Lantana, FL Real Estate News

By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
    Lantana, of Palm Beach County, FL Market Stats & Facts for May 2014 Stats and facts about Lantana, Florida, are out for the month of May 2014.  The report is packed with information about the county and the local city mentioned above. In a nut shell the inventory of single family homes available for sale are at a 6.1 month selling point which is down nearly 11.7% from a year ago. That’s a good sign things are loosening up and people are buying. Click on this LINK, for more graphs and stats. Whether you are buying or selling in this hot market of the County of Palm Beach, FL, choosing the right company will save you money, time and many sleepless nights. I not only have 30 years experience as a Realtor, construction was a passion of mine as well. This alone is worth so much more than...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, July 10, 2014 TODAY'S TOP STORIES The biggest hurdles to homeownership HSH.com: Homeowners surveyed at the end of 2013 identified six big obstacles to homeownership. Home prices and the down-payment ranked as the top two. Read more. Most U.S. homeowners have used a real estate agent BMO Harris Bank survey: Despite many feeling they could buy or sell on their own, in the end, the majority (75%) turn to a professional for help. Read more. Real estate Q&A: Loan status depends on what deed says The title to property owned by people who aren't married to each other may be held either "jointly" or "in common" – that can impact the mortgage's status. Read more.   UCF: Creating a way to help predict sinkholes Researchers...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, June 19, 2014   TODAY'S TOP STORIES International buyers bolster Fla.'s housing market Fla. TaxWatch: The state will see 60K homes sold to foreigners by 2016, with 90% of buyers coming from Latin America, the Caribbean, Canada and Europe. Read more. Realtor.com bogs down in cyber attack The operator of realtor.com, Move Inc., says the website slowed to a crawl thanks to a denial of service attack. Move is working to fix the problem. Read more. Lawsuit can spark higher condo dues Real estate Q&A: If a condo association sues a homeowner in court and loses, who pays? Could the other condo owners get stuck with the legal bill? Read more.   Review: Amazon phone watches you watch it New technology could one day make li...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source The Realtors® Association of the Palm Beaches.  Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida.  Please feel free to call me for any of your real estate needs.  
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Lantana, of Palm Beach County, FL Market Stats & Facts for April 2014 Stats and facts about Lantana, Florida, are out for the month of April 2014.  The report is packed with information about the county and the local city mentioned above. In a nut shell the inventory of single family homes available for sale are at a 7.2 month selling point which is down nearly 4.1% from a year ago. That’s a good sign things are loosening up and people are buying. Click on this LINK, for more graphs and stats. Whether you are buying or selling in this hot market of the County of Palm Beach, FL, choosing the right company will save you money, time and many sleepless nights. I not only have 29 years experience as a Realtor, construction was a passion of mine as well. This alone is worth so much more than...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Friday, May 30, 2014    TODAY'S TOP STORIES Fannie Mae makes short sales easier for agents An upgrade to Fannie's website, HomePath, allows agents to contact the mortgage giant earlier, request price guidance before listing a property and more. Read more. Starts tomorrow: No sales tax on hurricane supplies Consumers in Florida have nine days to buy limited types of flashlights, generators, batteries, tarps and more tax-free. The 2014 hurricane season starts Sunday. Read more. Average 30-year mortgage rate down to 4.12% As the Fed cuts back on buying bonds, rates were supposed to go up - but they haven't lately. 50% of experts predict even lower rates over the short term. Read more.   Aren't short sales supposed to be easy?...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Friday, May 23, 2014 TODAY'S TOP STORIES HUD awards $40 million in housing counseling grants A number of mortgage programs offer better terms to buyers willing to undergo counseling, and HUD says 31 Fla.