Fannie’s Chair Warns Owners: Don’t Take Out Too Much Equity
During the Great Recession, some owners treated their home like a piggy bank, later finding themselves underwater. Don’t make that mistake again, Fannie’s chair says.
Home Price Increase: The Highest in More than 15 Years
The April Case-Shiller home price report found prices rising at their highest pace since 2005, and the forces pushing prices higher offer “little evidence of abating.”
Floridians’ Confidence Up in June After Dip in May
The UF gauge of Florida consumer outlooks fell in May but rose 1.5 points to 82.7 in June. Economist expects confidence to “keep recovering slowly in the months ahead.”
Fannie Chair Warns Owners: Don’t Take Out Too Much Equity
During the Great Recession, some owners treated their home like a piggy bank, later finding themselves underwater. Don’t make that mistake again, Fannie’s chair says.
Fla. Wants Residents to Report Unsolicited Real Estate Calls
The tight listing inventory has led to an uptick in phone calls asking homeowners if they’re interested in selling – but occasionally U.S. and state do-not-call laws are ignored. The Fla. Dept. of Agriculture says complaints are up 41% this year, and it wants all violations reported.
New Fla. Laws Go into Effect on July 1
Three bills from the 2021 final report on the Legislature become effective Thursday, including a new property insurance law and $900M to help the environment.
U.S. Consumer Confidence Moves Higher in June
National consumer confidence has moved higher four months in a row, and June numbers hit their highest level since the start of the pandemic – in March 2020.