NAR: Realtors Critical to Opportunity Zones’ Affordable Housing
Opportunity zone laws create an ideal way to maximize profit when building affordable housing, but Realtors need to take the initiative and make it happen.
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Opportunity zone laws create an ideal way to maximize profit when building affordable housing, but Realtors need to take the initiative and make it happen.
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An investment-home owner with a month-to-month tenant sold the property and will close soon – but the tenant shows no signs of moving. What now?
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Homeowners often save hundreds of dollars a month by refinancing at today’s record-low rates, and a new fee that kicks in on Dec. 1 won’t make a big difference.
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NAR’s Business Issues Policy Committee narrowed down concerns to a “top 5” for 2021. At the top of the list is to protect a Realtor’s independent contractor status, followed by education on money-laundering efforts, real estate fraud and industry COVID-19 relief efforts.
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As a state, Fla. ranks third after New York and Nevada for mortgage application fraud – but it varies by metro area, with the South Fla. metro No. 3 nationwide.
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Pre-pandemic, a great home interior might override an iffy front yard – but today, many buyers won’t even risk an in-person tour if they don’t like the outside.
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NAR’s global network extends to 87 countries. New to the list: The Association of Estate Agents in Nigeria and Association of Real Estate Agents of Trinidad and Tobago.
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The pandemic tossed traditional “best time of year to buy a home” advice out the window. This year, low inventory and strong demand continue to drive the market.
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Cabin fever has led more Americans to look for … well, a cabin. An online listing site says interest doubled since 2019, and Google searches are up as much as 235%.
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Buyers saving money each month for a down payment may find the goalposts have moved. If home prices rise 5%, the amount of money they need to put down does too.
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