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.
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.
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?
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.
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.
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?
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.
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.
Single-Family Rental Demand ‘Through the Roof’
The listing shortage forced some families to rent, but many recent sellers are opting to pocket profits and wait a year or so for a calmer real estate market.