Miami-Beach Real Estate News
Friday | via National Mortgage News
The offering will include deeply delinquent nonperforming loans from its mortgage investment portfolio with an aggregate unpaid principal balance of $35 million located in Miami-Dade County, Fla., according to a press release. Freddie Mac plans to settle the transaction in July 2015. Comment?
Wednesday Apr 22 | via The Miami Herald
Home sales and prices for the region were up in March compared to the previous year, according to the latest monthly reports from the Miami Association of Realtors and the Greater Fort Lauderdale Realtors. In Miami-Dade County, sales for existing single-family homes and condos were up 6.8 percent year-over-year, with most of the growth coming from single-family. Comment?
Wednesday Apr 22 | via West Hawaii Today
The largest U.S. single-family home landlords plan to raise their rents as much as 5.7 percent this year as they shift focus from buying properties to boosting their bottom lines. "In the 2015 rental season, we're really seeing the ability to move rents," David Singelyn, chief executive officer of American Homes 4 Rent, the largest publicly traded single- family landlord, with about 35,000 homes, said at a conference in Miami Beach, Florida. Comment?
Tuesday Apr 21 | via Business Journal
Overall commercial mortgage volume more than tripled in South Florida between 2009 and 2014, according to a study released by Miami-based BridgeInvest, a private mortgage lender. Over $11.4 billion in commercial mortgages were financed in 2014, up from about $9.8 billion in 2013 and $3.5 billion in 2009 Miami-Dade County captured the biggest slice of mortgage volume in the region in 2014 with 57 percent, followed by Palm Beach County at 23 percent and Broward County at 20 percent. Comment?
Sunday Apr 12 | via The Miami Herald
Users have learned to effectively leverage their opinions digitally on the Web to influence corporate business decisions, prompt governmental change and even create celebrities out of previously unknown individuals. Web traffic is also apparently emerging as an important data source to predict sales trends in the South Florida residential real estate market. Comment?
Tuesday Apr 21 | via WZVN-TV Fort Myers
Some people in Florida may have had their credit card information stolen at the pump - since the state identified 81 skimmers including three in Southwest Florida - during a statewide sweep. Some people in Florida may have had their credit card information stolen at the pump - since the state identified 81 skimmers including three in Southwest Florida - during a statewide sweep. Comment?
Thursday Apr 23 | via News 4 Jax
Homeowners now required to have flood insurance could save hundreds, if not thousands on their flood policies under legislation already approved by the state Senate and given tentative approval Thursday afternoon by the House. Imagine the initial mortgage on a coastal property was $350,000, but its owners owe less than half that. Comment?
Wednesday Apr 22 | via Business Journal
The South Florida residential real estate market posted gains on all fronts in March, especially for single-family homes sales, according to the latest Florida Realtors report. There were 4,328 sales of existing single-family homes in the tri-county area in March, up 21.5 percent from a year ago. Comment?
Wednesday Apr 22 | via The Orlando Sentinel
Home sales increased more in Metro Orlando than in most cities throughout Florida from a year ago, a new report shows. Sales of single-family houses were up by more than a third in the four-county Orlando metro area from March 2014. Comment?
Tuesday Apr 21 | via The Orlando Sentinel
Of the 1.4 million Florida homeowners who lost their houses as the real estate market collapsed, about only about a third are likely to re-enter the market with a set of house keys they could call their own. Only about 13 percent of Floridians who went through distress sales since 2006 have purchased another house, according to a report released Monday by the National Association of Realtors. Comment?
16 min ago | via Connecticut Post
Curtain Works owners Elena Loscher, left, and Linda DeSouza pose in their store on East Putnam Avenue in Greenwich, Conn. Thursday, April 23, 2015. Comment?
16 min ago | via NorthJersey.com
First-time buyers Loretta and Josh Underwood at their new home at 15 Oak Ridge Road in Ramsey. When the sellers didn't want to move in the winter, the Underwoods were flexible enough that they could wait four months for the closing. Comment?
25 min ago | via Independent.ie
If you have the deposit, you can get your foot on the property ladder but don't expect a family home you can fill with offspring, especially if you live in Dublin The figures, compiled by the Irish Mortgage Holders Organisation, also show that many of the broad cross-section of struggling debtors who opted to go bankrupt in the past 12 months were young parents aged in their thirties and forties. The IMHO advised around 100 clients on going bankrupt in the past 12 months, in many cases because their banks refused to accept deals on settling mortgage arrears. Comment?
43 min ago | via Albany Times Union
Will they soak taxpayers to benefit their wealthy contributors?The New York City real estate market needs tax breaks like ice cream trucks need a government grant to help market their wares to kids. Which is why all New Yorkers should watch the fate in Albany of a Big Apple tax break: It's a test of the integrity of the Legislature and Gov. Andrew Cuomo . Comment?
45 min ago | via Murfreesboro Post
WHEREAS, David R. McNamara executed a Deed of Trust to Mortgage Electronic Registration Systems, Inc. as nominee for SunTrust Mortgage, Inc., Lender and Larry A. Weissman, Trustee , which was dated December 26, 2007 and recorded on January 2, 2008 in Book 809, Page 3720, Rutherford County, Tennessee Register of Deeds. Comment?
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