Dear Shannon: I am a passionate broker with a focus on helping buyers. I’m also an outstanding negotiator, and, almost every time when I represent buyers, I can get their offer accepted below list price. When I market my services, I advertise this guarantee of savings and encourage buyers to purchase with representation. My […]
ORLANDO, Fla. – Starting October 1, 2024, there is a new flood disclosure requirement in Florida. Florida Statute 689.302 requires a seller to complete and provide a flood disclosure to a buyer of residential real property. This disclosure must be done at or before the time of a contract being executed. Sellers will need […]
ORLANDO, Fla. – A buyer will often review a purchase and sale agreement and sketch out a timeline of critical deadlines like making the deposit, applying for a loan, conducting inspections and so on. However, to understand the contract more deeply, it’s helpful to understand what happens if that timeline is disrupted and there’s […]
IRVINE, Calif. – ATTOM has released its July 2024 U.S. Foreclosure Market Report, which shows there were a total of 31,929 U.S. properties with foreclosure filings default notices, scheduled auctions or bank repossessions – up 15% from a month ago and up slightly by 0.2% from a year ago. “July’s foreclosure activity reflects a […]
News & Media TALLAHASSEE, Fla. – Today, Aug. 30, 2024, marks the one-year anniversary of Hurricane Idalia crashing into North Florida. Earlier this week, the federal government said the National Flood Insurance Program paid $372 million in claims from the storm. The Federal Emergency Management Agency said in a news release that the flood […]
TALLAHASSEE, Fla. – Trying to quell a bipartisan uproar, Gov. Ron DeSantis said Wednesday that “half-baked” plans to bring golf courses, resort-style lodges and pickleball courts to state parks will be revamped. DeSantis said the Department of Environmental Protection will gather more public input before it could move forward with what is dubbed the […]
WASHINGTON – Pending home sales in July retreated 5.5%, according to the National Association of Realtors®. All four U.S. regions posted monthly losses in transactions. Year-over-year, the Northeast rose while the Midwest, South and West registered declines. The Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on contract signings […]
REHOBOTH BEACH, Del. (AP) – The Treasury Department has issued regulations aimed at making it harder for criminals to launder money by paying cash for residential real estate. Under rules finalized Wednesday, investment advisers and real estate professionals will be required to report cash sales of residential real estate sold to legal entities, trusts and shell companies. The requirements […]
News & Media By Alex Veiga McLEAN, Va. – The average rate on a 30-year mortgage eased for the second week in a row and remains at its lowest level in more than a year, good news for prospective homebuyers facing home prices near all-time highs. The rate fell to 6.35% from 6.46% last […]
News & Media NEW YORK – High home prices and mortgage rates have frustrated potential home buyers, discouraging them from buying property. Orphe Divounguy, a senior economist at Zillow, says that first-time buyers “are essentially renters” who saw housing costs rise 33% during the pandemic and wages stay the same. Many renters are currently […]
NEW YORK – Saving isn’t always easy, but it pays off over time. It’s especially useful to have a solid savings foundation in place to protect yourself against economic uncertainty. And with the unemployment rate surging to 4.3% in August, the road ahead looks potentially rocky. But how do you save more when money […]
GAINESVILLE – Housing policies may be becoming more pet inclusive, but housing insecurity is getting worse, finds a new study that examined the housing issues that led to owners turning their pets over to an animal shelter. “Over the duration of the study, instances of animals entering shelters due to loss of housing rose, […]