Daily Hot Sheet of Top Real Estate News Trending Now
Monday, September 21, 2015
TODAY'S TOP STORIES
Fla.'s single-family home sales up 8.6% in Aug.
Florida Realtors Aug. report found more closed sales, higher median prices and a tight supply. U.S. sales dipped compared to July but rose 6.2% year-over-year. Read more.
Citizens' commercial rate hikes lower than requested
Multi-peril policies for condo associations will go up an average 3% after Citizens requested 5%, but other non-residential policies will go up 9.1%. Read more.
A scholarship for college-level real estate students
The Fla. Real Estate Commission is now accepting applications from students pursuing a real estate-focused career. But hurry: The entry deadline is Nov. 2. Read more.
Local homeless program? HUD offers $1.9B in grants
The grants will support local homeless programs, both new and existing. HUD says the money will help promote its program to quickly find homes for families. Read more.
Devalued yuan pushing Chinese buyers to U.S. homes
Chinese investors appear to be buying even more real estate. While the exchange rate makes the investment costlier, they consider U.S. property more stable. Read more.
NOW YOU KNOW
The difference between a 'bubble' and 'overvalued'
The short version: A bubble can pop, which means it's dangerous. An overvalued market is finding its center but without fear that the bottom could drop out. Read more.
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AROUND FLORIDA
Miami: Buyers hunt for new housing hot spots
North Port: Commission turns down affordable apartments
Pensacola: Zoning laws force tattoo artists to certain areas
Palm Beach: Would beach house obstruct ocean views?
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