Senator Marco Rubio, R-Florida, calls in from his home in Miami to give an update on Hurricane Irma’s impact on the city and the potential devastation for the rest of Florida. Subscribe to the.
· The Florida market has shown itself to be resilient; able to bounce back from the Great Recession and more recently, the Zika outbreak. The consensus is that Florida’s attractiveness as a meetings and vacation destination will not be diminished by recent storms, and any impact to a flattening of seasonality is expected to be limited.
With Hurricane Irma roaring in as one of the most powerful storms on record, many are wondering what effect it will have on real estate. Even more so given it comes right on the heels of record setting Hurricane Harvey. So, what is the immediate impact of this storm on real estate?
South Florida Skyline (Credit: Pixabay) Residential sales may be on the rebound in South Florida following a dismal third quarter, thanks in part to pent-up demand from Hurricane Irma, according to the Q4 Elliman Reports. In Miami Beach and the barrier islands, closed sales jumped 14.2 percent year-over-year to 757.
In the Florida Keys, the small population of threatened Key Deer – a diminutive subspecies of the white-tailed deer, standing just 32 inches tall, and found nowhere else – also endured Irma’s impact.
What You Need To Know About Cash Out Mortgage Refinancing – New Florida Mortgage The benefits of refinancing include lower monthly payments, locked-in low rates and extra cash available. to watch out for is excessive closing costs, which are a risk every time you look to.Ditech, Fannie Mae sued over mortgage default inspection fees Ditech Holding Corp. is proposing to pay $257,000 and improve governance to settle a stockholder lawsuit alleging that a lack of oversight allowed improprieties to occur in several mortgage-related business lines. A hearing on the proposed settlement of the case, which was filed by stockholder Michael Vacek Jr., is set for Jan. 31, 2018 in [.]
Home Sales Start to Bounce Back After Irma FOR IMMEDIATE release (fort myers, FL – November 21, 2017) – After a very dramatic shift in housing statistics in the month immediately following Hurricane Irma, the Lee County market had a much better month in October. Closed Sales were still down for Single Family Homes in October, but not as
How Puerto Rico’s Real Estate Can Bounce Back After Hurricane Maria. Those factors could help the island bounce back.. and passed a sales tax on real estate services such as closing fees.
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Orlando home sales bounce back one month after Hurricane Irma Posted on November 25, 2017 – 10:51 AM by Diane Sterling Sales of Orlando homes posted positive increases in October, just one month after Hurricane Irma hit the pause button on housing transactions, reports the Orlando Regional REALTOR Association.
Sales companies and exporters can’t meet their numbers, which then impacts the truckers, packers, pickers and juice plants. For the farmers who weren’t vertically integrated prior to Hurricane Irma, there is a great fear that their farms won’t be able to bounce back.