Home Sellers’ Profits – ROI – Take Surprising Turn
In 2Q 2021, home sellers’ average profit was up over the previous two quarters, but the profit margin (return on investment compared to original purchase) dropped a bit.
No New Onslaught of Eviction Cases Filed on Monday
The eviction ban ended last weekend, but S. Fla. courts saw less movement on Monday than they expected. Lawyers think some landlords might be holding off to make sure there isn’t another extension, and federal stimulus payments and rent aid have helped some at-risk families.
More Homes Going to iBuyers – But Numbers Still Low
Overall, the iBuyer segment has returned to its pre-pandemic levels. However, the instant home-sale numbers are still less than 2% even in Fla.’s biggest iBuyer markets.
3 in 10 Sellers Say Security Cameras Have Monitored Buyers
Security cameras are cheap, easy to install and almost everywhere. The top reason sellers monitor home shoppers? To find out what they don’t like about their house.
Sales of $1M-Plus Homes Soar
Some Americans did well during the pandemic, boosting demand for luxury housing – a segment that doesn’t face the same supply shortages as lower-priced homes.
Delta Dawn: Virus Variant Creates Business Uncertainty
A new, fast-moving variant jolted the steady pandemic recovery, leading some business leaders to rethink their timelines for workers’ return to the office.