Lauderhill Real Estate News
Real Estate news for Lauderhill, FL continually updated from thousands of sources.
Monday Sep 21 | via South Florida Sun-Sentinel
Broward County had 1,529 existing single-family homes trade hands last month, 18 percent higher than a year ago but a 9 percent drop from July, the Greater Fort Lauderdale Realtors said Monday. Palm Beach County had 1,518 sales in August, up 1 percent from August 2014, but down 16 percent from July, according to the Realtors Association of the Palm Beaches. Comment?
Sunday Sep 20 | via South Florida Sun-Sentinel
Vernon Dooling of Lauderdale Lakes shows Valerie Snow, , a team member of the Mosaic Group, three binders full of mementos and photos from the 1940s and 1950s in Fort Lauderale. Vernon Dooling of Lauderdale Lakes shows Valerie Snow, , a team member of the Mosaic Group, three binders full of mementos and photos from the 1940s and 1950s in Fort Lauderale. Comment?
Friday Sep 18 | via The Miami Herald
Realtor Lili Tufel of Coldwell Banker is showing this fixer-upper listed at $260,000 in the Palm Springs North neighborhood. It's only fitting that Realtor Liliana "Lili" Tufel is selling homes in the suburban area where she grew up, attended school, got married and is now raising a family - the Country Club and Palm Springs North areas of northwest Miami-Dade County. Comment?
Thursday Sep 17 | via South Florida Sun-Sentinel
New foreclosure cases declined in August across Palm Beach and Broward counties, the result of more stringent lending standards and an improved housing market. Broward had 203 new filings last month, down 74 percent from a year ago, according to RealtyTrac Inc., a foreclosure listing firm in Irvine, Calif. Comment?
Tuesday Sep 15 | via South Florida Sun-Sentinel
Palm Beach and Broward counties rank among the 35 least affordable housing markets nationwide, according to a new report that factors in home prices and the costs of utilities and traveling to work. In the 100 largest metro areas, Palm Beach County is the 15th least affordable, with buyers needing to spend 50.6 percent of their incomes on housing, utilities and commuting, the Trulia.com real estate website said. Comment?
4 hrs ago | via Wall Street Journal
Bobby Jindal, governor of Louisiana and 2016 Republican presidential candidate, speaks during the Values Voter Summit in Washington, D.C., on Sept. 25. Louisiana Gov. Bobby Jindal, seeking to breathe life into his presidential campaign, is taking a sharply different approach to tax policy than his Republican rivals. Comment?
17 hrs ago | via Florida Trend
In a blistering report released today, federal investigators say Florida has consistently "under-performed'' other states in using federal mortgage assistance money to help desperate homeowners facing foreclosure. Read more at the Tampa Bay Times , the AP , the Orlando Sentinel , and the Miami Herald . Comment?
23 hrs ago | via South Florida Sun-Sentinel
Florida, long ranked as the top state for foreclosures, has the country's worst rate of disbursing $1 billion in federal foreclosure-relief funds, according to a new report by a federal enforcement agency. Five years into a foreclosure-relief program known as the Hardest Hit Fund, a lack of oversight by the U.S. Treasury Department has allowed Florida to deny more applicants and disburse a lower percentage of funds than other states, according to the Special Inspector General for the Troubled Asset Relief Program. Comment?
Yesterday | via The Orlando Sentinel
Florida leads the nation in the level of "cost-burdened" renters feeling the pinch of spending at least half their income on housing costs, a new study shows. In the Orlando metro region 30 percent of renters, more than 90,000, spend the majority of their paychecks on rent and utilities, according to a new study released by the nonprofit makeroom.org. Comment?
Monday | via Washington Examiner
Former Florida Gov. Jeb Bush is out with a new campaign ad, asking voters what they would do with the $2,000 Bush claims Americans would save under his tax plan. The Republican presidential hopeful released a detailed tax reform plan in early September focused on accelerating economic growth by slashing taxes on middle income earners and corporations, in addition to simplifying the existing tax code. Comment?
3 min ago | via Reuters
Britain's financial watchdog said on Wednesday it has begun a review of the mortgage market to see if there are areas where competition may not be working well or could be improved. The regulator's action comes alongside increasing pressure on the British government over a housing shortage in parts of the country and rising house prices that have put owning a home out of reach of many people. Comment?
47 min ago | via The New Zealand Herald
One of Remuera's most glamorous homes has sold for $14 million - $4 million above its capital value determined just last year. The 3400m2 mansion belonged to former multimillionaire beer baron Sir Douglas Myer. Comment?
49 min ago | via Stuff.co.nz
"Divorce thrusts many mid-lifers back into the rental sector, suddenly pricing them out of ownership and back into the student digs they imagined they'd left behind." Dinner parties can often be a bore, but there are few things more tedious than being the lone renter at the table, forced to endure endless discussions about mortgage rates, housing bubble, and how Sam and Jennifer have been "clever" with their brand new purchase. Comment?
1 hr ago | via Reuters
JPMorgan Chase & Co, looking to stem falling revenue in its mortgage business as fewer Americans refinance, is increasingly buying loans from smaller lenders, a practice that competitors including Bank of America view as risky. In the first half of 2015, the bank bought 62 percent of the $58 billion in home loans it added to its books, compared with 56 percent in 2014 and 37 percent in 2011. Comment?
1 hr ago | via South China Morning Post
Home rents for small flats in the New Territories of Hong Kong are falling at a faster pace with some owners offering steeper discounts to lure tenants. Major housing estates in Shatin, Fanling, Ma On Shan and Tin Shui Wai are cutting rents sharply in the wake of increasing supply amid growing economic uncertainties which could add to the downward pressure on home rents, according to realtors. Comment?
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