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ATTOM: The $44K represents an average 24% of homeowners' purchase price – the highest average gain for sellers in dollars and percent since Q3 2007.
An option to refinance student loans by acquiring mortgage debt, usually with lower rates, expands a Fannie Mae program that started in 2016.
Even with a slight dip, NAR's home sales index was at its the third-highest level over the past year; and the South, which includes Fla., saw an increase.
While backing major tax reforms, NAR fears that a proposal to double the current standard deduction would "effectively nullify the current tax benefits of owning a home" if most owners stop filling out the IRS long form.
Long-term mortgage rates rose for the first time in five weeks, and the 30-year FRM pushed above the key threshold of 4 percent.
61% of U.S. adults think local home prices will rise over the next year – the highest percentage since Gallup began collecting the data in 2005.
A Florida Realtors' top legislative priority passed the Florida Legislature: In 2018, voters will have the power to make the 10% non-homestead property permanent.
NAHB says "protectionist measures" should not come "at the expense" of U.S. homebuyers who will now pay $3,600 more. But tariff proponents dispute that number.
Developers with an eye on the future are building 55-plus communities in all categories, with a number of luxury condos and developments already in the pipeline.
A Florida Chamber of Commerce survey finds small businesses most concerned with the quality of their workforce, followed by gov't regulations and healthcare.
U.S. new home sales rose notably higher (5.8%) last month as more American homeowners decided to move up into a newly built home – a positive sign for the broader economy.
The cost of new home construction and remodeling could soon go up along with the cost of lumber via company-specific Canadian tariffs that range from 3%-24%.
Americans were less optimistic about the future this month, with the short-term outlook for business, employment and income down, according to the latest Index.
Average time for homes to change hands: 73 days. 48% of listings go under contract in less than 30 days, says NAR, while Ellie Mae says it takes 43 days to close.
Any agent selling a "3BR HORSE" knows the perils of iOS autocorrect, but there are ways to train a phone and even auto-fill commonly used phrases.
SandP CoreLogic Case-Shiller: Home prices rose 5.8% in Feb. – a rate many analysts say may not be sustainable – as listings hit the lowest point in 20 years.
While the national homeownership rate decreases, the ownership rate among Hispanics is defying the trend and steadily increasing.
Landlord insurance coverage varies based on location; but, in general, it will protect the house, apartment or condo being rented out against "covered perils."
Fla.'s insurers meet next week in Orlando, and a hot topic will be the growth of Fla.-owned Citizens because insurers stopped writing policies in some areas.
At some point, mortgage rates will rise again. An economic analysis of earlier 100-basis-point mortgage-rate increases found that median home prices often take a hit because buyers can't afford their now-higher monthly payments.
How long will 4% rates last? It could lead skittish buyers to act sooner rather than later – or shop for slightly a bigger home than they could afford in Jan.
"March's strong sales likely were influenced by buyers ready to take action before interest rates could move higher," says 2017 Florida Realtors President Maria Wells. The single-family average price, $231,900, was up 10.4% year-to-year.
March's sales pace is 5.9% higher year-to-year and 4.4% month-to-month (seasonally adjusted). Single-family home prices rose 6.8% year-to-year.
Baby boomers aren't so much "aging in place" as they are "stuck in place." One expert believes a lot of their homes will enter the market over the next decade.
NAR's tech incubator picked seven products to invest in, such as an app that transfers home organization from seller to buyer, and mobile electronic notarization.
The CFPB, Fla. and 20 other states are suing Fla.-based Ocwen Financial and halting certain operations for "numerous violations of Federal consumer financial laws."
TV shows make removing a wall look easy when the host starts swinging a sledgehammer, but go slow at home: It could create a host of other problems.
Real estate QandA: If a condo board president violates statutory provisions and community rules, and responds to complaints with "Just sue me," should we?
Appraisal Institute research finds that homeowners who want a remodeling project to return as much money as possible at closing should opt for smaller projects. A limited kitchen redo, for example, returns a higher percentage of the cost.
Rates that surged shortly after the presidential election have surprised experts by dropping again. This week's average FRM, 3.97%, is the lowest since Nov. 2016.
Wooden cabins euphemistically referred to as tiny houses are increasingly viewed as a solution to homelessness and, with little debate, expanding across the U.S.
A home's value generally appreciates 3%-4% yearly, but a small, two-bedroom home with an open floor plan has three traits that can spark higher price increases.
Nothing says "empty house" more than plywood on windows, and while Fannie Mae already mandates Plexiglas, Ohio became the first U.S. state to make it mandatory.
Many Americans view "retirement home" as the final reward – the goal of a lifetime. But the decision is complex, and many retirees can't afford their "dream."
An augmented reality project could one day allow buyers to see a listing virtually furnished the way they want by holding up a phone as they walk through rooms.
It's not just computers: Hackers can also infect phones with viruses and iPhones are vulnerable too. These four symptoms suggest that you could have a problem.
The changes, however, might not help mortgage borrowers since Fannie Mae and Freddie Mac still require a FICO score for eligibility.
A one-push device that makes it easy for Realtors to summon help will receive $100K from real estate guru Barbara Corcoran in exchange for 18% ownership.
A 2013 Supreme Court ruling clarified whether a houseboat is a "house" or a "boat," but the Fla. man who prevailed won't receive compensation for his losses.
Starts fell 6.8% last month, but they're 8.1% higher for the first quarter. Analysts think a mild winter may have boosted Jan.-Feb. and dinged March results.
Lawmakers may disagree, but a survey of voters found strong support for flood insurance upgrades, including conservation buyouts and local mitigation efforts.
Today's 37-51 year olds missed out on housing during the recession, but the Gen Xers who couldn't afford homes when the economy tanked are still interested – and many who did buy before values fell are emerging from underwater.
Videos jiggle when recorded on a phone, making most virtual tours look like amateur productions. But tools can steady shots and turn phones into movie cameras.
People on the cusp of retirement often make decisions based on lifestyle and need. Many fail to consider finances and appealing choices could also be expensive.
For many Fla. brokers, real estate is a family business, but "family" and "business" operate under different rules. It helps if everyone understands their role and agrees not to allow family dynamics interfere with business decisions.
45% of homeowners who refinanced in 4Q 2016 borrowed more money than they owed. The last time cash-out refis surged was during the pre-recession boom.
Real estate QandA: A condo owner wonders why the lender is also suing the association - because the association has an interest in the unit that's in foreclosure.
Immigration remains a hot topic, but a ULI Terwilliger Center study finds that U.S. real estate industry stability relies on a constant influx of immigrant buyers.
ATTOM 1Q study finds the foreclosure crisis isn't only over, about half of all U.S. metro areas have fewer at-risk homeowners than they did a decade ago, and "the number of local markets dropping below pre-recession levels continues to grow."
Long-term mortgage rates have been hard to track and even harder to predict this year. The FRM hit a 2017 high recently only to drop this week to a new 2017 low.
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