The city of Gainesville has passed some new legislation regarding rental housing that has citizens on both sides of the issue speaking out.
The City Commission decided last week to install an array of safety regulations and energy standards for local rental properties. The ordinance also forces landlords to pay for a permit and frequent examinations of the rental unit. The vote to pass the ordinance was unanimous, sans City Commissioner Gigi Simmons.
The city of Gainesville has been eyeing a project to build University of Florida student housing on the east side of town, but they may be eyeing it a little longer than initially thought.
Two weeks ago, the Gainesville City Commission voted to instruct Gainesville officials to draw up a moratorium to push back development of major residential and commercial buildings. The moratorium would affect several different neighborhoods, including Pleasant Street, Porters and Duval. The specific length of the moratorium was not finalized in the vote.
Hotel Eleo at the University of Florida has opened for business.
Located adjacent to UF Health Shands Hospital, the $32 million structure opened its doors last month after requiring 20 months of construction. The hotel consists of 173 rooms, and at present, rates appear to range from $120 to $200 per night. Guests must valet park for $15 per day.
The Gainesville retail landscape is rapidly changing due to a combination of mass development and the novel coronavirus. Now, a business named after the city's most famous landmark has closed its doors- at least for the time being.
Slowly but surely, life continues to return closer and closer to normal in Gainesville. The latest such sign: as local businesses begin to reopen their doors, a national chain has announced that it is mere days away from joining the Gainesville retail scene.
After taking thorough sanitation measures to combat COVID-19, the Florida Museum of Natural History is finally open for business once again. “We’ve done lots of deep cleaning in the museum — we don’t often have a chance to do that because we are open 352 days a year," Darcie MacMahon, director of exhibits, told Gainesville.com.
Even during the COVID-19 outbreak, real estate transactions go on. Buyers and sellers still
need to move, and the industry is looking for new ways to accommodate both the needs of
the transaction and, of course, the safety of everyone.
Many traditional real estate activities can be performed virtually...
According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners looking for eager buyers can take advantage of this opportune time to sell as well.
There’s a very positive outlook on interest rates going forward, as the projections from the FreddieMac report indicate continued lows into 2021:
“Going forward, we forecast the 30-year fixed-rate mortgage to remain low, falling to a yearly average of 3.4% in 2020 and 3.2% in 2021.”
With mortgage rates hovering at such compelling places...
Today, data came out that showed mortgage purchase applications up 20% year over year. The graph is pretty incredible - it shows the stark slowdown and then a fast snapback.
Technology is helpful in so many areas of life, even real estate. Twenty years ago, if someone
were moving across the country, they'd have to wait to buy a house until they arrived to start
their new life, or they’d have to buy a home without seeing it in person beforehand. Both options
would cause extra unwanted stress on top of moving to an unfamiliar place. Luckily, with the
rise of technology, virtual tours are here to save the day!
Since the IRS extended tax deadlines due to COVID-19, people are still receiving their tax returns through the next couple of months. Read about how they can support your homeownership dreams!
Saving money each month toward a long-term goal is increasingly difficult for
most people. Even committed savers can get thrown off track when unexpected
problems or opportunities arise. It can be difficult to envision how $200 a month
can add up to a new home...
During a time when so many people are hunkering down at home, it can be challenging to keep
a tidy house, especially when you have kids, pets, and other adults living in the same space. It
can be stressful and overwhelming at times, trying to find a balance of keeping everything
organized and clean while maintaining one’s sanity. There are a few tips to help keep your
house in order while everyone is home, and while you have some downtime to knock out some
much-needed organization projects.
The coronavirus pandemic has thrown a stick in the spokes of real estate, so to speak, but the market impact thus far probably isn't what you think.
It's been difficult to adjust to a new normal during the past few weeks. With most residents being
asked to stay at home, there are many who have recently lost their jobs or been asked to work
remotely. The mortgage industry has also taken a big hit that has directly affected homeowners,
renters, and investors alike...
During the past couple of months, families have been asked to stay at home. It can be
challenging to keep everyone entertained when we aren’t able to go out of the house except to
work in essential jobs, enjoy fresh air, and get groceries. Luckily, there are plenty of fun
activities that the entire family can do together at home...
Medical Students at the Universityof Florida have created a website known as 6ftcloser that gives the community the opportunity to post comments or videos thanking health care workers for putting themselves at risk to help others.
Hospitals across the nation have become overwhelmingly unprepared due to their lack of medical equipment, so lab teams at the University of Florida along with the help of oother private companies have teamed up to provide the necessary equipment.
New construction home developments have sprung up across the country. They show
beautiful new designs in both living spaces and exterior details. It’s appealing to have the
ability to choose your flooring, countertops, cabinets, lighting, and other features—moving
into a home no one has ever lived in. Yet, there are also good reasons to consider a resale
home as well.
Despite the closing of many big state parks in Florida, many provately-owned and city-owned parks will remain open to the public. Places like Sweetwater Park, Broken Arrow Bluff Nature Park, and many others welcome individuals to get out of the house to enjoy nature while maintaining social distancing and other CDC guidelines.
Despite the recent spread of COVID-19 throughout Florida, local Gainesville businesses are finding new and creative ways to not only stay open, but give back to their communities. Businesses and volunteers are coming together to support one another using technology, donations, and new ideas.