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The Daily 101212 Hot Sheet of Palm Beach Real Estate & FL Realtor News

Real Estate Agent with Coldwell Banker Access Realty 433494

October 12, 2012 08:55 AM

The Daily Hot Sheet of Palm Beach Real Estate and FL Realtor News

Friday, October 12, 2012

TODAY'S TOP STORIES

Short sale relief at risk?

In 2013, short sellers must pay taxes on forgiven mortgage money unless law extended; NAR Call for Action expected. Read more.

OIR releases detailed State Farm rates

S. Fla. homeowners will see an average 8.4% premium decrease, but rates could double in some counties near Tampa. Read more.

Rate on 30-year mortgage rises to 3.39%

Mortgage experts foresee relative stability over the short term as rates hover near a record low hit last week. Read more.

Scammers post fake REO rentals on Craigslist

Freddie Mac's fraud unit is working with real estate pros who use HomeSteps to uncover bogus rental ads of REOs. Read more.

HOAs tell renters they're not welcome

Wary of falling property values, more associations are disallowing rental use even as demand increases from ex-owners. Read more.

NOW YOU KNOW

Reluctant sellers hold up the market?

Many owners want to sell but only after prices go higher, causing a listing shortage in many markets today. Read more.

Make a note of it

Amendment 4: Read all about it in the news

Absentee ballots are being cast, early voting is about to start and 25 days remain until the Nov. 6 election. Amendment 4 is sparking a lot of interest from the media these days, and you're sure to see more about it in newspapers, TV, radio and online. Share reasons to Vote Yes on 4 with your sphere of influence.