Rising Rents Hit Smaller Cities Hardest
Remote work increased small-city demand, with two Fla. ones in the top 10: St. Petersburg rents rose 56.7% for one bedroom, Hialeah 49.2% for two.
Hanging Outdoor Lights? Also Do a Home Inspection
Owners rarely study the outside of their home, but hanging lights presents an opportunity. How’s the roof? Any foundation cracks? Electric working correctly?
Mold Rider Confusion: ‘AS IS’ vs. Residential Contract
Contract lesson No. 1: Make sure one contract’s rider works with other contracts. Lesson No. 2: The Mold Inspection Rider only applies to the standard FR/Bar contract because the “AS IS” version doesn’t need it.
Can a Condo Buyer Inspect a Rooftop A/C Unit?
Before trying to schedule a rooftop air conditioning inspection, a condo buyer should first find out who’s responsible for A/C maintenance – the unit owner or the association.
Condo Q&A: OK to Serve Alcohol at HOA Events?
It’s the holidays. That often means neighborhood parties, and those often include alcohol. Does that create any liability issues for an HOA event?
NAR: Oct. Pending Home Sales Jump 7.5%
On-the-fence buyers fearful of rising mortgage rates and rental costs pushed pending sales up 7.5%; 2021 could now break a 15-year record for housing sales.
Americans Moving Less and Less Often: Why?
In the 1950s, 20% of Americans moved every year. Now it’s about 8.4% because a sedentary aging population and the Great Recession bumped it even lower.
Dear Joey: MLS Policies Change? How Does It Affect Me?
NAR updated MLS rules at its recent convention, and Realtors may discover changes within their MLS on or before the Jan. 1 effective date. One change applies to marketing, however: A buyer’s agent can’t advertise their services as “free.”
Florida Realtors/Florida Bar Residential & AS IS Contracts
One Month Ago, FR/Bar Contracts Changed Many Realtors study updates, but details can get hazy after a few months. However, Florida Realtors/Florida Bar help is still online, including the “talking contract,” videos and redline copies of the contracts.
The Financing Contingency Trap for Unwary Buyers
The financing contingency can protect buyers – but only if they understand how their decision-making deadline (end of Loan Approval Period) works.