U.S. Consumer Confidence Drops a Bit in May
The feature measuring current attitudes dropped slightly, but Americans’ future expectations lowered in the face of inflation and interest rates.
Owners Weigh Options – Decide ‘Stay’ Is Best
Americans like to sell homes and move, but current owners look at today’s frustrated buyers and their low interest rate and think, “I’m fine right here for now.”
Sellers Waiting for Market Peak Think It’s Here
Some owners were waiting to list, hoping to maximize their potential profit; some may fear they have to act now. New listings are rising twice as fast as a year ago.
Lower Fla. Confidence Tracks Rising Inflation Rates
Consumer confidence in Fla. dropped a bit again in May, only slightly higher than the June 2008 reading. Regular monthly drops seem to track inflation’s rise.
Case-Shiller: May Home Prices Up More than 20%
Tampa (34.8%) and Miami (32.0%) showed large increases among the 20-city index. Those waiting for slowing prices “will have to wait at least a month longer.”
‘Hometown Hero’ Program Starts June 1
50-plus careers qualify for home-buying help up to $25K – over 3M Floridians. Income limits start at $120K, home prices at $420K. Webinar training this week.