My Blog Blog posts for My Blog http://marfinancial.net/site/1332533 Sun, 22 Jul 2018 13:27:01 +0100 FeedCreator 1.7.2 Happy Holidays http://marfinancial.net/site/1332533?post_id=6389899 <p>Posted by MAR Financial on Jul 22, 2018</p><p><img style="display: block; margin-left: auto; margin-right: auto;" src="http://h20financial.blueroof360.com/images/Merry%20Xmas.jpg" alt="" width="511" height="360" /></p> <p style="text-align: center;">Warm Wishes from Brandon Waters <br />and your Friends at Utah Mortgage Pros.</p> <p style="text-align: center;">&nbsp;</p><p>Originally authored by Utah Mortgage Pros Waters on Dec 24, 2014</p> MAR Financial http://marfinancial.net/site/1332533?post_id=6389899 Rents Rising at the Fastest Pace in 6 Years. http://marfinancial.net/site/1332533?post_id=6389900 <p>Posted by MAR Financial on Jul 22, 2018</p><p><span style="font-family: helvetica; font-size: medium;"><strong>Apartment rent to outpace inflation next year: NAR:</strong> Landlords are quickly <img style="float: left;" src="http://rosapace.blueroof360.com/images/Buy-or-Rent.jpg" alt="" width="355" height="199" />raising their rents as the national vacancy rate dips to the lowest level in two decades. Rents are rising at the fastest pace in six years, according to newly released data from the Bureau of Labor Statistics this week.</span></p> <p>&nbsp;</p> <p>&nbsp;</p> <p><span style="font-family: helvetica; font-size: medium;"><strong>The annual rent inflation reached 3.5percent in November,</strong> the highest growth since November 2008, and up from 3.3 percent in October, according to the government&rsquo;s report.</span></p> <p>&nbsp;</p> <p>&nbsp;</p> <p><span style="font-family: helvetica; font-size: medium;">&ldquo;<a href="http://www.census.gov/housing/hvs/files/qtr314/q314press.pdf" target="_blank">Rental vacancy</a> rates have fallen to 20-year lows,&rdquo; notes Ted Wiesman, an economist at Morgan Stanley. The vacancy rate plunged to 7.4 percent in the third quarter, the slimmest margin since early 1995, according to a U.S. Census Bureau report.<br /><img src="http://rosapace.blueroof360.com/images/MW-DB743_Rent12_20141217095638_ZH.jpg" alt="" width="546" height="260" /><br /></span></p> <p><span style="font-family: helvetica; font-size: medium;"><strong>Builders are increasing construction of apartments</strong>, but are still playing catch up to the rising demand.</span></p> <p><span style="font-family: helvetica; font-size: medium;"><br /></span></p> <p><span style="font-family: helvetica; font-size: medium;">The National Association of REALTORS&reg; recently forecast that 2015 will continue to be a &ldquo;landlord&rsquo;s market&rdquo; as rent growth continues to run higher than overall inflation. <strong>However, NAR does project that rent growth will start to cool &mdash; though only slightly &mdash; next year:</strong> Rent growth is expected to reach 3.9 percent in 2015 compared with 4 percent this year.</span></p> <p><span style="font-family: helvetica; font-size: medium;"><br /></span></p> <p><span style="font-family: helvetica; font-size: medium;">&ldquo;Low housing inventory and the sizable demand for rentals will continue to spur multifamily construction as well as keep rents rising above inflation through next year,&rdquo; Lawrence Yun, NAR&rsquo;s chief economist, said in a recent statement.</span></p> <p><span style="font-family: helvetica; font-size: medium;"><strong>Vacancy rates for rental apartments is expected to remain low for at least two more years,</strong> NAR says. The vacancy rate for rental apartments in the fourth quarter is expected to be at 4 percent, and inch up to 4.1 percent in 2015 and 4.2 percent in 2016.&nbsp; </span></p> <p>&nbsp;</p> <p><strong><span style="font-family: helvetica; font-size: medium;">Vacancy rates under 5 percent often are considered by housing analysts to be a &ldquo;landlord&rsquo;s market&rdquo; and ripe conditions for landlords to continue upping rents.