Daily Hot Sheet of Top Real Estate News Trending Now
Thursday, December 3, 2015
Fed chair ready to raise rates at own pace
It appears all but certain that the Fed will raise interest rates on Dec. 16 for the first time in eight years. But additional rate hikes are no longer a sure thing. Read more.
Realtor.com 2016 housing forecast: Best since '06
New construction and moderate existing-home gains will deliver a one-two punch that pushes 2016 sales to the highest level in 10 years, realtor.com predicts. Read more.
Green home features increase value and marketability
Out of the 100 largest U.S. cities, 79 MLSs now include green features. The next question: What are brokers doing to make sure green information is included? Read more.
Some home renovations can raise tax bills
If a renovation increases a home's assessed value, it may raise property taxes too. A kitchen redo may be OK, for example, but it depends on the work being done. Read more.
High-end homebuyers seek perfection over equity
According to broker Michael Saunders, "discerning buyers" in SW Fla. are starting to focus less on a home's cost and more on the value it brings to their lives. Read more.
Renters miss the real value of homeownership
Property ownership builds equity over time, but renters often miss the long-term emotional value: It's not just a building, it's memories created in a space you own. Read
Manatee County: Developers, consumers could pay higher impact fees
Lake County: Officials highlight economic growth
Polk County: Limits on pigs in subdivisions questioned
Oviedo: City gives OK to build new townhomes
Brevard County: New Scottsmoor-area CDD OK'd