– What does a condo’s ‘nuisance’ provision mean? Legal QandA: What does it take to turn a nuisance provision in condo docs into a “violation”? Is it a catch-all phrase that boards can use as they wish? And does my condo have to install a fire sprinkler system? Fannie...
– Baby boomers chart new direction in housing Americans age 55-plus will play a big role in the housing market, but no one is quite sure what that role will be as they redefine the meaning of retirement. Virtual reality is reimagining real estate sales What does a virtual...
– Homes in gentrifying neighborhoods a good investment How do investors and buyers identify these up-and-coming areas? A RealtyTrac study identifies the top 35 turn-around zip codes in the U.S. – and four are in Fla. Want a quick sale? Try these words in your listing CoreLogic study: “Fenced...
– Fed interest rate hike may come ‘soon’ Investors locked on one word from the Federal Reserve’s minutes released Wednesday: “soon.” The subtle shift makes an interest rate increase more likely. Areas hit hard by downturn now see highest gains Miami is seeing the highest property price jumps since...
– What do you do if floodwater rises unexpectedly? The floods in Louisiana came without warning, spurring FEMA to issue homeowner guidelines on steps to take before and after floodwaters enter your home. Appraisers, 10 associations oppose PACE loan changes Along with NAR, the Appraisal Institute objects to the...
– Tight inventory could extend spring selling season Parents like to home shop in the spring and close in summer to maintain school stability – but with fewer houses on the market, some may still be looking. Commercial outlook: Solid but unspectacular While some commercial brokers fear another recession...
– Which listing price is better – $200K or $199K? FAU: In a study of actual sales, the $199K prices nets sellers more money overall, even though $200K sellers tend to get an offer that’s closer to asking price. NAR: Home-price gains unfettered in most metros during 2Q Fla....
– July marked a big month for housing It’s too soon to definitively say the market is back and real estate is great again, but several summer indicators suggest it might be true. Fannie, Freddie: The RE issue most people ignore It could be harder to get a mortgage...
– CFPB issues foreclosure-prevention guidelines The principles aren’t legally binding; instead, they create guidelines for the industry and lawmakers to follow after the federal foreclosure program (HAMP) ends. Student debt a bit more problematic in Florida How much of a burden is student loan debt to Fla. buyers? The...
– S. Fla. homebuyers frustrated by shortage of listings A lack of for-sale homes is rattling buyers, emboldening sellers and pushing prices higher. A normal supply is 6 months; on July 1, Broward had only 3.8 months. Floridians work 59 hours per month for a mortgage A state-by-state study...