</span></strong></p> <p>&nbsp;</p> <p>&nbsp;</p> <p><span style="font-family: helvetica; font-size: medium;">&nbsp;The following metros saw the lowest vacancy rates for rental apartments in the fourth quarter, according to NAR:&nbsp;</span></p> <ul> <li><span style="font-family: helvetica; font-size: medium;">Orange County, Calif.: 2.2%</span></li> <li><span style="font-family: helvetica; font-size: medium;">Sacramento, Calif.: 2.2%</span></li> <li><span style="font-family: helvetica; font-size: medium;">Providence, R.I.: 2.3%</span></li> <li><span style="font-family: helvetica; font-size: medium;">New Haven, Conn.: 2.3%</span></li> <li><span style="font-family: helvetica; font-size: medium;">Hartford, Conn.: 2.4%</span></li> </ul> <p>&nbsp;</p> <p>&nbsp;</p> <p><em>Source: MarketWatch (Dec. 17, 2014) and &ldquo;<a href="http://www.marketwatch.com/story/apartment-rent-to-outpace-inflation-next-year-nar-2014-11-24" target="_blank">Apartment Rent to Outpace Inflation Next Year: NAR</a>,&rdquo; MarketWatch (Nov. 24, 2014)<br />Read more: <a href="http://www.affordableutahhousing.com/blog/1215148/4694664/Rent-Surge-Expected-into-2015" target="_blank">Rent Surge Expected into 2015</a></em></p><p>Originally authored by Utah Mortgage Pros Waters on Dec 20, 2014</p> MAR Financial http://marfinancial.net/site/1332533?post_id=6389900 Builder confidence at six-year high. http://marfinancial.net/site/1332533?post_id=6389901 <p>Posted by MAR Financial on Jul 22, 2018</p><p><span class="FAR_Heading_One">Builder confidence at six-year high</span></p> <div>&nbsp;</div> <p>WASHINGTON &ndash; Dec. 18, 2012 &ndash; Builder confidence in the market for newly built, single-family homes rose for an eighth consecutive month in December to a level of 47 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. It&rsquo;s a two-point gain from a slightly revised November reading, and the highest level the index has attained since April of 2006.<br /><br />&ldquo;Builders across the country are reporting some of the best sales conditions they&rsquo;ve seen in more than five years, with more serious buyers coming forward and a shrinking number of vacant and foreclosed properties on the market,&rdquo; says NAHB Chairman Barry Rutenberg, a home builder from Gainesville. &ldquo;However, one thing that is still holding back potential home sales is the difficulty many families encounter in getting qualified for a mortgage due to today&rsquo;s overly stringent lending standards.&rdquo;<br /><br />&ldquo;While there is still much room for improvement, the consistent upward trend in builder confidence over the past year is indicative of the gradual recovery that has been taking place in housing markets nationwide, and that we expect to continue in 2013,&rdquo; adds NAHB Chief Economist David Crowe.<br /><br />Two of the HMI&rsquo;s three component indexes are now above the critical midpoint of 50. (A score above 50 indicates that builders&rsquo; attitudes are more positive than negative.) The component gauging current sales expectations rose two points to 51 in December, while the component gauging sales expectations in the next six months slipped one point, to 51. The component measuring traffic of prospective buyers increased one point, to 36.<br /><br />Derived from a monthly survey that NAHB has been conducting for the past 25 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as &ldquo;good,&rdquo; &ldquo;fair&rdquo; or &ldquo;poor.&rdquo; The survey also asks builders to rate traffic of prospective buyers as &ldquo;high to very high,&rdquo; &ldquo;average&rdquo; or &ldquo;low to very low.&rdquo; Scores from each component are then used to calculate a seasonally adjusted index.