The Daily (092916) Hot Sheet of Top Real Estate News Trending Now
Challenge remains for FHA condo financing
HUD released rules on condo financing that could open up more Fla. units to first-time buyers, but NAR says a still-high owner-occupancy threshold needs work. Read more
Likelihood of home price declines? 4% and dropping
A quarterly mortgage risk report finds only a 2% chance Fla. home prices will decline over the next two years. Energy-job-dependent states such as West Virginia face the highest risk. Read more.
Average time to close? 46 days
A year ago, new mortgage disclosures threatened to delay closings, but lenders have found their feet: The average contract-to-close time is settling at 46 days. Read more.
Citizens reduces scope of managed repair program
Officials are scaling back a proposed managed-care rule. The new version: It would be offered only if Citizens chooses and only for internal plumbing accidents. Read more.
Outdoor remodeling = happiness and financial returns
NAR: 2016 Remodeling Impact Report finds that outdoor remodeling projects not only add value to a home, they also make non-moving homeowners happier. Read more
Facing foreclosure? Here's what to do
State-backed Florida Housing offers free help due to $10M in funding from Fla.'s national mortgage settlement money; 40-plus agencies participate in the program. Read more
Tallahassee: Sarasota eyeing area's homeless shelter model
Jacksonville: Fresh Market, Stein Mart-anchored retail center sells for $25M
Coral Gables: Mixed-use tower proposed near high-end mall
Gainesville: Six-story apartment complex coming to church property
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