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Townhomes having a moment again

By |April 12th, 2017|Real Estate|

The fastest growing market segments for builders? Townhomes. Construction grew 17.8% from 2014 to 2015 compared to 10% for single-family and 12.1% for condos. ...read more

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Study: Fla. in top 5 for commercial development

By |April 11th, 2017|Real Estate|

Fla. ranks fifth nationwide, according to a commercial real estate development group – third in the retail and warehouse/flex sectors and seventh in office space. ...read more

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Brush fire threatens homes in North Fort Myers

By |April 10th, 2017|Real Estate|

NORTH FORT MYERS, Fla. A brush fire is threatening multiple structures near Gish Lane and Heck Drive in Suncoast Estates, the Bayshore Fire Protection and Rescue Service District said. ...read more

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Several homes threatened by 10-acre fire in N. Fort Myers

By |April 10th, 2017|Real Estate|

Firefighters are working to contain the blaze, which now stands at 10 percent. They say the windy conditions are certainly not helping them out at all. ...read more

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Freddie Mac launches education initiative to boost homeownership in Kentucky

By |April 10th, 2017|Real Estate|

Freddie Mac announced that eight manufactured home retailers joined its program for increasing homeownership education for buyers of manufactured homes in the Kentucky area. Here is the latest news on the program, and what it seeks to accomplish. ...read more

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Northwest sees new listings soar by 50%

By |April 7th, 2017|Real Estate|

New listings flooded the market in March, but pending home sales increased even more, leaving the region to struggle with its low inventory levels. Experts from the Washington state area give the latest update on the market and predict a frenzied spring home-buying season. ...read more

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Dart Appraisal partners with HouseCanary to launch new automated valuation report

By |April 7th, 2017|Real Estate|

Aiming to take property valuation to another level, Dart Appraisal, a nationwide, independent appraisal management company, announced this week that it is partnering with HouseCanary, a real estate data analytics company, to launch a new automated valuation report. ...read more

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ALTA urges CFPB to warn consumers about real estate funds phishing scams

By |April 6th, 2017|Real Estate|

Last year, the Federal Trade Commission and the National Association of Realtors warned consumers they could be the next victims of growing trend of mortgage closing cost phishing schemes. But, according to the American Land Title Association, that warning was not enough to fully prevent future schemes from being successful and consumers are still falling victim to the phishing scams. ...read more

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Storms damage homes in south Fort Myers

By |April 6th, 2017|Real Estate|

IONA, Fla. A possible microburst destroyed a house at Thornton Road and Palm Drive and damaged other homes in south Fort Myers as late-morning storms pushed through. ...read more

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Millennials closing loans at fastest pace in nearly a year

By |April 6th, 2017|Real Estate|

Millennials are closing loans at the fastest pace since March last year, and VA loans saw the greatest speed up in February. Ellie Mae's Millennial tracker shows the latest trends in Millennial homeownership, and perhaps one of the most surprising revelations was where they are buying homes. ...read more

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Fla. 1 of 16 states that taxes investment homes more

By |April 6th, 2017|Real Estate|

In 34 states, investment homeowners pay lower effective property tax rates than homesteaded owners, according to an ATTOM study. ...read more

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ATTOM names states with highest property tax rates

By |April 6th, 2017|Real Estate|

A new report from ATTOM Data Solutions shows property taxes came in at $277.7 billion in 2016, or more than $3,000 per home. And taxes were higher for owner-occupied homes than for investment properties. The report shows which states had the highest property tax rates and which ones saw property taxes of more than $10,000 annually. ...read more

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Here’s the real reason why homebuyers just don’t fully understand mortgages

By |April 4th, 2017|Real Estate|

A new study from Fannie Mae shows despite homeowners seeing the value to more homeownership education programs, very few have the incentive to do so when buying a home. The study shows why lenders, real estate agents and consumers don't focus on homeownership education. ...read more

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SEC accuses Michigan pastor of leading $6.7 million real estate fraud scheme

By |April 3rd, 2017|Real Estate|

A Michigan pastor allegedly bilked church members, retirees, and laid-off autoworkers out of millions of dollars by convincing them to invest in a “successful” real estate scheme, the Securities and Exchange Commission said last week. All told, the SEC is charging Larry Holley, the pastor of Abundant Life Ministries in Flint, with defrauding approximately $6.7 million from more than 80 investors. ...read more

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SEC accuses Michigan pastor of leading $6.7 million real estate fraud scheme

By |April 3rd, 2017|Real Estate|

A Michigan pastor allegedly bilked church members, retirees, and laid-off autoworkers out of millions of dollars by convincing them to invest in a “successful” real estate scheme, the Securities and Exchange Commission said last week. All told, the SEC is charging Larry Holley, the pastor of Abundant Life Ministries in Flint, with defrauding approximately $6.7 million from more than 80 investors. ...read more

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