Lower Rates May Not Help S. Fla. Buyers

Demand is so strong that high mortgage rates haven’t lowered home prices. And while “waiting for a lower rate” sounds good, it could make buyer demand even stronger.
Read MoreMiami-Dade Gets PACE Complaints, Rules Next?

The PACE program helps owners upgrade their home, but Miami-Dade County, which has the lion’s share of the Fla.’s PACE agreements, could seek stricter regulations.
Read More‘Is This a Good Short-Term Rental?’ AI Has the Answer

A tool on realtor.com helps investors estimate potential profits, but it can also help current owners decide if “rent it out” is a better financial idea than selling.
Read MoreHousehold Income Fell 8.8% as Home Prices Rose

U.S. households had 8.8% less to spend in 2022 (after taxes) than they did in 2021 due in part to 2021’s pandemic checks and expiring tax credits, such as some for childcare.
Read MoreLatest Scam: Fake Grandson and Dead ‘Grandmother’

A man targeted a deceased 96-year-old Tamarac woman without in-state relatives. He squatted, faked inheritance papers and eventually planned to sell her home.
Read MoreAre Boomers Hoarding All the Houses?

Aging has changed. Boomers are healthier and can wait longer to sell their home. But that makes the age transition gap another challenge first-time homebuyers face.
Read MoreU.S. Sees Record-Number of Billion-Dollar Disasters

Property insurance costs aren’t completely under human control. NOAA says 2023 has had 23 billion-dollar-plus disasters so far due to changes in the climate.
Read More10% of Listings Are Sellers Called Back to Office

If more workers are called back to the office, would the housing inventory improve? Still, top reasons remain family, more space and/or a lower cost of living.
Read MoreGlobal Economy: Is a ‘Soft Landing’ Possible?

There’s no sure thing and risks remain, but it appears likely that the global economy will avoid a hard landing, with a modest economic downturn more likely.
Read MoreRents Still High but Landlords Offering Concessions

Aug. report: Rather than lower monthly rents that remain within $2 of their all-time high, more landlords are offering perks, such as a free month or two.
Read MoreSmall Biz: 1 in 4 Says Inflation Is Biggest Problem

Independent businesses aren’t quite as optimistic about the next six months, and many hope to maximize profits now to prepare for any possible downturn.
Read MoreHome Décor: Minimalism Out, ‘Dopamine I’ In

The few-accents, white-walls trend has faded. A growing trend this fall is “dopamine I” – decorating that focuses on happiness, color and self-expression.
Read MoreStudy: Inequality Exists in Subsidized Housing

A study of HUD data found that Black, Asian and Latino subsidized renters paid up to 25% more than white renters – but Native Americans appeared to pay less.
Read MoreWhat Can FHFA Do to Ease Credit-Score Problems?

The federal housing agency already made changes, such as allowing on-time rent payments to be considered for a loan, and it’s asking for recommendations to do more.
Read MoreWhy Do Some Floridians Forego Flood Coverage?

One owner hit by Hurricane Idalia doesn’t have flood insurance and doesn’t plan to get it. It’s not the home’s first flood, and “We just wash it out and move along.”
Read MoreRespond to the Good Reviews Too

It’s almost mandatory to answer a negative review, but it’s almost as important to thank positive reviewers to build an audience and encourage more comments.
Read MoreSome Fed Programs Help Pay to Elevate Homes

Existing homes can be elevated – a mitigation strategy for storm surge – and federal programs will help pay for it. But the program comes with hurdles.
Read MoreFlood Insurance Set to Expire Sept. 30

If Congress passes an extension, transactions can proceed. If not, homebuyers who need mortgage-mandated flood coverage should plan ahead to avoid problems.
Read More1 in 5 Millennials Say They’ll Never Own a Home

Of millennials who do hope to buy, almost half say it won’t be soon because home prices are too high – the No. 1 obstacle toward homeownership.
Read MoreWho Owns a Development’s Common Areas?

HOAs have common areas as do condo associations, and the answer to “Who owns them?” varies under Fla. law and even from association to association.
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