Existing-home sales dropped in February as tight inventory and weakening affordability conditions kept many buyers out of the market in the majority of parts of the country, the National Association of REALTORS® reports. Total sales for existing single-family homes, town homes, condos, and co-ops ... » Learn More about Property Sales Decline Within Inventory, Affordable Challenges
Florida Housing 2017
Florida House goes after property tax decrease
Voters next year could be asked to expand Florida's homestead property-tax exemption using a measure introduced Wednesday in the House that quickly drew objections from local governments. Florida House goes after property tax decrease As a companion with a nearly $300 million tax-cut ... » Learn More about Florida House goes after property tax decrease
Budget plan may possibly have an effect on flood insurance
The White House's 2018 budget proposal requires a $190 million cut in funding for updating U.S. maps of flood-prone area. In place of the maps, the proposed budget wishes to "explore various other effective and fair methods of funding flood mapping efforts." Budget plan may possibly ... » Learn More about Budget plan may possibly have an effect on flood insurance
Bidding Wars to Get Hot This Spring
Likely to be a hallmark of this year’s spring home selling season: Bidding wars. As home listings are scarcer and buyer demand remains high, home shoppers are discovering considerably more competition this spring, particularly in hot markets such as San Francisco Bay area, Denver, and ... » Learn More about Bidding Wars to Get Hot This Spring
Single-family housing commences hit greatest point in A decade
Nationwide housing starts rose 3% February from an upwardly revised January reading, according to new data from the U.S. Department of Housing and Urban Development (HUD) as well as the Commerce Department. Single-family housing commences hit greatest point in A decade Single-family production ... » Learn More about Single-family housing commences hit greatest point in A decade