Real Estate / South Florida Sun-Sentinel

Citizens removes insurance discounts on 100,000 homes

More than 100,000 Florida homes re-inspected by the state-run insurer of last resort have lost windstorm discounts, resulting in average premium increases of $600 a year, according to data released this week.

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Terrell Owens facing foreclosure on South Florida condo

Add a foreclosure lawsuit to former NFL star Terrell Owens’ list of recent troubles.

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Ask a real estate pro: Bank of Mom and Dad should set lending rules

Board-certified real estate attorney Gary M. Singer writes about the housing market in this space each Friday. To ask him a question about short sales, mortgages, refinancing, homeowner's associations or any other residential real estate topic, click here .

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State insurer Citizens to get input on plan for higher rates

A committee for the state-run insurer of last resort appeared hesitant Thursday to move forward with a proposal to uncap rates for new customers next year.

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New Citizens customers could face big rate increase

Broward County homeowners who sign up for windstorm insurance from Citizens Property Insurance Corp. next year could pay up to 56 percent more than a neighbor with an existing policy, if a cap is removed on rate increases for new customers.

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Broward County foreclosures fall in April

Foreclosures in Broward County unexpectedly dropped in April from a year ago, according to the RealtyTrac listing firm.

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Real estate agents set to rally in Washington

Some 10,000 real estate agents are expected to rally Thursday in Washington, D.C., against changes that they say could limit or discourage homeownership.

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Bank of America paying up to $30,000 for short sales

Bank of America said Tuesday it's launching a nationwide program that pays homeowners as much as $30,000 to complete short sales.

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More rentals planned for South Florida region

A Boca Raton-based developer has announced plans for three new apartment communities in Broward and Palm Beach counties.

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Builder planning 450 homes in Parkland development

The first development in the area referred to as the "Wedge" will break ground Tuesday.

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What's the White House worth in Miami?

The White House would sell for about $110 million, but move the presidential playpen to Miami and the value drops to a mere $39 million.

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Big banks to hold foreclosure prevention event in Deerfield

Three major lenders involved in the $25 billion mortgage foreclosure settlement will hold a free seminar for struggling homeowners next month in Deerfield Beach.

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Ask a real estate pro: Be leery of one-sided home sale contracts

Board-certified real estate attorney Gary M. Singer writes about the housing market in this space each Friday. To ask him a question about short sales, mortgages, refinancing, homeowner's associations or any other residential real estate topic, click here .

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Palm Beach County tax sales heading online

Tax deed sales in Palm Beach County will move to the Internet starting June 13.

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Soprema Inc. opening office at former Harley dealership

The company that bought Bruce Rossmeyer's Harley-Davidson building in Pompano Beach says it will open a regional office and expects to hire a handful of employees.

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South Florida tops nation in distressed mortgages

South Florida leads the nation in distressed home mortgages, signaling a lengthy recovery even if the housing market has hit bottom, as many experts say.

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Bank of America offers to cut mortgage balances

Bank of America is sending out letters to potentially thousands of struggling South Florida homeowners to let them know they may be eligible for a reduction in their loan balance that may save them up to 30 percent in monthly payments, the lender announced Tuesday.

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Investor: Housing has hit bottom, but credit an issue

Add prominent investor Lewis Ranieri to the list of housing watchers who say the market has hit bottom.

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Builder confidence: Housing starts up in S. Fla.

Home builders in South Florida started work on more single-family homes in the first quarter than they did a year ago, according to the Metrostudy research firm.

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South Florida housing market has hit bottom, Zillow says

After six years of historic price declines, South Florida's housing market has hit bottom.

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Can Realtors charge flat fee to sell home?

Board-certified real estate attorney Gary M. Singer writes about the housing market in this space each Friday. To ask him a question about short sales, mortgages, refinancing, homeowner's associations or any other residential real estate topic, click here.

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Robust sales lead to slight price increase at Heron Bay

WCI Communities has raised prices in its Somerset neighborhood at Heron Bay in Parkland.

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Luxury rentals coming to Coconut Creek in 2013

A Phoenix-based company is capitalizing on demand for rentals with plans to open a 396-unit luxury apartment community next year in Coconut Creek.

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Luxury apartments coming to Coconut Creek

A Phoenix-based developer has started work on a 396-unit luxury apartment complex in Coconut Creek.

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Pompano Citi Centre sold to Palm Beach-based firm

New owner plans to add medical offices, more retail shops to mall

The outdoor mall that once operated as Pompano Fashion Square has been sold to a Palm Beach-based real estate firm planning changes to attract more shops and customers.

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