HUD Awards Additional $5.7M to Fair Housing Programs
Agencies must apply by Dec. 30. The money can be used for a range of fair housing activities related to discrimination resulting from the COVID-19 pandemic.
U.S. Census: Less Racially Segregated, No Less Unequal
A Brown University analysis finds the primary factor driving Americans’ neighborhood choice is race rather than income. Some things got better; others did not.
Mortgage Rates Hold Steady This Week, Average 3.11%
Rates ticked slightly higher than last week’s 3.10%. Many economists predict increases since the Fed says it will tighten monetary policies – but it hasn’t happened yet.
How Many Homes Go to Investors? About 18%
According to the analysis, only Fort Lauderdale (18.6%) comes close to that number. In Jacksonville, more than 1 in 4 homebuyers (28.1%) are investors.
Affordability Crisis Getting Worse – What to Do?
In S. Fla., housing has never been affordable for most of its working-class population, and new challenges could take years to fix.
$6M in 4 Months? A Facebook Lead Strategy
The key: Many relocating buyers explore prospective cities via Facebook Groups. The strategy: Join those groups and become the voice for local real estate.