top stories: TOP STORIES: Blackstone to Boost Mobile-Home Bet With $550 Million Deal
- 11/02/20 05:25 PM
TOP STORIES:
Blackstone to Boost Mobile-Home Bet With $550 Million Deal
Mobile-home parks have held strong during the pandemic, and Blackstone appears to be buying a number of Fla. parks owned by Summit Communities for about $550M. Read more
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top stories: TOP STORIES: Businesses Want Protection from COVID-19 Lawsuits
- 11/02/20 05:26 AM
TOP STORIES:
Businesses Want Protection from COVID-19 Lawsuits
Fla. has the nation’s 5th worst legal ranking, the Fla. Chamber of Commerce CEO said this month. “That costs local businesses. It raises prices. It raises insurance rates.” Read more
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top stories: TOP STORIES: Re-Purpose and Develop City Garages if Fewer People Drive?
- 11/02/20 05:24 AM
TOP STORIES:
Re-Purpose and Develop City Garages if Fewer People Drive?
Garages eat up valuable urban space, and pandemic-led work changes and a greater use of car driving services like Uber and Lyft could permanently ease demand. Read more
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top stories: TOP STORIES: The Great Appliance Shortage: Life Without a Dishwasher?
- 10/26/20 06:51 PM
TOP STORIES:
The Great Appliance Shortage: Life Without a Dishwasher?
COVID-19 created yet another problem: A shortage of dishwashers, refrigerators, washers and dryers. Freezers disappeared first when consumers started hoarding food. Read more
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top stories: TOP STORIES: Record Number of Homeowners Live in Fla HOA Communities
- 10/26/20 06:47 PM
TOP STORIES:
Record Number of Homeowners Live in HOA Communities In Fla., almost 10M residents live in one of 48K communities with a homeowners’ association or condo board. The number is second only to Calif, which has 49K HOAs. Read more
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top stories: TOP STORIES: Almost 400K Fewer Homes Listed Due to the Pandemic
- 10/26/20 06:43 PM
TOP STORIES:
Almost 400K Fewer Homes Listed Due to the Pandemic From March to now, realtor.com listings are down by about 400,000. In three Fla. metros, it’s down over 40%; in two others, time-on-market dropped by more than 20 days. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows and closings explained in simple terms? GET REAL ANSWERS
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top stories: TOP STORIES: Mortgage Rates Tick Up to 2.9%, Remain at Historic Lows
- 10/26/20 06:38 PM
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Mortgage Rates Tick Up to 2.9%, Remain at Historic Lows
Freddie Mac reported that the average rate on the 30-year home loan edged up to 2.90% from last week’s 2.87%. One year ago, the 30-year FRM averaged 3.64%. Read more
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top stories: TOP STORIES: New Home Sales Surge 4.8%
- 10/26/20 06:33 PM
TOP STORIES:
New Home Sales Surge 4.8%
The August surge follows a 13.9% increase in July as low interest rates and a skimpy existing-home inventory drive buyers to new construction. Read more
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top stories: TOP STORIES: FHFA: Housing Prices Rose 1% in Only One Month
- 10/26/20 06:29 PM
TOP STORIES:
FHFA: Housing Prices Rose 1% in Only One Month The federal agency behind Fannie Mae and Freddie Mac says July home prices rose 1% above June home prices and 6.5% in a year-to-year comparison. Read more
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top stories: TOP STORIES: Investors Ready for ‘Bonanza’ in Housing Deep-pocket investors
- 10/26/20 06:24 PM
TOP STORIES:
Investors Ready for ‘Bonanza’ in Housing Deep-pocket investors – notably the mega companies that buy single-family homes and turn them into rentals – expect a rash of foreclosures to start appearing in 2021. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows and closings explained in simple terms? GET REAL ANSWERS
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top stories: TOP STORIES: Fla.’s Housing Market: Sales and Median Prices Rises
