Expiring Home Owner Tax Credits

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From Sam Marchal, important facts-Stefan   YEAR END TAX SERIES: CREDITS AND DEDUCTIONS FOR HOMEOWNERS SET TO EXPIRE First in a series of special year-end tax tips for homeowners.The end of the year will put an end to some great tax benefits for homeowners, including: A tax credit for installing energy efficiency upgrades. The deduction for mortgage insurance (MI) payments. A Read More

Higher Mortgage Rates Lead to Fewer Contracts

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The cost of money is a big factor in the marketplace-Stefan   Signed Contracts to buy US Homes Plunge in Sept. By CHRISTOPHER S. RUGABER The Associated Press WASHINGTON — The number of Americans who signed contracts to buy existing homes fell in September to the lowest level in nine months, reflecting higher mortgage rates and home prices that have Read More

Tony Luke’s comes to Gardens!

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Chicken cutlet Italiano is a must!!- Stefan   Tony Luke’s cuts the cheesesteak at Gardens mall by Emily Roach If you make it to the grand opening of Tony Luke’s Friday, you could nosh on the 6-foot cheesesteak “ribbon.” The sandwich shop is opening it’s first Florida location at The Gardens Mall, 3101 PGA Blvd., Palm Beach Gardens. Cheesesteak cutting will be between Read More

New Project Tagets Paddle Boards and Kayaks

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Moving sand and earth can have unintended concequenses-Stefan   Moving an Island: Major Project Under Way in Jupiter Fullerton Island restoration to wrap up in 2014  Posted: 10/18/2013 By: Dan Corcoran By: Johann Hoffend JUPITER, Fla. – A mega-move is under way along the Intracoastal waterway in Palm Beach County. Crews have been working for weeks to relocate part of Read More

Home Price Jump Doesn’t Solve All Issues

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Sales are increasing but hurdles still exist-Stefan   South Florida Home Prices Jump 13.7 in July By Paul Owers, Sun Sentinel5:00 p.m. EDT, September 24, 2013 South Florida home prices rose 13.7 percent in July compared with a year earlier, although the pace slowed from the previous month, according to a national housing report released Tuesday. Prices for single-family homes in Palm Beach, Read More

Ups and Downs in Boom and Bust Markets

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    Not a Florida article but germane to this market- Stefan Home Sales, Prices Slowing in Bust-and-Boom Markets NICK TIMIRAOS The sharp home-price rally in some of the hardest-hit housing markets is likely to fade in the coming months amid a pullback in investor purchases and steady increases in the number of homes listed for sale. Three markets in Read More

Foreclosures Down Nationally

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-Still Issues in Florida but reductions in foreclosures is a great indicator for our market-Stefan   Fewer US homes entered foreclosure track in third quarter Published: Thursday, 10 Oct 2013 | 6:57 AM ET Kirby Hamilton | E+ | Getty Images The number of U.S. homes set on the path to foreclosure slid to a seven-year low in the third Read More