Daily Hot Sheet Of Top Real Estate News Trending Now
Monday, September 14, 2015
TODAY'S TOP STORIES
Will stock market flop hit luxury home sales?
If it's not a temporary stock correction, some investors could decide to sit on their real estate, neither buying nor selling. But some might invest even more. Read more.
Are lenders cherry-picking higher FICO scores?
Ellie Mae says that the average homebuyer's credit score was 752 in Jan. but it rose to 757 by July. Bankers say credit scores are only part of the equation. Read more.
Rate-hike decision down to the wire
Experts wondered all summer if the Fed would hike short-term interest rates, which directly impact ARMs, at its Sept. meeting. They'll find out on Thursday. Read more.
Could home values jump as jobs outpace construction?
It's Economics 101: If rising demand (more jobs) outpaces supply (new homes), the price of homes goes up. In S. Fla., builder concerns and land pose a problem. Read more.
Scary letters entice some owners to abandon Citizens
Private insurers approved to take homeowners policies from the Fla.-owned insurer allegedly use "scare tactics" to entice more Floridians away from Citizens. Read more.
NOW YOU KNOW
Buyers using virtual reality to buy luxury homes
Some upscale buyers can now virtually tour properties online. The tours can cost $300 to $700 and could go mainstream in a few years - but maybe not. Read more.
Make a note of it
Florida Realtors Take 5: Safety first
Andy Tolbert: Take small safety steps and attackers will get this message: "Try something and you'll be caught." Also note: 1 in 3 attacks target men. Watch video.
AROUND FLORIDA
Destin: Zoning change for Gulf Resort Mixed-Use area?
South Florida: '60s-'70s suburbs are here to stay
Deltona: Assisted living facility wins city's OK
Lakewood Ranch: $1.25M paid for land for hospice house
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