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05/09//2013 Florida Realtors News




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Daily Briefing: Thursday, May 9, 2013


TODAY'S TOP STORIES


Fla. foreclosures rise as lenders speed up process

RealtyTrac: Fla. foreclosure auctions up 55% year-to-year in April as homes work through the court system - a step forward in the real estate recovery. Read more.


Fla.'s housing market shows momentum in 1Q 2013

Existing home sales up 10.2% year-to-year, price up 13.4%; condo sales up 3.2%, price up 18.4%. NAR: Sales up 9.8% year-to-year, single-family price up 11.3%. Read more.


Bubble or no bubble? Fed policy may be key

Pulsenomics survey: Economists are a bit more worried that a home price bubble could form, but it depends on how and when Fed eases keep-rates-low policies. Read more.





HUD settles Fla. maternity discrimination claim

SunTrust Mortgage and HUD settled a complaint that the lender allegedly denied a mortgage to a Port St. Lucie couple due to maternity leave. Read more.


Fed says mistakes made in mortgage settlement

The check is in the mail - again. About 96,000 ex-homeowners included in the massive court mortgage settlement were underpaid and deserve more money. Read more.


AROUND FLORIDA

Palm Beach County: Via Los Incas house fetches $5.8M
Temple Terrace: Moving forward with redevelopment
Parrish: Neal has 800 more acres
Pinellas County: Brownfield designation set for development


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