News Archive

Under Risk Rating 2.0, how does FEMA determine an individual property’s insurance cost? FEMA says it can’t share data, so a Louisiana parish sued to find out.

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Dear Shannon: NAR amended Standard of Practice 3-9, and I’m sure it was important to change “listing broker” references to “seller.” But what does that mean? May Realtors directly contact a seller for showing instructions now?

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Higher mortgage rates, changing markets and weaker demand? It’s not whether or not you’ll have tough RE conversations – it’s how you handle it when they arise.

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The planning process starts with questions. HUD notes that things like technology have changed, and it will update regulations after a public comment period.

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How does a homeowners’ association rider differ from a condominium rider? How is it similar? This month’s focus is on the similarities between the two. Next month we’ll focus on the differences.

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Under just-passed Fla. tort reform, multifamily operators can limit their liability for injuries on their property. If they follow a specific roster of security guidelines, they can attain a “presumption against negligence.”

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A Bradenton homeowner fixed problems nine years ago after a city code violation, but a surprise lawsuit for $75K arrived last Aug. demanding money.

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Sales surpassed economists’ expectations. Builders say decreasing mortgage rates and the existing-home market’s lack of inventory probably pushed sales higher.

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Overall consumer confidence fell to 101.3 from March’s 104.0, dragged down by a drop in future expectations. The measure of current attitudes rose 2.2 points.

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HUD will propose clearer rules shortly. Once finalized, they’ll help the RE industry comply with the Fair Housing Act and be the standard for gov’t-assisted housing.

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