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The National Home Builder’s Association also said apartment and condo starts increased 6.9%.
Redfin also says rents are still rising in the Midwest, partly because out-of-towners are moving in to get more bang for their buck.
The law that applies to some foreign principals who own/acquire certain Fla. properties has registration deadlines. Buyers should speak to counsel about legal obligations.
Read about Florida’s best suburbs for city-like living and what makes them stand out among all others.
The decision to rent or buy is a personal one. Anyone trying to decide should consider many factors.
But, experts say, while the state’s property and casualty insurance market is seeing signs of improvement, it still has a way to go.
“Builders are reporting an uptick in traffic as some prospective buyers who previously felt priced out of the market are taking a second look.”
Making an offer? Received one? Don’t skim over the important parts about key dates and timeframes. Hint: If there is an asterisk near a contract page number, a blank on that page should be reviewed.
One condo owner offered to buy an additional parking spot from their neighbor who had two spots. Is that legal? And if so, is it smart?
NAR also said 2024 will see stronger sales activity, calling it great news for buyers and sellers.