A growing problem is preventing condominium owners from selling their properties. Many condos are being added to a “blacklist” by Fannie Mae due to the properties not having enough insurance or needing major repairs. If a condo is on this list, it’s significantly harder for prospective buyers to get a mortgage, making it nearly impossible […]
Real estate investors bought fewer homes in the fourth quarter of 2024, with purchases falling to the lowest level for any fourth quarter since 2016, according to a new report from Redfin.
Florida Gov. Ron DeSantis said that he wants to eliminate property taxes in the state. In a post on X, the governor said that taxing land/property “is the more oppressive and ineffective” form of taxation. “Property taxes are local, not state. So we’d need to do a constitutional amendment (requires 60% of voters to approve) […]