top stories: TOP STORIES: Appeals Court Rejects Insurer’s ‘AOB’ Arguments
- 09/13/20 08:21 AM
TOP STORIES:
Appeals Court Rejects Insurer’s ‘AOB’ Arguments
An owner assigned benefits to a vendor after hurricane damage, and the insurer refused to pay, citing “alienation” in the Fla. constitution – but an appeals court rejected it. Read more
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top stories: TOP STORIES:Tourist: Fla. Is Home to 10 of 15 ‘Best U.S. Beaches’
- 09/13/20 08:18 AM
TOP STORIES:
Tourists Spoke: Fla. Is Home to 10 of 15 ‘Best U.S. Beaches’
Those online tourism reviews on TripAdvisor? The company analyzed them to identify most-loved beaches, and 10 of the top 15 are in Fla., ranging from the Panhandle to Miami. Overall, tourists’ online reviews ranked Clearwater Beach as their No. 1 U.S. seaside destination. Read more
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top stories: TOP STORIES: Respond to the Census: Be Counted. And Hurry.
- 09/13/20 08:15 AM
TOP STORIES:
Respond to the Census: Be Counted. And Hurry.
Realtors are U.S. Census partners, so urge all to participate, which households can do using a self-respond online form. The NEW deadline to participate is now Sept. 30, 2020
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top stories: TOP STORY: Housing Industry Wants Fannie, Freddie to Cancel Refi Fee
- 09/13/20 08:13 AM
TOP STORIES:
Housing Industry Wants Fannie, Freddie to Cancel New Refi Fee
Housing industry associations are condemning a change announced by Fannie Mae and Freddie Mac to charge homeowners a sizable fee to refinance starting Sept. 1. A coalition of 20 groups that includes NAR has signed onto a push by mortgage bankers to cancel it. Read more
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top stories: TOP STORIES: Fannie Mae: U.S. Economy Poised for Substantial Rebound
- 09/07/20 05:49 AM
TOP STORIES:
Fannie Mae: U.S. Economy Poised for Substantial Rebound
The lending giant says the economy contracted 32.9% in 2Q – the largest since WW II. But it now expects strong housing data to lead a robust rebound by year’s end. Read more
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top stories: TOP STORIES: New-Home Construction Surges 22.6%
- 09/07/20 05:46 AM
TOP STORIES:
New-Home Construction Surges 22.6%
It’s the third month in a row for an increase, and the big gains came from the construction of apartments and condominiums, which soared 56.7%. Read more
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top stories: TOP STORIES: Builder Confidence Index Hits Record High in Aug.
- 09/07/20 05:43 AM
TOP STORIES:
Builder Confidence Index Hits Record High in Aug.
The builder confidence index hit 78 – its highest point in 35 years of record keeping, and solidly positive territory; 50 is a midpoint, neither positive nor negative. Read more
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top stories: TOP STORIES: Vacation Rentals: Will Fees Hurt the Industry Long-Term?
- 09/03/20 05:47 PM
TOP STORIES:
Vacation Rentals: Will Uptick in Fees Hurt the Industry Long-Term?
More short-term rental owners are tacking on fees for things like cleaning and “owner’s expenses.” But some experts think that will lower the industry’s overall appeal. Read more
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top stories: TOP STORIES: Hotel Business Is Hurting – So Great Time to Invest
- 09/03/20 05:44 PM
TOP STORIES:
Hotel Business Is Hurting – So Great Time to Invest
Real estate investors see the hotel industry as an opportunity because some large and small properties may not make loan deadlines while occupancy remains low. Read more
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top stories: TOP STORIES: Question: How Many At-Home Workers Will Commute Again?
- 09/03/20 05:40 PM
TOP STORIES:
Big Question: How Many At-Home Workers Will Commute Again?
The answer impacts commercial and residential sales. Some employees want to go back, but a few might be surprised to find it's mandatory. Employers say it affects hiring. Read more
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top stories: TOP STORIES: Single-Family For-Sale Inventory Hits Record Low in 2Q
- 09/03/20 05:37 PM
TOP STORIES:
Fla.’s Single-Family For-Sale Inventory Hits Record Low in 2Q
There’s never been a better time to sell a home. Fla. had only a 2.8-months’ supply of single-family homes in the second quarter – the lowest amount since at least 2008. Economists generally consider a six-month supply to be balanced between buyers and sellers. Read more
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top stories: TOP STORIES: Mortgage Refinancing to Get a Bit More Expensive
- 09/03/20 05:33 PM
TOP STORIES:
Mortgage Refinancing to Get a Bit More Expensive
NAR calls it “the wrong policy at the wrong time.” Many homeowners with a median-priced home will pay a new $1,400 fee to Fannie Mae or Freddie Mac after Sept. 1. Read more
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top stories: TOP STORIES: Moving During the Pandemic: ‘What I Wish I’d Known’
- 09/03/20 05:30 PM
TOP STORIES:
Moving During the Pandemic: ‘What I Wish I’d Known’
It’s safe to move, but COVID-19 adds a new wrinkle for buyers who want masks and social distancing to be part of the process. Start with extra moving supplies. Read more
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top stories: TOP STORIES: COVID-19 Boosted Number of New Yorkers Moving to Fla.
- 09/03/20 05:27 PM
TOP STORIES:
COVID-19 Boosted Number of Rich New Yorkers Moving to Fla.
Fla. is a winter retreat for New York’s upper class, but over the past few years, some relocated permanently to escape high tax laws. Now the pandemic-created desire for living space gave them another reason to relocate, and even more upscale New Yorkers are making the move. Read more
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top stories: TOP STORIES: Some Appraisers Have Trouble Keeping Up with Demand
- 08/30/20 02:31 PM
TOP STORIES:
Some Appraisers Have Trouble Keeping Up with Demand
A wave in buying and refinancing made it hard for some appraisers to keep up with demand, leading to appraisal delays, according to an informal survey. Read more
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top stories: TOP STORIES: Virus May Have Actually Boosted the Housing Market
- 08/30/20 02:20 PM
TOP STORIES:
Virus May Have Actually Boosted the Housing Market
In earlier times, a pandemic + recession would have slowed the market, but today’s unique circumstances seem to have sparked an even stronger demand for ownership. Read more
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top stories: TOP STORIES: Still-Employed Americans Saved Lots of Money This Year
- 08/30/20 02:14 PM
TOP STORIES:
Still-Employed Americans Saved Lots of Money This Year
Federal payouts, no commuting costs, stay-at-home orders and recession fears pushed Americans to stockpile money – the savings rate skyrocketed to 33.5% in April and a still-respectable 19% in June. If a vaccine is perfected, will that money flood back into the market? Read more
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