<br /><br />&copy; 2012 Florida Realtors&reg;</p> <p>&nbsp;</p> <p>Shai Mashiach</p> <p>Prudential Florida Realty</p> <p>Fort Lauderdale Luxury Real Estate/ Miami Luxury Real Estate</p> <p>Phone: 954.816.7070</p> <p><a href="mailto:Shashy79@Gmail.com">Shashy79@Gmail.com</a></p> <p><a href="http://www.premierestateregistry.com/">www.PremierEstateRegistry.com</a></p> <p><a href="http://www.realtysh.com/">www.RealtySH.com</a>&nbsp;</p> <p>BETTER SERVICE, BETTER RESULTS&nbsp;&nbsp;</p><p>Originally authored by Shai Mashiach on Dec 19, 2012</p> MAR Financial http://marfinancial.net/site/1332533?post_id=6389901 3 Crucial Questions Most Home Buyers Don’t Know the Answer To...DO YOU? http://marfinancial.net/site/1332533?post_id=6389007 <p>Posted by MAR Financial on Jul 20, 2018</p><h1 class="entry-title"><img src="http://s3.amazonaws.com/kcmmedia/2016/07/08151828/20160714-Questions-STM.jpg" alt="3 Crucial Questions Most Home Buyers Don&rsquo;t Know the Answer To. DO YOU? | MyKCM" /></h1> <h1 class="entry-title"><a href="http://goo.gl/O6VcA3">3 Crucial Questions Most Home Buyers Don&rsquo;t Know the Answer To...DO YOU?</a></h1> <p><span style="font-size: medium;">Whether you are considering the purchase of your first home or trading up to the home your family frequently fantasizes about, there are three crucial questions you must know the answer to:</span></p><p>Originally authored by Tami Gunn on Jul 14, 2016</p> MAR Financial http://marfinancial.net/site/1332533?post_id=6389007 Real estate pros expect good things in 2013 http://marfinancial.net/site/1332533?post_id=6389008 <p>Posted by MAR Financial on Jul 20, 2018</p><p><span class="FAR_Heading_One">Real estate pros expect good things in 2013</span></p> <div>&nbsp;</div> <p>WASHINGTON &ndash; Jan. 7, 2013 &ndash; A lot of things could happen on the cusp of 2013, but most real estate experts predict an improving recovery for most local U.S. markets.<br /><br />One variable that&rsquo;s hard to predict: How long will homeowners hold off listing their home? Many owners have wanted to move for a while, but they&rsquo;ve been afraid to move forward because they&rsquo;re underwater or their home is worth less than they wish. As prices recover, when will these homeowners jump into the market?<br /><br />By the end of 2012, many potential buyers believed that housing values had hit bottom, and &ndash; coupled with a fear that record-low mortgage rates could again rise &ndash; jumped into the market. An increase in buyers and decrease in inventory kicked off home price increases in many markets and even bidding wars. The number and timing of new listings could slow that process down.<br /><br />Even so, economists and analysts interviewed by Forbes call for 3.1 percent price appreciation in 2013, and a seller&rsquo;s market as more buyers enter the market and owners continue to hold off for even higher selling prices.<br /><br />Mortgage rates should also remain low at least through early 2013, as The Federal Reserve stays actively involved, seeing a housing market rebound as key to a complete U.S. economic recovery. Low rates allow buyers with modest budgets to stay competitive even if home prices rise. At the close of 2012, rates hovered around 3.34 percent.<br /><br />&ldquo;Mortgage rates started the year near record lows which should continue to aid the ongoing housing recovery,&rdquo; says Freddie Mac vice president and chief economist Frank Nothaft.<br /><br />In the latest Pending Home Sales Index released by the National Association of Realtors&reg; (NAR), homes under contract reached the highest level in two-and-a-half years. Pending home sales rose 1.7 percent to 106.4 in November from a downwardly revised 104.6 in October. Year-to-year, pending home sales rose 9.8 percent. On a year-over-year basis, pending home sales have risen for 19 consecutive months.