Category: Central Florida Homeowner News
June 19, 2014 - No Comments
TALLAHASSEE, Fla. – June 19, 2014 – International home purchasers play an integral role in Florida's housing market, according to an analysis of home sales by Florida TaxWatch. "Buying In, An Analysis of International Homebuyers in Florida," looks at the nations that have the highest amount of home purchases in the Sunshine State. The report projects that Florida will sell an estimated 60,000-plus homes to international buyers through 2016.
June 13, 2014 - No Comments
SAN FRANCISCO – June 12, 2014 – The concept of value is subjective when it comes to home amenities, and sellers often find that price and cost do not equal value. Buyers' and sellers' motivations and desires play a big role, but they can be difficult to calculate. Some people may be willing to pay more for a pool, a main-floor master bedroom or to live a certain location, for example, but these features may turn off others.
June 2, 2014 - No Comments
NEW YORK – June 2, 2014 – Porch, a real estate website that tracks home-improvement projects, says that almost 50 percent of all home-improvement projects involve handyman services during the six months prior to a home sale. When it comes to home improvement projects undertaken by new the new owners in the six months after a property sale, most involved replacing water heaters, updating the plumbing and repairing sewers.
May 29, 2014 - No Comments
IRVINE, Calif. – May 29, 2014 – RealtyTrac's April 2014 Residential & Foreclosure Sales Report finds that U.S. residential properties – single family homes, condominiums and townhomes – sold at an estimated annual pace of 5,213,793 in April, a decrease of less than 1 percent from March but an increase of 4 percent from April 2013. The median sales price of U.S. residential properties – including both distressed and non-distressed sales – was $172,000 in April, an increase of 4 percent from the previous month and an increase of 11 percent from April 2013 – the biggest year-over-year increase since U.S. median prices bottomed out in March 2012. "April home sales numbers are exhibiting the continued effects of low supply and still-strong demand that exist in many markets," says Daren Blomquist, vice president at RealtyTrac. "Annualized sales volume nationwide decreased on a monthly basis for the sixth consecutive month and the 4 percent annual increase in April was the lowest year-over-year increase so far this year."
May 19, 2014 - No Comments
State regulators are taking it too easy on insurance companies, a consumer group says. That's certainly not the narrative you'll hear from the insurance industry. But Americans paid a record amount for property and casualty insurance in 2013, $478 billion in earned premiums, and it's excessive, argues the Consumer Federation of America. "The data make it indisputably clear that insurance companies are overcharging their customers in order to rake in huge profits," said J. Robert Hunter, the group's director of insurance and a former consultant to Florida regulators.
May 18, 2014 - No Comments
Homeownership is expected to retain its political luster through the 2014 election cycle, even as lawmakers struggle to reach consensus on major policy issues like immigration and healthcare, said two top political strategists at the Federal Legislative and Political Forum, part of the Realtor® Party Convention & Trade Expo. Steve Schmidt, who served as a communications strategist for the presidential campaigns of John McCain and George W. Bush, joined David Plouffe, a former senior advisor to President Barack Obama, to offer predictions for the upcoming midterm elections and the impact they will have on Congress' ability to pass meaningful housing legislation this year.
May 15, 2014 - No Comments
Florida is heading into hurricane season with good news. The state-created fund that backs up private insurers in Florida appears to be in very good financial shape again this year.
May 8, 2014 - No Comments
Americans' outlook toward the housing market continued to improve in April – and perhaps foreshadow an increase in housing activity in the coming months – according to results from Fannie Mae's April 2014 National Housing Survey. The share of respondents who believe it's a good time to sell a home increased for the third consecutive month to an all-time high of 42 percent, an encouraging sign since many potential homebuyers will need to sell a home before entering the purchase market.
May 3, 2014 - No Comments
// Let us work together with you to find your Orlando area dream home starting today! Condo owner feels singled out by board president FORT LAUDERDALE, Fla. – May 2, 2014 Question: I bought a condominium about a year ago, and almost immediately the association's president started to single me out. I have received violations for issues that don't exist at all or ...
April 1, 2014 - No Comments
TALLAHASSEE, Fla. (AP) – March 31, 2014 – A federal judge says pumping water from farmlands into public water supplies such as Florida’s Lake Okeechobee violates the Clean Water Act. Environmental groups say Friday’s ruling by U.S. District Judge Kenneth Karas in New York’s Southern District was “long overdue.”
March 22, 2014 - No Comments
// Let us work together with you to find your Orlando area dream home starting today! Big investors slow their buying spree NEW YORK – March 21, 2014 Big institutional investors are getting away from buying single-family rental homes in bulk and narrowing their focus to only a few markets for future purchases, CoStar Group reports. The Blackstone Group, the largest institutional investor in ...