Lauderhill Real Estate News
Real Estate news for Lauderhill, FL continually updated from thousands of sources.
Tuesday Dec 16 | via The Miami Herald
After a whirlwind 36 hours, North Miami Mayor Lucie Tondreau flew back to Miami to turn herself in and face charges on mortgage fraud - then emerged from the federal courthouse late Tuesday to declare her innocence. Confronted by a throng of media, Tondreau pledged to her constituents that she would beat the charges - but ducked questions about Gov. Rick Scott's order suspending her from office. Comment?
Thursday Dec 11 | via Housing Wire
Home sales in Florida have been tracking not far off from home sales nationwide, but despite this and despite population growth, there are now 1 million fewer mortgages in the Sunshine state than there were seven years ago. Florida now has more than a million fewer mortgages than seven years ago, as foreclosures have forced property owners out of the market, according to a study released Wednesday. Comment?
Monday Dec 8 | via Palm Beach Post
The Federal Housing Finance Agency announced today new mortgage down payment guidelines that will allow first-time homebuyers to get a loan with as little as 3 percent down. The loans are aimed at increasing homeownership rates, which plummeted during the housing bust, and induce millennial buyers to consider owning over renting. Comment?
Friday Dec 5 | via Business Journal
Forest City Enterprises has sold the Forest Trace senior living community in Lauderhill for $59.5 million. Comment?
Tuesday Dec 2 | via Business Journal
The Miami-based company recently purchased a site for its SLS LUX Brickell and inked a construction loan for SLS Hotel & Residences Brickell, both in Miami. Its hotel condo building boom is spreading to Broward County now. Comment?
13 hrs ago | via Business Journal
A Miami attorney is at least the fourth person to plead guilty to charges stemming from a troubled real estate project in Carrollwood. Rashmi Airan-Pace pleaded guilty to conspiracy to commit wire, mail and bank fraud in connection with the purchase of The Arbors, according to a statement from the U.S. Attorney for the Middle District of Florida. Comment?
14 hrs ago | via Media Matters for America
A Tampa Tribune editorial supporting former Gov. Jeb Bush's decision to explore the possibility of running for president claimed that his past business dealings, which include questionable investments, taxpayer bailouts, and failed ventures, "add to his qualifications" to be president. The Tampa Tribune: Bush's Business Record "Only Adds To His Qualifications." Comment?
Wednesday | via Business Journal
For the past five years, Florida has lead the nation in mortgage fraud and this year is no different, according to a report from LexisNexis Risk Solutions. The data from the Alpharetta, Ga.-based firm says Florida's mortgage fraud rate "is more than five times the expected rate of fraud for the state," which is based on the volume of mortgages originated, according to the Miami Herald. Comment?
Tuesday Dec 16 | via The Miami Herald
Florida leads the nation in mortgage fraud - a dubious distinction the state has held for the past five years, according to a new report from LexisNexis Risk Solutions . The Alpharetta, Ga.-based data and analytics firm said Florida's mortgage fraud rate "is more than five times the expected rate of fraud for the state,'' based on the volume of mortgages originated. Comment?
Tuesday Dec 16 | via Daytona Beach News-Journal Online
Nearly a decade since problem loans and subsequent bank failures helped usher in the Great Recession, Florida's lending industry continues to be rife with fraud, a new study shows. Nationwide, mortgage application fraud also is on the rise, with nearly three-fourths of all loan activity marred by some type of misrepresentation, according to analysis released Monday by LexisNexis Risk Solutions. Comment?
18 min ago | via TheDenverChannel
Metro Denver homes gained $26 billion in total value this year, a 9.5 percent increase, according to Zillow's November real estate market report. That was the fifth highest increase among the top 35 metro areas in the United States, said Zillow, an online real estate database. Comment?
Tuesday Nov 25 | via Mississippi Business Journal
Foreclosure rates in Jackson decreased by a third of a percent for the month of September over the same period last year, new data from real estate survey firm CoreLogic shows. Comment?
8 min ago | via Fermanagh Today
Congratulations, you're now registered! Let us know what news and updates you want to hear about and we'll send them straight to your inbox. Mortgage availability and the supply of new homes remain critical to the health of the market in 2015 says theRICS Northern Ireland house prices are set to rise beyond the UK average and outperform most other UK regions, according to the latest forecast from the Royal Institute of Chartered Surveyors . Comment?
20 min ago | via Mashable
The falling value of the ruble has led to a lot of economic uncertainty in Russia. But in London, luxury real estate agents are enjoying more business as wealthy Russian oligarchs look for a safe haven to park their savings. Comment?
25 min ago | via The Washington Post
Corporate landlords are benefiting from the worst U.S. rental-housing shortage in more than a decade as construction trails demand and more Americans opt to lease rather than buy. There's an undersupply of single-family houses and apartments to rent for the first time since 2001, according to an analysis by Frank Nothaft, chief economist at mortgage buyer Freddie Mac, based on available inventory and historic vacancy rates. Comment?
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