Wewahitchka Real Estate News
Real Estate news for Wewahitchka, FL continually updated from thousands of sources.
Thursday Oct 23 | via The Star
Now in its ninth year, the event, which will run 6-10 p.m. ET, will include a masquerade costume contest, live music by Big Bear Henson and Friends, a buffet, drawings, silent and live auctions and more. Most importantly, the event acts as the largest fundraiser of the year for the St. Joseph Bay Humane Society. Comment?
Aug 7, 2014 | via The Star
A community celebration Monday completed the initial effort under a Competitive Florida Partnership grant with city and county economic development stakeholders transitioning into the next phase of filling in the vision of a more economically-competitive community. Comment?
Jul 31, 2014 | via The Star
The closer to the finish line the more dire financial circumstances have become for the Port St. Joe Port Authority. Comment?
Jul 10, 2014 | via The Star
Gulf County Property Appraiser Mitch Burke last week submitted a preliminary tax roll to the Florida Department of Revenue that shows the overall tax base in the countywide rose 2.6 percent this year, the first increase in the tax base in seven years. Comment?
Jan 19, 2012 | via Finance and Commerce
Jorge Perez crashed along with the real estate market, then regained his crown as Florida's "Condo King" by building new projects with 50 percent deposits from foreign buyers. Now, for his next development, he's looking to wealthy Americans. Comment?
Wednesday | via Business Journal
Foreclosure inventory for metro Orlando declined again in September to 4.1 percent, down 3.5 percentage points from the year-ago period, according to the latest CoreLogic report. Overall, the Orlando-Kissimmee-Sanford area had a total of 14,659 completed foreclosures for the 12 months ending in September. Comment?
Tuesday Oct 28 | via The Orlando Sentinel
Short sales have dwindled in Orlando during recent years, and yet the region had a greater share of the bargain-priced sales during the third quarter than almost any U.S. city, a new study shows. Known ironically for taking a long time to complete, short sales are bank-approved home sales with prices less than the outstanding mortgage. Comment?
Tuesday Oct 28 | via Capital Soup
Consumer sentiment among Floridians dropped a point in October to 82, the first decline in the index since May, according to a monthly University of Florida survey. "This decline is not likely indicative of a trend," said Chris McCarty, director of UF's Survey Research Center in the Bureau of Economic and Business Research, which conducts the survey. Comment?
Tuesday Oct 28 | via Palm Beach Post
South Florida home prices experienced a 10.5 percent increase in August compared to the same time last year, the highest jump nationwide as price climbs continue to slow. The tri-county region of Palm Beach, Broward and Miami-Dade counties was followed by Las Vegas, which saw a 10 percent increase and San Francisco at 9 percent, according to the Standard & Poor's/Case-Shiller index. Comment?
2 min ago | via Darlington and Stockton Times
Royal Bank of Scotland wrote off another A 780 million for past misconduct today and suggested more pain was to come before taxpayers would see a return on their A 46 billion bail-out of the lender. The bank indicated that despite reporting a third quarter in a row of profits for the first time since it nearly collapsed in the financial crisis, further work was needed to reshape the group before it could return to private hands or start paying a dividend. Comment?
28 min ago | via Wall Street Journal
China's new-home prices fell in October for the sixth straight month and at a milder pace after Beijing' move to loosen some mortgage restrictions boosted home-buying sentiment. Comment?
9 min ago | via Reuters
State-backed Royal Bank of Scotland has set aside 400 million pounds to cover potential fines for manipulating currency markets and warned further charges for past misconduct would continue to hit its profits. RBS, 80 percent owned by the British government following a 45 billion pound bailout during the financial crisis of 2007 to 2009, on Friday joined other big rivals in signalling it is close to agreeing settlements over alleged manipulation of the $5.3 trillion-a-day foreign exchange market. Comment?
32 min ago | via Reuters
Home prices in China dropped for a sixth consecutive month in October, a private survey showed on Friday, pointing to a persistent property downturn, despite government efforts to lift the market. Home prices in 100 of China's biggest cities fell 0.4 percent on average in October from the previous month, a survey by the China Real Estate Index System showed. Comment?
34 min ago | via PropertyProf Blog
David Reiss has posted Who Should Be Providing Mortgage Credit to American Households? on SSRN. Here's the abstract: Who should be providing mortgage credit to American households? Given that the residential mortgage market is a ten-trillion-dollar one, the answer we come up with had better be right, or we may suffer another brutal financial crisis sooner than we would like. Comment?
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