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The Daily 101314 Hot Sheet of Palm Beach R.E. & FL Realtor News

By Winston Heverly

Real Estate Agent with Coldwell Banker Access Realty 433494

October 13, 2014 07:14 AM

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

Monday, October 13, 2014

TODAY'S TOP STORIES

Trend: Increased demand from very wary buyers

Ten years ago, a buyer thought: "It's best to buy a home sooner rather than later, so I can start building equity." But they now know prices sometimes go down. Read more.

Mortgage rates will rise - but when?

Potential buyers aren't too worried about higher mortgage rates - they've been stable for weeks. But experts predict something above 5% by mid-2015. Read more.

Study: Student debt costs housing $83B this year

John Burns consulting says the problem will also get worse in years to come since overall U.S. college debt is increasing 6% annually. Read more.

Could 15-year mortgage product change lending?

An experimental mortgage for low-income borrowers offers lower interest rates based on downpayment, and a focus on income rather than credit scores. Read more.

Home-staging firm uses people as props

Companies now stage higher-end homes with fake owners. In exchange for bargain rents and upscale living, residents keep the property available and clean 24/7. Read more.

NOW YOU KNOW

Multitasking does more harm than good

Is multitasking a must-do to attain success or a speed bump on the road to productivity? Recent studies suggest you accomplish more focusing on one job at a time. Read more.

Make a note of it

Florida Realtors Take 5: More money with less risk

Joanne Koontz: What legal form is best for you: Limited liability, sole proprietorship, corporation? Each has unique risks, tax benefits and operating rules. Watch video.