1 in 4 Buyers Using Fed Money for Down Payment
Pandemic-era stimulus funds went toward the down payment on a home for 24% of today’s buyers, second only to saving money from their paychecks.
How to Avoid Property Manager Fraud?
A property management company in the Naples area faces a $100K civil suit after alleged fraud, breach of contract and embezzlement.
Mortgage Rules Eased for Self-Employed Buyers
Fannie/Freddie started requiring extensive recent financial info from self-employed workers due to COVID, but some may now find it easier to qualify for a loan.
Big Rent Increases Convince More People to Buy
More renters are wondering: “What happens next year if my rent went up $200 this year? And what do I have to show for this lost money anyway?
Can a Grandson Stay in My Over-55 Community?
Q&A: A 23-year-old man will be living with his grandmother for about two more years. Does that stop her from buying a home in a 55-plus community?
Best 2022 Paint Colors? Same as Last Year
Some version of green is most paint companies’ “color of the year,” but for sellers hoping to maximize profit, nothing changed: Stick with close-to-white shades.
Program: Add 3M Black Homeowners by 2030
NAR is part of a new initiative – a 100-stakeholder coalition with a 7-step plan to boost the Black homeownership rate, which hit a 50-year low in 2019.
4 of 5 Consumers Believe in the Housing Bubble
Toxic loans led to foreclosures and a burst bubble around 2010, and today’s market is different – but for rank-and-file consumers, it doesn’t feel that way.
Proposed Bill Could Limit Eligibility for Citizens Ins.
Property insurance costs keep going up, and the Florida Legislature has a number of bills focused on the problem. But it’s too early to predict what might happen.
Q&A: What’s Condo Law on Charging Stations?
Condo owners are buying electric cars and need a place to charge them. That leads to a roster of new questions regarding condo law and what can/cannot be done.