The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, August 7, 2014 TODAY'S TOP STORIES Homes less affordable in 1 out of 3 U.S. counties While home affordability is better than it was during the housing bubble, only some cities in Middle America are keeping pace with local incomes. Read more. 90 homeless Fla. veterans to get housing vouchers HUD money will be used by 24 public housing agencies for housing vouchers. Up to 1,000 U.S. vets are expected to benefit from the program. Read more. Use security deposit for rent? Real estate Q&A: A tenant wants to use his security deposit to pay one month's rent, but an agreeable landlord must follow Florida rules to do so. Read more. Fannie, Freddie now profitable for taxpayers Fannie Mae and Freddie Mac paid back recession... 08/07/2014

The June 2014 numbers are in. 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.   07/31/2014

Greenacres, of Palm Beach County, FL Market Stats & Facts for June 2014 Stats and facts about Greenacres, Florida, are out for the month of June 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 3.7 month selling point which is down nearly 0.2%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 worth so much more t... 07/27/2014

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, July 24, 2014 TODAY'S TOP STORIES Fewer underwater homes regain equity in 2Q RealtyTrac: 17% of homeowners were "seriously underwater." It's a marginal drop over the previous quarter but down from 26% in 2Q 2013. Read more. U.S. files lawsuits against foreclosure relief firms Three firms, including one in Fla., allegedly offered to help distressed homeowners but instead used "deceptive marketing tactics to rip off" consumers. Read more. Fla. real estate licensee fees now 20% less About 25% of Fla. real estate licensees must renew by Sept. 30, and sale associates' fees have dropped from $80 to $64; brokers went from $90 to $72. Read more.   New home sales drop in June Commerce Department: Sales fell 8.1% last mont... 07/24/2014

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News           Thursday, July 3, 2014   TODAY'S TOP STORIES Study cites best areas for boomer, millennial rents RealtyTrac: Four Fla. counties ranked as top U.S. areas for renting to millennials, but Fla. dominated boomer rentals: 16 out of 25 slots and all of the top 10. Read more. Apps creating 'on demand' real estate services Traditional "floor time" at brokerages is going high tech. A buyer can now tap an app to say, "I want to see this house." Minutes later, a Realtor shows up. Read more. Average rate on 30-year mortgages dips At 4.12%, FRMs are slightly lower than they were in July 2013. They rose last summer after a Fed program switched gears but have declined since then. Read more.       Zillow ordered to limit work of ... 07/03/2014

The May numbers are in. 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.   06/30/2014

Greenacres, of Palm Beach County, FL Market Stats & Facts for May 2014 Stats and facts about Greenacres, Florida, are out for the month of May 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 3.7 month selling point which is down nearly 11.5% 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 so much more t... 06/29/2014

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, June 26, 2014   TODAY'S TOP STORIES Fla. is home to 1/3 of U.S. zombie foreclosures The state has a high percentage of the nation's empty homes. Its zombie homes – ones in foreclosure but not yet taken – sit on the market an average 411 days. Read more. Realtors investing more in mobile technologies NAR tech survey finds that brokers spent $1,410 on technology, up from $1,122 a year earlier; agents spent $848, up slightly from $822 in 2012. Read more. Federal regulations grounding some flying cameras The FAA says real estate agents who use personal drones to photograph listings need a commercial license. But FAA jurisdiction and rules have been questioned. Read more.   Citizens delays expansion of clearinghouse T... 06/26/2014

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Friday, June 13, 2014   TODAY'S TOP STORIES Average U.S. 30-year mortgage rate up to 4.20% It's the second week in a row that the average U.S. rates on fixed mortgages rose but remained near historic lows. The average 15-year FRM rose to 3.31%. Read more. Land sales to fund Florida Forever? Next week, Fla. Cabinet will consider approving the sale of seven parcels across the state, which could generate about $18.8M for the Florida Forever fund. Read more. Study: Home warranties increase home sale prices A new report found homes covered by a protection plan sell faster and for a higher sales price - about $2,300 more - than those without such warranties. Read more.   Underused VA mortgage program gaining interest A spike in ... 06/13/2014

Greenacres, of Palm Beach County, FL Market Stats & Facts for April 2014     Stats and facts about Greenacres, Florida, are out for the month of April 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 3.7 month selling point which is down nearly 14.4% 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 29 years experience as a Realtor, construction was a passion of mine as well. This alone is worth so muc... 05/25/2014

