Fannie Mae and Freddie Mac have a growing list of “do not lend to” U.S. condo complexes that buyers don’t discover until they apply for a loan and get rejected.
NAR report cites Port St. Lucie for its homeownership rate of 83% for mid-income residents, and Ocala and Palm Bay for a Black ownership rate higher than 60%.
The Senate unanimously passed a bill that eases the timeline for condo inspections. It now goes to the House and, if passed there, to Gov. DeSantis for his signature.
Local zoning generally cedes more space to single-family homes than multifamily, HUD says, and it’s releasing new data that backs up recommendations for change.
Rejecting lower-court decisions, the Fla. Supreme Court ruled that homeowners who rent out rooms within their property may lose part of their homestead exemption.
Rather than just react to fair housing complaints, HUD plans to be more assertive via a program announced in Jan. This week, it extended the comment period to April 24.
During a final walk-through, the buyer realized the seller had replaced expensive chandeliers and appliances with cheaper versions. What do they do next?
