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Daily Archives: July 27, 2022

NAR: June Pending Home Sales Fell 8.6%

Florida RealtorsBy July 27, 2022

Year-to-year, pending sales were down 20%. NAR says that over three years (June 2019 to June 2022) home prices rose 80%, and it now predicts a 13% decline in 2022.

Fed Unleashes Second 3/4-point Rate Hike

Florida RealtorsBy July 27, 2022

The Fed’s inflation battle now includes two 3/4-point interest rate hikes in a row. Since it was expected, most mortgage rate increases have already occurred.

Florida Realtors a 2022 Top 100 Best Companies

Florida RealtorsBy July 27, 2022

Florida Trend magazine named the state Realtor association one of the “best companies to work for in Fla.” With a staff of 140, Florida Realtors won as a medium-size firm.

$12.1M Goes to Fla.’s Hometown Hero Homebuyers

Florida RealtorsBy July 27, 2022

About 12% of the $100M allocated by Fla. lawmakers for the Hometown Heroes homebuying program has been dispersed so far, according to Gov. Ron DeSantis.

NAR Benefit Helps Convert Renters to Buyers

Florida RealtorsBy July 27, 2022

A new member benefit introduced by NAR, Rental Beast, offers rental-listing management tools, such as ones that promote a renter-to-buyer conversion.

Forecast: Fla. Will Keep Growing – But a Bit Slower

Florida RealtorsBy July 27, 2022

Economists who estimate demographics and predict growth lowered their Fla. expectations. By April 2027, they now peg Fla. at 1.29% – a drop from their earlier 1.41%.

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