Florida Realtors News
News Archive
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.
Report: Surging rents once convinced investors to overpay for apartment buildings, but as rent increases eased and interest rates rose, values dropped 21% year-to-year.
Realtor income can fluctuate regardless of the market. Managing properties can offset that rich-poor cycle, and even net an agent valuable leads for future home sales.
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%.
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.
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.
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.