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.
Multifamily: FHA Nixes Tough Pandemic Loan Rules
Multifamily project developers will find it easier to secure FHA loans after the agency eased tough standards introduced early in the pandemic.
1 of 4 Realtors Works as Part of a Team
However, one size does not fit all. A coaching firm identified five team models: referral agent, partnership, standard team, group and mega group.
NAR: Jan. Existing Home Sales Surge 6.7%
Pressured by a fear of rising interest rates, investors and families rushed to buy homes in Jan. as listings remained tight and prices rose 15.4% year-to-year.
Realtors May Not Be Using All The iPhone Tools
Problem with a home? Take a photo, circle it and send. iPhones also have built-in levels – and Facetime can make it look as if you constantly hold eye contact.
New Minimum Heights Considered by Miami-Dade
In response to climate change and rising seas, Miami-Dade County may double buildings’ minimum elevation requirements, increasing the cost of new housing.