Builders have struggled to overcome land scarcity and rising labor costs and materials. But a flood of homes will come on the market over the next 20 years as baby boomers age – enough to affect local economies in traditional retirement areas. The boomer generation, once 76 million strong in the U.S., dwarfed the 55 … Continue reading Study: Lots of Listings Coming as Baby Boomers Age
Renting a place to live may give you the freedom to move when you want and relieve you of the responsibilities of homeownership, but at some point, most people yearn for their own home. Buying a house is a good way to start building financial security. As you pay down the mortgage, you build up … Continue reading 8 Signs a Buyer Is Ready To Stop Renting
Question: Several years ago, I signed a contract to buy a new construction condo unit. I have made all the required deposits, and we are six months from closing. I found out I have to relocate for my job. What can I do? – Don Answer: Many things can happen between signing a contract for … Continue reading How Can I Get Out of a New Construction Condo Contract?
Real estate agents are particularly vulnerable when it comes to getting sued. With tons of details, multiple clients and valuable properties, it’s all too easy for things to slip through the cracks. Even the slightest mistake could end up costing you a lot of money, a lot of stress and worst of all, tarnish your … Continue reading See you in court! 10 ways agents typically get slapped with lawsuits
SAN FRANCISCO – To address a growing use of off-MLS listings, the National Association of Realtors® (NAR) Board of Directors voted 729-70 to approve a new rule affecting off-MLS listings, saying they must be submitted to the MLS within one business day after first marketing them to the public. The policy passed at the Board of Directors … Continue reading NAR Board Approves MLS ‘Clear Cooperation Policy’
ORLANDO, Fla. – Dear Anne: My listing agreement with a seller is for six months, but this seller and I had a falling out three months into the listing. Advertising this property did not come cheap, and the cancellation fee would enable me to recoup my expenses, but the seller was unreasonable and refused to pay … Continue reading Dear Anne: What Does ‘Withdrawn’ Really Mean?
Question: Is our condominium association responsible for what is behind the walls? We have a pipe running from our air handler to the condenser that they say I am responsible for replacing due to a leak. It is a four-story building, and I’m on the ground floor, so it is a very long line. – … Continue reading Who Fixes the Pipe Behind a Condo Wall?