Florida Realtors® News

Daily Briefing: Monday, October 31, 2011
A service for members of Florida Realtors

TODAY'S TOP STORIES

Some condo owners can be forced to sell

A few apartment-to-condo conversions want to revert back, but that costs underwater owners money and their homes. Read more.

What clients can do if rejected for a loan

Buyers face challenges qualifying for a mortgage, but the old rule remains true: If you don't succeed at first, try again. Read more.

Survey: 5 homebuying myths

Thanks to the Internet, today's buyers are smarter, but a high number enter the process with misperceptions. Read more.

Is the new-home market finally leveling off?

The nation's largest homebuilders say that buyer traffic has picked up, sales are rising and prices are stabilizing. Read more.

Negotiating deals in a shifting market

Many deals now require two negotiations: One with the purchase agreement and one after the inspection is completed. Read more.


Today's Rates:

Mtg Loan    Rate  APR
30-yr Fixed3.87%4%
15-yr Fixed3.14%3.31%
1-yr Adj2.76%3.42%
* national averages





Forbes Life News:
 
The Tortuous Conservative History of the Individual Mandate
2/7/2012 2:32 PM
Mitt Romney, as we know, has been catching a lot of flak from conservatives for Romneycare, because Romney's signature legislative achievement served as the model for Obamacare. But as Romney said in a debate in Las Vegas last October, "we got the idea of an individual mandate...from [Newt Gingrich], and [Newt] got it from the Heritage Foundation."...Read More
 
Clint Eastwood and Chrysler: The Politics of a Car Commercial
2/6/2012 12:02 PM
Let me introduce myself. I grew up in a ?? suburb, spent about a decade living in the inner city, and my father's job at Chrysler funded my college education and kept food on the table. I remember my dad also watched "Dirty Harry" movie re-runs, and has always had a man's man aesthetic. I .....Read More
 
Ford Didn't Appreciate Chevy's Humor
2/6/2012 11:52 AM
GM, in response, tells Ford to pound san...Read More
 
Chrysler's Super Bowl Ad: Was There A Flag on the Play?
2/6/2012 10:51 AM
Instead of whoops and high-fives this morning at Chrysler Group headquarters, there?s a bit of a mad scramble going on to figure out why the carmaker?s two-minute Super Bowl ad starring Clint Eastwood was removed from YouTube last night. Viewers who wanted to watch a video replay of the ?Halftime in America? ad were instead .....Read More
 
Car of the Week: 2012 Mercedes-Benz C250
2/4/2012 12:16 PM
Editor's note: I'm kicking off a new feature on my Forbes blog. I test drive a new car on most weeks of the year. Here's the lowdown on what's in my driveway. The Car: 2012 Mercedes-Benz C250 Where I drove it: City. First Impressions: A sleeper. At first glance it's a modest sedan that looks .....Read More
 
New Book: Design Voices
2/3/2012 11:38 PM
? ?Everything that is man-made in this world has been designed," writes my colleague and arts editor Anna Carnick. ?And good design??can enrich and even improve our lives. Be it an innovative, multi-functional joint??system that provides an infrastructure for relief housing and high-end tables, or a??collection of charred furniture, or even an arti...Read More
 
Can Greenway Medical Keep Up The Momentum After Its IPO?
2/2/2012 6:54 PM
Greenway Medical Technologies, a seller of electronic health records, got off to a bumpy start when its bankers re-priced last minute its IPO price downward to $10 from an original range of $11 to $13 a share. It closed today at $13, up 30%?valuing it at three times revenue, in line with competitors such as .....Read More
 
Repealing the CLASS Act
2/1/2012 6:14 PM
The first part of the health reform law to fall was not struck down by the Supreme Court, blocked by state governments, or defunded by Congress ? it was struck down by the Obama Administration itself, which stated that the program could not be implemented as passed, and therefore would simply be ignored. The Community .....Read More
 
Congressional Research Service: Courts Could Force HHS to Implement CLASS Act, Despite Its Insolvency
2/1/2012 8:00 AM
Today, the U.S. House of Representatives will vote on H.R. 1173, the Fiscal Responsibility and Retirement Security Act of 2011, sponsored by Rep. Charles Boustany (R., La.). This two-page bill would repeal the fiscal disaster known as the CLASS Act, Obamacare's new long-term care entitlement, which was "suspended" by the Obama Administration becaus...Read More
 
A Look Back at Year One of The Apothecary at Forbes
1/31/2012 11:22 AM
One year ago, I moved my little health-care blog from avikroy.org over to Forbes.com. And what a year it's been. There has been no shortage of things to write about???and thanks to the paramount importance of entitlement reform and health policy, that will continue to be true for the foreseeable future. So I wanted to take the chance to reflect on ...Read More



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