– Modest economic growth expected Despite legislative and regulatory uncertainty over the upcoming change in the U.S. administration, Fannie Mae’s latest Economic and Housing Outlook predicts modest growth for 2016 and 2016 at a pace of about 1.8%. What’s the luckiest list price? Maybe one with the No. 8...
– Don’t believe myths about reverse mortgages A reverse mortgage might be a wise financial option for older adults – or not. However, a lot of misinformation can be ignored. FHA found financial footing – ready for more buyers New 2016 report finds that FHA lending is good to...
– Feds update their guidance on ‘sober homes’ Sober homes – group homes that serve recovering addicts – are protected under fair housing laws, but new guidance could give cities a bit more oversight. Study: Homeownership key in retirement Americans who buy a home rather than rent tend to...
– Fla. has new rules for reporting pollution Under emergency rules, the owner of a Fla. business must report pollution “contamination” within 24 hours – but specific regulations could change Dec. 25 and again after the 2017 Florida Legislature considers the issue. Fla. has 238 downpayment assistance programs Only...
– Realtor.com: Expect busier months ahead Low inventory will create problems, but the housing market outperformed the economy in the first half of the year, and it will probably continue to do the same. Affordability has become an issue in rural areas The National Rural Housing Coalition says that...
– Short-term rentals come with risks and rewards First thing: It’s critical to understand the legal, zoning and tax rules about owning a short-term rental, considered any property rented for less than 30 days. What if a possible listing has a reverse mortgage? A reverse mortgage, part of HUD’s...
– The top 10 things you should know about 2017 Issues to expect, according to experts at NAR’s trends forum: Housing affordability, population changes and online retailers’ impact on brick-and-mortar stores. 9 global trends that may impact your market Big global shifts, such as U.K.’s Brexit vote, can change...
– NAR’s 2017 residential real estate forecast More millennials in their prime home buying years, rising household formation and continued job gains are expected to boost housing next year. NAR’s 2017 commercial real estate forecast Look for growth to flow into smaller markets and overall commercial expansion to continue...
– Distressed home sales hit nine-year low in 3Q ATTOM: Cash sales also logged a nine-year low. But Fla. ranks high in year-over-year median sale price increases, distressed sales and the number of cash buyers. Fla.’s housing market: Median prices higher in 3Q Median Fla. sales prices up 12.5%...
– Survey: Rising prices entice likely sellers to wait Home seller conundrum: Move-up buyers want to jump into the market now before prices go up, but they also want to wait and get top dollar for their current home. Tech drives design in today’s modern living room The formal...
