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.
Traditional Real Estate Marketing Holds Firm Despite Pandemic
A recent broker survey found 41% of real estate pros used direct mail to generate listings and 24% used technology to find which sellers were most likely to sell.
By the Numbers: COVID-19 Vaccinations in Florida
As of April 19, more than 8.14 million people in Florida had received at least one dose of COVID-19 vaccines. Of those, more than half (4.82M) are ages 55 to 84.
5 Insights to Help You Start a Real Estate Business
Some of the steps to a real estate career may include: Write a business plan, get your license, create a strong brand identity and build your online presence.