Veterans Day Legislation Targets GI Bill Racial Inequities
After WWII, white veterans got homebuying aid through the GI Bill, yet many Black veterans did not. A group of senators now want to offer that benefit to descendants.
Residents Win $35M in HOA Lawsuit Against Developer
It took four years, but a 55-plus Poinciana community of 5K residents won a class action lawsuit against the developer over issues related to amenity ownership and use.
Survey: Sellers Waiting Out Pandemic Are Ready to List
Owners who postponed selling during the pandemic – perhaps waiting for a sign that price increases were slowing – appear ready to list their home within the next six months. Many, however, plan to overprice it – and they expect bidding wars to push the final price even higher.
Zillow Sells 11% of Its iBuyer Inventory to an Investor
The firm sold about 20% of the homes Zillow Offers currently owns to an investment firm, leaving it about 7,800 – but it goes up to 16,000 after pending sales close.
Airbnb Updating Its App and Adding Translations
It will be easier for international visitors to book short-term rentals. Airbnb will soon give renters a translation option that includes more than 60 languages.
Creating an Effective Real Estate Newsletter
The first step in building a strong newsletter that boosts marketing efforts? Think about your preferred readers – their desires, needs and interests.
NAR 3Q Sales: Prices Up Double Digits in 4 Out of 5 Metros
Prices rose in 99% of the 183 markets NAR measures quarterly, and 16% (to $363,700) overall. Of the top 10 metros for year-over-year price gains, five are in Fla.
Average Mortgage Rates Dip Below 3% Again This Week
The fear of rapidly rising mortgage rates appears exaggerated, as this week’s 30-year, fixed-rate mortgage averaged 2.98% compared to last week’s 3.09%
Tenant Screeners Can’t Compare Names and Draw Conclusions
Screening tenants is okay but only if based on valid data. A CFPB rule, backed by HUD, says relying on “same name comparisons” is a fair housing violation.
Cybersecurity and Real Estate: You Need Protection Now
Good cyber hygiene keeps potential attacks from becoming successful security breaches. Cybercrime’s cost is projected to rise 15% per year for five years.