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The 121014 Daily Hot Sheet Of Palm Beach Real Estate & More

By Winston Heverly

Real Estate Agent with Coldwell Banker Access Realty 433494

December 10, 2014 05:53 AM

The Daily Hot Sheets of Palm Beach Real Estate & FL Realtor News

Wednesday, December 10, 2014

TODAY'S TOP STORIES

Will 3% downpayments boost millennial ownership?

It's too soon to know which lenders will offer just-announced lower downpayment rates, but one analyst expects it to help a significant number of Fla. buyers. Read more.

NAR pushed Congress for first-time buyer help

"The housing market hasn't been this unwelcoming to first-time buyers since 1987," a Realtor told members of a U.S. Senate Banking Subcommittee. Read more.

Survey: Homeownership still seen as enviable goal

Today's renters want to own a home, but many won't try. While 90% say ownership is something to be proud of, only 39% will shop within the next three years. Read more.

Citizens to warn owners about proposed 'takeouts'

Currently, homeowners don't know that Fla.-owned Citizens Ins. has offered to transfer their homeowners insurance policy until the private insurer sends a letter. Read more.

Fannie, Freddie halt evictions during the holidays

In what's become yearly tradition, Fannie Mae and Freddie Mac won't evict families over the holidays, though legal proceedings will continue behind the scenes. Read more.

NOW YOU KNOW

3 Fla. cities poised for baby boomers sales

NAR considers Fort Myers, Orlando and Sarasota in the top 10 for expected baby boomer housing demand, based on trends, affordability and economic conditions. Read more.

Make a note of it

Great American Realtor Days: March 3-4, 2015

Attend Great American Realtor Days: Talk with lawmakers, network and promote pro-real estate issues by showing policymakers the strength of our industry. Learn more.