top stories: TOP STORIES: NAHB Sees Suburban Shift for New Home Builds in 2Q
- 10/04/20 03:54 PM
TOP STORIES:
NAHB Sees Suburban Shift for New Home Builds in 2Q
While the pandemic just got underway in 2Q, the market share of single-family homes in outer suburbs, exurbs and small towns grew from 47.5% to 48.4% in one year. Read more
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top stories: TOP STORIES: 6 Tips for Conducting a Kitchen Video Tour
- 10/04/20 03:50 PM
TOP STORIES:
6 Tips for Conducting a Kitchen Video Tour
In videos, a kitchen can look attractive. But buyers need to really see a kitchen: Realtors should show views and comment on cabinets, flooring and even the plumbing. Read more
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top stories: TOP STORIES: Home Prices See Biggest Gains in Two Years
- 10/04/20 03:47 PM
TOP STORIES:
Home Prices See Biggest Gains in Two Years
CoreLogic: Exceptionally strong demand, historically low supply and record-low mortgage rates combined to fuel the fastest home price growth since 2018. Read more
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top stories: TOP STORIES: Is the Second-Home Market About to Boom?
- 10/02/20 06:33 AM
TOP STORIES:
Is the Second-Home Market About to Boom?
YOLO (you only live once) took on a deeper meaning during the pandemic, and Americans’ glimpse of their own mortality may drive vacation home sales. Read more
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top stories: TOP STORIES: NAR: Pending Home Sales Rise 5.9%
- 09/20/20 07:18 PM
TOP STORIES:
NAR: Pending Home Sales Rise 5.9% in July In 2020, summer is the new spring, at least for real estate sales. Pent-up demand caused a nationwide boost in pending sales month-to-month and year-to-year. 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: Long-Term Mortgage Rates Fall – 30-Year at 2.91%
- 09/20/20 07:06 PM
TOP STORIES:
Long-Term Mortgage Rates Fall – 30-Year at 2.91%
Rates flirted with the 3% mark last week only to drop down to 2.91% this week – almost to their all-time record low of 2.88% hit only a few weeks ago. Read more
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top stories: TOP STORIES: 2 Out of 3 Buyers Will Blow Their Budget for a Dream Home
- 09/20/20 06:58 PM
TOP STORIES:
2 Out of 3 Buyers Will Blow Their Budget for a Dream Home
Survey: 64% of buyers said they’d go over budget for their dream home, but record-low mortgage rates may be creating a false sense of security in bidding wars. Read more
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top stories: TOP STORIES: Active and Former Meth Houses Pose Health Risks
- 09/20/20 06:50 PM
TOP STORIES:
Active and Former Meth Houses Pose Health Risks
“Former meth house” is a rare but serious problem in the real estate world. Toxic residue can be a health risk for up to five years after the meth lab moves out. Read more
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top stories: TOP STORIES: FHA Mortgage Delinquencies Reach a Record
- 09/20/20 06:30 PM
TOP STORIES:
FHA Mortgage Delinquencies Reach a Record The share of late FHA loans rose to almost 16% in 2Q, up from 9.7% the previous quarter – the highest level since at least 1979. For conventional loans, the rate is 6.7%. Read more
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top stories: TOP STORIES: S&P CoreLogic Case-Shiller: Home Prices Rise
- 09/20/20 06:26 PM
TOP STORIES:
S&P CoreLogic Case-Shiller: Home Prices Rise 3.5% in June June’s year-over-year price increase showed continued strength in the housing market, though the rate of increase has slowed recently. In May, it was 3.6%. 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: U.S. Consumer Confidence Falters as Pandemic Drags On
- 09/20/20 06:23 PM
TOP STORIES:
U.S. Consumer Confidence Falters as Pandemic Drags On
Outlooks over present conditions “decreased sharply,” though Americans’ attitudes about the future also took a step back. The Conference Board says that consumers’ worries “will likely cause spending to cool in the months ahead.” Read more
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top stories: TOP STORIES: New Home Sales Surge 13.9% – Far More Than Thought
- 09/20/20 06:20 PM
TOP STORIES:
New Home Sales Surge 13.9% – Far More Than Thought
The increase in July follows strong numbers in May and June. But while experts predicted another increase, the level of that increase surpassed most expectations. Read more
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top stories: TOP STORIES: New CFPB Loan Should Help Lower-Income Homebuyers
- 09/20/20 06:18 PM
TOP STORIES:
New CFPB Loan Should Help Lower-Income Homebuyers
Lenders approve qualified mortgages (QM), knowing Fannie or Freddie will buy them – but they could buy “seasoned QM loans” if lenders hold them for a period of time. Read more
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top stories: TOP STORIES: U.S. News & World Report Lists Best Mortgage Lenders
- 09/20/20 06:15 PM
TOP STORIES:
U.S. News & World Report Lists Best Mortgage Lenders
The magazine ranks mortgage lenders and best personal loans, including a Fla.-specific list based on borrowers’ needs. Chase, for example, offers $3,000 at closing for Floridians who take a homebuyer education course; Fifth Third is tops for low-down-payment options. Read more
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top stories: TOP STORY: Condo Q&A: Should Monthly Fees Drop If Amenities Are Closed?
- 09/13/20 03:06 PM
TOP STORIES:
Condo Q&A: Should Monthly Fees Drop If Amenities Are Closed?
Also: An HOA board decided to change trim colors for 108 community homes. Is that a material alteration – something members should vote on? Read more
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top stories: 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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top stories: 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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top stories: 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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top stories: 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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top stories: 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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