‘Sales Tax Holiday’ Includes Other Discounts this Year
In addition to hurricane and school sales tax holidays, lawmakers added an entertainment one. Businesses can also get a tax credit up to $5M for some charity donations.
Jacksonville Is the Nation’s Top Metro for ‘Digital Nomads’
Where do I go if I can work anywhere? Jacksonville. A report found it a top destination, notably for young workers who love the outdoors and a reasonable cost of living.
Recovery Showing Momentum After Pandemic-Caused Recession
The economy grew 6.4% in 2021’s first quarter, and experts predict greater strength in the second quarter. A projected growth of 7% this year hasn’t been seen since 1984.
Can a Condo Charge Movers a Fee for Staff Time?
Fla.’s condo law, unlike HOA, does contain a strict cap on what can be charged. Also: What can a board do if a resident stops a banned practice only temporarily?
NAR: Record-High Home Prices and Sales Gains in March
Total existing U.S. home sales were up 12.3% year-over-year while median price was up 17.2%. However, existing home sales fell (-3.7%) in March compared to Feb.
U.S. Average Mortgage Rates Under 3% for First Time Since Feb.
The 30-year rate was 2.97% this week, down from 3.04% last week. Despite these low rates, many buyers are unable to purchase a home due to the shortage of inventory.
NAR: Record-High Home Price and Sales Gains in March
Total existing U.S. home sales were up 12.3% year-over-year while median price was up 17.2%. However, existing home sales fell (-3.7%) in March compared to Feb.
RE Q&A: Can an HOA Tell Me to ‘Stop Hanging My Flags’?
An HOA can’t stop residents from flying the American flag and certain other flags – but there are some restrictions to those protections, such as maximum size limits.
Wealthy Buy Up Luxury Homes Amid Pandemic
In Feb., the number of homes sold for more than $1M rose by 81% year-over-year, while the number of homes that sold for less than $100K fell 26%, according to NAR.
Fla.’s Home Sales and Prices Up, Inventory Tight in March
Florida Realtors’ data: Single-family home sales rose 23.3% year-over-year, median sales price up 18.9%; condo sales up 52.6%, median price up 15.2%. The coronavirus was first detected in Fla. on March 1, 2020; therefore, last March’s data was the first to reflect the pandemic’s impact.