One Cause of Rising S. Fla. Rents? Lots of Unsuccessful Buyers
In addition to a wave of new Fla. residents, many buyers find themselves “forced to rent,” many month-to-month, because they haven’t successfully found a home to buy.
Delicate Task for Fed: When to Pull Back on Low-Rate Support?
When will interest rates go up? The Federal Reserve might weigh in, but it still says that inflation is a temporary problem caused by supply-chain bottlenecks.
Proposed Amendment Would Protect Affordable Housing in Fla.
Doc stamp money in Fla.’s affordable housing trust funds should be used for affordable housing, but the Florida Legislature often “sweeps” it into general revenue. A constitutional amendment proposed by Florida Realtors would change that and secure ongoing support for housing in Fla.
Real Estate Economy: It’s Not a Bubble Unless it Pops
A bubble, by definition, pops and prices plummet. Look at buyer demand. Look at homeowner equity. Prices could stop going up for a bit – but it’s not a bubble.
Shades of Sci-Fi: Holograms May be Next Webinar Option
Several companies say meeting participants can be 3-D holograms of remote workers, a close replication of in-person meetings – but no one-on-ones by the water cooler.
Builder Confidence Hits Lowest Point in 10 Months
NAHB chairman says supply-chain problems, like lumber, created production problems that forced some buyers out of the market when they could no longer afford a new home.