Southwest Fl Real Estate Articles & Information

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CoreLogic: 2012 big year for home price increases	5/17/2013 2:28 AM
Prices rose in six Florida cities tracked by the index, varying from a low of 3.5% in Jacksonville to a high of 13.5% in Miami. But expect less in 2013.
Is the mortgage interest tax deduction here to stay?	5/16/2013 1:24 AM
Maybe. Maybe not. Lawmakers kept the popular IRS deduction that saves homeowners money, but it could be in the crosshairs again later this year.
No. of housing starts counters drop in foreclosures	5/16/2013 2:09 AM
RealtyTrac: National drop in foreclosures coming on the market is balanced out by a higher number of new home starts. Delray Beach tops for expected inventory.
International migration to drive population growth	5/16/2013 2:48 AM
For the first time since at least 1850, immigration will feed U.S. population growth more than births, projects the U.S. Census Bureau.
Freddie Mac's streamlined modification debuts early	5/15/2013 3:09 AM
Most borrowers 90 to 720 days late on a Freddie Mac-owned loan can get an easy mortgage modification. Pay on time for three months and it's permanent.
NAR: Short sale approval, valuation issues continue to impact housing market	5/15/2013 3:19 AM
Short sales make up 9% of the market but can be frustrating. New Fannie Mae and Freddie Mac policies should improve the process and help valuations.
April's new listings rose 3.12%, but more buyers began a search	5/15/2013 3:18 AM
The bad news: The number of potential homebuyers rose even more, keeping inventory tight in many areas, according to data compiled from realtor.com.
Loans on Main St. could be impacted by fed choices	5/15/2013 3:14 AM
Possible regulatory changes can be confusing, but experts at NAR convention say a few upcoming decisions could help - or harm - homebuyers.
Realtors pounding pavement in Washington this week	5/14/2013 3:14 AM
NAR's Midyear Meetings take place in the U.S. capital through Saturday. More than 9,000 Realtors will meet lawmakers and promote a pro-homeownership agenda.
Land trusts band together for liability insurance	5/13/2013 2:46 AM
Land trusts in 46 states, including Florida, insure members against litigation. Nearly 60% of conservation land trusts are one person or volunteer operations.

RISMedia » Today’s Top Story – Consumer
Your Place: Tools and Techniques for Cleaning Your Deck	5/17/2013 10:02 PM
(MCT)—I was looking at my home’s back steps, constructed of pressure-treated wood, and decided it was time for the annual get-rid-of-the-mildew-and-seal-them program. For some reason, they aren’t looking as green as they were last year, so the job will be a snap. It has been a long time since I discussed deck cleaning in this [...]
Builder Confidence Improves in May	5/15/2013 2:12 PM
Builder confidence in the market for newly built, single-family homes improved three points to a 44 reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for May, released recently. This gain, from a downwardly revised 41 in April, reflected improvement in all three index components – current sales conditions, sales expectations [...]
Freddie Mac Announces Immediate Availability of Streamlined Modification for Delinquent Borrowers	5/14/2013 2:38 PM
Freddie Mac recently announced it is making its new Streamlined Modification program immediately available to all eligible borrowers nationwide in order to expedite financial relief for potentially thousands of distressed families. Freddie Mac’s Streamlined Modification program had originally been scheduled to start on July 1, 2013. The recent announcement extends to the entire country Freddie [...]
Drastic Drop in Mass. Foreclosure Activity in March	5/13/2013 2:49 PM
Regional Spotlight—A significant decline in Massachusetts foreclosures during the month of March indicates the foreclosure crisis is over, according to an article in Monday’s issue of Banker & Tradesman. Lenders filed 284 petitions to foreclose in March, an 82 percent decrease from 1,621 in March 2012, according to data from The Warren Group, publisher of [...]
Clear Capital: April’s Stable Home Prices Reflect the New Normal	5/10/2013 10:02 PM
Clear Capital®, a provider of data and solutions for real estate asset valuation and collateral risk assessment, has released its Home Data Index™ (HDI) Market Report with data through April 2013. Using a broad array of public and proprietary data sources, the HDI Market Report publishes the most granular home data and analysis earlier than [...]
Improving Markets List Includes 258 Metros in May	5/6/2013 2:59 PM
The number of U.S. housing markets showing sustained improvement in three key measures fell slightly to 258 in May from 273 in April, according to the NAHB/First American Improving Markets Index (IMI), released recently. This total includes entrants from all 50 states and the District of Columbia. The IMI identifies metropolitan areas that have shown [...]
Housing Tax Incentives Critical to Maintain Thriving Middle Class	5/1/2013 2:07 PM
To meet the nation’s growing need for affordable rental housing and homeownership opportunities, the National Association of Home Builders (NAHB) recently called on Congress to maintain its support for vital housing tax incentives, including the Low Income Housing Tax Credit, the mortgage interest deduction and real estate tax deductions. “Home building is an industry dominated [...]
Solar Panels Puzzle Would-Be Buyers	4/23/2013 2:32 PM
(MCT)—With solar panel prices plunging and generous tax credits and incentives still available, now may be as good a time as any to go solar. But shopping for a solar power system can be a tough task. Consumers face a bewildering array of options. There are thousands of different solar panel models from dozens of [...]
Mortgages Are Coming Home	4/22/2013 2:07 PM
Since late last year, industry experts forecast a drop in mortgage refinancings as rates rise, and a revival of purchase mortgages, as the housing recovery creates business for lenders willing to work with buyers. The spring housing market is here and now the mortgage market is following. Purchase mortgages zoomed to their highest monthly market [...]
Real Estate Q&A: How to Get Out of a Land Deal Gone Bad	4/19/2013 10:01 PM
(MCT)—QUESTION: I bought a vacant lot a few years ago on the Internet, sight unseen. Turns out, the property is unusable because it’s on the edge of a development and on a deep slope. I found out that it is part of an association, and the dues now have exceeded the value of the property. [...]


