Unexpected Homebuyer Headache: Hard-to-Get Appliances
If stressed buyers somehow manage to land the home of their dreams, they may find it will take an additional nine months to secure the refrigerator of their dreams.
Investors, Tax Changes and What They Need to Know
A 2017 tax overhaul changed the rules; a new proposal could do the same. Investors should understand all possible changes before they select new investment options.
Fast Home Sales Leave Some Sellers Homeless
Pumped by top-dollar offers, some sellers find themselves closing only weeks after listing their home, boosting demand for leaseback options or short-term rental housing.
Mortgage Forbearance: How to Ease Out and Avoid Foreclosure
About 2M Americans have postponed mortgage payments, but their grace period is about to end. And for the 1.7M with a Sept. deadline, it’s time to start planning.
Mega Investor Spending Billions on Single-Family Rentals
Faced with a dearth of affordable existing homes, single-family investors say they’ll spend big money creating new rental-home developments in Fla. and other states.
29% of Sellers Think Home Is Worth Less than Asking Price
Most sellers list for personal reasons, but a survey found that 1 in 4 (24%) who plan to list within the next 12 months are doing it because of the profit potential, with 53% expecting to get their asking price and 24% anticipating more. And 25% expect to have an offer within one week.
Fla. Insurer Growing as 3 Private Insurers Cancel Policies
State-owned Citizens Property Ins. is growing rapidly, and Fla. insurance regulators recently authorized “extraordinary” terminations for thousands of homeowners insured by Universal Insurance of North America, Gulfstream Property & Casualty and Southern Fidelity.
April Home Starts Drop 9.5% – Builders Blame Supply Costs
New-home starts fell a surprising 9.5% in April. Builders say buyers are dropping out of the market because a rising cost for raw materials keeps pushing prices higher.
$5B in Relief Money to Help Fight Homelessness
In Fla., 40 agencies will get “Emergency Housing Voucher” money to help individuals and families experiencing homelessness or at risk of homelessness.