Here in Florida, we’re land of the condominiums. Good news today for financing a condo. New FHA mortgage rules go into effect on Oct. 15, 2019 making it easier to buy a condo – especially first time buyers. The new rules specifically: Allow single-unit approval process. Extend condo project recertification from 2 to 3 years.[…]
The need for a home office is a trend that continues to grow. According to the U.S. Bureau of Labor Statistics, at least 24% of employed people in the U.S. worked from home at lease part of the time last year. In a survey of 23,000 home shoppers by John Burns Real Estate Consulting, 30%[…]
Orlando’s housing market in August saw an increase of 9% in year-over-year median price to $250,000. Inventory has gone down 2% over that same period of time.
Beware of rental homes posted on Craigslist. Scammers steal the information about a rental, including pictures, and set up their own advertising. They post the rental for a price that seems too good to be true, generally way under market rent, and they often ask for money up front before the potential renter has a[…]