NAR’s Yun: Any Economic Downturn Likely Mild
The chief economist pointed to signs of a recession – and signs that suggest no recession. At the least, he says, the latter should block a major economic slowdown.
Mortgage Rates Drop Below 5%
At 4.99% it’s not far below, but it’s the first time in four months the 30-year, fixed-rate mortgage averaged below the psychologically significant 5% mark.
Offer IDX on Your Biz Website? You Should
Buyers want a go-to website, and IDX allows individual Realtors to post MLS listings. It can also boost website status in search engines when listings get shared.
Floridians Keep Pulling the Plug on Phone Lines
If do-not-call laws didn’t hurt cold-call marketing, changing technology will: 20 years ago, Fla. had about 12M landlines; by 2021, it had only 1.152M.
Buyers’ Income Rises Along with Home Prices
Buyers became richer between 2019 and 2021, notably in four “top 10” Fla. metros, as wealthier out-of-staters opted to buy a Fla. home during the pandemic.
Senate Continues Housing-Crisis Investigation
Testimony suggested that “opaque ownership laws” and specifically LLC ownerships have turned “I’m going to let them foreclose” into a business tax strategy.