Landlords that once banned ex-convicts must regroup after HUD suggested it could be a fair housing violation. The exact do’s and don’ts aren’t clear, but HUD advice to public housing managers offers some insights. Source: Florida Realtors Related Posts:The Truth About Down Payments (It’s Not What You Think)Is It Time To Put Your House Back […]
Higher fees for low downpayments and credit scores
Mortgage fees have changed for low downpayment loans. Buyers with a good-but-not- great credit score pay higher fees – those with stellar credit pay less. Source: Florida Realtors Related Posts:What Credit Score Do You Really Need To Buy a Home?The Truth About Credit Scores and Buying a HomeThe Credit Score Myth That’s Holding Would-Be Buyers […]
Almost 50% of millennials can't qualify for a home
While 1/3 of young adults want to buy a home within a year, 43% have a subprime credit score, making it unlikely lenders will accept their mortgage application. Source: Florida Realtors Related Posts:What Credit Score Do You Really Need To Buy a Home?The Truth About Credit Scores and Buying a HomeThe Credit Score Myth That’s […]
The hottest buzzwords in listing ads
A study compared listing prices to selling prices and attempted to see which words within listing descriptions tended to attract higher-than-expected offers. Source: Florida Realtors Related Posts:The #1 Regret Sellers Have When They Don’t Use an AgentPatience Won’t Sell Your House. Pricing Will.Housing Market Forecasts for the Rest of 20253 Reasons Affordability Is Showing Signs […]
Homeowners fight FHA mortgage-interest overcharges
FHA charges sellers a full-month’s interest at early-month closings, and a group of owners are suing four banks over the practice, including BofA and SunTrust. Source: Florida Realtors Related Posts:What a Government Shutdown Really Means for the…Why Most Sellers Hire Real Estate Agents TodayShould You Sell Your House or Rent It Out?Don’t Let Unrealistic Pricing […]
The 1960's ranch home? It's back.
In some areas, demand is high for one-story homes, but there are fewer listings because builders have been constructing more two-story homes on smaller lots. Source: Florida Realtors Related Posts:Are Builders Overbuilding Again? Let’s Look at the Facts.Smaller Homes, Bigger Opportunities: The Homebuilder…Newly Built Homes May Be Less Expensive Than You ThinkThis May Be the […]
Buyers' top mortgage complaint? Tax data errors
A home can receive six separate tax estimates between listing and an owner’s first mortgage payment, and some estimates are more accurate than others. Source: Florida Realtors Related Posts:Only an Expert Agent Can Give You an Accurate Value…The Benefits of Using Your Equity To Make a Bigger…Are You Saving Up To Buy a Home? Your […]
Study: Little chance Fla. home prices will drop
The likelihood of a price decline over the next two years is negligible, according to the Arch MI. Only U.S. states with energy industries have a marginal risk. Source: Florida Realtors Related Posts:Housing Market Forecasts for the Rest of 2025Why Your Home Equity Still Puts You Way AheadIs the Housing Market Going To Crash? Here’s […]
Big single-family rental firms change tactics
Post-recession, large companies started to buy homes, fix them up and rent them out. Today, though, they buy fewer homes and are even starting to sell a few. Source: Florida Realtors Related Posts:Should You Sell Your House or Rent It Out?Why Big Investors Aren’t a Challenge for Today’s HomebuyerPatience Won’t Sell Your House. Pricing Will.Are […]
First-time buyers want to bypass starter home
BofA report: 75% of first-time buyers would prefer to move into homes that meet their long-term needs; another 35% plan to retire wherever they buy. Source: Florida Realtors Related Posts:More Starter Homes Are Hitting the MarketHeaded Back Into the Office? You May Decide To MoveWhy So Many Homeowners Are Downsizing Right NowA Second Home Might […]