Blog - Susan Berk

Buying

How to Lend Money to Family Members

Lending money to adult children for a house can work well if you create a written agreement, charge interest and understand the risks. Gifting is another option. NEW YORK — Question: My son and daughter-in-law would like us to lend them money to make a down payment on a house. How do we do this, and […]
Homeownership

Homeowners Turn to Cheaper, Riskier Policies

Some Floridians are turning to lower-cost dwelling/fire insurance to save on premiums, but the limited coverage may leave gaps during major claims. TALLAHASSEE, Fla. — Stressed by rising home insurance prices? Some insurers and agents are offering a way for clients to save substantial amounts of money off their insurance premiums, and data shows more […]
Homeownership

Renovating on a Budget

The median home renovation spending has gone up 60% since 2020. Find ways to save money by creating and sticking to a budget and balancing DIY with contractors. NEW YORK — Renovations around the house require an investment of time and often considerable amounts of money. Findings from the 2024 U.S. Houzz & Home Study […]
Market Trends

Fla.’s Housing: Inventory Up, Median Prices Ease

Florida Realtors Chief Economist: Fla.’s single-family inventory is at a 5.3-months’ supply, suggesting it has moved out of a seller’s market into relative balance. ORLANDO, Fla. — In February, Florida’s housing market reported more inventory (active listings) and moderating median sales prices compared to a year ago, according to Florida Realtors®’ latest housing data. “Florida’s single-family […]