National Real Estate Info Archives - Larry Roorda Realtor

UCF 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…

Robust 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…

Survey: 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…

Fla.’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,…

70% of Boomers Expect Next Home to be Their Last

MADISON, N.J. – March 25, 2014 – According to a survey conducted on behalf of Better Homes and Gardens Real Estate, baby boomers (ages 49-67) are generally optimistic about living an independent, active lifestyle outside planned retirement communities. The survey found that 57 percent of boomers plan to move out of their current home, and…

Senate passed The Homeowner Flood Insurance Affordibility Act by vote of 72-22

BREAKING NEWS: The United States Senate tonight passed The Homeowner Flood Insurance Affordability Act by a vote of 72-22. This is the bill the U.S. House passed on March 4. This is incredible news for Florida Realtors and property owners. The bill will now be sent directly to President Obama for his signature. …

Q&A: How can the self-employed get a mortgage?

FORT LAUDERDALE, Fla. – Dec. 16, 2013 – Question: I am self-employed and make a good living. I want to buy a house, but it’s hard to document my income. So I’ve been getting turned down for a mortgage, even though I’m willing to make a large downpayment. Any hope for me? – Trevor Answer: With banks and…

More investors should consider 1031 Exchange

SAN FRANCISCO – Nov. 13, 2013 – Before the property investment deal is sealed, a seller should ask himself one important question: Do I know if I’ll owe taxes on the sale of the property, even if I’m taking a loss on it? That question might be key to avoiding a common misconception: no profit…

Who Owns the Mineral Rights under your Home?

October 16, 2013 When Robert and Julie Davidson paid $255,385 in 2011 for their house at the Valencia Golf and Country Club in Naples, Florida, they didn’t know that they had, in essence, bought only from the ground up, and that their homebuilder, D.R. Horton, had kept everything underneath, says Reuters. In golf clubs, gated…

Fla.’s housing market continues upswing in 3Q 2013

ORLANDO, Fla. – Nov. 6, 2013 – Florida’s housing market continued to improve in third quarter 2013 with more closed sales, higher median prices, more pending sales and a stabilizing supply of homes for sale compared to the same quarter in 2012, according to the latest housing data released by Florida Realtors®. “Data from the…