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Realtor community comes together to help Hurricane Ian victims

Real Trends

Budge Huskey, CEO of Premier Sotheby’s International Realty , in Naples, was traveling out of state when Hurricane Ian hit his home base of Naples, Florida. Days after Hurricane Ian blasted through Florida, Marc King, president of Keller Williams was on a plane visiting their agents in the impacted areas.

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Coldwell Banker Aids Colleagues in the Aftermath of Hurricane Ian

Coldwell Banker

The post Coldwell Banker Aids Colleagues in the Aftermath of Hurricane Ian appeared first on Coldwell Banker Blue Matter.

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Important News About Tax Relief In Hurricane Ian Disaster Areas

Bigger Pockets

The IRS has authorized deadline extensions for taxpayers with 1031 exchanges that have been or may be impacted by Hurricane Ian. This affects taxpayers doing 1031 exchanges anywhere in the […].

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FEMA, Floods, and Florida Real Estate After Hurricane Ian

Bigger Pockets

After Hurricane Ian, Florida real estate took a huge hit. With multiple communities literally underwater and the entirety of Southwest Florida facing pricey home repairs, Florida went from being the […].

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Forbearance rate declines again, but the pressure’s coming

Housing Wire

But the trade group expects pressure in the coming months due to the worsening economic conditions and the destruction caused by Hurricane Ian. . Servicers’ forbearance rate declined marginally again in September, the Mortgage Bankers Association (MBA) reported Monday. They can also get a forbearance plan due to natural disasters. “In

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Forbearance rate increased in October for the first time in 29 months

Housing Wire

“Florida, which was hit the hardest by Hurricane Ian, experienced a 49-basis-point drop in the share of current loans – the biggest decline of all states,” Walsh said. . According to the data, the total for loans serviced that were current last month – which means not delinquent or in foreclosure – reached 95.7%

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DataDigest: Mortgage rates aren’t causing delinquencies. Disasters are

Housing Wire

The report also notes that delinquency rates remain higher in Punta Gorda and Cape Coral-Fort Myers, metros in Florida that were hit by Hurricane Ian in September 2022. The metro’s delinquency rate rose 3.5 percentage points to 5.7%.

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