Regulation: 24.3 Percent of the Average New Home Price
New NAHB estimates based on the latest data show that, on average, regulations imposed by government at all levels account for 24.3 percent of the final price of a new single-family home.
May 25, 2016 | read full story
Flagler Co. Home Sales Down in March, Prices Up
March 5, 2016 – Although some March home sales are yet to be reported to Flagler MLS, the picture is already quite clear. The market is heating up. read full story
November Flagler Home Sales Down 27 Percent Year-Over-Year
December 14, 2015 – Year end housing market statistics will be warped this year. The Consumer Financial Protection Bureau’s new “Know Before You Owe” TILA-RESPA Integrated Disclosures Rule (TRID), mandated by the Dodd-Frank Bill, has increased the time for loan initiations and closings by an estimated 15 days. Delayed closings involving mortgages during the final months of the year will artificially lower reported housing sales.
Aside from the TILA-RESPA induced slowdown in closings, the Palm read full story