<br /><br />&ldquo;Even with market frictions related to the mortgage process, home contract activity continues to improve. Home sales are recovering now based solely on fundamental demand and favorable affordability conditions,&rdquo; says Lawrence Yun, NAR chief economist.<br /><br />Yun predicts that existing-home sales should rise 8 to 9 percent in 2013 to approximately 5.1 million, following a 10 percent gain expected for all of 2012. He predicts that the median existing-home price should rise just over 4 percent in 2013, after rising more than 7 percent in 2012.<br /><br />&copy; 2013 Florida Realtors&reg;</p> <p>&nbsp;</p> <p>Shai Mashiach</p> <p>Prudential Florida Realty</p> <p>Fort Lauderdale Luxury Real Estate/ Miami Luxury Real Estate</p> <p>Phone: 954.816.7070</p> <p><a href="mailto:Shashy79@Gmail.com">Shashy79@Gmail.com</a></p> <p><a href="http://www.premierestateregistry.com/">www.PremierEstateRegistry.com</a></p> <p><a href="http://www.realtysh.com/">www.RealtySH.com</a>&nbsp;</p> <p>BETTER SERVICE, BETTER RESULTS&nbsp;&nbsp;</p><p>Originally authored by Shai Mashiach on Jan 7, 2013</p> MAR Financial http://marfinancial.net/site/1332533?post_id=6389008 Nov. home sales, prices higher than expected. http://marfinancial.net/site/1332533?post_id=6389009 <p>Posted by MAR Financial on Jul 20, 2018</p><p><span class="FAR_Heading_One">Nov. home sales, prices higher than expected</span></p> <div>&nbsp;</div> <p>DENVER &ndash; Dec. 18, 2012 &ndash; November home sales saw the second-highest year-over-year increase in 2012, with a 15.7 percent rise from November 2011, according to Re/Max&rsquo;s November National Housing Report.<br /><br />October had a 17.8 percent increase, making sales this fall season unusually high, according to Re/Max analysts. In November, home prices rose 6.9 percent higher than the prices in November 2011. The median price for homes sold this November was $163,750, according to the report.<br /><br />Rising prices are due mostly to a dwindling inventory, Re/Max&rsquo;s report says. The average number of homes for sale is 29.1 percent lower than last year. Low inventory levels now negatively impact home sales in many markets, where there are more buyers than homes for sale.<br /><br />&ldquo;2012 has been a great turn-around year for housing, with prices and sales moving beyond where we were last year,&rdquo; says Margaret Kelly, CEO of RE/MAX. &ldquo;We&rsquo;re ending the year the way we started it &ndash; with better than expected performance. If we can get more reasonable regulation from Washington and if mortgage availability improves, 2013 will see a much stronger housing market.&rdquo;<br /><br />&copy; 2012 Florida Realtors&reg;</p> <p>&nbsp;</p> <p>Shai Mashiach</p> <p>Prudential Florida Realty</p> <p>Fort Lauderdale Luxury Real Estate/ Miami Luxury Real Estate</p> <p>Phone: 954.816.7070</p> <p><a href="mailto:Shashy79@Gmail.com">Shashy79@Gmail.com</a></p> <p><a href="http://www.premierestateregistry.com/">www.PremierEstateRegistry.com</a></p> <p><a href="http://www.realtysh.com/">www.RealtySH.com</a>&nbsp;</p> <p>BETTER SERVICE, BETTER RESULTS&nbsp;&nbsp;</p><p>Originally authored by Shai Mashiach on Dec 19, 2012</p> MAR Financial http://marfinancial.net/site/1332533?post_id=6389009 Foreclosure abuse case settled for $8.5B http://marfinancial.net/site/1332533?post_id=6388104 <p>Posted by MAR Financial on Jul 18, 2018</p><p><span class="FAR_Heading_One">Foreclosure abuse case settled for $8.5B</span></p> <div>&nbsp;</div> <p>WASHINGTON &ndash; Jan. 8, 2013 &ndash; More than 3.8 million borrowers will split $3.3 billion in cash and $5.2 billion in mortgage assistance under a revised settlement over foreclosure abuses, federal banking regulators announced Monday.