Supreme Court to Hear Property Tax Fight
Should a homeowner get the full homestead exemption if they rent out bedrooms? Two courts have said yes, but the Fla. Supreme Court will now take up the case.
A Property Rights Lawsuit 17 Years in the Making
Fla. officials went into private backyards and cut down citrus trees in the early 2000s. Now, 17 years later, some owners will receive financial compensation.
Homesteaders Will Have 30 Days to Buy FHA REOs
After March 1, resident-owners will have 30-day exclusive access to bid on homes foreclosed by FHA before the government opens a sale to investors.
2021 Foreclosure Activity Hits All-Time Low
That tsunami of foreclosures expected when forbearance ended? Barely a splash. ATTOM predicts an uptick that won’t reach “normal levels” until year’s end.
New Data Shows Flood Cost Changes by Zip Code
Under Flood Risk Rating 2.0, how many homes in your zip code will pay more? NFIP exec says even increases are on par with yearly boosts under the old system.
HUD Grants Palm Beach $14M Loan Guarantee
The business-loan money, part of HUD’s Community Development Block Grant program, requires that 51% of new jobs go to lower-income county residents.
Disaster Relief Fund Awards $200K in 2021
When Realtors, employees or association staff need help following a natural disaster, Florida Realtors Disaster Relief Fund steps in to help.
Mortgage Rates Jump Almost 1/4 Point – to 3.45%
The Fed announced it would tighten monetary policy more quickly, which pushed the 30-year, fixed-rate mortgage higher compared to last week’s 3.22%.
House Fire Deaths: Almost 50% Caused by Space Heaters
Fla.’s sporadic cold weather makes space heaters popular, but last weekend’s Bronx fire and 17 deaths serves as a warning: Use them with safety in mind.
Mortgage Delinquency Rate at Prepandemic Level
The number of homeowners who are late paying their mortgage (3.8%) is largely the same as it was before the pandemic began (3.7% in 2019).