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Daily Archives: January 8, 2021

Experts: Mortgage Rates Have Probably Hit Bottom

Florida RealtorsBy January 8, 2021

At 2.65%, the average 30-year, FRM hit its 17th record low in less than a year. But experts predict an increase soon as the “forces behind the drop” shift.

More Small-Business PPP Loans Are on the Way

Florida RealtorsBy January 8, 2021

SBA and the Treasury Dept. are preparing to revive the PPP loan program. Businesses that already received a loan last year will be able to borrow up to $2 million soon if they have no more than 300 employees and suffered at least a 25% drop in quarterly revenue.

Condo Q&A: Does a President Have the Authority to Approve Work?

Florida RealtorsBy January 8, 2021

“It’s in the budget” doesn’t necessarily mean “the president can sign a contract.” Also: If we had no quorum for an election, do we have to reschedule this year?

Expressing Gratitude Right Thing to Do – and a Sales Tool

Florida RealtorsBy January 8, 2021

If business is “all about relationships,” expressing gratitude is one of the building blocks. It’s not just a life tool Mom taught you, it’s also a marketing tool.

A Home Under $100K? Yes – but Buyers Can’t Access Them

Florida RealtorsBy January 8, 2021

Lenders see little profit in making loans below $100K, so many entry level homes go to investors paying cash rather than renters hoping to become homeowners.

Some Homeowners Get Paid for Lost Citrus Trees

Florida RealtorsBy January 8, 2021

The private-property-rights issue took 15 years to settle, but some Lee County owners have received checks because the state cut down trees growing on their property.

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