FEMA’s Mobile App Helps Disaster Recovery
Available in English and Spanish, the app helps people find updated weather alerts, emergency shelters, links to recovery assistance and more within one app.
Real Estate Leads: Optimizing Ads
The “What’s your home worth?” ads carry less weight, in part because they’re overused, but also because today’s consumers balk at giving out their home address.
Few Builders Drop Prices as Mortgage Rates Rise
While some builders lowered prices, it’s tricky. Most want to spur demand without offending their contracted buyers who already agreed to pay a higher price.
More Buyers Looking Outside Their Metro Area
1 out of 3 (32.6%) people doing a home search on Redfin’s site looked beyond their metro area, and four of their top 10 preferred destinations are located in Florida.
NAR Study: International Buyers Are Back
In NAR’s annual report, 1 in 4 (24%) international buyers chose Fla. Nationwide, they spent $5.9B, up 8.5%, even as single-family home sales dropped 7.9%.
Builder Confidence Drops 12 Points in July
The 12% drop is the largest NAHB has recorded in its monthly survey of builder attitudes, except for 42 points in April 2020 – the first full month of the pandemic.