Dear Shannon: If a Realtor sells a home they also own, are they still subject to the obligations of the Code of Ethics? What if a Realtor isn’t acting on behalf of others in the transaction?
In spite of the Fed’s 3/4-point interest rate increase on Wed., the average rate for a 30-year, fixed-rate mortgage fell to 5.3% from last week’s 5.54%.
The Fla. agency that backs policies after an insurer bankruptcy will work with Citizens to keep state insurers solvent if Demotech ever again threatens to lower ratings.
The chair had harsh words for inflation but also said rate increases seem to be having an effect. He seemed to say the U.S. is closer to the end than the beginning.
National Rental Home Council: Built-to-rent single-family developments made up 3% of rental home inventory in 2019; by the end of 2021, it rose to 26%.
f N.J. granted tax breaks to convince a company to relocate, it says it expects the employees to frequent local businesses – not work remotely from states like Fla.
At $6,729, Monroe County’s average premium tops the list, while Sumter County is the state’s most affordable for property insurance with an average $1,438.
Florida Trend magazine named the state Realtor association one of the “best companies to work for in Fla.” With a staff of 140, Florida Realtors won as a medium-size firm.
The Fed’s inflation battle now includes two 3/4-point interest rate hikes in a row. Since it was expected, most mortgage rate increases have already occurred.
Year-to-year, pending sales were down 20%. NAR says that over three years (June 2019 to June 2022) home prices rose 80%, and it now predicts a 13% decline in 2022.