real estate: Pensacola? More People Asking Themselves, “Why Do I Live Here?”
- 07/19/20 10:22 AM
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More People Asking Themselves, “Why Do I Live Here?”
The traditional reasons buyers move – marriages, births, deaths – are still there, but the pandemic has also sparked philosophical discussions about happiness. Read more
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real estate: Pensacola's Need To Know? NAR: Pending Home Sales Soar 44.3%
- 07/19/20 10:16 AM
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America’s Founding Was Greatest Anti-Slavery Movement in History
Pensacola's Need To Know?
NAR: Pending Home Sales Soar 44.3%
The increase broke all records since NAR started tracking the sales. At May’s 99.6, the pending sales level was about equal to those in 2001. NAR’s economist calls it a “spectacular recovery for contract signings” and shows “the resiliency of American consumers.” Read more
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real estate: Builder Confidence Surges in June – Housing Rebound Underway
- 07/12/20 06:01 PM
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Pensacola's Need To Know?
Builder Confidence Surges in June – Housing Rebound Underway
NAHB’s builder confidence index plummeted for two months but surged 21 points in June. Any score above 50 is considered positive territory; this month it rose to 58. Read more
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real estate: 53% of Buyers Now More Committed – but 20% Aren’t
- 07/12/20 05:18 PM
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America’s Founding Was Greatest Anti-Slavery Movement in History
Pensacola's Need To Know?
53% of Buyers Now More Committed – but 20% Aren’t
Stay-at-home orders changed the way many Americans think about “home,” and a study found that 80% of pre-pandemic buyers still hope to become homeowners. Read more
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real estate: HUD: Google to Follow Fair Housing Advertising Rules
- 07/12/20 05:16 PM
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America’s Founding Was Greatest Anti-Slavery Movement in History
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HUD: Google to Follow Fair Housing Advertising Rules
Following similar changes by Facebook, Google won’t allow advertisers to subtly direct housing ads at – or away from – groups protected under the Fair Housing Act. Read more
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real estate: Promote the Census: 5 Minutes Now = 10 Years of Benefits
- 07/12/20 05:11 PM
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America’s Founding Was Greatest Anti-Slavery Movement in History
Pensacola's Need To Know?
Promote the Census: 5 Minutes Now = 10 Years of Benefits
What you do today will help or hurt your community for the next 10 years. Realtors are U.S. Census partners. Help your city, county and state by urging everyone to participate.
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real estate: Fla. Vacation Rental Regulations a Patchwork of Restrictions
- 07/12/20 05:08 PM
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America’s Founding Was Greatest Anti-Slavery Movement in History
Pensacola's Need To Know?
Fla. Vacation Rental Regulations a Patchwork of Restrictions
Most vacation-rental owners are happy to be open, but a patchwork of county regulations has created confusion. Some counties ban renters from New York; some don’t. Some have cleaning rule timeframes; some don’t. And some cap total renters at 10 while others are unlimited. Read more
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real estate: Property Insurance Has Changed – and Often Costs More
- 07/12/20 03:42 PM
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Property Insurance Has Changed – and Often Costs More
A homeowner’s property insurance cost is based on a wide range of factors, including location, construction details and even the insurance company’s costs. Overall, however, a number of Fla. homeowners will see their coverage costs go up as some of those details change. Read more
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real estate: Mortgage Rates Hit Record Low – Third Time this Year
- 07/12/20 03:40 PM
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America’s Founding Was Greatest Anti-Slavery Movement in History
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Mortgage Rates Hit Record Low – Third Time this Year
At 3.15%, the median 30-year, fixed-rate mortgage set another record. It’s down from last week’s 3.24% and the lowest since Freddie Mac started tracking in 1971. Read more
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real estate: Loan Forbearance Advice: Assume Nothing, Check Everything
- 07/12/20 03:37 PM
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America’s Founding Was Greatest Anti-Slavery Movement in History
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Loan Forbearance Advice: Assume Nothing, Check Everything
Most lenders admit to mass confusion when new forbearance options came out; ones that both service and/or own loans could offer borrowers completely different options. Read more
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real estate: As Skittish Investors Back Off, First-Time Buyers Step In
- 07/12/20 03:34 PM
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America’s Founding Was Greatest Anti-Slavery Movement in History
Pensacola's Need To Know?
