iBuyers Get More Comfortable with Virtual Home Flipping
The technology to visit, bid and close on homes existed pre-pandemic, and iBuyers now rely on it for more acquisitions – but it’s unclear how successful they’ll be.
The technology to visit, bid and close on homes existed pre-pandemic, and iBuyers now rely on it for more acquisitions – but it’s unclear how successful they’ll be.
While housing price gains may be starting to slow, Case-Shiller’s June report found a year-to-year increase of almost 20%. One Case-Shiller analyst called the past few months “extraordinary not only in the level of price gains but in the consistency of gains across the country.”
Americans felt less confident in Aug. when the pandemic resurged, and the confidence index fell to its lowest level since Feb. But it’s too soon to draw conclusions.
The Board of Directors met on the last day of the convention and confirmed Florida Realtors’ 2022 officers. Christina Pappas is 2022 president and Mike McGraw president-elect, with Gia Arvin confirmed as vice president, Tim Weisheyer as treasurer and Chuck Bonfiglio Jr. as secretary.
UF: The Aug. index gauging Floridians’ attitudes fell 4.7 points, thanks in part to COVID-19. Still, it’s less than half the 10.9-point drop in a similar national study.
Neat Loans says COVID-19 created a new health risk for borrowers, and the credit is one way to lessen the chance that one of its loans will go into foreclosure.