Homebuyers can secure flood insurance right away, but most current homeowners face a 30-day waiting period – and the 2023 hurricane season begins June 1.
Number of buyers looking within their metro dropped 15.6% in 1Q, but the number looking elsewhere fell only 4.2%. Fla. has 5 of top 10 want-to-move-to metros.
President Biden approved a major disaster declaration and FEMA assistance for Broward County. Fort Lauderdale may also offer $5,000 per household.
A one-two punch – value declines due to higher interest rates, and lower office and retail demand – has created the biggest commercial challenge since the 1970s.
Realtors can’t sell homes that aren’t listed for sale, and NAR’s chief economist cites a lack of inventory as the prime cause of March’s drop in signed contracts.
Human beings gravitate toward comfortable activities, and Realtors are no exception. But marketing should focus on potential clients’ activities.
In Jan., HUD proposed rules to help local governments reverse segregated housing patterns. NAR and four other groups announced that they support the update.
The planning process starts with questions. HUD notes that things like technology have changed, and it will update regulations after a public comment period.
How does a homeowners’ association rider differ from a condominium rider? How is it similar? This month’s focus is on the similarities between the two. Next month we’ll focus on the differences.
Under just-passed Fla. tort reform, multifamily operators can limit their liability for injuries on their property. If they follow a specific roster of security guidelines, they can attain a “presumption against negligence.”
