For Many Buyers, Luck and Superstition a Top Concern
Survey: 2 out of 5 (38%) buyers say they rejected a listing because it didn’t feel quite right – and 50% would blow their budget for one that felt lucky.
New-Home Costs Skyrocketing – and Not Just Due to Lumber
While lumber costs deserve a lot of the blame for the rising price of new homes, other things – crude oil (paint), drywall, ceramic tile – are also more expensive.
Some Fla. Agents See a ‘Mass Migration’ from Calif.
Pandemic relocation numbers aren’t out yet, but agents across Fla. report a higher number of new clients are Californians looking for a less expensive lifestyle.
Home Flipping – and Profit Margins – Lower in 2020
The 2020 real estate market wasn’t ideal for home flippers who buy homes, fix them up and resell. ATTOM’s 2020 report found that fewer home flips were funded by fewer mortgages. And while gross profits went higher, profit margins dipped for the third straight year.
Hospitality Industry Expects a ‘Vaxication’ Turnaround
While the pandemic hit the hospitality industry hard, it expects a big rebound if newly vaccinated Americans over-compensate for vacations they lost out on in 2020.
Legal Q&A: What Are Illegal Condo Board Activities?
Can a delinquent owner’s name be included in the minutes? Can a board ban recordings? Must board members’ names be recorded on how they voted?