DOJ Information on ADA Website Accessibility Good morning! On Friday, March 18, 2022, the Department of Justice published information (click here) on web accessibility and the Americans with Disabilities Act (ADA). The DOJ does not provide a regulation setting out detailed standards, but has a new webpage with information about how state and local governments… Continue Reading NAR on USDOJ and Your Website and ADA
Guidance on Web Accessibility and the ADA | Beta.ADA.gov https://beta.ada.gov/web-guidance/ Guidance on Web Accessibility and the ADA This guidance describes how state and local governments and businesses open to the public can make sure that their websites are accessible to people with disabilities as required by the Americans with Disabilities Act (ADA). Learn more about… Continue Reading USDOJ on Website ADA
NAR and SCR were alerted to complications in deals with common ownership caused by 2022 updates to Freddie and Fannie procedures to help prevent safety issues resulting from common ownership of real estate with significant deferred maintenance. The new Freddie/Fannie procedures are risk management procedures that have resulted from the condo collapse in Florida (e.g.,… Continue Reading ALERT: 2022 Freddie/Fannie Procedures Update After Fla. Condo Collapse (Surfside)
Housing Affordability Conditions Wane in January 2022 At the national level, housing affordability fell in January compared to the previous month, and the monthly mortgage payment increased by 3.4%. By: Michael Hyman Powered by WPeMatico
Instant Reaction: Retail Trade Sales, March 16, 2022 Retail sales recorded a seasonally adjusted total of $658.1 billion in February, an increase of 0.3% from January 2022. By: Brandon Hardin Commercial & Investment Real Estate, Retail Properties Powered by WPeMatico
The SCR310 residential resale contract addresses property taxes in Section #22 Adjustments: 22. ADJUSTMENTS: Buyer and Seller agree to settle or prorate, annually or as appropriate; as of Closing Date: (A) utilities and waste fees issued after Closing which include service for time Property was owned/occupied by Seller (B) real estate taxes and owner association… Continue Reading Buyers Talk to Tax Experts (e.g., lawyers, accountants) about Minimizing Property Taxes
By Patti Davila Like many of the world’s citizens, the last two and a half years have been tough for me, to say the least. My husband Jozay and I lost work and we lost a family member in this COVID-19 era. We were forced to postpone our careers as musicians who traveled the globe… Continue Reading The ‘Singing Agent’ Commands the Real Estate Stage, Too
Florida Has the Highest Share of Cost-burdened Renters Apartment asking rents are rising at a double-digit pace in 35% of 390 metro areas, according to NAR's analysis of asking rent data in those... By: Scholastica (Gay) Cororaton Rental Properties Powered by WPeMatico
Distribution of Housing Wealth Across Income Groups High-income homeowners accounted for 71% of increase in value of owner-occupied housing from 2010 through 2020. By: Scholastica (Gay) Cororaton Powered by WPeMatico
Instant Reaction: Mortgage Rates, March 10, 2022 Mortgage rates rose this week as inflation jumped to its highest level since January 1982, with the 30-year fixed mortgage rate increasing to 3.85%. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico