City Considers Matching-Grant Program to Cope with Rising Seas
Many Fla. cities are exploring ways to help residents bolster homes against rising tides and heavy rains. In Miami Beach, that could mean paying 50% of the cost.
Survey: Pandemic Increased Buyers’ Interest in Smart Homes
Americans stuck inside for the last nine months want more from their homes, with 1 in 4 more interested in smart technology than they were before the pandemic started.
The Open House Is Down but Not Out
Most experts predict a return of open houses in 2021 – but even in a pandemic, the open house could be sellers’ safest option for showing the home to multiple buyers.
Are Americans Really Fleeing Big Cities? Not So Much
In 2019, an average 1.91% city dwellers moved to smaller towns. In 2020, it rose slightly to 2.18% – but in some Fla. metros (Tampa, Orlando), it was less than 1%.
Bottom Line on Mortgage Changes? More Loans, Higher Risks
An underwriting change for qualified mortgages (QM) eases bank oversight. It should enable more buyers to qualify for a loan as it increases risks in the mortgage market.
Fla. Has Greater Authority Over Wetland Development
The U.S. Environmental Protection Agency granted Fla.’s request for greater authority over development of the state’s wetlands. Supporters say it should streamline permitting if property owners want to develop wetlands, but environmentalists oppose the change.