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Tag Archives: Florida

Florida Home Sales, Prices Buck National Trend

Statewide, the median sales price for single-family existing homes in August was $181,000, Florida Realtors reported, up 3.4 percent year-over-year. The median price for townhouse-condo properties was $135,000, up 3.8 percent from a year ago.

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NTC Pushing Mortgage Industry Into Digital Age

Not only is eRecording faster, NTC says, but it also provides a safer, more reliable way to process documents, minimizing risk of losing documents in transit and cutting down on the time and effort it takes to find public records. Though eRecording is catching on in most states, a few have been more receptive than most—including Colorado and Nevada, where 90 percent or more of NTC documents have been recorded electronically.

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Mayor Indicted in Mortgage Fraud Scheme

A mayor in the Miami area has been suspended by Florida Gov. Rick Scott following a federal indictment alleging mortgage fraud. According to a report from the Miami Herald, North Miami Mayor Lucie Tondreau was suspended Tuesday after appearing in court to face charges related to her role in an $8 million fraud scheme.

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Consumer Confidence Slips in Florida

The Wells Fargo Economics Group released a recent report outlining consumer confidence in the Sunshine State. The data from April suggests consumer sentiment slipped in Florida one point to 79 for the month, largely due to increased concerns about current economic conditions.

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