Fla. Releases $150M for 20 Infrastructure Projects in 15 Counties
Gov. DeSantis says the money from HUD will go to large-scale infrastructure projects that can make Fla. communities more resilient to future disasters.
Condo Q&A: Money Budgeted but a Big Project Can’t Wait
Boards have a few options for necessary quick repairs. Also: Can a board charge an owner $10K for violating the governing documents?
RE Q&A: Can HOA Shut Pool If One Resident Broke the Rules?
An HOA rule mandated that only tenants – no guests – could use the pool, and it shut down the entire pool for a day after someone broke that rule. Is that legal?
Could Vacant Commercial Buildings Become Affordable Housing?
The short answer seems to be yes – but without clear expectations for the commercial industry’s post-pandemic rebound, few investors are willing to commit yet.
March Home Starts Rebound After Frigid Feb. Drop
March housing starts rose almost 20%, and building permits, a sign of future activity, rose 2.7%. Lumber prices, which tripled in just one year, remain a major challenge.
That Suburban Homebuyer Could Be a Foreign Government
Some large, international commercial buyers have started to invest in single-family suburban homes, viewing them as less expensive than apartment building investments.
Fair Housing Month: NAR President Appeals for Unity
Realtors “can be a force for good and bringing people together,” NAR President Pres. Charlie Oppler said during a special program that honors Fair Housing Month.
How Many Homes Does the U.S. Need to Catch Up? Almost 4M
Why is the inventory of for-sale homes so tight? A new analysis by Freddie Mac found that supply will meet demand only if the U.S. adds 3.8M new homes. The housing need now is 52% greater than it was in 2018, just three years earlier – and it’s even worse for entry-level homes.
Mortgage Rates Fall Again – 30-year Loan Down to 3.04%
After two months of rising mortgage rates, they dropped lower for the second week in a row, with the average 30-year, fixed loan down to 3.04% from last week’s 3.13%.
Proposed Zoning Change Could Encourage Affordable Home Builds
A proposed infrastructure plan would reward cities that change their zoning laws to allow more apartments and garage conversions in areas zoned for single-family homes.