Condo Safety Checks May Face Difficulties
New Fla. condo safety standards raise the bar for about 2M owners and set an extremely short timeline – and there may not be enough engineers to get the job done.
Credit Score Error May Have Hurt Homebuyers
Equifax – one of the big three U.S. credit scorers – says a computer coding error changed credit scores as much as 25 points, up or down, between March 17 and April 6.
NAR Charity OKs $500K for Kentucky Flooding
The Realtors Relief Foundation – a non-profit that provides housing assistance after disasters – will direct the $500K to housing needs, plus relief and recovery efforts.
RE Q&A: Can the Board Inspect Abandoned Condos?
An abandoned condo unit could have problems that impact other owners, like mold, but how can a condo board find out if it can’t contact the absent owner?
State Seeks Receivership for Insolvent Insurer
Filings indicate the Florida Office of Insurance Regulation had been monitoring Weston Property and Casualty Insurance Co. for more than two years.
What to Know About Local SEO
Search engine optimization (SEO) puts your info at the top of a customer’s Google search, a difficult goal. But a local SEO plan may provide better results.
Zillow Partnering with iBuyer Opendoor
Zillow canceled its own iBuying program but just announced a new iBuyer affiliation that combines Zillow’s audience with “Opendoor’s selling solution in one easy place.”
NAR’s Yun: Any Economic Downturn Likely Mild
The chief economist pointed to signs of a recession – and signs that suggest no recession. At the least, he says, the latter should block a major economic slowdown.
Mortgage Rates Drop Below 5%
At 4.99% it’s not far below, but it’s the first time in four months the 30-year, fixed-rate mortgage averaged below the psychologically significant 5% mark.
Buyers’ Income Rises Along with Home Prices
Buyers became richer between 2019 and 2021, notably in four “top 10” Fla. metros, as wealthier out-of-staters opted to buy a Fla. home during the pandemic.