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New Home Sales Mostly Unchanged in October

Published November 25, 2020

Commerce Dept.: Oct. new-home sales changed little from seasonally adjusted Sept. numbers, but they’re still 41.5% higher than they were one year ago.


What Will the New Post-Pandemic Normal Look Like?

Published November 25, 2020

Businesses plan for the future, but the pandemic presented a challenge: Will it be largely gone by summer? If so, a Harvard University study outlines likely changes, and researchers predict which pandemic changes will fade away – and which will probably stay.


CoStar Buys Real Estate Software Platform Homesnap

Published November 25, 2020

The all-cash $250M deal enables CoStar to market combined commercial and residential products like advertising to brokerages that operate in both real estate sectors.


Demand for Fencing Skyrockets as Owners Seek Privacy

Published November 25, 2020

If fences make good neighbors, there are a lot more good neighbors out there. Lumber costs have gone up, but many buyers want “toppers” to make an existing one higher.


Number of Fla. Homes Behind on Rent or a Mortgage? 51%

Published November 25, 2020

Census Bureau: Fla. has more people struggling with housing costs than any other state. More than half in a survey think eviction or foreclosure is "somewhat likely."


3 Fla. Metros in Top 20 for Sales of New Homes

Published November 25, 2020

New home construction is up 8.6% year-to-year, with Jacksonville, Orlando and Tampa three of the top 20 U.S. metro areas for new-home sales.


Are REALTORS® Sold on "Selling Sunset?"

Published November 24, 2020

Are REALTORS® Sold on "Selling Sunset?" Going behind the scenes of the luxury real estate business, the reality show has been a hit during in the pandemic among largely homebound viewers. By:  Emily Swenson


The Latest Must-Have Buyer Demand? Friendly Neighbors

Published November 24, 2020

The pandemic forced a lot of people to appreciate the benefits of a good neighborhood, and more are penciling that in as a shopping list must-have.


Inability to Pay Rent and Loans Now Affecting Banks

Published November 24, 2020

Small community banks dependent on commercial RE and small biz loans feel added stress from COVID-19; 2 banks failed in Oct., including 1 in Fort Walton Beach.


Case-Shiller: Home Price Increases Picking Up Speed

Published November 24, 2020

Prices rose 6.6% year-to-year in Sept., the biggest increase since April 2018, thanks to still-strong buyer demand and record-low interest rates.


U.S. Borders with Canada, Mexico Remain Closed Through Dec. 21

Published November 24, 2020

Don’t get hopes up for cross-border holiday travel. With the pandemic apparently escalating, the borders aren’t expected to open anytime soon.


FHFA Conforming Loan Limits Rise Almost $38K in 2021

Published November 24, 2020

Fannie Mae and Freddie Mac will accept loans up to $548,250 next year – an increase from $510,400 in 2020. According to the seasonally adjusted FHFA Home Price Index, third-quarter housing prices rose 7.42% year-to-year, so loan limits will do the same.


Consumers Less Optimistic as Pandemic, Economy Take Toll

Published November 24, 2020

While Americans’ view of present conditions changed little, a slowing economy and growing pandemic fears seem to be giving them a bit less hope for early 2021.


Demand for Second Homes Up 100% Year-to-Year

Published November 23, 2020

The number of people who locked-in mortgage rates for second homes – in spite of a pandemic-caused economic dip – suggests a K-shaped recovery.


Many Still Think Flood Loss Is Covered by Property Insurance

Published November 23, 2020

If a lender doesn’t require flood insurance, many homeowners assume they don’t need it. But in S. Fla., Tropical Storm Eta’s visit shows it’s still worth consideration.


Global Biz: ‘Realtor’ Is Your Brand More than Your Brokerage

Published November 23, 2020

NAR speakers said that NAR’s bilateral agreements give Realtors a gateway into global business and a symbol of trust. Under the agreements, member organizations agree to abide by NAR’s Code of Ethics, which gives each group a deeper level of confidence.


Legal Q&A: Can a Board Reject Modifications That Don’t Fit In?

Published November 23, 2020

A member of an HOA’s Architectural Review Committee says some legit requests for home expansions “would look very different.” Is that reason enough to deny them?


The Two Minute Summary of the CDC’s Eviction Moratorium

Published November 23, 2020

As it currently stands, the CDC’s eviction moratorium ends on Dec. 31, 2020. The order, which may or may not be extended, is limited in scope.


Build Business on Data, Not Your Charm

Published November 23, 2020

According to Leigh Brown, most agents aren’t asking one game-changer question: “Hey, friend, what are the three things you’re looking for in the agent you hire?”


NAR Reaches Agreement with DOJ on MLS and Commission Rules

Published November 20, 2020

The Dept. of Justice-NAR agreement isn’t finalized, but NAR says it will institute changes, such as making info on buyers’ agents’ compensation publicly available in the MLS and creating a definitive rule that buyers’ agents can’t represent their services as free.

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