The title association says it has warned buyers about scammers who steal closing money – but it’s not enough. It’s asking the U.S. consumer bureau to help. Source: Florida Realtors
Fla. 1 of 16 states that taxes investment homes more
In 34 states, investment homeowners pay lower effective property tax rates than homesteaded owners, according to an ATTOM study. Source: Florida Realtors
S. Fla. office market robust but slowdown looming?
Low interest rates, job growth and a dearth of construction combined to create a prolific office market over the past five years, but some predict a slowdown. Source: Florida Realtors
Floridians' confidence hits 15-year high in March
The 99 reading was the highest since March 2002 and second-highest since 2000 following a Feb. dip. All five components that make up the index increased. Source: Florida Realtors
Intentional neighborhoods take root across country
A new trend popping up is “village” communities. Individual owners agree to work together to build healthy families with adoptive or foster children. Source: Florida Realtors
30-year mortgage rate drops for second straight week
Two weeks ago, the 30-year FRM hit its highest point of the year, but it dropped again this week to 4.14%. Most experts predict little change over the short term. Source: Florida Realtors
NAR: Feb.'s pending home sales leap 5.5%
Pending home sales rebounded sharply to the highest level in nearly a year and second-highest in over a decade. “The stock market’s continued rise and steady hiring in most markets is spurring significant interest in buying,” says NAR economist Yun. Source: Florida Realtors
Fla. a top state when comparing taxes paid to services received
If ROI (return on investment) is applied to taxes, a WalletHub study ranks Fla. third in the nation for the value residents get from the state taxes they pay. Source: Florida Realtors
Great American Realtor Days kicks off
Realtors across Florida traveled to Tallahassee today for the first full day of Great American Realtor Days (GARD). Source: Florida Realtors
U.S. new home sales rise despite higher mortgage rates
Commerce Dept.: New home sales rose 6.1% in Feb. to the fastest pace since July, up about 13% from a year ago. Builders also have ramped up new-home construction. Source: Florida Realtors
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