Paint the Town Red. Or Blue. Or Any Color You Can Find
Summer remodelers and builders face another supply-line caused problem this summer: A paint shortage. Paint firms expect a temporary 6%-40% price increase.
Condo Q&A: Can We Hold a Special Election?
Also: Property insurance costs skyrocketed. Is it OK for the board to take out a loan from the roof reserve? And is a clubhouse bathroom upgrade a “material alteration”?
NAR: 5 Appraisal Topics Every Agent Should Know
When can agents talk to an appraiser? What can they say? What if an appraisal and purchase price don’t match? Realtors talked to appraisers at NAR’s recent meetings.
Think a Hacker Can’t Shut Down Your Computer? Think Again
A tech-challenged criminal can now buy software that shuts down any business’ operating system. Imagine the impact – then take concrete steps to keep your data safe.
When Will the Market Slow Down? Q&A with Fla. Experts
The real estate market is cyclical, but the next slowdown might take longer than you think. Most experts predict “boiling” well into 2022 or even 2023.
Landlords Ask Supreme Court to End the Eviction Moratorium
One judge ruled to end the eviction moratorium, but an appeals court refused to make any changes right away. Landlords now want the U.S. Supreme Court to weigh in.
Fla. Attorney General Issues Real Estate Scam Warning
Stressed buyers and renters desperate for a home can make rash decisions – and scammers know that. Escrow wire-fraud scams can destroy a buyer’s dreams only moments before a closing, but Fla. A.G. Moody also focuses on rental, loan-flipping and foreclosure relief scams.
Tampa Bay Realtor Hosts Cooking Show in Her Listings
Tiny Newby can advertise her listings by showing off their kitchens, and she does that by actually cooking in them with the videos posted on her Facebook channel.
For Some, Renting Is an Amenity – Not a Necessity
Lots of Americans who could buy a home choose to rent instead, notably many with incomes in the $120K-$150K range. They view the higher cost mainly as a convenience fee.
Report: Home Loans Backed by PMI Increased 53% in 2020
The association representing private mortgage insurers (PMI) says the average Fla. buyer has a credit score of 739, a $58K annual income and buys a median $310K home. In 2020, 55% of Fla. first-time buyers relied on PMI to make down payments of less than 20%.