Author: coastalbrokerage

New changes from Fannie Mae/Freddie Mac in regards to interest rate changes

by Tim Hart – VanDyk Mortgage Some people have dubbed this the “Biden rule”, but this is really a change from Fannie Mae and Freddie Mac. Read More…Conventional loans are the only loan program that this has happened with. First step. It is for new mortgages only. Your existing mortgage will not be affected. Here’s […]

Circular Design Helps Homeowners Waste Less, Preserve More

REALTOR® Magazine Interior design experts unpack this future-minded design philosophy that centers on reducing waste. April 27, 2023 Design Trends By: Leandra Beabout The word “sustainable” is an all-encompassing idea that breaks down into many parts. It could refer to anything from a product made with environmentally-friendly materials to a lifestyle that minimizes one’s carbon footprint. […]

Happy Gopher Tortoise Day!

News Release – For Immediate ReleaseApril 10, 2023City of Sanibel, FLContact: Natural Resources Department (239) 472-3700 April 10, 2023 In 2016, the Gopher Tortoise Council adopted April 10th as Gopher Tortoise Day in Florida in order to increase awareness and appreciation for this protected species. The gopher tortoise is considered a keystone species (a species on […]

Housing Data Solidifies Broad Market Recovery

March 29, 2023 Being a Real Estate Professional By: Melissa Dittmann Tracey For the last three months, major market indicators, including contract signings, new construction and existing-home sales, have been turning positive. In another strong indication of a housing turnaround, pending home sales rose for the third straight month in February, the National Association of REALTORS® reported Wednesday. […]

Homeowners’ Zeal for Curb Appeal May Pay Off Handsomely

March 17, 2023 Remodeling, Design Trends By: Melissa Dittmann Tracey Demand for outdoor features has boomed since the start of the pandemic. These projects stand to earn the most at resale, according to a new survey. Many homeowners have turned their attention to enhancing their outdoor space since the pandemic began—and that may pay off at resale, […]

Federal Assistance For Hurricane IAN reaches 5.5 Billion

More than $4.5 billion in federal grants, disaster loans and flood insurance payments have been provided to the state of Florida and to households affected by Hurricane Ian. The Federal Emergency Management Agency has provided more than $647 million in housing assistance, while the Small Business Administration has given out $1.68 billion in disaster loans […]

Citizens Roof Coatings Clarification

CITIZENS GUIDELINESIn response to questions about roof coatings and sealants used with the intent to repair and/or extend a roof covering’s useful life, Citizens would like to provide the following information to assist agents with determining roof insurability under our underwriting rules. When a roof replacement is required, and a coating or sealant is used […]