Florida Realtors News
News Archive
How hard is it to find the perfect home? If it has the right location and price, 7 out of 10 homebuyers are willing to overlook poltergeist shenanigans.
Over $35B will be available for below-market rate loans that finance new housing construction and/or office conversions near transportation hubs.
A Yale U. study found only 3 out of 4 Americans (74%) share that belief, and the study’s author says it may be due to Fla.’s “hurricanes and other extreme weather.”
The economy more than doubled from its 2Q growth rate of 2.1% – but inflation also dropped to 2.4%. Some economists think 3Q is the high water mark before a slowdown.
The average for a 30-year, fixed-rate loan moved higher for the seventh week in a row. Last week it averaged 7.63%; a year ago, it was 7.08%.
Follow up until people “buy, die or file a restraining order,” says one RE coach – and basic skills aren’t enough to succeed in today’s rapidly changing market.
Albany, N.Y., homes went under contract in 8 days in Sept., followed by Rochester (9) and Grand Rapids, Mich. (9). In 8 Fla. metros, it ranged from 25-58 days.
To boost security, HUD Homestore and other loan tools will require users to prove their identity. HUD will send a code to registered devices that users must confirm.
It’s a slight gain, but NAR’s chief economist says pending sales “remain at historically low levels.” Year-over-year, pending transactions were down 11%.
A Texas hotspot (Austin) lost residents for the first time, while Orlando, North Port-Sarasota, Tampa, Cape Coral and Miami made the top 10 for incoming residents.