South Florida Real Estate

How strict should U.S. water rules be? The issue has spanned three administrations, and the latest resolution to ease water rules failed with Biden’s second veto. WASHINGTON (AP) – Defending his administration’s actions on clean water, President Joe Biden on Thursday vetoed a congressional resolution that would have overturned protections for the nation’s waterways that … Read more

Rejecting lower-court decisions, the Fla. Supreme Court ruled that homeowners who rent out rooms within their property may lose part of their homestead exemption. TALLAHASSEE, Fla. – Rejecting lower-court decisions, the Florida Supreme Court on Thursday said a Sarasota man should not have received a homestead property-tax exemption for part of his house that he … Read more

A COVID-pushed trend, “functional décor,” has driven many people to put a sofa bed in their living room and convert little-used guest rooms for other functions. NEW YORK – A growing number of consumers prioritize “functional décor” as they spend more time at home. “Functional decor is about making your space work for you, your … Read more

Local zoning generally cedes more space to single-family homes than multifamily, HUD says, and it’s releasing new data that backs up recommendations for change. WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) released a new publication that summarizes the effects of zoning policies on housing supply, location and affordability. HUD says it’s … Read more

The stock for many major U.S. builders is up 20% so far as investors bank on it probably “crossing the valley from recession to potential recovery” in fall 2023. LOS ANGELES (AP) – Homebuilder stocks are on a tear as investors bet that a dearth of previously occupied homes on the market and moderating mortgage … Read more

Rather than just react to fair housing complaints, HUD plans to be more assertive via a program announced in Jan. This week, it extended the comment period to April 24. WASHINGTON – In January, the U.S. Department of Housing and Urban Development (HUD) proposed a new program called “Affirmatively Furthering Fair Housing” that would be … Read more

Commercial real estate remains strong in many areas of the country, and even in metros seeing a slowdown, it’s often considered “an opportunity” rather than “a catastrophe.” NEW YORK – American humorist Mark Twain is quoted as saying, “The reports of my death are greatly exaggerated.” The actual statement was that “the report of my … Read more

The pandemic pushed many city dwellers to the suburbs, and cities are still losing residents – but urban and small-town population growth is now relatively flat. ©Florida Realtors® Source link