The Daily Hot Sheet of Top Real Estate News
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Tuesday, August 25, 2015
TODAY'S TOP STORIES
U.S. new-home sales rebound in July
Sales rose 5.4% for the month, and they've gone up 21.2% through the first half of the year. Still, the supply of new and existing homes remains tight. Read more.
Economic slowdown in China could impact Fla. market
China's recent economic woes could be good news or bad news for Fla. real estate. It could slow int'l sales - or it could make U.S. property more appealing. Read more.
FHA will allow lending on homes with PACE loans
HUD announced that PACE, an energy-improvement loan program with a controversial lien, would now be allowed for FHA loans - but with a few strings attached. Read more.
U.S. consumer confidence surges 10 points in Aug.
Americans are pretty optimistic about the economy. Their attitudes about current conditions rose 11.1 points, and their future expectations rose 10.2 points. Read more.
The Fla. Save Our Homes tax break kicks in again
The value of Save Our Homes returns as home prices rise. The Fla. policy caps yearly property tax increases to 3% - and move-up buyers can take it with them. Read more.
NOW YOU KNOW
Fla. Realtor is NAR Good Neighbor award finalist
Barbara Mills, RE/MAX Realty One in Inverness, is one of 10 NAR finalists. The award honors members who make "an extraordinary impact on their community." Read more.
Make a note of it
Apply now for Florida Realtors Leadership Academy
The Academy "identifies, educates and inspires" our next generation of association and community leaders. Apply online before Dec. 31 to be part of 2016 Academy.
AROUND FLORIDA
Central Florida: Winter Park Hospital gets OK for major expansion
Port Orange: City makes Riverwalk condos a priority
Pensacola: Wine World, Craft Bar and residences planned for Aragon
Montverde: New condo hotel planned for Bella Collina community
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