As this seller’s market continues to run wild throughout Fla., many people are asking what laws or contract terms come into play if a seller rejects a buyer’s offer even though it included all the terms the seller requested.
Tenant-occupied property confuses many Florida Realtors Legal Hotline callers. This article should help. It explains a seller’s (landlord) rights and obligations to buyers if a property is sold subject to a tenancy.
Rates likely will continue to rise. An Oct. Bankrate survey says that among homeowners who’ve had a mortgage since before the pandemic, 74% have not refinanced.
Many buyers in Fla. and across the U.S. are feeling the impact of a lack of inventory, competition from investors and rising prices during their home search.
Condo Q&A: While statutes say unit owners have the right to record or videotape meetings with a quorum, the association can adopt reasonable rules about it.
NAR: Social media is a top source of quality leads, say 47% of real estate firms; and 66% of first-time home buyers are millennials, who widely use social media.
Realtor.com: Home sellers may continue to hold the upper hand, but buyers may be more sensitive to price increases; and more inventory could enter the market.
HUD: A 2020 audit found at least 31,500 of the loans that year in designated special flood hazard areas didn’t maintain the required flood insurance coverage.
The pandemic intensified moves to the South and West, increased population in some micro cities and slowed population growth in the biggest U.S. cities.
Survey: Over 73% of Floridians polled say too many people have moved in from out of state, putting pressure on the housing market; 51% are considering leaving Fla.