<br /><br />The new deal &ndash; agreed to in principle by federal regulators and 10 mortgage servicers &ndash; provides the largest cash payments so far to borrowers in compensation for foreclosure abuses.<br /><br />Borrowers involved in a foreclosure case in 2009 or 2010 handled by one of the servicers will be notified of their eligibility by the end of March, says Bryan Hubbard, a spokesman for the Office of the Comptroller of the Currency.<br /><br />The settlement replaces one reached in 2011 in which 14 servicers agreed to check foreclosure cases for mistakes and compensate victims. That process was too slow, resulting in large payments to consultants to check case files but nothing yet to consumers, regulators say. Only 495,000 people out of almost 4.4 million even requested reviews, the OCC says. It was overseeing the reviews along with the Federal Reserve.<br /><br />With the new process, 3.8 million eligible home loan borrowers will get some compensation, whether or not they suffered a foreclosure error, regulators say.<br /><br />The payouts will range from hundreds of dollars for minor issues, such as a small improper fee, up to $125,000 if an active duty service member was improperly foreclosed upon, the OCC says.<br /><br />In addition, the servicers will provide $5.2 billion in mortgage relief, which is expected to include loan modifications, principal reductions and short sales.<br /><br />That relief can go to any distressed borrower, the OCC says, meaning that more than 3.8 million previous and current home loan borrowers could benefit from the settlement.<br /><br />The 10 servicers are Bank of America, JPMorgan Chase, Citibank, Wells Fargo, Aurora, MetLife Bank, PNC, Sovereign, SunTrust and U.S. Bank. Discussions are continuing with other servicers, the OCC says.<br /><br />The revised deal is better than the old one but it&rsquo;s still &ldquo;woefully inadequate,&rdquo; says Alys Cohen, attorney for the National Consumer Law Center.<br /><br />&ldquo;If the reviews had been done right the first time, banks would have been on the hook to pay far more to homeowners,&rdquo; Cohen says.<br /><br />She also says an independent monitor should be appointed to oversee the process.<br /><br />The original settlement stemmed from a federal investigation that found significant weaknesses in servicer foreclosure processes.<br /><br />Of the reviews done so far, only 6.5% were found to have contained errors, the OCC says.<br /><br />Servicers have spent more than $1.5 billion paying consultants for reviews but no consumer has yet been compensated, the OCC says.<br /><br /><strong>What the foreclosure settlement means for borrowers</strong><br /><br />Many details of the $8.5 billion mortgage foreclosure settlement that federal banking regulators announced Monday have not been finalized yet. Here are some answers for borrowers.<br /><br />Q: How much money is in it?<br /><br />A: Ten banks and mortgage companies will pay $3.3 billion in cash to borrowers and $5.2 billion in mortgage relief to settle federal regulators&rsquo; investigations into alleged foreclosure abuses. This settlement largely replaces a 2011 settlement between the same regulators and leading home loan servicers.<br /><br />Q: Who&rsquo;s eligible for compensation?<br /><br />A: That hasn&rsquo;t changed. You&rsquo;re eligible if your primary home was in some stage of foreclosure in 2009 or 2010 and your loan was handled by one of the participating servicers.<br /><br />Q: If I think I&rsquo;m eligible, what should I do now?<br /><br />A: Nothing. If you&rsquo;re eligible, regulators say you&rsquo;ll be contacted by the end of March by a company that will function like a claims administrator.<br /><br />Q: Must I prove that I was harmed?<br /><br />A: Probably not. Your servicer will place your case in one of 11 categories representing different kinds of harm. Regulators will spot check those placements.