Florida Real Estate News
Top return on investment? Smaller remodeling projects
Thu, 20 Apr 2017 15:08:29 +0500
Appraisal Institute research finds that homeowners who want a remodeling project to return as much money as possible at closing should opt for smaller projects. A limited kitchen redo, for example, returns a higher percentage of the cost.
Is it worth suing a rogue condo board president?
Thu, 20 Apr 2017 15:07:35 +0500
Real estate QandA: If a condo board president violates statutory provisions and community rules, and responds to complaints with "Just sue me," should we?
Tiny houses: Homeless salvation or a dead end?
Thu, 20 Apr 2017 15:06:43 +0500
Wooden cabins euphemistically referred to as tiny houses are increasingly viewed as a solution to homelessness and, with little debate, expanding across the U.S.
Mortgage rates drop below 4%
Thu, 20 Apr 2017 15:11:11 +0500
Rates that surged shortly after the presidential election have surprised experts by dropping again. This week's average FRM, 3.97%, is the lowest since Nov. 2016.
Major changes coming to credit score calculations
Wed, 19 Apr 2017 14:45:57 +0500
The changes, however, might not help mortgage borrowers since Fannie Mae and Freddie Mac still require a FICO score for eligibility.
Ohio first state to ban plywood on empty homes
Wed, 19 Apr 2017 14:38:04 +0500
Nothing says "empty house" more than plywood on windows, and while Fannie Mae already mandates Plexiglas, Ohio became the first U.S. state to make it mandatory.
Small nest egg, big dreams? Retirement home tips
Wed, 19 Apr 2017 14:35:17 +0500
Many Americans view "retirement home" as the final reward – the goal of a lifetime. But the decision is complex, and many retirees can't afford their "dream."
Facebook could allow buyers to virtually stage listing
Wed, 19 Apr 2017 14:33:10 +0500
An augmented reality project could one day allow buyers to see a listing virtually furnished the way they want by holding up a phone as they walk through rooms.
Is your phone or iPad ill? 4 signs of a virus
Wed, 19 Apr 2017 14:25:52 +0500
It's not just computers: Hackers can also infect phones with viruses and iPhones are vulnerable too. These four symptoms suggest that you could have a problem.
Investing: What traits maximize home value increases?
Wed, 19 Apr 2017 14:42:04 +0500
A home's value generally appreciates 3%-4% yearly, but a small, two-bedroom home with an open floor plan has three traits that can spark higher price increases.
NAR-backed safety device wins on 'Shark Tank'
Tue, 18 Apr 2017 14:34:16 +0500
A one-push device that makes it easy for Realtors to summon help will receive $100K from real estate guru Barbara Corcoran in exchange for 18% ownership.
Survey: Flood insurance reforms have bipartisan support
Tue, 18 Apr 2017 14:38:46 +0500
Lawmakers may disagree, but a survey of voters found strong support for flood insurance upgrades, including conservation buyouts and local mitigation efforts.
Forget millennials: Gen X driving today's market
Tue, 18 Apr 2017 14:40:48 +0500
Today's 37-51 year olds missed out on housing during the recession, but the Gen Xers who couldn't afford homes when the economy tanked are still interested – and many who did buy before values fell are emerging from underwater.
Housing starts fell in March – but no big deal
Tue, 18 Apr 2017 14:41:58 +0500
Starts fell 6.8% last month, but they're 8.1% higher for the first quarter. Analysts think a mild winter may have boosted Jan.-Feb. and dinged March results.
Supreme Court rejects floating home appeal
Tue, 18 Apr 2017 14:30:59 +0500
A 2013 Supreme Court ruling clarified whether a houseboat is a "house" or a "boat," but the Fla. man who prevailed won't receive compensation for his losses.
Common real estate slip-ups retirees make
Mon, 17 Apr 2017 14:16:03 +0500
People on the cusp of retirement often make decisions based on lifestyle and need. Many fail to consider finances and appealing choices could also be expensive.
Turn your phone into a movie camera
Mon, 17 Apr 2017 14:13:38 +0500
Videos jiggle when recorded on a phone, making most virtual tours look like amateur productions. But tools can steady shots and turn phones into movie cameras.
Keys to running a family business
Mon, 17 Apr 2017 14:22:47 +0500
For many Fla. brokers, real estate is a family business, but "family" and "business" operate under different rules. It helps if everyone understands their role and agrees not to allow family dynamics interfere with business decisions.
More owners opting for a cash-out refi mortgage
Mon, 17 Apr 2017 14:24:32 +0500
45% of homeowners who refinanced in 4Q 2016 borrowed more money than they owed. The last time cash-out refis surged was during the pre-recession boom.
Will there be too few appraisers in 10 years?
Thu, 13 Apr 2017 15:07:34 +0500
With a current median age of about 55, many appraisers may retire in the next decade. Few new ones are being trained due to issues like a double workload.