Fed Says It May Raise Interest Rates in March
In the face of persistent inflation, the Fed announced Wed. it would soon raise interest rates. That’s likely to push all types of credit rates – including mortgages – higher.
Will That Lead Convert? How Assess the Chances
Gathering leads isn’t the goal. It’s a step. To effectively convert leads into customers, agents should know how to identify the likeliest candidates.
Condo Q&A: New Board Members Must Take Classes?
Also: May condo unit owners request a list of fellow owners who are delinquent? And what are the rules for replacing carpets with hardwood floors?
Spouse vs. House? Single Women Buying More Homes
Two out of three single women – the second-largest buying group – don’t need wedlock to buy a home, with 71% willing to move a future spouse in later.
5.9M Borrowers Missed Refinancing Savings
It’s not too late for these owners to save by refinancing – but if not, they also won’t feel locked into their homes, afraid to sell because “my interest rate will go up if I do.”
4Q Commercial RE: Fla. Home to 9 of Top 15 Markets
A 4Q 2021 NAR commercial report finds metros from Jacksonville to Miami and Naples with “the strongest overall commercial real estate market conditions.”
U.S. Consumer Confidence Drops a Bit in Jan.
Consumers’ current attitudes rose even as future expectations fell. Still, the gauge of people planning to buy a home within the next six months also went up.
Case-Shiller Price Increases: 2 Fla. Cities Top List
Nationwide, home prices rose 18.8% in Nov., and the S&P CoreLogic Case-Shiller index finds Tampa (up 29%) and Miami (up 26.6%) in 2 of the top 3 spots.
Fla. May Spend $400M on Rural-Area Broadband
It’s hard to work remotely with slow internet speeds, and the $400M in fed money could expand housing options to Fla.’s 21.2% of rural areas without broadband.
Number of Homes a Buyer Views Hits Record Low
In 2021, the average homebuyer viewed a median of eight homes before making an offer – and three of those showings were done virtually online.