NEWS
Florida Realtors: Closed single-family sales fell 21.3% last month amid inflation and higher interest rates, but for-sale inventory rose 131.4% to a 2.7-months’ supply.
A rule changed in 2020 was reinstated. As a result, HUD still considers “disparate impact” and “perpetuation of segregation” illegal forms of discrimination.
In Feb., month-to-month home sales surged 14.5% as buyers locked in lower mortgage rates, but a 0.2% price drop is the first decline in almost 11 years.
Fla.’s State Broadband Officer will use $5M from HUD to connect some of the 11% who can’t access the internet, including the 3% who have no connection options.
Real estate is a time-tested, tried-and-true investment for people who can afford it, but it also involves work. Not everyone wants to be a landlord.
A senior-housing project aimed at middle-class adults gives them an option other than “dying in my house.” The Mass. prototype charges only $1,800 per month.
Last week some pundits thought the Fed might keep rates steady at its meeting this week, but most now say that would make the bank issue look like a big deal.
Current bank problems are largely driven by fear, and savers are moving money from regional banks to the big ones bailed out during the Great Recession.
NAR’s latest study focuses on curb appeal and ways to boost a home’s sales price: 74% suggest basic maintenance to seller, 53% lawn care and 44% tree trimming.
NAR announced the names of the 50 finalists vying for its 2023 30-Under-30 class, and five are from Fla. Voting for a “Web Choice Winner” opens March 31.
Habitat for Humanity may have to delay affordable-home builds as land costs rise – the one element of its program that needs money in addition to donations.
Is that buyer or seller a “person” or a “side in the transaction”? The former builds customer loyalty over the long term – the latter not so much.
An insurance watchdog group alleges insurers illegally reduced disaster estimates after Hurricane Ian and says it will submit the crime evidence to Fla. law enforcement.
A Newsday report on Long Island, N.Y., housing discrimination led the state’s attorney general to investigate. This week she announced a settlement with Coldwell Banker.