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Florida Housing Laws Pending Reform

According to The Miami Herald, a number of Florida housing bills are up for modification in this year’s legislative

Home Sales Rise and Investors are to Thank

Home sales are beginning to rise following one of the worst years the real estate market has seen in a long time. However, the rise in sales cannot be attributed to new or first-time homebuyers; instead, investors are responsible

Florida Realtors Announces a New President

Patricia Fitzgerald, manager/broker-associate with Illustrated Properties in Hobe Sound and Mariner Sands Country Club in Stuart, has been installed as 2011 president of Florida

Amidst Lending Overhaul, Bank of America Hosts Investor Meeting at Plaza Hotel

As major financial institutions have received guidance from the federal government pertaining to mortgage regulations, Bank of America is hosting a meeting today at New York City’s Plaza Hotel to present current market strategies to

The St. Joe Company Announces New Chief Operating Officer

The St. Joe Company (NYSE: JOE) announced yesterday the appointment of veteran real estate executive Park Brady, as its chief operating officer, effective March 21, 2011. Mr. Brady will report to the executive committee of the board of directors,

CLR Says Higher Down Payments will Offset Housing Market

As recent proposals call for homeowners to make ten-to-20 percent down payments on their purchases, the Center for Responsible Lending says this will actually hurt the

Are Mortgage Interest Deductions on the Way Out?

As the Obama administration acts to wind down the role of mortgage behemoths Fannie Mae and Freddie Mac, the loss of the mortgage interest deduction may come as

Builders Call On Congress To Address Housing Lending Crisis

With the housing production credit crisis taking a severe toll on the nation’s small home building firms and threatening future job growth and the fragile economic recovery, the National Association of Home Builders (NAHB) has called on Congress to

Broward County Pending Home Sales Continue to Rise

Total cumulative pending home sales – including single-family homes and condominiums – in Broward County increased 7.7 percent in February compared to a year earlier, from 7,791 to 8,391, and 2.6 percent, and 8 percent month-over-month according to the

First-Time Homebuyers Struggle with Mortgage Qualifications

As reported by Henry Savage in The Washington Times, the tightening of mortgage qualification guidelines has resulted in a downturn of first-time

Miami-Dade Pending Home Sales Rise 22 Percent in February

Total cumulative pending home sales in Miami-Dade County increased 22 percent in February compared to a year earlier, from 9,164 to 11,182, and 4.5 percent, up from 10,698, compared to the previous month according to the MIAMI Association of

Obama Administration Releases February Housing Scorecard

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released yesterday the February edition of the Obama Administration’s Housing Scorecard. The latest housing figures show increased existing home sales as home affordability

Case-Shiller Co-Founder Speaks on Housing Market

As national home prices remain vulnerable, Case-Shiller Index Co-Founder and Yale Economist Robert Shiller speaks on the shaky housing

Keller Williams Realty Announces 2010 Numbers

Keller Williams Realty reported recently at its national convention that it ended 2010 with 79,315 associates, 701 offices, and associate profit share up 7.2 percent, with its agents receiving $34.6 million dollars back. Since the inception of the profit

ForRent.com Unveils Exclusive Partnership with Oodle

For Rent Media Solutions, a leading resource for searching apartments nationwide and a division of Dominion Enterprises, has announced that ForRent.com, the company’s anchor web site, has entered into an exclusive partnership with

Mortgage Applications Cool Down From Last Week

Mortgage applications decreased 6.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 25, 2011. The results do not include an adjustment for the President’s Day

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