-based agencies will receive funding. Read more. New-home sales rose 6.4% in April The recovery follows two months of less-than-stellar new home sales. Improvement in the new home market is considered key to a full U.S. economic rebound. Read more. Average 30-year mortgage rate falls to 4.14% It's the fourth straight week for rate declines, and no expert predicts that they'll rise soon. However, only 11% foresee further reductions in the short term. Read more.   Fed begins weighing options for mortgage rate rise Higher rate...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Wednesday, May 7, 2014   TODAY'S TOP STORIES IRS mortgage tax forgiveness still on hold If a seller has $200K in mortgage debt forgiven in a short sale, the IRS considers it taxable income, but a push to extend forgiveness this year isn't assured. Read more. RealtyTrac: All-cash sales reach new high in 1Q The upswing didn't come from investment, though - the number of investors fell to a two-year low. Five Fla. cities lead the nation in percent of all-cash sales. Read more. Realtors report faster sales, more buyer traffic NAR survey of Realtors: 37% of members report in March that homes are on the market less than a month, with buyer demand higher compared to Feb. Read more.   NAR commercial report finds optimism Commercia...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Lantana, of Palm Beach County, FL Market Stats & Facts for March 2014   Stats and facts about Lantana, Florida, are out for the month of March 2014.  The report is packed with information about the county and the local city mentioned above. In a nut shell the inventory of single family homes available for sale are at a 6.8 month selling point which is down nearly 12.7% from a year ago. That’s a good sign things are loosening up and people are buying. Click on this LINK, for more graphs and stats. Whether you are buying or selling in this hot market of the County of Palm Beach, FL, choosing the right company will save you money, time and many sleepless nights. I not only have 29 years experience as a Realtor, construction was a passion of mine as well. This alone is worth so much more t...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News   Thursday, May 1, 2014 TODAY'S TOP STORIES Flood insurance price break starts today Buyers of older pre-FIRM properties will receive a premium rate reduction under the new law; and Florida Realtors released a flood insurance disclosure update. Read more. Rule tweak could allow more down payment help The U.S. tightened mortgage requirements, but a proposal could ease those rules a bit for nonprofit lenders serving lower-income homebuyers. Read more. A fading middle-class perk: lower mortgage rates Jumbo mortgage rates, those above $417,000 in much of the country, continue to be almost equal to conventional rates - and many times they're lower. Read more.   Realty Trac: Home flipping down to 3.7% of all sales Flipping – a p...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
  The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source The Realtors® Association of the Palm Beaches.  Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida.    
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News   Thursday, April 24, 2014   TODAY'S TOP STORIES March year-to-year sales up 1% in Fla., prices up 11% RealtyTrac: Sales also rose 1% month-to-month, but sale prices declined slightly: 2%. Also, price increases have slowed in some cities that saw an early rebound. Read more. Key senator expects environment amendment to pass In Nov., Fla. voters will consider a constitutional change that directs some doc stamp money to conservation projects; 2015 Senate president predicts passage. Read more. 645,000 phone numbers now on Fla. Do-Not-Call list Two years ago, it became free to add a phone number to the state's do-not-call list. As a result, the list has expanded by 575,000 phone numbers. Read more.   Real estate Q&A: Take step...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, April 3, 2014   TODAY'S TOP STORIES U.S. foreclosure inventory down 35% year-to-year CoreLogic: Fla. had 118,000 completed foreclosures for month - 136% more than second-place Mich.; as a percentage, foreclosure inventory is second to N.J. Read more. Fla. ranchland transactions down, prices rise 2014 "Lay of the Land" report: Closed sales for Fla. rec and ranchlands down 50% over the past year, but the year-over-year median price per acre is higher. Read more. Ellie Mae outage temporarily stalls some closings The mortgage technology developer faced a series of outages and service disruptions that delayed loan closings on Monday and Tuesday. Read more.   Property taxes hit 20-year high Census Bureau: Property-tax ...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source The Realtors® Association of the Palm Beaches.  Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida.   