As Skittish Investors Back Off, First-Time Buyers Step In
RE investors base a purchase price on future expectations, but the pandemic created market confusion. As a result, first-timers face less competition for starter homes. Read more
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real estate: City Dwellers Headed to the Suburbs After Pandemic? Maybe?
- 07/12/20 03:32 PM
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America’s Founding Was Greatest Anti-Slavery Movement in History
Pensacola's Need To Know?
City Dwellers Headed to the Suburbs After Pandemic? Maybe?
It’s too soon to tell, but suburban living with more open space, bigger lawns and room to stretch out could lure current urbanites to move in the wake of COVID-19. Read more
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real estate: Pensacola's Homebuilders Climb Even as Housing Outlook Remains Cloudy
- 07/07/20 06:55 PM
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America’s Founding Was Greatest Anti-Slavery Movement in History
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Homebuilders Climb Even as Housing Outlook Remains Cloudy
As builders reported quarterly results, many said business was going great until mid-March, when the coronavirus shutdowns began. But several also say business started to improve by mid-April and has continued that trend into May. Read more
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real estate: Pensacola's Need To Know? Fed Chair Gives Economic Forecasts
- 07/07/20 06:48 PM
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America’s Founding Was Greatest Anti-Slavery Movement in History
Pensacola's Need To Know?
Fed Chair Says Economic Forecasts Filled with Uncertainty
While it’s hard to predict what’s next with the pandemic, it’s also unclear how people will react as lockdowns aimed at limiting the virus’s spread are lifted. Read more
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real estate: Pensacola's Need To Know? FHFA: Borrowers in Forbearance Eligible to Refinance, Buy a Home
- 07/07/20 06:41 PM
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FHFA: Borrowers in Forbearance Eligible to Refinance, Buy a Home
Fannie and Freddie will be able to extend credit to those who took forbearance under certain conditions, like home buyers who continued to make their loan payments. Read more
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real estate: Pensacola's Need To Know? Buyers Prepared to Hit the Ground Running
- 07/07/20 06:33 PM
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Studies Suggest Buyers Prepared to Hit the Ground Running
Google and realtor.com report a big uptick in buyer activity – time spent searching for homes, viewing specific listings and sharing homes with friends – and two Fla. cities rank near the top for increased buyer interest: No. 3 Jacksonville (up 96.08%) and No. 4 Miami (up 81.82%). Read more
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real estate: Pensacola's Need To Know? Study: New-Home Demand Could Save Economy
- 07/07/20 06:28 PM
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NAHB Study: New-Home Demand Could Save Economy
A new-home sale pumps even more money into the economy than a resale. NAHB says 1,000 new homes create 2,900 jobs and almost $111M in taxes and fees. Read more
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real estate: Pensacola's Need To Know? Home Sales Rebound as Economy Opens Up
- 07/05/20 06:59 PM
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Pandemic Accelerates Shift Toward Work-From-Home
The pandemic injected a bolt of momentum into a work-from-home trend already underway, and the change has implications for both commercial and residential real estate. Read more
Pensacola's Need To Know?
NAR: Watch for Home Sales Rebound as Economy Opens Up
There are still many unknowns about COVID-19, but with that in mind, NAR Chief Economist Lawrence Yun is cautiously optimistic about where the economy is heading, and he also sees positive indicators in the residential real estate market. Read more
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real estate: Pensacola's Need To Know? Builders Offering Incentives to Attract Buyers
- 07/05/20 06:55 PM
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Pandemic Accelerates Shift Toward Work-From-Home
The pandemic injected a bolt of momentum into a work-from-home trend already underway, and the change has implications for both commercial and residential real estate. Read more
Pensacola's Need To Know?
Builders Offering Incentives to Attract More Buyers
NAHB economist: Builders have about 80K completed inventory homes and 540K in some stage of construction. The incentives will offset prices as unemployment rises. Read more
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real estate: Pandemic Accelerates Shift Toward Work-From-Home for Pensacolians
- 07/05/20 06:51 PM
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Pandemic Accelerates Shift Toward Work-From-Home
The pandemic injected a bolt of momentum into a work-from-home trend already underway, and the change has implications for both commercial and residential real estate. Read more
Pensacola's Need To Know?
FHFA Updates Forbearance Homeowners’ Repayment Options
Once a homeowner in forbearance can start make payments again, they’ll have simplified options to either sell the home, refinance or extend the length of their current loan. Read more
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