The U.S. Census Bureau created an interactive map that shows – by nation, state and county – private-housing building permit data for 2018-2022. WASHINGTON – The U.S. Census Bureau has created its first-ever interactive map of national, state and county building permit data. The map covering 2018 to 2002 has been posted online. To find … Read more
MIAMI – Nearly everything in Robert Burr’s house is solar-powered. Solar-powered pumps burble water through fountains and bird feeders in his yard, which at night is lit by the glow of 125 solar-powered lights. On his roof, an array of 39 solar panels power his house and charge the electric car parked in his garage. … Read more
Home inspectors’ automated valuation models (AVMs) need quality-control to keep historic discrimination out, the agencies say. They’re currently accepting comments. WASHINGTON, D.C. – Six federal regulatory agencies issued a request for public comment on a proposed rule they say will “ensure the credibility and integrity of models used in real estate valuations.” The proposed rule … Read more
The 30-year mortgage rate moved closer to the 7% range, but most experts still predict wobbling rates in the upper-6% range. FORT LAUDERDALE, Fla. – With home prices in South Florida still on the rise, the ebb and flow of mortgage rates is making the market tricky for buyers and sellers. Mortgage rates reached 6.9% … Read more
What data does FEMA use to calculate flood insurance costs? La. wants to know if it considers flood-protection mitigation, such as a house raising or nearby levees. NEW ORLEANS (AP) – Louisiana and nine other states filed a lawsuit against the federal government Thursday to block sharp increases in national flood insurance rates that are … Read more
Mark T. Pease with Florida Housing is hosting four webinars to help Realtors understand recent changes to a program that helps community-support workers buy a home. TALLAHASSEE, Fla. – The “Live Local Act” passed during the 2023 session of the Florida Legislature made some changes to the state’s Hometown Hero Program, including an expansion of … Read more
Help Florida Realtors recognize the impact homeownership has on people’s lives and local communities. Spread the word and celebrate the month. ORLANDO, Fla. – Florida Realtors®, along with Realtors® in the Sunshine State and across the U.S., celebrate June as National Homeownership Month. The recognition acknowledges the importance of owning a home and the impact it … Read more
If a Broward County homeowner signs up for “Owner Alert,” they’ll receive a text message any time a deed is filed on their property claiming ownership. FORT LAUDERDALE, Fla. – With no time to spare, Broward homeowners who want instant alerts of any change in their property status to guard against fraud can now sign … Read more
FHA’s foreclosure-prevention options don’t work as well thanks to higher interest rates, so it’s taking comments about a proposed “Payment Supplement Partial Claim.” ©Florida Realtors® Source link
Growing fears of another Fed interest rate hike and debt-ceiling talks pushed the average 30-year, fixed-rate loan closer to 7%. Last week it was 6.57%. LOS ANGELES (AP) – The average long-term U.S. mortgage rate climbed this week to its highest level since November, driving up borrowing costs for would-be homebuyers at a time when … Read more
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