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Daily Archives: August 24, 2021

On-Time Rent and Mortgage Approvals: Here’s How It Works

Florida RealtorsBy August 24, 2021

Thanks to new technology, Fannie Mae lenders can check prospective borrowers’ bank statements (with permission) to verify rent-payment history starting Sept. 18. Freddie Mac plans to follow suit soon. Advocates say rent history is a better gauge of reliability than FICO scores.

Condo Law Changes Likely After Surfside – but It’s Complicated

Florida RealtorsBy August 24, 2021

A Broward task force will likely ask the state to boost inspections and change funding of reserves. But any new rules will face regulatory and political hurdles.

July New-Home Sales Up 1% as Prices Skyrocket

Florida RealtorsBy August 24, 2021

After a string of declines, new-home sales reversed direction in July, albeit only a little bit. Median new-home prices rose to $390K – 18.4% higher year-to-year.

Make Social Media ‘Pop’ with Graphic Design Platforms

Florida RealtorsBy August 24, 2021

How do you grab attention on social media – enough to entice viewers to stop and read your content? There are apps for that.

Supreme Court Hears Arguments For/Against the Eviction Ban

Florida RealtorsBy August 24, 2021

State Realtor associations told judges the ban exceeds the CDC’s authority. The CDC said the delta variant makes this moratorium even more important than the last one.

Affordability Still the Top Concern for Homebuyers

Florida RealtorsBy August 24, 2021

A New York apartment offering a 10-minute commute to work is now $74K less expensive than it was in 2019. But in some smaller cities, it’s more expensive.

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