HUD: FHA Lending in Good Shape, No Premium Decrease
In a quarterly report to Congress, HUD said it has no “near term” plans to change FHA mortgage insurance premiums, citing delinquencies and its “duty to manage risks.”
March Consumer Confidence Surges Almost 20 Points Higher
It’s the highest level since the pandemic began, with a notable uptick in interest for big-ticket items. Of note: The component measuring current conditions improved significantly, suggesting the economy will continue to expand at least until summer.
Real Estate Agents Rethink Decades of Advice on Pools
Pandemic-era demand has risen for pools and hot tubs. Zillow says “pool” was last year’s most common search term, and pool homes tend to get about 1% more than expected.
Is the New Workweek 3 Days In, 2 Days Out?
The “What will happen after the pandemic?” question continues to be debated, but many companies seem to be focusing on a hybrid work-from-home system.
Top Reason Realtors Become Realtors? Self-Motivation
NAR survey: For 3 out of 5 Realtors, self-initiative drove them into real estate. Of residential Realtors, 21% made more than $100K in 2020; 66% for commercial Realtors.
Jan. Home Prices Soared – Biggest Increase In Seven Years
S&P CoreLogic Case-Shiller: Prices rose 11.1% year-to-year in Jan., the biggest gain since March 2014. Prices rose in all 20 cities included in the report.