family: TOP STORIES: The Problem with Property Valuations in Uncertain Times
- 09/13/20 03:00 PM
TOP STORIES:
The Problem with Property Valuations in Uncertain Times
Is a pre-pandemic home sale price “comparable” to the price now? Economic uncertainty has created a few new challenges for the home valuation industry. Read more
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family: TOP STORIES: Report: All 4 Fla. Metros Exceed Pre-Pandemic Levels
- 09/13/20 02:55 PM
TOP STORIES:
Recovery Report: All 4 Fla. Metros Exceed Pre-Pandemic Levels
If the Jan. Fla. real estate market was “normal,” today’s market is even better in the four metro areas tracked by realtor.com’s Recovery Report. The U.S. report declined slightly this week, however, largely because new listings dropped below Jan. 2020 levels. Read more
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family: TOP STORIES: Long-Term Mortgage Rates Almost Rise Above 3%
- 09/13/20 02:52 PM
TOP STORIES:
Long-Term Mortgage Rates Almost Rise Above 3%
The average 30-year, fixed-rate mortgage rose to 2.99% this week – its second increase since hitting a record low of 2.88%. A year ago, it was 3.55%. Read more
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family: TOP STORIES: Builders Not Excited About the Multifamily Market
- 09/13/20 02:50 PM
TOP STORIES:
Builders Not Excited About the Multifamily Market
NAHB’s multifamily confidence index for the second quarter found a 10-point increase in builder optimism – but at 37, attitudes still remain below the median score of 50. Read more
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family: TOP STORIES: Opinions on Coastal Areas’ Response to Climate Change
- 09/13/20 02:48 PM
TOP STORIES:
Opinions Differ on Coastal Areas’ Response to Climate Change
What should Fla.’s coastal communities do to mitigate rising seas? In Miami-Dade County, residents’ preferences differ from Army Corps of Engineers’ plans. Read more
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family: TOP STORIES: Appeals Court Rejects Insurer’s ‘AOB’ Arguments
- 09/13/20 08:21 AM
TOP STORIES:
Appeals Court Rejects Insurer’s ‘AOB’ Arguments
An owner assigned benefits to a vendor after hurricane damage, and the insurer refused to pay, citing “alienation” in the Fla. constitution – but an appeals court rejected it. Read more
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family: TOP STORIES:Tourist: Fla. Is Home to 10 of 15 ‘Best U.S. Beaches’
- 09/13/20 08:18 AM
TOP STORIES:
Tourists Spoke: Fla. Is Home to 10 of 15 ‘Best U.S. Beaches’
Those online tourism reviews on TripAdvisor? The company analyzed them to identify most-loved beaches, and 10 of the top 15 are in Fla., ranging from the Panhandle to Miami. Overall, tourists’ online reviews ranked Clearwater Beach as their No. 1 U.S. seaside destination. Read more
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family: TOP STORIES: Respond to the Census: Be Counted. And Hurry.
- 09/13/20 08:15 AM
TOP STORIES:
Respond to the Census: Be Counted. And Hurry.
Realtors are U.S. Census partners, so urge all to participate, which households can do using a self-respond online form. The NEW deadline to participate is now Sept. 30, 2020
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family: TOP STORY: Housing Industry Wants Fannie, Freddie to Cancel Refi Fee
- 09/13/20 08:13 AM
TOP STORIES:
Housing Industry Wants Fannie, Freddie to Cancel New Refi Fee
Housing industry associations are condemning a change announced by Fannie Mae and Freddie Mac to charge homeowners a sizable fee to refinance starting Sept. 1. A coalition of 20 groups that includes NAR has signed onto a push by mortgage bankers to cancel it. Read more
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family: TOP STORIES: Fannie Mae: U.S. Economy Poised for Substantial Rebound
- 09/07/20 05:49 AM
TOP STORIES:
Fannie Mae: U.S. Economy Poised for Substantial Rebound
The lending giant says the economy contracted 32.9% in 2Q – the largest since WW II. But it now expects strong housing data to lead a robust rebound by year’s end. Read more
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family: TOP STORIES: New-Home Construction Surges 22.6%
- 09/07/20 05:46 AM
TOP STORIES:
New-Home Construction Surges 22.6%
It’s the third month in a row for an increase, and the big gains came from the construction of apartments and condominiums, which soared 56.7%. Read more
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family: TOP STORIES: Builder Confidence Index Hits Record High in Aug.
