The Daily Hot Sheet of Top Real Estate News
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Tuesday, September 1, 2015
TODAY'S TOP STORIES
Construction spending at highest level in 7 years
The U.S. is building. Construction spending rose 13.7% over the past year, with July's single-family houses up 2.1%, factories 4.7% and power facilities 2.1%. Read more.
High luxury market seeks 'opportunity gateways'
Sotheby's study: The world has 200K-plus individuals with a net worth over $30M, and they tend to buy a property that helps them safely diversify investments. Read more.
Stocks gyrate but financial health remains solid
While many stock-owning Americans took a recent financial hit, bedrock U.S. economic issues remain strong, such as home values, mortgage rates and gas prices. Read more.
What is proper etiquette for mobile phone use?
Is it worth offending a potential buyer by taking a call from a seller? A survey finds only 5% believe it's OK at a meeting and 38% at a restaurant. Read more.
Women's Council of Realtors donates suitcases
In Jan., the Fla. WCR chapter teamed up with local chapters and set a goal: collect 100 suitcases for foster-care children. By Aug., they'd collected over 851. Read more.
NOW YOU KNOW
Boca Realtor markets a fly-and-buy offer
Interested snowbirds pay for their own flight and hotel, but the real estate firm reimburses buyers for those expenses at the closing table. Read more.
Make a note of it
FORM UPDATE: Florida Realtors/Florida Bar forms
Some contracts, riders and CRSP will change Sept. 28 as the industry prepares for Oct. 3 new mortgage disclosures. Preview the new forms on Florida Realtors' website.
AROUND FLORIDA
Orlando: New 365-room hotel slated for I-Drive area
Davie: Developer seeks approval for 41 homes
Lakewood Ranch: 122-room hotel planned to relieve room shortage
Tampa Bay: Condo owners are losing their homes
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