Why is the inventory of for-sale homes so tight? A new analysis by Freddie Mac found that supply will meet demand only if the U.S. adds 3.8M new homes. The housing need now is 52% greater than it w...
How Many Homes Does the U.S. Need to Catch Up? Almost 4M
RE Q&A: Can HOA Shut Pool If One Resident Broke the Rules?
An HOA rule mandated that only tenants – no guests – could use the pool, and it shut down the entire pool for a day after someone broke that rule. Is that legal?
16 April 2021, 8:04 am by: kerrys
Could Vacant Commercial Buildings Become Affordable Housing?
The short answer seems to be yes – but without clear expectations for the commercial industry’s post-pandemic rebound, few investors are willing to commit yet.
16 April 2021, 8:04 am by: kerrys
March Home Starts Rebound After Frigid Feb. Drop
March housing starts rose almost 20%, and building permits, a sign of future activity, rose 2.7%. Lumber prices, which tripled in just one year, remain a major challenge.
16 April 2021, 8:04 am by: kerrys
That Suburban Homebuyer Could Be a Foreign Government
Some large, international commercial buyers have started to invest in single-family suburban homes, viewing them as less expensive than apartment building investments.
16 April 2021, 8:04 am by: kerrys
Fair Housing Month: NAR President Appeals for Unity
Realtors “can be a force for good and bringing people together,” NAR President Pres. Charlie Oppler said during a special program that honors Fair Housing Month.
16 April 2021, 8:04 am by: kerrys
Frustrated Homebuyers Ask Google for Help
In the past month, the question, “When is the housing market going to crash?” surged 2,450%, and “Why is the market so hot?” doubled over just one week.
15 April 2021, 9:04 am by: marlam
Mortgage Rates Fall Again – 30-year Loan Down to 3.04%
After two months of rising mortgage rates, they dropped lower for the second week in a row, with the average 30-year, fixed loan down to 3.04% from last week’s 3.13%.
15 April 2021, 9:04 am by: marlam
Proposed Zoning Change Could Encourage Affordable Home Builds
A proposed infrastructure plan would reward cities that change their zoning laws to allow more apartments and garage conversions in areas zoned for single-family homes.
15 April 2021, 9:04 am by: marlam
NAR Says 5 Fla. Realtors Are Now C2EX Ambassadors
The Commitment to Excellence (C2EX) program boosts industry professionalism. Ambassadors will promote the latest “C2EX Challenge” and work directly with other Realtors.
15 April 2021, 9:04 am by: marlam