April 2016

Vacation Home Sales: Sales Down, Prices Up

The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Today, we want to concentrate on the vacation real estate market. The survey…

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Scammers phish for mortgage closing costs

Source: Colleen Tressler Consumer Education Specialist, FTC Buying a home is exciting. You saved for the down payment, scheduled the move, and are dreaming of planting new roots. Closing is right around the corner… unless a scammer gets your settlement…

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How scammers hack into your transactions

WASHINGTON – April 8, 2016 – Scammers hacking into the email of a real estate agent or lender to pilfer closing funds has become such a big concern that the Federal Trade Commission worked with NAR to post an alert…

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Mansion Trump sold for $95M will be razed

Source: 515 North County Road in Palm Beach (photo Credit: The owner of a Palm Beach mansion that Donald Trump sold in 2008 for $95 million will demolish the property. The town’s Architectural Commission approved the demolition in 4-3 vote.…

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Why Money Is Getting Tighter For MIA Multifamily

Source: For one towering multifamily project to get the money to break ground, it took friends in high places. And for many developers in 2016, that’s what it’s going to take.   Houston-based Morgan recently received a construction loan…

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