The Daily Hot Sheet Of Palm Beach Real Estate & FL Realtor News Friday, May 16, 2014     TODAY'S TOP STORIES U.S. home building climbed 13.2% in April Home construction surged to its highest pace in five months, though most of the increase was logged in the more volatile apartment sector. Read more. Average 30-year mortgage rate dips to 4.2% It's the third week for a mortgage rate decline, but most experts predict little change up or down over the short term. Read more. Hopes fade for bill to end Fannie, Freddie A bill to make Fannie and Freddie private rather than 100% government-owned appears stalled, and it's unclear what will happen after Nov. elections. Read more.   NAR backs changes in foreign investment taxation There's a move in Congress to tinker with FIRPTA and shield more fo... 05/16/2014

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, May 8, 2014   TODAY'S TOP STORIES Survey: More owners think it's a good time to sell Fannie Mae report: 42% of respondents think it's a good time to sell a home – the third monthly increase in a row – and 69% believe it's a good time to buy. Read more. Fannie, Freddie post solid earnings for 1Q The U.S.-owned mortgage giants got $187B during the meltdown but have since paid it back to the U.S. Treasury along with $15B more from recent profits. Read more. FHA may nix 'antiquated' mortgage prepayment penalty If an FHA-mortgaged home seller closes on May 1, he still pays interest on the loan through May 31. However, that should change by early 2015. Read more.   Looking for a growing niche market? Target boomers Cen... 05/08/2014

Greenacres, of Palm Beach County, FL Market Stats & Facts for March 2014   Stats and facts about Greenacres, Florida, are out for the month of March 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 3.8 month selling point which is down nearly 20.4% 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 29 years experience as a Realtor, construction was a passion of mine as well. This alone is worth so much ... 05/04/2014

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Wednesday, April 30, 2014   TODAY'S TOP STORIES Survey: What would recent homebuyers do differently? Chase asked 807 buyers to reflect on a recent purchase. In hindsight, 56% wish they'd known more about the financial aspects of buying a home. Read more. Analysts still bank on 7% home appreciation Despite recent weak housing reports, Wall Street still thinks home prices will increase 7% this year. Fla., one of the top four states, should see 8.3%. Read more. Floridians' confidence in economy stays fairly flat UF: Confidence fell one point this month. "Economy remains on a steady path without any big changes either negative or positive," says UF chief economist. Read more.   U.S. economic growth slows in 1Q – but that's oka... 04/30/2014

  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.   04/27/2014

Greenacres, of Palm Beach County, FL Market Stats & Facts for February 2014   Stats and facts about Greenacres, Florida, are out for the month of February 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 3.7 month selling point which is down nearly 23.5%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 29 years experience as a Realtor, construction was a passion of mine as well. This alone is worth so ... 04/13/2014

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Friday, April 11, 2014   TODAY'S TOP STORIES Foreclosed owners could buy home again in 12 months If a major event led to foreclosure, FHA's "Back to Work" program could help buyers who can afford a mortgage payment and are willing to accept counseling. Read more. Average 30-year mortgage rate down to 4.34% A fed program pullback should push rates higher, but a drop in refinancings has kept them in check; only 24% of experts predict a short-term increase. Read more. Few hurricanes predicted - but keep fingers crossed Expert predictions have been inaccurate for the past two years, but it only takes one storm's landfall to make a difference. Chances of a Fla. hit in 2014: 20%. Read more.   Schumer: Terror-risk insurance exten... 04/11/2014

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Wednesday, April 2, 2014   TODAY'S TOP STORIES 2013 vacation home sales up, investment property down NAR: Vacation home sales rose to 13% of all 2013 transactions; investment homes, while down, made up 20%; and owner-occupant homes rose to 13.1%. Read more. Freddie: No more record-low mortgage rates While 4.3% rates remain historically low, it's unlikely they'll flirt with the 3.31% record set in Nov. 2012 - but 1981's historic 18.73% high isn't expected either. Read more. Families more willing to move for the woman's job Mayflower survey: One in three American households considering a move this year, and women's careers increasingly drive a decision to relocate. Read more.   S Fla. water managers may appeal Clean Water ru... 04/02/2014

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.   03/25/2014

The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, March 13, 2014   TODAY'S TOP STORIES RealtyTrac: Fla. still No. 1 in foreclosure activity But state is improving. The number of homes in some stage of foreclosure dropped 24% year-to-year in Feb., though the process still takes 1,095 days to complete. Read more. Akerman survey finds steady commercial optimism Survey finds higher expectations for capital from almost all sources - domestic investors, banks and foreign investment; 70% are optimistic about 2014 growth. Read more. Study suggests 1 in 10 renters wants to buy in 2014 A new research project contradicts pundits who suggest renting is the new norm: 10% of today's renters say they want to buy a home this year. Read more.   Abandoned 'zombie' homes haunt Fla... 03/13/2014