FHA rules will change before Fannie, Freddie tackled NEW YORK – April 5, 2017 – While reform of the government-sponsored enterprises is expected by many, changes to the Federal Housing Administration (FHA) are expected more quickly. Republicans’ seizure of power in the House, Senate and White House has created a new political landscape that will... Read more »
S. Fla. office market robust but slowdown looming? Low interest rates, strong job growth and a dearth of construction have combined to create a prolific market for office building investments in South Florida over the past five years. But some real estate analysts predict the frenzy will fade in 2017, derailed by economics and a... Read more »
Homeowners must pay IRS taxes on Airbnb rentals If you’re driving for Uber or renting out a room through Airbnb to make some extra cash, don’t forget – you likely need to pay taxes on what you earned, even if it’s a part-time gig. Unlike full-time jobs where taxes are automatically withheld from every paycheck,... Read more »
Two Fed moves could push mortgage rates higher Interest rate hikes indirectly affect long-term mortgage rates – but a separate Federal Reserve move later this year could also push rates higher once it starts selling Treasury securities or mortgage bonds that the Fed bought during the recession to help ease the housing crisis. Federal Reserve... Read more »
About Bring the Garden Indoors by Forcing Tree Branches Winter is a time for rest and rejuvenation in the garden, so why not bring the garden inside? When brought indoors, cut branches burst into bloom. A contorted filbert tree makes a great candidate for forcing because of its winter silhouette of twisted branches and its springtime... Read more »
Quit claim deed scam easy to do, hard to fix Deborah Maxwell thought she did everything right when she bought the house on Chelsea Avenue. A nurse for 28 years, Maxwell bought the rental home from someone she trusted – her longtime insurance agent. Then one day in 2015, she discovered someone had seized ownership... Read more »
Fla. cities using tech to track down short-term landlords Doral is cracking down on short-term rental hosts as city officials budget for software that would uncover exact addresses of residents leasing out their homes on home-sharing sites like Airbnb and HomeAway. City staff is considering contracting with the company Host Compliance, which is used by... Read more »
NAR: Feb.’s pending home sales leap 5.5% Pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade, according to the National Association of Realtors®(NAR). All major U.S. regions saw a notable hike in contract activity last month. The Pending Home Sales Index –... Read more »
Will immigration reform impact Fla. real estate and buyers? Orlando real estate broker Rosana Almeida, who specializes in sales to international buyers, met with investors in Mexico last year, but said the business climate there isn’t ripe for a return this year. Potential buyers at a sales expo three months ago in Mexico City raised... Read more »
Federal wetland rules might be rescinded or changed President Donald Trump has signed an executive order mandating a review of an Obama-era rule aimed at protecting small streams and wetlands from development and pollution, fulfilling a campaign promise while earning the ire of environmental groups. The order, signed at the White House Tuesday, instructs the... Read more »