HUD Grants Palm Beach $14M Loan Guarantee
The business-loan money, part of HUD’s Community Development Block Grant program, requires that 51% of new jobs go to lower-income county residents.
Disaster Relief Fund Awards $200K in 2021
When Realtors, employees or association staff need help following a natural disaster, Florida Realtors Disaster Relief Fund steps in to help.
Mortgage Rates Jump Almost 1/4 Point – to 3.45%
The Fed announced it would tighten monetary policy more quickly, which pushed the 30-year, fixed-rate mortgage higher compared to last week’s 3.22%.
House Fire Deaths: Almost 50% Caused by Space Heaters
Fla.’s sporadic cold weather makes space heaters popular, but last weekend’s Bronx fire and 17 deaths serves as a warning: Use them with safety in mind.
Mortgage Delinquency Rate at Prepandemic Level
The number of homeowners who are late paying their mortgage (3.8%) is largely the same as it was before the pandemic began (3.7% in 2019).
2022 RE Trends: What’s Ahead for Fla. Real Estate?
If only there was a way to predict the future so you could prepare? There is. On Jan. 19, virtually and in-person, Fla. economists will unveil their 2022 predictions.
Fannie Announces Free Courses for New Homebuyers
The online service aligns with national course standards – the level first-time buyers need to qualify for some mortgage products, like low-down payment loans.
Americans Moving to Sun Belt States
Both U-Haul and United Van Lines listed Fla. as a top destination state. NAR’s chief economist credits affordability, job creation and lower taxes for the moves.
Swanepoel Power 200 List Includes Fla. Leaders
Congratulations Margy Grant, Merri Jo Cowen, Dionna Hall, Budge Huskey, Teresa King Kinney, Rei Mesa, Mike & Christina Pappas and Michael & Drayton Saunders.
CPI Says Rents Up 3%, Apartment List Says 18%
Why the disconnect? The Consumer Price Index looks at all U.S. rents, while other rent-increase calculations consider only the amount charged to new tenants.