A squatter occupies a property without legal permission and may gain rights through adverse possession if the owner neglects the property. In New York, a squatter can become a tenant after 30 days of continuous occupation. Eviction can take months, prompting some owners to offer cash for squatters to leave. State laws on squatting and adverse possession vary, and property owners should regularly inspect...
Real Estate & Mortgage News
Homes listed between April 13-19 can sell for $27,000 more and close nine days faster. Listings that week get 17.7% more views, increasing visibility and attracting more competitive offers....
Home prices are increasing rapidly in the Midwest, with Milwaukee, Detroit, and Cleveland seeing significant median home-sale price rises. In contrast, Texas and Florida experienced the largest price declines due to higher supply. Nationwide, median home prices rose 3% year-over-year to about $425,000, while pending sales fell over 6%, the largest drop since September 2023. The typical home was on the...
Florida's property tax debate heats up, with discussions on major changes and potential ballot proposals. Gov. DeSantis supports tax cuts, while lawmakers propose expanding the homestead property-tax exemption by 2026....
One of the biggest advantages of buying before selling is the ability to house hunt at your own pace, from the comfort of your home, without the pressure of a looming sale. Continue to full article...
Homes listed in late July in Miami sell for 2% higher prices. This means a typical Miami home can net an extra $11,500 if listed late July....
Florida lawmakers propose a comprehensive study before deciding property tax changes, aiming for voter approval in November 2026. Proposals suggest increasing homestead exemptions up to $75,000 or even $100,000 to reduce property tax burdens....
Recent housing data indicates a slow start to 2025, but falling mortgage rates have sparked cautious optimism for the spring sales season. Mortgage rates have decreased for seven consecutive weeks, encouraging potential homebuyers. Rising inventory levels may also boost the market. Despite a 4.6% drop in the Pending Home Sales Index in January, economists believe the spring could bring new momentum,...
Florida housing inventory reached record highs in Mid-Q1, with a 34% increase yearly. St. Petersburg saw a dramatic 164% surge in housing inventory, offering buyers more options....
Many Florida homeowners struggle to find affordable home insurance, often relying on Citizens, the state's insurer of last resort. Rising costs are attributed to frequent natural disasters and litigation expenses. Top-rated insurers include Amica and Chubb, both noted for customer satisfaction and coverage options. The average annual cost of homeowners insurance in Florida is $2,625, significantly...