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Thursday, August 10, 2006
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DO-NOT-CALL
The FTC will increase fees for access to the federal Do-Not-Call
Registry on Sept. 1, 2006. For each area code in excess of the
five free codes, the fee will rise from $56 to $62; the fee for
access to the entire registry will increase from $15,400 to $17,050.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n1-08102006
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FORECLOSURES
The second quarter of 2006 actually saw fewer foreclosures than in the
first quarter, according to RealtyTrac, which surveys foreclosure rates
in the 100 largest metropolitan statistical areas in the U.S.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n2-08102006
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HOUSING MARKET
Earlier this week, the Federal Reserve decided against raising interest
rates for an 18th time. Instead, policymakers said they believed the
"gradual cooling of the housing market" would help slow the economy
and allow inflation pressures to moderate.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n3-08102006
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CLOSING COSTS
Closing costs -- the money consumers pay to cover title searches,
application fees and other expenses when buying a home -- average
more than $3,000 nationwide, according to a new survey. Miami
ranked as the city with the fifth-highest closing costs at $3,349.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n4-08102006
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PROPERTY TAX PORTABILITY
It's a question with a predictable answer for homeowners eager to move:
Are you afraid that buying a new home would boost your property tax
bill? Broward voters may be able to weigh in with their responses this
fall -- but their vote would only be a straw poll of their opinions, not a
binding referendum.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n5-08102006
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FAR: A GOOD IDEA
A group of Florida lawmakers wants to discuss the top issues facing
Floridians, and an elite group of citizens meets with them today in
Orlando for the 100 Ideas Policy Summit. FAR President Mike Dooley,
Public Policy Chair Patty Fitzgerald, Public Policy Vice-Chair Frank
Gregiore and other FAR members will speak for Realtors who must
help citizens struggling to find affordable property insurance and pay
rising property taxes. Other topics to be discussed include the
environment, business regulation, health care, economic development
and transportation. Confirmed keynote speakers include Gov. Jeb Bush,
former U.S. House Speaker Newt Gingrich, former Vice-Presidential
Candidate Jack Kemp and Florida House Speaker Allan Bense, along
with about 30 experts. To date, more than 150 meetings -- called
Idearaisers -- have been held throughout the state and almost 1,300
ideas have been gathered through local events and the group's Web site.
To find out more, go to: http://www.100ideas.org
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SEEKING ELUSIVE PROPERTY INSURANCE
Do you use creative ways to help buyers find property insurance in
order to preserve the closing? If so, Florida Realtor magazine wants
to talk to you! To be featured in a future issue, send your story to
Contributing Editor Tracey Velt at tracey@traceyvelt.com.
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