FHFA: Big Changes to Help Disadvantaged Buyers
USA Today calls it “the most sweeping overhaul since the housing crash in 2008.” The three-year strategy focuses on underwriting, appraisals and support programs.
Buyer’s Regret? There’s Also Remodeler’s Regret
The pandemic pushed many Americans to move and others to upgrade their current home. However, about 1 out of 3 remodelers now regret their decision.
Why Have Flood Ins. in Low-Risk Zones? Hurricane Agnes
FEMA says it’s been 50 years since the storm changed U.S. flood policies after crossing the Panhandle and causing massive inland flooding – 8 states, 128 deaths.
Rent Increases: 8 of Top 10 Highest Are Fla. Metros
FAU: At 32.8%, Fort Myers tops U.S. metros in year-to-year rent increases. S. Fla. (up 31.07%), Sarasota (30.88%) and Tampa (26.9%) also made the top five.
HUD: New Tool Helps Buyers Find Home Counselors
Online tool accesses HUD-approved counselors and a toll-free number offers advice in 200 languages on buying, renting, reverse mortgages or evictions/foreclosures.
Airbnb Overhauls Searches, Adds New Rental Categories
The recent update allows renters to search locations for their most-desired features, such as a chef kitchen or “historical homes.”
RE Q&A: Does Right of Survivorship Require Probate?
There are three types of ownership that pass property upon death, but only one usually requires probate – and it’s not “joint tenants with right of survivorship.”
Florida Realtors Awards $278K in Scholarships
Across Fla., 229 young people are getting help with their college costs from Florida Realtors Education Foundation as they prepare for the 2022-23 school year.
Rising Interest Rates – So What Happens Next?
The last time interest rates rose, a rush of sellers listed their home. But that hasn’t happened, in part because likely move-up buyers don’t want a higher-rate mortgage.
HUD Program Tackles Housing Supply Crisis
The move, backed by NAR, gives HUD flexibility to boost affordable housing in various ways, such as advocating for zoning changes and working with local officials.