– Congress might remove roadblocks to Everglades restoration A proposed law could cut regulatory delays and speed the flow of federal money to fix the fading River of Grass and boost S. Fla.’s drinking water supply. Homebuyers: How to win the downpayment challenge Saving for a downpayment is the...
– HOAs come in handy dealing with nuisance neighbors Real estate QandA: A neighbor routinely has a dozen cars in his front yard at all hours, but without a homeowners association, what can an owner do? Average 30-year mortgage rate slips to 3.94% The average 30-year FRM fell again...
– NAR: Pending home sales down 1.3% in April Pending sales slumped for the second consecutive month. NAR economist cites significantly weak supply levels, deteriorating affordability and too few new homes. Downpayment help with a catch: A claim on equity Trending: More startups, such as Unison and OWN Home...
– Single-family rents remain strong – for now ATTOM says mediocre wage growth and an increase in the number of rental units could slow rental cost growth. In Orlando right now, rents are “basically flat.” Fla.'s consumers lost some confidence in May Consumer sentiment dropped for the second month...
– Fla. firm hopes to be go-to site for commercial valuations Residential buyers can go online for quick home-worth valuations, and a Fla. company hopes its new algorithm can do the same thing for commercial properties. Fla. Supreme Court sides with county in property dispute After Hardee County allowed...
– 30-year mortgage rate falls below 4% Long-term U.S. mortgage rates fell this week to their lowest levels of the year this week: 3.95%. For all of 2016, FRMs averaged 3.65%. Antitrust issues can affect business decisions and free speech Two brokers causally discuss how they pay their agents...
– Trump administration proposes 2018 HUD budget The spending plan lowers HUD’s budget by 22.9%, preserves support for 4.5M HUD-assisted households, nixes community block grants and cuts rental assistance. NAR: Existing-home sales slip 2.3% in April Total existing-home sales dipped 2.3% month-to-month; up 1.6% year-to-year. Median number of days...
– Can condo board borrow money without membership OK? Condo QandA: Also, a board of directors is supposed to have five members, but it’s down to four and no one wants to serve. Must they fill that vacancy? County tax auctions legal but not fair to small investors Some...
– NAR: International sales to shape future real estate demand Changing demographics from immigration and a growing interest from foreigners will bolster home sales activity and prices, according to NAR convention speakers. Analysis: Rampant refis ignited housing crisis An Urban Institute report suggests that rising prices and easy mortgages...
– 1 in 5 top RPAC donors from Fla. – Bill Watson leads list NAR announced 2016 inductees into the RPAC Hall of Fame, and Fla. had the most honorees committing at least $25K. Watson, at $150K, set a new PAC record. Appraiser challenge: Regulations, retention, recruitment At least...
