SFL Real Estate news- Events that could bolster housing market now!

By
Real Estate Agent with South Florida Estate Homes Inc

SFL Real Estate news- Events that could bolster housing market now!

SFL Real Estate news- Events that could bolster housing market now!

 

TODAY'S TOP STORIES

 

Confluence of events could bolster housing market

Fitch Ratings: No single event - the new 3% mortgage, lower FHA insurance premiums, etc. - will spark a big housing rebound, but the sum of all events could. Read more.

FHA mortgage insurance rate cut takes effect Jan. 26

30-year FRMs with less than 5% down will have their FHA mortgage insurance cut from 1.35% to 0.85%; however, a cut won't extend to 15-year FRMs. Read more.

Changes could divert more water to Everglades

Most environmentalists agree that Fla. needs to cut back on water overflows to the Indian River Lagoon and St. Lucie River, and "send it South" to the Everglades. Read more.

U.S. home equity continues to improve

CoreLogic: More homeowners are starting to see home equity, but Fla. still ranks second in its percent of owners with a mortgage that remain underwater. Read more.

Citizens Insurance continues shedding policies

After approving a 93.5K policies "takeout" Fri., the Fla.-owned insurer said an uptick in private insurer interest might help it shrink even more than predicted. Read more.

 

Provided Courtesy of Jacob Thomas, SFE Homes

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Comments (4)

Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Looks like good news for 2015, I sure hope so, and those are great reasons!

Jan 12, 2015 11:02 PM
Jacob Thomas, Weston, Davie, Coopercity, Southwest Ranches, Miramar Realtor
South Florida Estate Homes Inc - Weston, FL
South Florida Estate Homes Inc.

Kristin!

Thanks for your comments. Best Wishes for a great year!

Jan 12, 2015 11:21 PM
Bruce Hicks
Best Homes Hawaii - Honolulu, HI
Your Best Hawaii Realtor!

Seems like things are looking up Jacob Thomas, Weston, Davie, Coopercity, Southwest Ranches, Miramar Realtor  for you in 2015.  Have a fantastic week.  I clicked Like.

Jan 12, 2015 11:26 PM
Jacob Thomas, Weston, Davie, Coopercity, Southwest Ranches, Miramar Realtor
South Florida Estate Homes Inc - Weston, FL
South Florida Estate Homes Inc.

Thanks Bruce!! Wishing you guys a great 2015 too!!

Jan 12, 2015 11:29 PM