Fla. Housing Market: Sales, Listings, Median Prices Up in Nov. 2017

November's for-sale inventory remained tight with a 3.8-months' supply for single-family homes and a 5.7-months' supply for condo-townhouse properties, according to Florida Realtors. According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 3.92 percent in November 2017
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CYS Investments, Inc. is a specialty finance company that invests on a leveraged basis in residential mortgage pass-through securities for which the principal and interest payments are guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. CYS Investments, Inc. has elected to be taxed as a real estate
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WASHINGTON — Americans purchased homes at the fastest pace in nearly 11 years, as sales climbed 5.6% in November. The National Association of Realtors said Wednesday that sales of existing homes rose last month to a seasonally adjusted annual rate of 5.81 million units. Home sales were last
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You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved. Here's how we make money. The average rate on a 30-year fixed-rate mortgage jumped eight basis points,
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Capstead Mortgage logo Capstead Mortgage (NYSE:CMO) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Friday, December 1st. Separately, BidaskClub upgraded Capstead Mortgage from a “strong sell” rating to a “sell” rating in a
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The MBA's Weekly Mortgage Applications Survey for the week ending Dec. 15 found that the refinance index decreased 3% from the previous week. The refinance share application increased to 53.9%, its highest level since December 2016, from 52.4% the previous week. The seasonally adjusted
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Republicans have something extra to celebrate this holiday season: both houses of Congress successfully passed the GOP-led tax reform package today, the largest set of changes to the tax code in a generation, changes that stand to have huge impacts on the real estate industry and all of American life
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When the premium for the payment is from the escrow account, title company or settlement attorney, then payment must be received within 30 days of the closing date. If the loan closes after the lapse in authority but the date of coverage was before the lapse period, then payment from the insured is
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Investors sentiment increased to 1.39 in 2017 Q2. Its up 0.37, from 1.02 in 2017Q1. It is positive, as 46 investors sold McDermott International, Inc. shares while 51 reduced holdings. 49 funds opened positions while 86 raised stakes. 246.04 million shares or 18.72% more from 207.24 million shares in
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Market players said they also expect it to announce more details of its new long-term interest rate swap and mortgage note buying schemes aimed at pushing long-term rates lower and boost fixed-rate mortgage lending. Expectations for those programmes helped Hungarian government bond yields
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According to Dan North, chief economist at Euler Hermes North America, limiting the usefulness of the mortgage interest deduction reduces the financial incentive to purchase a home, which is “bad news” for the housing industry. Without this deduction, home values could also fall, potentially leading to
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Low inventory, lack of access to affordable homes, and increased buyer competition are starting to wear on homeowners and renters, making them less optimistic about the housing market, economy and their personal finances as the year comes to a close, according to the National Association of
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Tax Cut Expected to Trigger Fannie, Freddie Infusion. Enactment of the Republican tax plan could trigger a roughly $14 billion accounting loss at Fannie Mae and Freddie Mac, leading to the first taxpayer-funded infusion since they became profitable firms in 2012. Continue Reading Below.
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For example, at Spoke, a new transit-oriented rental development in Chicago's River West neighborhood, amenities were designed to create mini-experiences within the property. “Our renters are highly active, so a day at Spoke might mean hosting a dinner for 20 in our family room, letting your inner
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Step back from the headlines, examine the underlying trends, and the outlook for UK real estate appears much brighter. Deloitte's study, published bi-annually, shows that despite the second successive fall in the current level of space under construction, 2017 remains on course to produce the highest
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The metropolitan Chicago area housing market recorded modest gains in November. Home sales rose just 0.1 percent from the same month last year to 8,028 units, while the median sales price gained 4.7 percent to $225,000, according to an analysis by RE/MAX. Average market time for homes sold in
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Barney Harford, the former chief executive officer of online travel site Orbitz, has been named chief operating officer at Uber Technologies Inc., making him the second-highest ranking executive at the ride-hailing company. Harford, who sits on the board of airline company United Continental Holdings
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REPOSTED DIRECTLY FROM INMAN NEWS. THIS CONTENT HAS NOT BEEN MODERATED BY WFG NATIONAL TITLE. Your potential clients are on Facebook an average of 14 times a day, and you need to be there when they are! Homesnap's ad creation tool makes it easy to launch a Facebook ad
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They do unfortunately confirm what we are seeing – that the market is flattening, particularly in London and in those areas which have seen the most frantic activity in the past. New data from the Bank of England shows that housing market activity has moderated in Q4 after a post‑summer pickup.
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AIB, the country's largest mortgage lender after taking over EBS in 2011, revealed on Wednesday that its number of customers caught up in the industry-wide tracker mortgage scandal has increased by 4,970 since late October to 9,402. In total, the bank has identified 4,446 customers who were no
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