Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to a recent Pew Research Center report, the number of multigenerational homes dropped to as low as 12% in 1980 but has shot back up to 19%, […]
You Can Never Have TMI about PMI
When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have Too Much Information (TMI) about […]
Don't believe myths about reverse mortgages
A reverse mortgage might be a wise financial option for older adults – or not. However, a lot of misinformation can be ignored. Source: Florida Realtors
A Lack of Listings Remains 'Huge' Challenge in the Market
The housing crisis is finally in the rearview mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures & short sales) are at their lowest mark in over 8 years. This has been, and will continue to be, a […]
Feds update their guidance on 'sober homes'
Sober homes – group homes that serve recovering addicts – are protected under fair housing laws, but new guidance could give cities a bit more oversight. Source: Florida Realtors
Fla. has new rules for reporting pollution
Under emergency rules, the owner of a Fla. business must report pollution “contamination” within 24 hours – but specific regulations could change Dec. 25 and again after the 2017 Florida Legislature considers the issue. Source: Florida Realtors
Why Waiting Until After the Holidays to Sell Isn’t a Smart Decision
Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are six great reasons not to wait: Relocation buyers are […]
Thank You for Your Service!
Thank you for your service! Source: Luxury Market News
Realtor.com: Expect busier months ahead
Low inventory will create problems, but the housing market outperformed the economy in the first half of the year, and it will probably continue to do the same. Source: Florida Realtors
The Truth About Housing Affordability
From a purely economic perspective, this is one of the best times in American history to buy a home. Black Night Financial Services discusses this in their most recent Monthly Mortgage Monitor. Here are two of the report’s revelations: The average U.S. home value increased by $13,500 from last year, but low interest rates have […]
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