Vacation Rentals Look More Like Theme Parks
How to maximize short-term-rental profit? To stand out from online competition, more are offering amenities such as themed bedrooms and private arcades.
More Buyers Drop Out Due to Prices, Stress
Buyers can only lose so many bids before “stop trying for now” starts to sound good. Moderating prices result, in part, from buyers deciding to wait.
Competition Pushes Investors into Tertiary Markets
“Flyover country” is becoming “best place to invest in real estate” country as investors seeking higher yields focus on places like Manhattan, Kansas.
A Higher March Interest-Rate Hike? Fed Discussing It
While most Federal Reserve Governors seem to favor a 0.25% March interest-rate increase, one gave a speech suggesting she’d be OK with 0.50%.
Feb. Consumer Confidence Down – but Only a Bit
The index fell to 110.5 from Jan.’s 111.1. Attitudes about current conditions improved, however, while attitudes about the future were less rosy.
Nov. U.S. Home Prices Up 18.8% Year-to-Year
The increase in the top 10 and top 20 cities in S&P CoreLogic Case-Shiller Index’s was slightly less, but Phoenix, Tampa and Miami had highest year-over-year gains.
DOJ Focusing on Appraiser Fair Housing Lawsuit
The Civil Rights Division filed a “statement of interest” in a San Francisco appraisal case where value rose by $500K after removing signs of Black ownership.
Teardowns Return as the Cost of Land Rises
A growing number of S. Fla.’s midcentury homes – basic one-story cinderblocks – are being torn down and replaced as the amount of buildable land disappears.
Fla. Home Sales, Median Prices Up in Jan.
Florida Realtors: Statewide single-family home sales up 1.4% year-over-year, median price up 23% to $375K. Condo sales up 6.7%, median price up 23.9% to $285K.
Dislike CFPB Rules? Ask Them to Change It
The nation’s consumer bureau says the public can now submit rule-making petitions directly, and they’ll be posted on public dockets for review and comments.