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Naples Daily News Stories: Bonita
Perverted justice? Child pornography sentences vary widely in federal, state courts	5/18/2013 4:00 PM
Two Collier men, both in their 20s, were sent to prison a month apart for possessing child pornography. One will be out in less than five years. The other may never get out. Find out why some say the discrepancy is unfair.
Infant mortality rate on decline in Collier County, state data shows	5/18/2013 3:00 PM
As a whole nationally, the infant mortality rate has declined 12 percent from 2005 through 2011. Collier's is down and local medical officials offer analysis of the trend.
Police Beat: Saturday, May 18, 2013	5/18/2013 2:37 PM
Southwest Florida crime report
Deputies: Bank robbers busted in south Lee	5/18/2013 2:23 PM
Christopher Donald Baker, 40, and Kristin Williams, 27, were arrested by Lee County sheriff’s deputies Saturday afternoon. The pair is accused of robbing a Chase Bank, 21331 U.S. 41.
Lee County deputy arrested, the third in six weeks	5/17/2013 5:39 PM
A Lee County sheriff's deputy was arrested Friday morning. He is the third Lee County Sheriff's Office employee to be arrested in six weeks.
Lee deputy, girlfriend arrested on marijuana charges	5/17/2013 7:15 AM
A Lee County Sheriff’s deputy and his girlfriend were arrested on marijuana charges Friday morning.
South Fort Myers graduate staying true to herself	5/17/2013 3:47 AM
Brittany Saldivar has worked her high school career with one goal in mind. She wants to cure cancer.
Lee doctor with Bonita office has license suspended over pain pill prescribing	5/17/2013 3:40 AM
State health officials say a Lee County doctor who participated in the controversial stem-cell therapy on a patient was prescribing too many pain pills to patients in other cases.
At least two local conservative groups say they were IRS targets	5/17/2013 3:05 AM
Two local conservative groups say they found themselves in the IRS's cross hairs when they applied for tax exempt status. Find out what happend that led to them shutting down.
Parks to close, bus routes eliminated in Lee budget scenario	5/16/2013 7:24 PM
Lee County would close several public parks, eliminate a few transit bus routes, reduce services for low-income residents and trim jobs under a $15.3 million budget cut scenario that county commissioners and staff will review at a workshop Monday.