Despite being in prime home-buying years, a majority of millennials with student debt currently don’t own a home – and many believe student debt is the reason. Source: Florida Realtors
Houston's market proves resilient post-Harvey
Hurricane Harvey’s catastrophic flooding doesn’t appear to deter housing demand. Redfin agents say 45 buyers are ready to purchase homes where the storm hit. Source: Florida Realtors
National flood insurance extended for three months
NAR’s Call for Action ended Friday. While it initially hoped to pass a comprehensive flood bill that lasted years, Harvey aid and Irma’s impending threat last week convinced Congress to postpone any major changes. NFIP now expires in December. Source: Florida Realtors
What to do if board pres. makes use of HOA resources
Real estate QandA: All board members have a fiduciary responsibility to the community. Review HOA docs – but board can also remove or replace him. Source: Florida Realtors
What to do after a disaster hits your home, mortgage
If you’re affected by a natural disaster, what does it mean for your mortgage? Here are frequently asked questions and answers. Source: Florida Realtors
Scott declares emergency as hurricane threatens
All of Fla. will soon get a taste of Hurricane Irma, and it’s likely that a few areas will face a direct impact. Bolster your home and business defenses now. Source: Florida Realtors
Will weak inflation slow Fed's interest rate increases?
All signs point to healthy economic growth but one: inflation. The Fed wants to see 2% before it boosts interest rates, but inflation remains stubbornly stagnant. Source: Florida Realtors
Average mortgage rates fall again to new 2017 low
Mortgage-buyer Freddie Mac reports that the average rate on a 30-year, fixed-rate mortgage fell to 3.82% this week from last week’s 3.86%. Source: Florida Realtors
Could Harvey push Fla. homeowner's insurance rates higher?
Short answer: No. Fla. rates shouldn’t go up. Rates are set at the state level, so what happens in Texas stays in Texas, and what happens in Fla. stays in Fla. Source: Florida Realtors
Florida Realtors taps Disaster Relief Fund, sends supplies
In response to the horrendous Texas flooding, Florida Realtors will send $25K to a Texas Realtors’ aid fund and pay for local efforts to create “Totes for Hope” – a grassroots effort to send personal supplies to Texas families struggling to survive. Source: Florida Realtors
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