Do Nearby Foreclosures Affect Home Values?

If a nearby home goes through foreclosure, does a lowered value for that property impact the values of all nearby neighbors' homes?
Read MoreDo People Really Move Because of Taxes?

Fla. touts its no-income-tax status, but moving is complicated and buyers consider many variables. Still, it appears that lower taxes carry notable weight.
Read More67% of Buyers Willing to Live with Ghost Roommate

How hard is it to find the perfect home? If it has the right location and price, 7 out of 10 homebuyers are willing to overlook poltergeist shenanigans.
Read MoreFAU Study: 90% of Floridians Believe in Climate Change

A Yale U. study found only 3 out of 4 Americans (74%) share that belief, and the study’s author says it may be due to Fla.’s “hurricanes and other extreme weather.”
Read MoreFederal Audit: Gov’t Office Buildings 80% Vacant

The GAO found that federal offices have challenges like the private sector. In comparing building capacity to employees, none used over 50% and some used only 9%.
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There’s an interest uptick in reverse mortgages, notably from older adults on fixed incomes coping with inflation. They can be a good option – but also a bad one.
Read More How Does a Scammer Choose Vacant Land to Scam?

The scams begin with a hunt through public records for vacant land, an absentee owner and no mortgage. Look for red flags, like a refusal to talk in person.
Read MoreNew Biden Initiative: Convert Offices to Housing

Over $35B will be available for below-market rate loans that finance new housing construction and/or office conversions near transportation hubs.
Read MoreNAR: Pending Sales Rise 1.1% in Sept.

It’s a slight gain, but NAR’s chief economist says pending sales “remain at historically low levels.” Year-over-year, pending transactions were down 11%.
Read MoreShort ‘Days on Market’ Shifts to the North

Albany, N.Y., homes went under contract in 8 days in Sept., followed by Rochester (9) and Grand Rapids, Mich. (9). In 8 Fla. metros, it ranged from 25-58 days.
Read MoreMortgage Rates Rise Ever Higher, Hit 7.79%

The average for a 30-year, fixed-rate loan moved higher for the seventh week in a row. Last week it averaged 7.63%; a year ago, it was 7.08%.
Read More4.9% 3Q Economic Growth Strongest in 2 Years

The economy more than doubled from its 2Q growth rate of 2.1% – but inflation also dropped to 2.4%. Some economists think 3Q is the high water mark before a slowdown.
Read MoreHUD’s FHA Tools Now Require Two-Factor Authorization

To boost security, HUD Homestore and other loan tools will require users to prove their identity. HUD will send a code to registered devices that users must confirm.
Read MoreSurviving the Shift to a Skills-Based Market

Follow up until people “buy, die or file a restraining order,” says one RE coach – and basic skills aren’t enough to succeed in today’s rapidly changing market.
Read More‘Florida Man’ Becomes a Marketing Tool

Life is more fun in Fla., a concept made flesh by “Florida Man” – the guy always doing something crazy. Now a St. Augustine “game” will make him real.
Read MoreLawmakers Eye Backlog in Home Upgrade Program

The My Safe Florida Home program has more applications than funding, but the Legislature may consider more money during a recently scheduled special session.
Read MoreFederal Court: Floor Plans Fall Under ‘Fair Use’

It’s okay to include a floor plan in a listing, ruled an appeals judge. He said it's “fair use” and doesn’t infringe on architectural-design copyright laws.
Read More5 Fla. Metros Still Top U.S. Move-To Hotspots

A Texas hotspot (Austin) lost residents for the first time, while Orlando, North Port-Sarasota, Tampa, Cape Coral and Miami made the top 10 for incoming residents.
Read MoreSept. New Home Sales Surge 12.3%

With too-few existing homes listed for sale, more homebuyers opted for new construction, which saw sales rise 12.3% month-to-month and 33.9% year-to-year.
Read MoreCitizens Policies Drop Amid ‘Depopulation’

The state’s “insurer of last resort” is a last resort for fewer Floridians. Recent depopulation efforts have reduced its coverage count by almost 100K policies.
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