Spring Hill Real Estate News
Wednesday Apr 22 | via St. Petersburg Times
Tampa Bay home sales hit a torrid pace in March, rocketing in some areas to the highest levels in years. In Pinellas, March was the second busiest month in 10 years, exceeded only by sales during March 2005, right before the housing boom hit its peak. Comment?
Wednesday Apr 22 | via JD Supra
A recent decision from Pasco County, Florida clarifies for lenders and servicers what constitutes an attempt to collect a debt when they are communicating with a debtor about loss mitigation. In Hurtubise v. Comment?
Wednesday Apr 15 | via JD Supra
A recent opinion issued by the Sixth Judicial Circuit in and for Pasco County, Florida, sitting in its appellate capacity, provides further insight regarding what constitutes a violation of section 559.72 of the Florida Consumer Collection Practices Act . There, appellant James A. Hurtubise sought review of a summary judgment entered against him and in favor of PNC Bank, N.A. on his claim that PNC had violated the FCCPA by communicating with him in an attempt to collect a debt despite knowing that he was represented by counsel. Comment?
Feb 19, 2015 | via Information Technology
Fitch Ratings assigns an 'A+' rating to the following certificates of participation issued on behalf of the Pasco County School Board, Florida : The COPs are scheduled to sell via negotiation the week of Feb. 23. The COPs will be used to refund the district's callable series 2007A COPs for savings and no extension of maturity. The COPs are payable from lease rental payments made by the district, subject to annual appropriation, pursuant to a master lease purchase agreement. Comment?
Jan 8, 2015 | via St. Petersburg Times
In Pasco County, on the other hand, houses are selling fast enough that some people have dared to call it a boom. Location, not job creation, is still Pasco's big advantage over Hernando. Comment?
5 hrs ago | via Palm Beach Post
The Standard & Poor's/Case-Shiller Index was released this morning showing continued gains in home prices that on a nationwide scale are nearing the 2006 peak. The index, which looked at February single-family home prices, found two cities _ Denver and Dallas _ have surpassed their housing boom peaks. Comment?
Yesterday | via Business Journal
Matching bills in the Florida Legislature would make it more difficult for developers to terminate condominium associations, a practice that can force some residents to lose title to their units against their will. A condo termination often occurs when a developer that owns the majority of the units wants to sell the property for convergence to rentals. Comment?
Tuesday Apr 21 | via WZVN-TV Fort Myers
Some people in Florida may have had their credit card information stolen at the pump - since the state identified 81 skimmers including three in Southwest Florida - during a statewide sweep. Some people in Florida may have had their credit card information stolen at the pump - since the state identified 81 skimmers including three in Southwest Florida - during a statewide sweep. Comment?
Thursday Apr 23 | via News 4 Jax
Homeowners now required to have flood insurance could save hundreds, if not thousands on their flood policies under legislation already approved by the state Senate and given tentative approval Thursday afternoon by the House. Imagine the initial mortgage on a coastal property was $350,000, but its owners owe less than half that. Comment?
Wednesday Apr 22 | via Business Journal
The South Florida residential real estate market posted gains on all fronts in March, especially for single-family homes sales, according to the latest Florida Realtors report. There were 4,328 sales of existing single-family homes in the tri-county area in March, up 21.5 percent from a year ago. Comment?
7 min ago | via South China Morning Post
Homebuyers in nation's capital remain cautious despite two major policy moves within past month, leaving second half market outlook uncertain Beijing is expected to lead the recovery as the supply glut there is less severe and demand is stronger, but buyers are still cautious. Photo: AFP In Beijing, worries about the sustainability of a nascent housing recovery linger despite two strong doses of supportive policy in less than a month. Comment?
11 min ago | via Wall Street Journal
Last Thursday, the Department of Justice brought its latest high-profile mortgage-related lawsuit-this time against Quicken Loans Inc., a Detroit-based nonbank that's risen to become one of the largest mortgage originators in the country. Quicken Loans had brought its own lawsuit against the government the week before, alleging that the government had tried to get it to settle and admit to fraud charges it didn't commit. Comment?
12 min ago | via Finance and Commerce
U.S. home prices climbed at a faster pace in February than the previous month, driven by higher sales and a limited supply of available houses. The Standard & Poor's/Case-Shiller 20-city home price index rose 5 percent in February from 12 months earlier, S&P said Tuesday. Comment?
16 min ago | via Sinn Fein Newsroom
Speaking in the DA il tonight, Sinn FA in Junior Finance Spokesperson Peadar TA3ibA n TD accused the government of leaving vulnerable families high and dry by failing to tackle the increasing numbers of repossession orders being pursued by the banks. "It astonishes me that after so many years dealing with the fall out of the banking and fiscal crisis the banks still hold the balance of power on mortgage distress. Comment?
17 min ago | via Sinn Fein Newsroom
Sinn FA in Housing Spokesperson Dessie Ellis TD has called on the government to take action to tackle distressed shared ownership mortgages. He said that previous government measures had not had a strong enough effect and had been too inaccessible. Comment?
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