<br /><br />Q: What&rsquo;s the purpose of that?<br /><br />A: The categories will be used to decide how much you get. Servicers are supposed to place you in the category that would net you the highest payment, based on your case.<br /><br />Everybody in the same category will get the same compensation. For bigger payouts, expected to be up to $125,000, &ldquo;some verification&rdquo; may be required, says OCC spokesman Bryan Hubbard. Few are likely to get that much.<br /><br />Q: I asked for a review of my case under the 2011 settlement. What happens now?<br /><br />A: About 495,000 people did that. If you did, you&rsquo;ll likely get an extra, undetermined payment, regulators say.<br /><br />Q: What if I didn&rsquo;t suffer a foreclosure abuse?<br /><br />A: You&rsquo;ll still be paid. But it may be a smaller amount.<br /><br />Q: What if I think I should get more than what I do?<br /><br />A: No appeals allowed. You could still sue the servicer.<br /><br />Q: How do I get a piece of the $5.2 billion in mortgage relief?<br /><br />A: Servicers will decide that. The kind of help they provide will earn them different levels of credit toward meeting their obligations under the settlement. For instance, if they reduce your home loan balance, they&rsquo;ll get $1 in credit for every dollar in debt forgiven, regulators say.<br /><br />Other types of relief will not be dollar for dollar. Those formulas are still being worked out.<br /><br />Q: How is this settlement different from the $25 billion national mortgage settlement reached last year?<br /><br />A: Under that settlement, just five servicers are participating. They are Bank of America, Chase, Citibank, Ally/GMAC and Wells Fargo. They&rsquo;re paying out $1.5 billion to borrowers who actually lost a home to foreclosure from 2008 through 2011 and meet other requirements. They&rsquo;re also extending more money in mortgage relief. The settlements are more similar now in that actual errors won&rsquo;t have to be discovered for borrowers to be compensated.<br /><br />Q: Can servicers get credit for both programs by helping the same homeowner?<br /><br />A: No, the OCC says.<br /><br />Q: What if my servicer was part of the first settlement but not the new one?<br /><br />A: Talks are continuing with them, the OCC says. If they never sign on, their old foreclosure reviews will continue. Those servicers are HSBC, Ally (formerly GMAC), EverBank and IndyMac, part of OneWest Bank.<br /><br />&copy; Copyright 2013 USA TODAY, a division of Gannett Co. Inc., Julie Schmit, USA TODAY</p> <p>&nbsp;</p> <p>Shai Mashiach</p> <p>Prudential Florida Realty</p> <p>Fort Lauderdale Luxury Real Estate/ Miami Luxury Real Estate</p> <p>Phone: 954.816.7070</p> <p><a href="mailto:Shashy79@Gmail.com">Shashy79@Gmail.com</a></p> <p><a href="http://www.premierestateregistry.com/">www.PremierEstateRegistry.com</a></p> <p><a href="http://www.realtysh.com/">www.RealtySH.com</a>&nbsp;</p> <p>BETTER SERVICE, BETTER RESULTS&nbsp;&nbsp;</p><p>Originally authored by Shai Mashiach on Jan 8, 2013</p> MAR Financial http://marfinancial.net/site/1332533?post_id=6388104 Bank of America in $10B-plus mortgage settlement http://marfinancial.net/site/1332533?post_id=6388105 <p>Posted by MAR Financial on Jul 18, 2018</p><p><span class="FAR_Heading_One">Bank of America in $10B-plus mortgage settlement</span></p> <div>&nbsp;</div> <p>CHARLOTTE, N.C. (AP) &ndash; Jan. 7, 2013 &ndash; Bank of America says it will spend more than $10 billion to settle mortgage claims resulting from the housing meltdown.<br /><br />Under the deal announced Monday, the bank will pay $3.6 billion to Fannie Mae and buy back $6.75 billion in loans that the North Carolina-based bank and its Countrywide banking unit sold to the government agency from Jan. 1, 2000 through Dec. 31, 2008. That includes about 30,000 loans.