National News
Why Naples is the best place to live in the country
Naples is the best place to live in the United States. That is according to the most recent rankings released by U.S. News & World Report. The list has cities from around the country evaluated based on factors that U.S. News & World Report says are important to people looking to settle down. Naples performed…
Read MoreMore Americans say it’s a good time to sell
WASHINGTON – Jan. 17, 2016 – An improving financial picture prompted more consumers to say it’s a good time to sell a home, according to Fannie Mae’s latest Home Purchase Sentiment Index, which capped off its strongest year so far. The share of consumers who said their income was significantly higher than it was 12…
Read MoreAre You Ready For Hurricane Season? 55 Random Facts About Hurricanes (part 1)
Check out these amazing facts!! 55 Random Facts About Hurricanes https://facts.randomhistory.com/hurricane-facts.html 1. A single hurricane stirs up millions of miles of air and can dump more than 2.4 trillion gallons (9 trillion liters) of rain a day. 2. Hurricane-generated waves frequently toss tons of fish onto beaches. The eyes of many of the fish have popped…
Read MoreHomebuyers need to act now
CHICAGO – Feb. 4, 2015 – Homebuyers need to move fast if they want to spend less, according to Jonathan Smoke, chief economist at realtor.com. “Delayed purchases will only result in higher monthly mortgage payments as prices and rates rise,” Smoke writes. Realtor.com forecasts that affordability may decline as much as 10 percent over the…
Read MoreNew Owner Doesn’t Meet Condo’s Age Restrictions
FORT LAUDERDALE, Fla. – Aug. 28, 2014 – Question: I live in a 55-and-over condominium. A neighboring property recently was sold at a foreclosure auction to a young couple who moved in with their small children. This goes against the rules of our community. Is there anything we can do? – Anonymous Answer: No. When the…
Read MoreFed agency eases rules for inherited homes
WASHINGTON – July 17, 2014 – The Consumer Financial Protection Bureau (CFPB) recently has clarified a rule that could have jeopardized heirs of mortgaged homes. An interpretive rule issued July 8 says that when a borrower dies, the name of the borrower’s heir generally may be added to the mortgage without triggering the CFPB’s Ability-to-Repay…
Read MoreUCF releases four-year Fla. economic forecast
ORLANDO, Fla. – July 23, 2014 – Between now and 2017, the University of Central Florida projects an annual economic expansion in the state of 3.7 percent and payroll job creation of 2.6 percent. The projection comes form its quarterly report, the July 2014 Florida Forecast. Report highlights As of May 2014, 41.7 percent of…
Read MoreRobust Market Continues Into Summer
Contacts: Pat Pitocchi, NABOR President & Media Relations Committee Chairman, (239) 261-2214, Marcia Albert, NABOR Director of Marketing, (239) 597-1666 Naples, Fla. (May 23, 2014) – The Naples area real estate market continues to show signs of growth as summer approaches with noteworthy performance in April as reflected in a report released…
Read MoreSurvey: More owners think it’s a good time to sell
WASHINGTON – May 8, 2014 – Americans’ outlook toward the housing market continued to improve in April – and perhaps foreshadow an increase in housing activity in the coming months – according to results from Fannie Mae’s April 2014 National Housing Survey. The share of respondents who believe it’s a good time to sell a…
Read MoreFla.’s housing market shows strength in 1Q 2014
ORLANDO, Fla. – May 12, 2014 – Florida’s housing market reported higher median prices, more new listings, fewer days on the market and a slight uptick in inventory during the first quarter of 2014, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 50,251 in 1Q 2014,…
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