05/21/13 Florida Realtors News

Daily Briefing: Tuesday, May 21, 2013 TODAY'S TOP STORIES FHA policy shift nixes some condo financing Some condo complexes could lose access to FHA services thanks to a minor covenant clause that allows rentals for less than 30 days in foreclosure units. Read more. Distressed homes lure cash investors House hunters looking to buy a foreclosure in South Fla. often lose out to cash investors, leaving many to wish banks would release more distressed properties. Read more. Fannie Mae: Recent slowdown nothing to fear Federal budget cuts and other fiscal pitfalls slowed growth in recent months, but Fannie Mae economists expect little damage in the long run. Read more. Realtors: Leverage technology to increase your value While real estate sales now demand the use of technology, Realtors must use it effectively to gain an edge over the business competition. Read more. NOW YOU KNOW Realtors help Oklahoma tornado victims Okla. Realtors oversee the Oklahoma Housing Foundation, a 501(c)3 charity that is now accepting donations to help Realtors and others hurt by recent storms. Read more. Make a note of it AROUND FLORIDA Panama City: Progress coming on old airport property? Sarasota: Factions fight in court over Quay land Tampa: Changes coming to the skyline Holmes Beach: Code hearing for alleged treehouse violations