One agent’s take: “Some sellers are having a hard time grasping that we’re not in a housing-market frenzy anymore … that they missed the boat on getting a high price.”..
Risk insurance that covers construction damages is up 30%, and the rising cost of all types of needed insurance is causing some builders to reconsider new projects...
Loans for single units range from $472,030, the floor, to $1,089,300, the ceiling. For four units, it’s $907,000 to over $2M – and in some non-Fla. areas, over $3M...
“It’s too expensive,” isn’t a good excuse. Lenders can “force-place” insurance that owners must pay – and that coverage protects the lender more than the owner...
The U.S. has 49.5M rental units, and 46% are in buildings with four units or less. Of those, mom-and-pop investors own 70% – 1 out of 3 units nationwide...
The Florida Housing Coalition expects the state’s affordable housing trust fund to have $403M in it next year – a notable increase from this year’s $360M...
It’s not illegal to have a marketing service agreement (MSA), but the Real Estate Settlement Procedures Act (RESPA) rules do tie your hands a bit. Here’s what you need to know for a successful MSA that doesn’t break the law...
An inflation measure used by the Federal Reserve found prices up 6% in Oct. While still too high, it’s the lowest inflation price increase since Nov. 2021...
