Florida is home to 35% of all flood insurance policies underwritten by the federal government. The National Flood Insurance Program, part of FEMA, has pushed back its planned changes to the program. The original effective date of Oct. 1, 2020, has been moved back one year to Oct. 1, 2021. Known as the Risk Rating[…]
A recent report by by the National Association of Realtors and American Public Transportation Association shows that homes and business within a half mile of transportation options sell for a higher price. Residential properties had 4% to 24% higher median sale prices between 2012 and 2016; commercial properties saw median sales prices per square foot[…]
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%[…]