Real Estate News
Friday, January 27, 2023
Prices didn’t stop rising in 2022, increases just slowed. U.S. sellers averaged a $112K profit, up 21% – and eight of the top investment returns were in Fla. metros.
Friday, January 27, 2023
The Florida Realtors-backed program funded with $100M has so far helped 3,500 teachers, police, ENTs, vets and others achieve the American dream of ownership.
Friday, January 27, 2023
Pending home sales rose for the first time in six consecutive months, thanks in part to lower interest rates. Economist Yun says home sales’ low point “is likely over.”
Friday, January 27, 2023
While the phrase “not out of the woods yet” is still used, Redfin economists say the market probably hit its cycle-low trough the second week of Nov. 2022.
Friday, January 27, 2023
Goldman Sachs 2023 prediction includes a 2008-type housing crisis, but only in four U.S. cities it considers “overheated”: San Jose, Austin, Phoenix and San Diego.
Friday, January 27, 2023
Some attorneys see a downside to people spending more time at home during the pandemic, saying they’ve seen a lawsuit increase over fences, trees, borders and more.
Thursday, January 26, 2023
Sen. Pres. Kathleen Passidomo’s legislation would nix rent control policies, add $100M for hometown heroes and “tackle this complex issue from all angles.”
Thursday, January 26, 2023
It’s a slight drop from last week’s average of 6.15%, but it signifies a continued slow retreat by rates that hit an apparent high-water mark of 7.08% last fall.
Thursday, January 26, 2023
NAR responded to the White House rental program by suggesting other solutions, such as grants, and warning that policies can drive housing providers from the market.
Thursday, January 26, 2023
In 2022, new-home sales were down 16.4% compared to 2021, but falling mortgage rates have pushed sales higher recently. In Dec., they were up 2.3% month-to-month.
Thursday, January 26, 2023
Federal pandemic bills include funding to help at-risk owners avoid foreclosure, but many states’ delivery programs are sluggish, says Jacksonville Legal Aid rep.
Thursday, January 26, 2023
Realtors sometimes try to “sell themselves” by answering questions quickly, but listening and secure self-awareness work better than rapid-fire responses.
Wednesday, January 25, 2023
The extensive blueprint creates changes via DOJ, HUD, FHFA, FTC, CFPB and others. Builders say it could be worse, but the “order is the wrong strategy.”
Wednesday, January 25, 2023
In Oct., Fannie Mae’s sentiment index hit a record low, but it rose in Dec. due to increased expectations that mortgage rates and home prices may decrease.