Fla. Focus of 1 Out of Every 7 Out-of-State Moves
More Americans dream of moving to Fla. than other states, according to Coldwell Banker, and a high percentage of Fla. residents won’t search for a home elsewhere.
ARMs: Buyer Loan Option Tainted by Great Recession
Zero-down, interest-only adjustable-rate mortgages (ARMs) played a role in the last recession, but today’s options are safe if buyers understand the pros and cons.
1 in 10 Orlando Homes Sell to Investment Firms
Big investment firms largely ignored single-family housing until 2007, and competition between investors and homesteaders is a fundamental market change.
Most Fun States? Fla. Ranks as No. 2
Why should someone move to Fla.? Because it’s officially fun, according to a WalletHub study that looked at entertainment, recreation and nightlife.
New Law Limiting Attorney Fees Tested in Court
Citizens Ins. – the Fla. “insurer of last resort” – is helping defend a new Fla. law that limits attorney fees for “assignment of benefits” (AOB) damage claims.
Making $67K? You Can’t Afford a Typical Home
Almost 90% of U.S. counties saw housing costs outpace wage growth in the second quarter. Households that once used 26% of income for housing were using 31.5%.
When Can You Claim $10K for Home Upgrades?
The My Safe Florida Home program will subsidize owners’ efforts to boost their home’s storm defenses – but not before the peak of the 2022 hurricane season.
Smaller Fees Might Be Coming for FHA Loans
While “more supply” has rallied most efforts so far to ease the affordable housing crisis, Biden is considering reduced fees to save FHA buyers $50-$70 per month.
HUD Charges Fla. RV Manager with Discrimination
A Davenport owner and manager told a transgender tenant she must continue acting as a man in public because it makes other residents “uncomfortable” and is “disruptive.”
Where Can You Rent in Fla. for $1,500 Per Month?
In June, Fla. median rent hit $1,726 per month, up from $1,408 one year earlier. While a unit for $1,500 is still possible, it depends on size, quality and location.