The Daily Hot Sheet of Top Real Estate News
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Friday, August 28, 2015
TODAY'S TOP STORIES
Average 30-year mortgage rate drops to 3.84%
In a week marked by turmoil in global markets, average U.S. long-term mortgage rates dropped to their lowest levels since May. Read more.
Gov. Scott declares state of emergency in Fla.
Officials urge residents to prepare as forecasters say Tropical Storm Erika could hit the state's southern tip Monday. Read more.
Floridians feel slightly more optimistic - maybe
UF's consumer sentiment index increased less than 1 point in August. Meanwhile, expectations rose for U.S. economic conditions in the future. Read more.
Mortgage requires homeowner to have insurance
Real estate Q&A: A homeowner wants to know if the lender can force him to include the insurance payment with the monthly mortgage payment. Read more.
Cash still king in Florida real estate
RealtyTrac: In July, the state was again tops in the nation for single-family homes and condos bought with no financing. Sebastian was No. 1 for metros. Read more.
NOW YOU KNOW
Wanted: 10,000 visitors to your website
To boost traffic to your real estate website, increase your social media presence daily with planned posts to Facebook, LinkedIn and Google+, for example. Read more.
Make a note of it
Keeping an eye on the storm
Florida Realtors has an emergency plan in place if Tropical Storm Erika creates an unsafe environment for the management team and requires office closings. Check floridarealtors.org for updates and for disaster resources.
AROUND FLORIDA
Manatee County: Developer quits board after wetland building permit OK
Daytona Beach: New owners to pump $2M into water park
Miami: LeBron James sells waterfront estate for $13.4M
Lake Mary: Officials to create 'Midtown' for new $200M project
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