News
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.
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.
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.
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.
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."
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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?
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.
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?”
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.