<br /><br />Its shares edged up 14 cents to $12.25 in premarket trading after the announcement.<br /><br />CEO Brian Moynihan said the agreements were &ldquo;a significant step&rdquo; in resolving the bank&rsquo;s remaining legacy mortgage issues while streamlining the company and reducing future expenses.<br /><br />Bank of America bought Countrywide Financial Corp. in July 2008, just before the financial crisis. Countrywide was a giant in mortgage lending, but was also known for approving risky loans.<br /><br />Fannie Mae and Freddie Mac, which packaged loans into securities and sold them to investors, were effectively nationalized in 2008 when they nearly collapsed under the weight of their mortgage losses.<br /><br />Bank of America&rsquo;s purchase of Countrywide originally was lauded by lawmakers because the bank was viewed as stepping in to eliminate a bad actor from the mortgage market. But instead of padding Bank of America&rsquo;s mortgage business, the purchase has drawn a drumbeat of regulatory fines, lawsuits and losses.<br /><br />Bank of America said that the loans involved in the settlement have an aggregate original principal balance of about $1.4 trillion. The outstanding principal balance is about $300 billion.<br /><br />&ldquo;Fannie Mae has diligently pursued repurchases on loans that did not meet our standards at the time of origination, and we are pleased to have reached an appropriate agreement to collect on these repurchase requests,&rdquo; Bradley Lerman, Fannie Mae executive vice president and general counsel, said in a statement.<br /><br />Bank of America Corp., which is based in Charlotte, N.C., also said that it is also selling mortgage servicing rights on about 2 million residential mortgage loans. The loans have an aggregate unpaid principal balance of approximately $306 billion.<br /><br />The transferring of the servicing rights is expected to take place throughout the year.<br /><br />In addition, the bank will pay $1.3 billion to Fannie Mae to settle loan servicing compensatory fee obligations.<br /><br />Bank of America said its fourth-quarter will include various items related to the settlement and other matters, but that it expects &ldquo;modestly positive&rdquo; earnings for the period.<br /><br /><img src="http://www.floridarealtors.org/NewsAndEvents/images/AP-logo.jpg" alt="AP Logo" width="30" height="35" border="0" hspace="0" vspace="0" />Copyright 2013 The Associated Press.</p> <p>&nbsp;</p> <p>Shai Mashiach</p> <p>Prudential Florida Realty</p> <p>Fort Lauderdale Luxury Real Estate/ Miami Luxury Real Estate</p> <p>Phone: 954.816.7070</p> <p><a href="mailto:Shashy79@Gmail.com">Shashy79@Gmail.com</a></p> <p><a href="http://www.premierestateregistry.com/">www.PremierEstateRegistry.com</a></p> <p><a href="http://www.realtysh.com/">www.RealtySH.com</a>&nbsp;</p> <p>BETTER SERVICE, BETTER RESULTS&nbsp;&nbsp;</p><p>Originally authored by Shai Mashiach on Jan 7, 2013</p> MAR Financial http://marfinancial.net/site/1332533?post_id=6388105 Improving housing market list expands to 242 http://marfinancial.net/site/1332533?post_id=6388106 <p>Posted by MAR Financial on Jul 18, 2018</p><p><span class="FAR_Heading_One">Improving housing market list expands to 242</span></p> <div>&nbsp;</div> <p>WASHINGTON &ndash; Jan. 7, 2013 &ndash; In the latest sign of a burgeoning recovery in U.S. housing markets, the number of metropolitan areas on the National Association of Home Builders/First American Improving Markets Index (IMI) rose for a fifth consecutive month &ndash; to 242 in January for a net gain of 41 more than the number of improving markets one month earlier.<br /><br />Florida&rsquo;s improving markets in January include Cape Coral, Deltona, Jacksonville, Lakeland, Miami, Naples, North Port, Ocala, Orlando, Palm Bay, Panama City, Pensacola, Punta Gorda and Tallahassee.