CBRE Survey: Commercial Investment to Grow 10%
Investors are expected to keep targeting real estate for attractive returns relative to other asset classes – and increasingly as a hedge against inflation.
Rising Rates Dampen Demand for Second Homes
Rising mortgage rates and home prices have dampened demand for vacation homes. As voluntary purchases, they tend to be more sensitive to market changes.
Will Ukraine War Impact Fla. Real Estate?
On the one hand, Fla. is the No. 1 state for Russian RE investing – 29% of all U.S. purchases. On the other, Russian buyers make up only 0.8% of all foreign purchases.
Referrals: A Good ‘Thank You’ Encourages More
Top producers say 82% of their business comes from referrals, making good, ongoing “thank you’s” perhaps the most effective tool in a marketing arsenal.
NAHB to Pres. Biden: End Lumber Tariffs
During a virtual White House “listening session” Monday, builders said Canadian lumber tariffs dramatically affect new-home prices and economic stability.
HUD Gives Fla. $114M to Help the Homeless
The U.S. will spend $2.6B in the next fiscal year to end homelessness, with 328 Fla. agencies receiving anywhere from $10,000 to $3.2 million.
Fla.: 2nd Highest for Foreclosures – But No Big Deal
Foreclosures are low and inching their way back to normal, with no post-pandemic impact so far. Still, only Calif. had more than Fla. in January.