Hurricanes, Transactions and Contract Clauses
The Florida Realtors/Florida Bar contract has clauses that deal with casualty and bad-weather events. Here are the top four in the AS IS contract.
Consumer Confidence Up, Second Month in a Row
The Conference Board credits “jobs, wages and declining gas prices” for the 4.4-point Sept. rise. Both current outlooks and future expectations increased.
New-Home Sales Surged 28.8% Higher in Aug.
NAHB credits a short-term decline in mortgage rates (to 5.3%) as a reason for the uptick, with new-home inventory remaining at an elevated 8.1-months’ supply.
Case-Shiller Home Prices: ‘Forceful Deceleration’
The national Home Price index reported a 15.8% annual gain in July, down from 18.1% in June – the largest price deceleration in the history of the index.