The Daily Hot Sheet Of Top Real Estate News
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February 08, 2016
Distressed sales still a big part of housing market
In 2015, 26.4% of Fla. home sales still involved a distressed property - a short sale, REO or foreclosure, according to RealtyTrac. In South Fla., it was 27%. Read more.
NAR commercial report: Moderate expansion in 2016
Despite some global and domestic hurdles, commercial real estate should keep expanding this year, with demand for space steady across all industry sectors. Read more.
Citizens Ins. recovers $4.2M in claim payouts
The Fla.-owned insurer says it recouped the money and legal fees from people and companies that were ultimately responsible for damages that Citizens paid. Read more.
Fitch: U.S. homebuilders primed for a solid spring
The report predicts new home sales will increase 14.5% in 2016; existing home sales should see a 4% uptick. Threats remain, but Fitch calls them "impediments." Read more.
HUD to honor groups that help low-income residents
The award recognizes charitable foundations that work with the public sector to expand opportunities for low-income families and improve neighborhoods. Read more.
Marketing on social media? You probably do it wrong
A survey found that most small companies use social media to sell their products, but experts say it should be used to build relationships - not promote listings. Read more.
Sarasota: A landmark is restored
Osceola County: New 3,396-acre tourist area west of Disney?
Palm Beach: Restored house in Midtown sells for $8M
Orange County: Universal acknowledges $130M property purchase
Miami Beach: South Beach apartments sell for record $59M
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