read more. Higher incomes boost housing optimism Fannie Mae: 29% households say their income is "significantly higher" now than it was 12 months ago; 48% expect their finances to improve over next year. Read more. Easy U.S. visa rules attract more Chinese buyers In Nov., China and the U.S. signed an agreement to eliminate yearly renewals of tourist and business visas; both countries' citizens now can obtain 10-year visas. Read more.   Living trust avoids hassle and expense of pr... 02/12/2015

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, February 5, 2015     TODAY'S TOP STORIES Shopping for a mortgage: Urged but not often done Two studies found that about half of all buyers take the first mortgage offered. According to fed agency, many people find the application process intimidating. Read more. FHA fee cuts expected to boost home sales How much will FHA's mortgage insurance premium deduction from 1.35% to 0.85% impact the market? Some think it will translate into thousands of added sales. Read more. 'Ability to Repay' rule reduces mortgage fraud Interthinx: In 3Q 2014, the overall U.S. risk of mortgage fraud declined 2%, but two Fla. cities were in the top 10: Port St. Lucie (No. 3) and Miami (No. 8). Read more.   American homebuyers get more cr... 02/05/2015

  The numbers are in for the year end, 2014 for Palm Beach County cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source The Realtors® Association of the Palm Beaches.  Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida.  Please feel free to call me for any of your real estate needs.      01/25/2015

Delray Beach, of Palm Beach County, FL Market Stats & Facts for December 2014       Stats and facts about Greenacres, Florida, are out for the month of December 2014.  The report is packed with information about the county and the local city mentioned above. In a nut shell the inventory of single family homes available for sale are at a 2.0 month selling point which is down nearly 50.2% from a year ago. That’s a good sign things are loosening up and people are buying. Click on this LINK, for more graphs and stats.   Whether you are buying or selling in this hot market of the County of Palm Beach, FL, choosing the right company will save you money, time and many sleepless nights. I not only have 30 years experience as a Realtor, construction was a passion of mine as well. This alone is ... 01/25/2015

The Daily Hot Sheet of palm Beach Real Estate & FL Realtor NewsFriday, January 23, 2015   TODAY'S TOP STORIES Fla. real estate sales, listing, prices up in 2014 "In Dec. and throughout 2014, we've seen positive signs that Fla.'s housing sector is on a steady, sustainable path," says Florida Realtors Pres. Andrew Barbar. Read more. 55-plus housing market 'one of healthiest segments' NAHB: Builders says the older adult housing market "fared quite well in 2014," and they predict similarly strong results this year. Read more. Drone operator ends FAA case after $1,100 settlement A private drone user challenged the FAA ban on personal use. A judge initially backed the claim but was overruled because the FAA controls national airspace. Read more.   Average rate on 30-year mortgage falls to 3.... 01/23/2015

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, January 15, 2015   TODAY'S TOP STORIES What does a 'typical' Fla. buyer, seller look like? The latest Fla. buyer-seller profile finds buyers married (67%) and 54-years old. Sellers lived in a home 10 years, and 50% lowered an asking price at least once. Read more.   Realtors laud, laugh at FAA drone exemption The FAA approved a Realtor's use of drones last week, but some think they set the bar too high. Flights, for example, cannot last longer than seven minutes. Read more.   What's ahead for Florida's 2015 economy? Economists, civic leaders to discuss state's business and real estate trends during Florida Realtors 2015 Economic Summit, Jan. 21, at Mid-Winter Business Meetings. Read more.   Ballot proposal seeks ... 01/15/2015

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News   Thursday, January 8, 2015 TODAY'S TOP STORIES Obama to reduce FHA mortgage insurance premium rate The FHA plan will reduce annual mortgage insurance premiums by 0.5 percentage points, saving buyers $900 per year, according to the White House. Read more. Some consumers now have easy access to credit scores Free credit reports have been around for a while, but not the three-digit number lenders use. However, some websites and credit cards now offer the actual score. Read more. Florida Realtors: Get $1,000 or more for college Florida Realtors Education Foundation Student Scholarships offer $1,000 or more to residents planning to attend college full-time in the 2015-16 academic year. Read more.   The Fed is getting itchy to ... 01/08/2015

    Greenacres, of Palm Beach County, FL Market Stats & Facts for November 2014 Stats and facts about Greenacres, Florida, are out for the month of November 2014.  The report is packed with information about the county and the local city mentioned above. In a nut shell the inventory of single family homes available for sale are at a 2.0 month selling point which is down nearly 50.3%from a year ago. That’s a good sign things are loosening up and people are buying. Click on this LINK, for more graphs and stats.   Whether you are buying or selling in this hot market of the County of Palm Beach, FL, choosing the right company will save you money, time and many sleepless nights. I not only have 30 years experience as a Realtor, construction was a passion of mine as well. This alone is worth ... 12/26/2014

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Wednesday, December 17, 2014 TODAY'S TOP STORIES Short sale tax break heads to Obama Congress passed a tax forgiveness bill that caused NAR to issue a Call for Action. If the President signs, 2014 short sellers are shielded from related IRS taxes. Read more. U.S. Senator blocks terrorism insurance It appears an extension of the federal backstop for terrorism insurance is less likely to pass this year before Congress' annual holiday break. Read more. For leads, old-school tactics top online options Imprev survey: 97% of industry execs say traditional lead generation - open houses, cold calls, etc. - gets better results than online ads and social networking. Read more.   Mortgage fraud: Fla. still No. 1 but things improved L... 12/17/2014

A beautiful Mediterranean-inspired community that is ideal for raising a family in the city of Greenacres. The Nautica Isles features a wonderful selection of single-family homes where residents can enjoy the use of the community’s amenities that include basketball courts, tennis courts, soccer field, playground for kids and a clubhouse.   12/12/2014

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, December 11, 2014 TODAY'S TOP STORIES Fla. returns to No. 1 foreclosure position The state improved substantially year-to-year. By metro area, however, Fla. cities ranked as 8 of the top 10 foreclosure hotspots, according to RealtyTrac report. Read more. FHA's 90-day flipping ban returns Jan. 1 A post-recession waiver allowed property flips in less than 90 days, but FHA announced that the wavier will expire at the end of 2014. Read more. House renews government terror insurance backstop However, the Senate must consider the bill next, and opposition to an unrelated amendment within the bill may hinder passage. Read more.   2015 delinquent mortgages to hit pre-recession level TransUnion: U.S. foreclosures will hit... 12/11/2014