Can condo owner install camera to monitor entrance?

29 Mar

Herold

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Install camera to monitor entrance’ activity Question: Can an owner install a security camera to monitor his entrance area in a condo complex and can the board approve this as an agenda item? – K.T., Jensen Beach Answer: It depends on the governing documents for the condominium. Generally, an owner has no right to modify... Read more »

Do you know when is a credit score not a credit score?

29 Mar

Herold

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When is a credit score not a credit score? The Consumer Financial Protection Bureau (CFPB) took action against Experian and its subsidiaries for deceiving consumers about the use of the credit scores it sold to consumers. Experian claimed the credit scores were used by lenders to make credit decisions, but lenders didn’t use Experian’s scores... Read more »

What is the Best U.S. markets for buying and selling single-family rentals in 2017

27 Mar

Herold

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Best U.S. markets for buying and selling single-family rentals in 2017 ATTOM Data Solutions has released its Q1 2017 Single Family Rental (SFR) Market report, which ranks the best U.S. markets for buying single family rental properties in 2017. The report analyzed single family rental returns in 375 U.S. counties each with a population of... Read more »

Why does new home sales rise despite higher mortgage rates?

24 Mar

Herold

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U.S. new home sales rise despite higher mortgage rates Americans shrugged off higher mortgage rates and snapped up new homes in February at the fastest pace since July. The Commerce Department says new home sales rose 6.1 percent last month to a seasonally adjusted annual rate of 592,000. That is nearly 13 percent higher than a year... Read more »

How can homebuyers create a budget and then spend more

23 Mar

Herold

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Homebuyers create a budget and then spend more ATLANTA – March 22, 2017 – A study of 1,200 consumers considering a home purchase this spring found common theme: They’re all stressing over the process. The study done by Ebiquity and commissioned by owners.com found that 72 percent of potential homebuyers expect stress in the homebuying... Read more »

Why Fla.’s housing market continues to see rising prices in Feb.

23 Mar

Herold

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Fla.’s housing market continues to see rising prices in Feb. Florida’s housing market continued to report a tight supply of homes for sale and rising median prices in February, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide remained relatively flat last month, totaling 18,033, down only 0.5 percent... Read more »

Do you think rising mortgage rates be good for housing

23 Mar

Herold

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Could rising mortgage rates be good for housing? The Federal Reserve is finally taking more action to raise its short-term rates. Last week, it voted to raise the Fed funds rate by 25 basis points. That is expected to add pressure to mortgage rates, too. Many housing analysts fear that rising mortgage rates could further... Read more »

Could Bidding wars work to heat up this spring?

22 Mar

Herold

1767 0

Bidding wars to heat up this spring Likely to be a hallmark of this year’s spring home-selling season: Bidding wars. As home listings grow scarcer and buyer demand remains high, home shoppers are finding a lot more competition this spring, particularly in hot markets like the San Francisco Bay area, Denver and Boston. “Home buyers... Read more »

What are the top buyer/ seller regret about not prepping soon enough?

21 Mar

Herold

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Top buyer/seller regret? Not prepping soon enough The spring home-buying season could be one of the most competitive in recent history as listing inventory remains tight and mortgage rates appears to be going up. In a survey of 13,000 recent home buyers and sellers, the top regret for both focused on preparation: They didn’t start... Read more »

What are the new weapon in Airbnb battle?

21 Mar

Herold

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New weapon in Airbnb battle: Nixing the homestead exemption Miami-Dade homeowners frequently renting stays to Airbnb customers risk losing their homestead exemptions, according to a new advisory from the elected property appraiser – the latest example of the popular “home sharing” service dividing the county’s political establishment. A one-page flier prepared by the office of... Read more »