Florida Realtors RE Trends: What’s Ahead for Fla. Real Estate?
Chief Economist Brad O’Connor, NAHB Chief Economist Robert Dietz and others will discuss residential outlook, new-home construction trends, more at Feb. 4 virtual event.
Chief Economist Brad O’Connor, NAHB Chief Economist Robert Dietz and others will discuss residential outlook, new-home construction trends, more at Feb. 4 virtual event.
An analysis by Pew Charitable Trusts: 16 states’ populations have declined since the Great Recession, but the big winners are Texas (up 374K) and Fla. (up 241K).
Debt-to-income ratios became skewed for anyone who temporarily lost a percentage of income, and forbearance programs are giving lenders fits in the loan approval realm.
HUD Acting Secretary Matthew Ammon said he acted on Pres. Biden’s request, calling it “a critical first step” to ensure families “will not be forced from their homes.”
Pres. Biden considered homeownership an important issue during his campaign and has already instituted some changes. Congress will likely focus on housing-related pandemic aid first and, once the disease fades, turn to other issues, such as a proposed $15K new-buyer tax credit.
More than $15T will likely be inherited by Gen X and millennials before 2030. Like their parents, these buyers will also expect excellent above-and-beyond service.