<br /><br />Overall, five markets dropped off the list in January because at least one month showed at least a slight decline in market improvement. In Florida, Sebastian and Crestview lost their improving status.<br /><br />&ldquo;We created the improving markets list in September of 2011 to spotlight individual metros where &ndash; contrary to the national headlines &ndash; housing markets were on the mend,&rdquo; says NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla. &ldquo;Today, 242 out of 361 metros nationwide (67 percent) appear on that list, including representatives from almost every state in the country. The story is no longer about exceptions to the rule, but about the growing breadth of the housing recovery even as overly strict mortgage requirements hold back the pace of improvement.&rdquo;<br /><br />&ldquo;Potential homebuyers should be encouraged by the positive momentum in home prices, permitting and employment increasingly evident in not just isolated housing markets, but a broadening swath of the country,&rdquo; says Kurt Pfotenhauer, vice chairman of First American Title Insurance Company.<br /><br />NAHB posts more info about the&nbsp;<a id="CPNEWWIN:NewWindow^top=10,left=10,width=500,height=400,toolbar=1,location=1,directories=0,status=1,menubar=1,scrollbars=1,resizable=1@http://www.nahb.org/imi|">IMI, including a list of all cities, online.</a>&nbsp;</p> <p>&copy; 2013 Florida Realtors&reg;</p> <p>&nbsp;</p> <p>Shai Mashiach</p> <p>Prudential Florida Realty</p> <p>Fort Lauderdale Luxury Real Estate/ Miami Luxury Real Estate</p> <p>Phone: 954.816.7070</p> <p><a href="mailto:Shashy79@Gmail.com">Shashy79@Gmail.com</a></p> <p><a href="http://www.premierestateregistry.com/">www.PremierEstateRegistry.com</a></p> <p><a href="http://www.realtysh.com/">www.RealtySH.com</a>&nbsp;</p> <p>BETTER SERVICE, BETTER RESULTS&nbsp;&nbsp;</p><p>Originally authored by Shai Mashiach on Jan 7, 2013</p> MAR Financial http://marfinancial.net/site/1332533?post_id=6388106 Market listings to entire family, not just parents http://marfinancial.net/site/1332533?post_id=6387769 <p>Posted by MAR Financial on Jul 16, 2018</p><p><span class="FAR_Heading_One">Market listings to entire family, not just parents</span></p> <div>&nbsp;</div> <p>CHICAGO &ndash; Jan. 8, 2013 &ndash; Real estate agents should keep children in mind when marketing to families and point out features children will like.<br /><br />Agents should provide information about nearby parks and green spaces, for example, compile information about local school graduation rates and sports programs. An agent&rsquo;s website should also provide a link to recreation centers in or near their farm area.<br /><br />Additionally, agents should include any low crime rate statistics in their marketing information and get children involved by pointing out spaces that could be used as media rooms or for crafts.<br /><br />Overall, Realtors should keep in mind that they are marketing to the whole family and present more information than the number of bedrooms.<br /><br />Source: Realty Times (10/29/12)<br /><br />&copy; Copyright 2013 INFORMATION, INC. Bethesda, MD (301) 215-4688</p> <p>&nbsp;</p> <p>Shai Mashiach</p> <p>Prudential Florida Realty</p> <p>Fort Lauderdale Luxury Real Estate/ Miami Luxury Real Estate</p> <p>Phone: 954.816.7070</p> <p><a href="mailto:Shashy79@Gmail.com">Shashy79@Gmail.com</a></p> <p><a href="http://www.premierestateregistry.com/">www.PremierEstateRegistry.com</a></p> <p><a href="http://www.realtysh.com/">www.RealtySH.com</a>&nbsp;</p> <p>BETTER SERVICE, BETTER RESULTS&nbsp;&nbsp;</p><p>Originally authored by Shai Mashiach on Jan 8, 2013</p> MAR Financial http://marfinancial.net/site/1332533?post_id=6387769