- 10/26/20 06:52 AM
TOP STORIES:
Fla.’s Housing Market: Sales and Median Prices Rises Florida Realtors’ data: More sales, higher median prices, more new pending sales and more new listings year-over-year. Single-family sales up 8.8%; condo sales up 10.3% – and sales in the upper price tiers paved the way for the surge, says Chief Economist Dr. Brad O’Connor. Read more
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top stories: TOP STORIES: HUD: Over Half of Renters Spend 30%-Plus for Housing
- 10/26/20 06:46 AM
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HUD: More than Half of Renters Spend 30%-Plus for Housing
The American Housing Survey found that 51.4% of renters spend 30% or more of their family income on housing; 13% of households with someone 55 years of age or older live in an age-restricted community; and 11.3% of all households had cockroaches within the past year. Read more
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top stories: TOP STORIES: Florida is home 2 Out of the 5 Top -Flip-Increase Cities
- 10/26/20 06:41 AM
TOP STORIES:
Fla. Home to 2 Out of the 5 Top Home-Flip-Increase Cities
ATTOM: At No. 2, home flips in Fort Myers grew 20.2% in 2Q, while in No. 3 Tallahassee, they rose 16.8%. Salisbury, Md., saw the biggest increase at 45.8%. Read more
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top stories: TOP STORIES: Borrowers Who Don’t Think They Can Get a Mortgage, But Can
- 10/18/20 05:58 PM
TOP STORIES:
Borrowers Who Don’t Think They Can Get a Mortgage, But Can
Many people don’t think they can get a mortgage, but a foreclosure or a limited credit history aren’t deal breakers – even non-U.S. citizens can qualify. Read more
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top stories: TOP STORIES: From a Stable Job to a Tent: A Waiter’s Homeless Struggle
- 10/18/20 05:55 PM
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From a Stable Job to a Tent: A Waiter’s Homeless Struggle
When the restaurant he worked at shut down due to the pandemic, an Orlando waiter was laid off indefinitely. While waiting on Fla.’s unemployment system, he lost everything. Read more
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top stories: TOP STORIES: The Pandemic Hasn’t Stopped Property Values from Rising
- 10/18/20 05:52 PM
TOP STORIES:
The Pandemic Hasn’t Stopped Property Values from Rising
In S. Fla., for example, records show home values rose from 2019, meaning it could bring higher tax bills as the region deals with financial worries from COVID-19. Read more
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top stories: TOP STORIES: 3 in 4 Mortgage Holders Could Benefit from Refinancing
- 10/18/20 05:50 PM
TOP STORIES:
Study: 3 in 4 Mortgage Holders Could Benefit from Refinancing
Black Knight: 19.3M homeowners could benefit from refinancing, the largest number of potential refinance candidates on record, saving about $300 monthly on average. Read more
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top stories: TOP STORIES: DIY Improvement Likely to Be Habits with Staying Power
- 10/18/20 05:46 PM
TOP STORIES:
Home Improvement, DIY Likely to Be Habits with Staying Power
Home Depot, Lowe’s and other stores are seeing a greater demand for supplies as homeowners fix up their nests during the pandemic. Outdoor projects are popular. Read more
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top stories: TOP STORIES: Fed’s Near-Zero Rates May Last Years
- 10/18/20 05:42 PM
TOP STORIES:
Fed’s Near-Zero Rates May Last Years
Until the economy reaches full employment and inflation runs "moderately" above its 2% goal for "some time,” the Fed is likely to keep its key interest rate near zero. Read more
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top stories: TOP STORIES: Majority of Young Adults Now Living with Their Parents
- 10/18/20 05:39 PM
TOP STORIES:
Majority of Young Adults Are Now Living with Their Parents
Pew Research Center: Due to COVID-19, 52% of 18-to-29-year-olds – about 26.2M – now live with their parents, surpassing the previous peak during the Great Depression. Read more
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