Appraisals Will Look Different Soon
Over a 14-month period starting in September, lenders are phasing in new appraisal reporting for all GSE-conforming loans.
HELOC Balances Surpassed $45,000 in 2024
HELOC balances rose 7.2% in 2024 nationwide as more homeowners tap equity amid high mortgage rates and limited refinancing options.
Agreement Sets Stage for Florida Budget Talks
House and Senate leaders have reached an agreement that enables lawmakers to begin hammering out details of a spending plan today, June 3.
Crypto Scam Targets RE Agents
Real estate pros are being targeted in a crypto scam where fake buyers build trust, show fake profits then steal large sums. The Secret Service and NAR urge caution.
Time to Stop Worrying About Mortgage Rates
Rather than waiting for rates to drop, buyers should be looking at all monthly costs to get a picture of what they can afford, says NAR’s deputy chief economist.
Are You Ready for Hurricane Season?
Hurricane season began June 1. Now is the time for Fla. residents to put together an emergency kit, create an evacuation plan and take other steps to prepare.
How Can My Home Be More Eco-Friendly?
To benefit the environment and your wallet, take steps to make sure your HVAC is working properly, get an energy audit, and seal leaks and cracks.
RE Q&A: HOA Pay for Parking During Repairs?
Associations must maintain common elements like parking decks and may raise dues or assess fees to cover costs, including reimbursing related resident expenses.
Some Buyers See Downturn as an Opportunity
Nearly 30% of homebuyers say a recession would make them more likely to buy, citing lower rates and less competition despite economic uncertainty.
RE Q&A: Should HOA Cover Parking During Repairs?
Associations must maintain common elements like parking decks and may raise dues or assess fees to cover costs, including reimbursing related resident expenses.