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet Of Palm Beach Real Estate & FL Realtor News Friday, March 21, 2014 TODAY'S TOP STORIES Study: U.S. housing recovery uneven across markets In five years, single-family home values may match their peaks before the recession - but some cities may do better than others, including Tampa and Jacksonville. Read more. Big investors slow their buying spree CoStar Group: Institutional investors are buying fewer single-family homes in bulk and narrowing their focus to a few markets, though a number are in Fla. Read more. Average 30-year mortgage rate falls to 4.32% Only 20% of mortgage experts polled this week expect the rate to continue downward, however. The rest predict little change (40%) or an increase (40%). Read more.   8% of counties better off now than before recessio...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Friday, February 28, 2014 TODAY'S TOP STORIES Freddie Mac posts $8.6B profit in 4Q U.S.-owned Freddie Mac paid back all bailout money and is now profitable. As a result, U.S. taxpayers will soon receive a $10.4 billion paycheck. Read more. NAR: Pending home sales steady in Jan. The index of homes under contract but not closed rose to 95.0 from Dec.'s 94.9. NAR's chief economist blames lackluster results on the weather and low inventory. Read more. Average 30-year mortgage rate up to 4.37% Last week, every expert polled by Bankrate.com predicted lower or steady rates. This week they're proved wrong as FRM rises from 4.33%. Read more.   Yellen: Harsh winter affected economy Some economic reports have been disappointing, but ...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, February 20, 2014   TODAY'S TOP STORIES Early start for home buying season this year Realtor.com: Data shows uptick in inventory (3.1% year-over-year) in Jan. 2014, one month earlier than last year. Median list price up 8.3% year-over-year. Read more. Cost of paying for a home up 21% year-to-year RealtyTrac: Thanks to higher interest rates and home prices, it costs more each month to buy a home, making housing less affordable for many Americans. Read more. Tenants still living in foreclosed home Real estate Q&A: Bought a foreclosure investment property at auction, but later found out people are still living in the home. What do I do now? Read more.   How to nail snail-mail marketing Turning letters, postcards and...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Wednesday, February 19, 2014 TODAY'S TOP STORIES Investors get back into the real estate game Investment tactics have changed, however, with foreclosures no longer the primary target. In Nov., investors bought 13.2% of nation's non-distressed sales. Read more. Cold calling less effective as a marketing strategy A CDC study found that 2 in 5 U.S. homes had only cell phones - no landlines - at the end of 2012, a percentage that rose to 60% for adults younger than 34. Read more. Has the stricter QM mortgage rule slowed lending? Some experts predicted tighter mortgage rules would slow the rebound, but others remained optimistic. NAR lender survey attempts to uncover the truth. Read more.   U.S. housing construction down 16% in...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Weekend Version  February 8, 2014   TODAY'S TOP STORIES Some flood insurance increases delayed until 2015 FEMA: Homeowners "grandfathered" in - those with rates based on earlier flood zone codes - won't see a rate increase until 2015. But home sales aren't affected. Read more. Internet seems bigger with new web domain names New generic top-level Web domain names - including .guru, .ventures, .clothing, and more - began rolling out Jan. 29, with .realtor expected to debut soon. Read more. Buyer bullies seller into returning deposit Real estate Q&A: The buyer backed out of a deal but threatened to delay a backup buyer's closing if the seller didn't return his deposit. Can he do that? Read more   Average rate on 30-year loan ...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, December 12, 2013 MLS: RX-9987297 Offered for $589k Boca Raton, FL     TODAY'S TOP STORIES It’s (almost) official – foreclosure crisis is over RealtyTrac: The number of Fla. owners entering the foreclosure process dropped 46% year-to-year; national numbers down 32% to lowest level since Dec. 2005. Read more.   Realtor.com ends AgentMatch pilot program A two-city pilot program that raised concern among Realtors was pulled because "using an algorithm to 'match' consumers with Realtors is misguided." Read more.   Lenders urged to improve foreclosure efforts Obama administration pushed lenders to use HAMP more effectively to help at-risk homeowners avoid foreclosure, specifically citing CitiMortgage. Read more.   HUD...
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