Congress Approves Temporary Funding Bill

Last week’s approval ended the threat of a government shutdown until after the holidays and pushed a fight over the federal budget into January 2024.

Should Buyer Get HOA Credit After Villa Purchase?

RE Q&A: An estoppel found a small credit to the seller that the buyer reimbursed at closing; therefore, the HOA should honor the credit balance on the unit’s account.

New Home Lot Inventory Modestly Climbs Again

Zonda’s New Home Lot Supply index showed the U.S. lot supply loosened year-over-year in the 3Q. But Miami was in the top 3 for tightest lot supply among major markets.

NAR Focuses on Tax Policies, Sustainability

The BOD supports a tax policy proposal for a temporary tax credit for long-time owners of single-family homes to encourage them to sell their home to an owner-occupant.