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Daily Archives: July 21, 2022

Phone Scams Down, Text Scams Up

Florida RealtorsBy July 21, 2022

Federal efforts have decreased the number of phone scams, but criminals focus now on text scams. The 1B spam texts sent in July 2021 increased to 12B this June.

In S. Fla., Housing Sales Drop as Inventory Grows

Florida RealtorsBy July 21, 2022

Some buyers can’t handle the high home prices and rising mortgage rates, and some sellers who were waiting for the market to peak have decided that time has come.

What’s It Like to Be a Buyer in Today’s Market?

Florida RealtorsBy July 21, 2022

Buyers in the market for at least six months have lowered their expectations more than once – and shortly after they do, they’re forced to lower expectations again.

Condo Q&A: Ins and Outs of Insurance Coverage

Florida RealtorsBy July 21, 2022

Condo owners usually have property insurance coverage, as do condominium associations. After a covered event, how do you decide which insurer must pay?

Study: Drop in Bidding Wars, Notably in Tampa

Florida RealtorsBy July 21, 2022

A bit less than half of U.S. listings had a bidding war in June, but in Tampa it was an even lower 28.9% compared to 54.2% in May and 58.8% in June 2021.

Mortgage Rates Edge Up to 5.54%

Florida RealtorsBy July 21, 2022

Mortgage rates are almost twice as high as they were one year ago (2.78%), though the weekly increase was modest compared to last week’s 5.51%.

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