South Florida housing still healthy, but challenges remain, reports say

Low unemployment and an increase in home loan applications are keeping South Florida’s housing market stable, according to a report Wednesday from mortgage company Freddie Mac.

Still, two other forecasts are more pessimistic about housing after four years of steady growth.

Palm Beach, Broward and Miami-Dade counties scored 91.9 on Freddie Mac’s Multi-Indicator Market Index for June. That’s unchanged from May but an increase of 10 percent from a year earlier.

The index analyzes mortgage applications, delinquencies, employment and affordability in the 100 largest metro areas nationwide. A composite score of 80 or above is considered stable. The ideal score is 100.

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http://www.sun-sentinel.com/business/realestate/fl-freddie-mac-housing-stability-20160831-story.html

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Struggling homeowners can meet with mortgage companies

The HOPE NOW Alliance and Urban League of Broward County will have a seminar Thursday for homeowners struggling with their mortgage payments.

The free event will allow homeowners to meet directly with some of the nation’s largest mortgage companies, including Bank of America, Chase, US Bank, Ocwen and Wells Fargo.

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http://www.sun-sentinel.com/business/realestate/fl-mortgage-relief-20151118-story.html

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Immobilier Floride Québec (2) Comment Démarrer un achat immobilier en Floride depuis le Québec.

La procédure d’achat peut devenir compliquée si elle n’est pas bien comprise dès le début. Steve Garai de Montréal et Jean Deglon de Fort Lauderdale vous expliquent. Visionner notre vidéo à ce sujet

RSF Team (Realty Services Florida) www.RSF-TRUST.com

County property search website wins national award

A website for searching property records operated by the Miami-Dade County Office of the Property Appraiser has won a national award.

The site allows users to search county property records online and works on desktop, tablet and mobile devices. It is the most-used page on the county’s site, according to property appraiser Pedro Garcia.

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http://www.miamiherald.com/news/business/real-estate-news/article34585434.html

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Peebles pulls out of Miami Beach condo project

Developer Don Peebles is pulling out of an ultra-luxury condo project he had planned for an oceanfront property in Miami Beach.

Peebles has put the small lot at 6747 Collins Ave. on the market for an undisclosed price, a spokeswoman confirmed Tuesday. The original plan for the project, called the Bath Club Estates, was to build a 15-story tower with just 13 units, including a 9,000-square-foot penthouse marketed for $50 million.

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http://www.miamiherald.com/news/business/real-estate-news/article31470118.html

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Lack of land hampers housing starts

Broward County housing starts increased in the second quarter, though home construction remains at low levels because of a lack of buildable land.

Builders started 368 units in Broward from April through June, up 19 percent from a year earlier, the Metrostudy research firm said Wednesday. The annual “starts pace” — a tally of housing starts from the past four consecutive quarters -— was at 1,229 units, a 14 percent increase from the prior year.

Palm Beach County homebuilding was more active in the second quarter, though starts dropped 3 percent, to 618 from 636 a year ago, Metrostudy said. Annual starts also decreased to 2,006, down 11 percent.

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http://www.sun-sentinel.com/business/realestate/fl-housing-starts-20150805-story.html

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July 2015:Do you want to know about your neighborhood Real Estate statistics? Ivanhoe between Griffin and Stirling in Davie/FL.

July 2015:Do you want to know about your neighborhood Real Estate statistics? Falcon’s Lea Patio in Davie/FL.

Kolter building 1,300 homes, townhomes in Palm Beach Gardens

Construction has started on an upscale development in northern Palm Beach County that could add 1,300 homes and townhomes over the next eight years.

Kolter Homes is building Alton on 270 acres at Interstate 95 and Donald Ross Road in Palm Beach Gardens. The property is across the street from the Scripps Research Institute at Abacoa in Jupiter.

Prices will range from the $400,000s to more than $1 million.

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http://www.sun-sentinel.com/…/fl-kolter-alton-development-2…

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June 2015 :Do you want to know about your neighborhood Real Estate statistics?

Here are the stats for the Falcon’s Lea Patio community in Davie.