mortgage to closing: TOP STORIES: Fla. No. 2 for Homeowners Who Should Refinance
- 11/17/20 07:37 AM
TOP STORIES:
Fla. No. 2 for Homeowners Who Should Refinance
A new study finds that a mortgage refinance would help 43% of U.S. homeowners with a 30-year loan. While Calif. has the largest number, Fla. ranks second. Read more
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mortgage to closing: TOP STORIES: 1/4 Homeowners in Forbearance Still Paying Their Mortgage
- 11/13/20 06:08 PM
TOP STORIES:
1 in 4 Homeowners in Forbearance Still Paying Their Mortgage
About 25% of owners seemingly have mortgage forbearance as a preventative measure, “one of the most surprising aspects of this entire episode,” says a mortgage banker VP. Read more
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mortgage to closing: TOP STORIES: Study: 400,000 At-Risk Homeowners ‘Needlessly Delinquent’
- 11/13/20 06:05 PM
TOP STORIES:
Study: 400,000 At-Risk Homeowners ‘Needlessly Delinquent’
The CARES Act empowers homeowners with federally backed mortgages to delay payments – but a lot haven’t done so, even though they qualify for pandemic relief. Read more
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mortgage to closing: TOP STORIES: Baby Boomers Usher in New Style of Retirement Communities
- 11/13/20 06:00 PM
TOP STORIES:
Baby Boomers Usher in New Style of Retirement Communities
A new wave of retirees is less interested in huge “retiree” housing developments. They want more customized housing options that fit their active lifestyle. Read more
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mortgage to closing: TOP STORIES: New Home Lot Sizes Down to the Smallest on Record
- 11/13/20 05:56 PM
TOP STORIES:
New Home Lot Sizes Down to the Smallest on Record
NAHB: New homes are being built on smaller lots. The median lot size for single-family homes sold in 2019 dropped to 0.188 of an acre (8,177 square feet). Read more
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mortgage to closing: TOP STORIES: Buyer Awareness: Some Homes Cost More to Insure
- 11/13/20 05:53 PM
TOP STORIES:
Buyer Awareness: Some Homes Cost More to Insure
Hidden risks can make getting coverage difficult, expensive or both. Think about flood risk, hurricane or wildfire risk, and outdated wiring or plumbing in older homes. Read more
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mortgage to closing: TOP STORIES: Gulf Breeze, Pace and Pensacola Happenings 11/14/2020
- 11/13/20 05:47 PM
TOP STORIES:
Report: If Foreclosures Hit Market, It Won’t be Until 2022
Homeowners in forbearance don’t have to make payments until at least March 2021. After that, a foreclosure may take years to finalize and owners might return to work. Read more
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mortgage to closing: TOP STORIES: Gulf Breeze, Pace and Pensacola Happenings 11/15/2020
- 11/13/20 05:44 PM
TOP STORIES:
1 in 5 Buyers Wants Designated Space to Work from Home
75% of homebuyers surveyed said the pandemic changed their plans: 25% boosted their timelines, 20% slowed their timelines and 17% now want a less expensive home. Read more
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mortgage to closing: TOP STORIES: Gulf Breeze, Pace and Pensacola Happenings 11/13/2020
- 11/12/20 07:56 AM
TOP STORIES:
Cyber Security Awareness Month Focus: RE Wire Fraud
Buyers continue to lose home-purchase money to wire fraud. They need to understand the problem, and have access to tools and resources that can help keep them safe. Read more
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mortgage to closing: TOP STORIES: Pandemic Tips: How to Move Safely
- 11/10/20 09:21 AM
TOP STORIES:
Pandemic Tips: How to Move Safely
Moving is stressful in the best of times, but the pandemic adds a new safety wrinkle. It could cost movers a bit more money, and coronavirus safety is a top priority. Read more
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mortgage to closing: TOP STORIES: The Pandemic’s ‘Surprising’ Impact on Real Estate
- 11/10/20 09:19 AM
TOP STORIES:
The Pandemic’s ‘Surprising’ Impact on Real Estate
It was hard to find a for-sale home in Jan., and the pandemic became “just another hurdle” for buyers. They may find a condo deal but single-family listings are scarce. Read more
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mortgage to closing: TOP STORIES: Rents Fall in Cities – Not so Much in Smaller Ones
- 11/08/20 03:17 PM
TOP STORIES:
Rents Fall in Expensive Cities – Not so Much in Smaller Ones
Rents are falling and landlords are offering more concessions in cities like New York and San Francisco – but they’re rising in Midwestern and Sun Belt cities. Read more
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mortgage to closing: TOP STORIES: Q&A: Who Removes a Tree That Straddles a Property Line?
- 11/08/20 03:14 PM
TOP STORIES:
RE Q&A: Who Removes a Tree That Straddles a Property Line?
A tree is directly on the property line between two homes. Owner A’s insurance company says it must come down; does owner B have any obligation to help pay for that? Read more
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mortgage to closing: TOP STORIES: Construction Spending Up 5.5% for Single-Family Homes
- 11/08/20 10:54 AM
TOP STORIES:
Aug. Construction Spending Up 5.5% for Single-Family Homes
Overall construction spending rose 1.4% in Aug. – double July’s 0.7% – even though apartments (down 0.1%) and nonresidential construction dipped (down 0.3%). Read more
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mortgage to closing: TOP STORIES: Housing Roars Back Despite Recession, High Unemployment
- 11/08/20 10:52 AM
TOP STORIES:
U.S. Housing Roars Back Despite Recession, High Unemployment
Moody’s Investors Service expects the homebuilding sector to be stable for at least the next 12-18 months. Housing’s strength has been driven by ultra-low mortgage rates, fierce competition for a chronically low inventory of for-sale properties and a wave of new millennial buyers. Read more
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mortgage to closing: TOP STORIES: Time to Buy Downtown Condos? Likely Post-COVID Rebound
- 11/06/20 07:46 PM
TOP STORIES:
Time to Buy Downtown Condos? Likely Post-COVID Rebound
The current pandemic causing a relative exodus from cities will eventually fade away, and 70% of Americans think urban areas will again bounce back. Read more
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mortgage to closing: TOP STORIES: Survey: Remote Work Starting to Affect Productivity
- 11/03/20 05:42 PM
TOP STORIES:
Survey: Remote Work Starting to Affect Productivity
A notable number of consumers dislike working from home: 53% “very much want to return” to the office, and 40% would job hunt if their company went completely virtual. For many, the loss of daily interactions lowered job satisfaction and has created work-from-home fatigue. Read more
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mortgage to closing: TOP STORIES: The Mud Room Is Out; the Disinfection Room Is In
- 11/03/20 05:31 PM
TOP STORIES:
The Mud Room Is Out; the Disinfection Room Is In
Rooms that once washed mud off boots are being converted to rooms that wash COVID-19 off bodies, thanks to things like sanitizing butlers and UV robots. Read more
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mortgage to closing: TOP STORIES: Senior Buyers Will Return If Health Precautions Are in Place
- 11/03/20 05:26 PM
TOP STORIES:
Senior Buyers Will Return If Health Precautions Are in Place
Report: Adults in the age group most vulnerable to the coronavirus say they’ll keep home shopping providing they feel safe from possible infection. Read more
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mortgage to closing: TOP STORIES: Hesitation Slows Market with Sellers Afraid to Move
- 11/03/20 05:22 PM
TOP STORIES:
Hesitation Slows Market with Sellers Afraid to Move
If I sell, where do I go? Many Fla.-bound buyers are afraid to sell their home up North during the pandemic, leading to a backup in the normal flow of housing sales. Read more
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