Author Archives: walker

Florida has a huge number of uninsured renters

More renters than homeowners were uninsured after Hurricane Irma, and some walked away from their lease. As a result, more landlords are starting to mandate renters insurance for tenants since policies also cover lease payments.

More renters than homeowners were uninsured after Hurricane Irma, and some walked away from their lease. As a result, more landlords are starting to mandate renters insurance for tenants since policies also cover lease payments.

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Mortgage bankers like homeownership tax credits

While NAR focuses its tax-reform lobbying efforts on mortgage-interest and property-tax deductions, the bankers are pushing a tax credit that would target lower income buyers with perhaps a 12% tax credit for mortgage interest and property taxes.

While NAR focuses its tax-reform lobbying efforts on mortgage-interest and property-tax deductions, the bankers are pushing a tax credit that would target lower income buyers with perhaps a 12% tax credit for mortgage interest and property taxes.

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House passes bill to renew flood insurance program

Flood insurance expires Dec. 15, but the House passed a bill to keep it alive and solvent, though it’s unclear what will happen once it gets to the Senate. It would raise costs for Fla. homeowners but it could be worse – and NAR backs the bill.

Flood insurance expires Dec. 15, but the House passed a bill to keep it alive and solvent, though it’s unclear what will happen once it gets to the Senate. It would raise costs for Fla. homeowners but it could be worse – and NAR backs the bill.

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What to do with Fannie Mae and Freddie Mac?

Fannie and Freddie could drag the U.S. into a depression if the economy slows, so change is needed. But Realtors say their first goal is to ensure that “affordable mortgage capital will always remain available for creditworthy Americans.”

Fannie and Freddie could drag the U.S. into a depression if the economy slows, so change is needed. But Realtors say their first goal is to ensure that “affordable mortgage capital will always remain available for creditworthy Americans.”

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Call for Action: Don’t harm Fla.’s vacation-home buyers

If tourists buy a second home now, they qualify for the IRS mortgage-interest deduction. But next year? maybe not. Tell Congress to protect our second-home owners. http://www.floridarealtors.org/callforaction

If tourists buy a second home now, they qualify for the IRS mortgage-interest deduction. But next year? maybe not. Tell Congress to protect our second-home owners. http://www.floridarealtors.org/callforaction

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Fla.’s Irma-related insurance claims continue to mount

FEMA has approved 144,407 applications and provided $124.4M to repair damages to Fla. homes and businesses not covered by insurance. Irma insurance claims statewide amount to $4.2B in losses so far with 661,957 claims filed as of Monday.

FEMA has approved 144,407 applications and provided $124.4M to repair damages to Fla. homes and businesses not covered by insurance. Irma insurance claims statewide amount to $4.2B in losses so far with 661,957 claims filed as of Monday.

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REALTORS® Confidence Index Survey: September 2017 Highlights

The REALTORS® Confidence Index (RCI) survey[1]  gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting homeownership and real estate transactions.[2] This report presents key results about market transactions from September 2017. View and download the full report here. Market Conditions and Expectations • The REALTORS® […]The REALTORS® Confidence Index (RCI) survey[1]  gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting homeownership and real estate transactions.[2] This report presents key results about market transactions from September 2017. View and download the full report here. Market Conditions and Expectations • The REALTORS® […]
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Eliminating Real Estate Tax Deductions, and The Typical Homeowner

The Effect of Eliminating the State and Local Real Estate Tax Deduction on a Typical Homeowner Undoubtedly, all eyes in Washington are focused on the “Big 6” and the release of the tax reform framework some weeks ago. Under this framework, standard deduction will be doubled while mortgage interest and charitable contributions will be the […]The Effect of Eliminating the State and Local Real Estate Tax Deduction on a Typical Homeowner Undoubtedly, all eyes in Washington are focused on the “Big 6” and the release of the tax reform framework some weeks ago. Under this framework, standard deduction will be doubled while mortgage interest and charitable contributions will be the […]
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