When the pandemic hit, vacation sales soared until mortgage rates rose and fewer owners listed their homes. The result: Second-home mortgage-rate locks are down 52%.
Citizens – the Fla.-owned insurer of last resort – says policyholders don’t need to worry about passing deadlines if the vendor overseeing claims causes communication delays.
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.
RE usually sees cycles between buyer’s and seller’s markets, but this time it’s a bit different. Supply vs. demand hasn’t changed because both sides pulled back.
A COVID-pushed trend, “functional décor,” has driven many people to put a sofa bed in their living room and convert little-used guest rooms for other functions.
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.
With only one metro exception, the 12 major housing markets west of Texas saw price drops in Jan., while the 37 biggest metros east of Texas saw price increases.
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.
Strangers usually find websites by Googling questions. If they find the answer quickly on an agent’s website, they likely stick around. If not, they move on quickly.
The Realtors Relief Foundation (RRF) is sending relief aid to Realtor groups in Arkansas, Mississippi, Kansas and Oklahoma that saw some massive devastation.
