Eviction Ban: Appeals Court Could Rule by Thurs.
Realtor assoc. lawyers appealed a judge’s ruling to maintain the eviction ban, and the process could wrap up this week. If necessary, a Supreme Court appeal could follow.
Strange Times for Commercial: Big Winners, a Few Losers
The pandemic changed the way America operates and, as a result, the way commercial real estate functions. The industry seems to be thriving now – but with caveats.
More Fla. Condo Boards Tell Residents to Wear Masks
Restrictions are returning to condos – largely mandatory masks in common areas – as COVID-19 cases rise. And in condo complexes, residents agreed to follow the rules.
2020 Census Finds Most Diverse U.S. Population Ever
Nationally, 43% of U.S. residents are people of color (up from 2010’s 34%) and 57% are white (down from 63%.) In Fla., Hispanics make up over 50% of the population in three counties, and between 25% and 49.9% in an additional 10 counties, all between Lake County and Miami-Dade.
RE Q&A: Can a Condo Community Post Speed Limit Signs?
People can’t follow rules they don’t know about, and speed limit signs are a relatively painless first step – but some communities do even more to cut down on speeding.
Hot Housing Market Drives Home Fix-Ups
Remodeling hit a high during lockdowns when homeowners had time and an increased frustration with their living space. Now, rising home equity entices them.
Bidding Wars Coming Back – But in the Rental Market
In some areas, landlords faced with multiple rental applications are seeing some offer more rent or a higher deposit in hopes of upping the chance they’ll get the unit.
Feds Say New Agreement Will Boost Fair Housing Enforcement
HUD and FHFA (Fannie Mae, Freddie Mac) signed a memorandum of understanding (MOU) to work together. The change allows HUD to more aggressively check for Fair Housing Act violations by giving it easier access to deals funded with conventional mortgage loans.
Judge Won’t End Eviction Ban, Says ‘Hands Are Tied’
A judge that ruled against an earlier eviction ban version said an appellate ruling keeps her from doing so this time. An appeal is likely, possibly to the Supreme Court.
Avoid 6 Common Real Estate Investing Mistakes
Start small? If you buy one rental as an investment, you lose 100% of your income if it’s not occupied. And good real estate shouldn’t be sold, it should be refinanced.