When H.R. 3700, the "Housing Opportunity Through Modernization Act," was signed into law earlier this year, the Department of Housing and Urban Development (HUD) had 90 days to weigh in on regulations related to Federal Housing Administration (FHA) financing for condominiums before changes ... » Learn More about Challenge remains regarding FHA condo financing
2017
Sellers, exactly what are you thinking?
Here in the Tampa Bay Area, we are in what we call a sellers market. We have less than 6 months worth of inventory right now. (more than 6 months would be considered a buyers market). Market research within our MLS Shows that homes priced accordingly are selling around 98% of list price. Which in ... » Learn More about Sellers, exactly what are you thinking?
Household spending in Florida has jumped
Remember frugal Florida? It’s disappearing fast. Household spending jumped 5% Florida this past year, the biggest surge in the United States, according to government data released Tuesday morning. The next-highest increases came in Oregon and Colorado, both up 4.9 %. Household spending in ... » Learn More about Household spending in Florida has jumped
White House Urges More cost-effective Housing
The White House made a push to states and municipalities to relieve the red tape in order to pave the way for the growth of more affordable housing. White House Urges More cost-effective Housing "The accumulation of state and local barriers to housing development - including zoning, other ... » Learn More about White House Urges More cost-effective Housing
Things buyers should never say during a home tour
While it may be tempting for buyers to say what’s on their mind throughout the house hunt, we encourage ours to pause for a second. There are certain things home-buyers shouldn't say on the fly. Others could possibly be listening. Listing agents, sellers, neighbors all have motives to keep tabs ... » Learn More about Things buyers should never say during a home tour