Items Tagged with 'Florida'


  • About $1.7 trillion of U.S. homes are in Dorian’s new path

    The hurricane’s northward shift has put an additional $220 billion of residential real estate in danger
    Hurricane Dorian seems determined to set its own path. The storm stalled over the Bahamas as a Category 5, devastating the island chain, and has now shifted north. Instead of making landfall in Florida, the National Hurricane Center now expects Dorian, downgraded to a Category 2 storm, to scrape the U.S. southeast coast. That change has put an additional $220 billion of residential real estate in danger.
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  • Zillow begins buying and selling houses in South Florida

    Zillow Offers now available in Miami and Ft. Lauderdale
    Zillow is expanding its direct buying program again, announcing Monday that it is now buying and selling houses in the South Florida area. Starting Monday, Zillow Offers is going to be live in Miami, Ft. Lauderdale, and the surrounding area, the company announced. 
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  • Appeals court revives class-action suit against Nationstar for redundant flood insurance

    Reverse mortgage borrower alleges "improper" insurance cost her thousands
    A federal appeals court in Florida overturned a previous ruling last week that will mean Nationstar will now have to face allegations from a reverse mortgage borrower that it violated Florida law by charging homeowners for unnecessary flood insurance. The ruling could unleash a wave of trouble for the servicer, who now must face the possibility that the class-action suit will bring other such stories to light.
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  • PulteGroup accused of hiding shoddy homebuilding from buyers

    Settles with Florida for allegedly building homes that were not to code
    PulteGroup and its subsidiary, Pulte Home Company, allegedly built homes in the state of Florida that were not to code and hid that information from homebuyers, according to the office of Florida Attorney General Pam Bondi. Bondi’s office said that it reached a settlement with the Pulte companies after a two-year investigation found that Pulte allegedly failed to disclose to certain Florida buyers that some of its homes were being built in violation of applicable building codes.
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  • Florida goes after 14 moving companies for allegedly holding people’s furniture hostage

    Movers allegedly promised low prices, then demanded more money once move began
    Florida Attorney General Pam Bondi announced last week that her office is taking legal action against more than a dozen moving companies for allegedly using deceptive marketing and sales of household moving services, while also holding people’s belongings “hostage for ransom.”
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  • HousingJobs: Why the job market for loan officers is promising

    The numbers show a rewarding career as a LO
    Job hunting can be frustrating. At HousingWire, we want to make the process easier for job seekers in the industry. Our new service, HousingJobs, lists the latest gigs in the housing industry for loan officers, underwriters, processors, loan servicers, and tech and marketing pros. Check out this monthly blog for the latest job postings along with some industry insight.
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  • Trammell Crow Residential returning to South Florida after years away

    First new multifamily development since last real estate cycle
    Trammell Crow Residential, a national multifamily real estate developer, is returning to the South Florida market with a new development after shying away from the market for many years. According to the company, the new development is the company’s first in the area since the housing crisis.
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  • HUD approves Florida's $616M hurricane recovery action plan

    Plan targets housing, infrastructure and economic development recovery
    The U.S. Department of Housing and Urban Development announced Thursday that Secretary Ben Carson approved a disaster recovery plan to help Floridians recover from Hurricane Irma. The $616 million will help communities build new affordable housing and replace homes lost to the storm, according to Governor Rick Scott.
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