Real Estate News
Thursday, June 8, 2023
The 30-year, fixed-rate mortgage hit a seven-month high last week after three straight increases, but fear of more increases eased after this week’s mortgage survey.
Thursday, June 8, 2023
The Florida Legislature has taken steps to reduce insurance litigation, and it may be helping. The Fla.-operated “insurer of last resort” saw a decrease in 1Q lawsuits.
Thursday, June 8, 2023
NAR’s Realtors Property Resource and Florida Realtors now offer commercial info and research via the RPR app and website – more than 1M commercial listings.
Thursday, June 8, 2023
During the Great Recession, lenders charged-off second-mortgages and sold them to investors, who are now demanding payment from surprised homeowners.
Thursday, June 8, 2023
Middle-income buyers can afford 23% of current listings; 5 years ago, they could afford 50%. Households making up to $75K need more homes at $256K or below.
Thursday, June 8, 2023
Google Ads’ tools give marketers leeway, and some think combining two of those tools provides the strongest results when marketing online.
Wednesday, June 7, 2023
The percentage of U.S. cash sales in April hit its highest level since 2014. In Fla., it ranges from 35.1% in Orlando up to 53.6% in West Palm Beach.
Wednesday, June 7, 2023
Canadian tourists are returning to Fla. as COVID and visa problems fade away. The number of visiting Canadians has hit pre-pandemic levels in the past few months.
Wednesday, June 7, 2023
A study finds that institutional investors keep many Atlanta residents from becoming homeowners and building wealth, with Black residents affected most.
Wednesday, June 7, 2023
While most observers believe the Fed will keep interest rates steady at its meeting next week, they heatedly discuss if it’s a pause to study things or a one-time skip.
Wednesday, June 7, 2023
A roster of disasters can disrupt business operations, and it’s too late to start planning if a storm is two days out. Analyze current insurance coverage to start.
Wednesday, June 7, 2023
Every buyer should be warned upfront about potential wire scams related to closing, but agents should warn customers about other potential scams too.
Tuesday, June 6, 2023
Has Erica given you banking advice, as in Bank of AmERICA? The U.S. consumer bureau is worried about AI chatbots doing increasingly sophisticated tasks.
Tuesday, June 6, 2023
The state-run “insurer of last resort” has seen its number of policies surge to 1.3M, but it plans to move up to 26K of those to private companies later this summer.