Lake-Monroe Real Estate News
Real Estate news for Lake-Monroe, FL continually updated from thousands of sources.
Thursday Sep 25 | via The Orlando Sentinel
Mortgage tech firm Digital Risk LLC's top executive Peter Kassabov is leaving the once fast-growing company as it now wrestles with an unexpected business downturn. Company president Alex Santos is also exiting. Comment?
Sep 8, 2014 | via The Orlando Sentinel
Seminole County has launched an audit of mortgage-technology company Digital Risk LLC to track whether it is complying with an incentive deal that has already paid out hundreds of thousands of dollars to the company, county officials said this week. The examination, which began in August, will scrutinize the company's increasing use of temporary, or "flex," workers to cut costs amid turbulence in its mortgage-risk analysis business, officials said. Comment?
Sep 15, 2014 | via The Orlando Sentinel
Home prices in the core Orlando market took a seasonal dip in August, dropping from a midpoint of $170,950 in July to $165,000 last month, according to a report released Monday by the Orlando Regional Realtor Association. Prices typically soften after the peak of the summer buying season, but association officials said the decline was also the result of a large number of distress properties selling last month and further depressing the region's median price. Comment?
Aug 21, 2014 | via Sacramento Bee Newspaper
The buyer who purchased Dwight Howard's estate in Seminole County, Fla., last month wasn't the Orlando market's only luxury seeker to come with cash in hand. Comment?
Aug 15, 2014 | via The Orlando Sentinel
Home prices in the core Orlando market continued a 37-month trend of increasing in July but sales dropped sharply from a year earlier and a month earlier, a new report shows. Comment?
2 hrs ago | via JD Supra
We are often asked when representing a client in defense of a claim whether the client could avoid the liability asserted by the claimant by potentially buying the cause of action out from under the claimant. The most common circumstance is when the plaintiff has an adverse uncollected judgment or, perhaps, owes money under a promissory note in default or construction lien. Comment?
2 hrs ago | via Business Journal
New data from CoreLogic shows the rate of Orlando-Kissimmee-Sanford area foreclosures among outstanding mortgage loans was 4.32 percent in August - the latest data available. That's a 3.59 percentage point decrease compared to the year-ago period when the rate was 7.90 percent. Comment?
2 hrs ago | via The Orlando Sentinel
Central Florida dominated a new list of U.S. metro areas with the greatest share of financially unstable houses worth less than the debt owed on them during the third quarter. Polk County tied with Las Vegas for having the greatest share of debt-laden homes among more than 50 of the top U.S. metropolitan areas, according to a third-quarter report released Thursday by real-estate-research company RealtyTrac. Comment?
4 hrs ago | via Palm Beach Post
The annual Canadian Snowbird Outlook report from the BMO Bank of Montreal is still hyping Florida purchases for weather-weary residents, but warns that home prices are on the rise in the Sunshine State as well as other popular spots such as Arizona. Canadians are the largest foreign buyers in Florida and more than 500,000 currently own real estate here, according to the snowbird report, which was released this month. Comment?
Yesterday | via BlockShopper
Joseph R. Colletti and Gennaro Giulio Romano sold a three-bedroom, two-bath home at 15581 Dover Court, in Davie, to Ih4 Property Florida L. P. for $280,000 on Oct. 15. The 2,088-square-foot, one-story home last sold for $150,000 in July 2000. It is located in the Hawke's Bluff subdivision. Comment?
6 min ago | via Black Enterprise
In a generation that's scrambling for employment opportunities, the thought of retirement and end-of-career financial goals is often met with pure silence. Today, millennials make up 40% of unemployed workers, while Generation X and baby boomers make up 37 percent and 22 percent, respectively. Comment?
6 min ago | via Connecticut Post
What esri says: "We've achieved our corporate career goals and can now either consult or operate our own businesses. We're married couples with older children or without children. Comment?
8 min ago | via Elburn Herald
On Tuesday, Nov. 4, some of the voters in the Elburn and Countryside Fire Protection District will have the option to choose whether to disconnect from the Elburn and Countryside Fire Protection District and join Fox Fiver Fire and Countryside Fire Protection District, or stay with Elburn and Countryside Fire Protection District as their fire and EMS provider. For the past 132-plus years, Elburn and Countryside Fire Protection District has been your fire and EMS provider. Comment?
2 hrs ago | via WYFF-TV Greenville
Homeowners seeking to save some money on mortgage payments can celebrate: The average rate for 15-year, fixed-rate mortgages, one of the most popular refinance products, has dipped to its lowest level since June 2013. The 15-year fixed rate hit 3.08 percent, according to Freddie Mac's weekly survey, a tenth of a percentage point lower than last week and down sharply from 3.36 percent early in the month. Comment?
17 min ago | via The New Zealand Herald
Average U.S. long-term mortgage rates continued to slide this week, raising prospects of a wave of consumers refinancing their loans. The 30-year mortgage fell further below 4 percent. Comment?
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