- 09/07/20 05:43 AM
TOP STORIES:
Builder Confidence Index Hits Record High in Aug.
The builder confidence index hit 78 – its highest point in 35 years of record keeping, and solidly positive territory; 50 is a midpoint, neither positive nor negative. Read more
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family: TOP STORIES: Vacation Rentals: Will Fees Hurt the Industry Long-Term?
- 09/03/20 05:47 PM
TOP STORIES:
Vacation Rentals: Will Uptick in Fees Hurt the Industry Long-Term?
More short-term rental owners are tacking on fees for things like cleaning and “owner’s expenses.” But some experts think that will lower the industry’s overall appeal. Read more
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family: TOP STORIES: Hotel Business Is Hurting – So Great Time to Invest
- 09/03/20 05:44 PM
TOP STORIES:
Hotel Business Is Hurting – So Great Time to Invest
Real estate investors see the hotel industry as an opportunity because some large and small properties may not make loan deadlines while occupancy remains low. Read more
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family: TOP STORIES: Question: How Many At-Home Workers Will Commute Again?
- 09/03/20 05:40 PM
TOP STORIES:
Big Question: How Many At-Home Workers Will Commute Again?
The answer impacts commercial and residential sales. Some employees want to go back, but a few might be surprised to find it's mandatory. Employers say it affects hiring. Read more
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family: TOP STORIES: Single-Family For-Sale Inventory Hits Record Low in 2Q
- 09/03/20 05:37 PM
TOP STORIES:
Fla.’s Single-Family For-Sale Inventory Hits Record Low in 2Q
There’s never been a better time to sell a home. Fla. had only a 2.8-months’ supply of single-family homes in the second quarter – the lowest amount since at least 2008. Economists generally consider a six-month supply to be balanced between buyers and sellers. Read more
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family: TOP STORIES: Mortgage Refinancing to Get a Bit More Expensive
- 09/03/20 05:33 PM
TOP STORIES:
Mortgage Refinancing to Get a Bit More Expensive
NAR calls it “the wrong policy at the wrong time.” Many homeowners with a median-priced home will pay a new $1,400 fee to Fannie Mae or Freddie Mac after Sept. 1. Read more
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family: TOP STORIES: Moving During the Pandemic: ‘What I Wish I’d Known’
- 09/03/20 05:30 PM
TOP STORIES:
Moving During the Pandemic: ‘What I Wish I’d Known’
It’s safe to move, but COVID-19 adds a new wrinkle for buyers who want masks and social distancing to be part of the process. Start with extra moving supplies. Read more
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family: TOP STORIES: COVID-19 Boosted Number of New Yorkers Moving to Fla.
- 09/03/20 05:27 PM
TOP STORIES:
COVID-19 Boosted Number of Rich New Yorkers Moving to Fla.
Fla. is a winter retreat for New York’s upper class, but over the past few years, some relocated permanently to escape high tax laws. Now the pandemic-created desire for living space gave them another reason to relocate, and even more upscale New Yorkers are making the move. Read more
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family: TOP STORIES: Some Appraisers Have Trouble Keeping Up with Demand
- 08/30/20 02:31 PM
TOP STORIES:
Some Appraisers Have Trouble Keeping Up with Demand
A wave in buying and refinancing made it hard for some appraisers to keep up with demand, leading to appraisal delays, according to an informal survey. Read more
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