Record Number of Young Adults: “Mom? I’m Home”
In 2020, the share of 25-34-year-old adults moving home hit numbers not seen since 1960 – almost one out of five (17.8%). In 2021, it was still 17%.
Red-Hot Housing Market Torching Prefab Stigmas
Buyers are taking a second look at pre-fab housing because as an affordable alternative as the site-built market remains competitive and frustrating.
Florida Realtors Leadership Academy Presents 2022 Class
Fourteen Realtors from across the state will enhance their leadership skills and learn more about Florida Realtors through a number of activities and sessions.
Under-Utilizing Your CRM? Most Use Only 10%
Customer Relationship Management (CRM) software does many things, and the Real Estate Technology Institute thinks many brokers fail to take full advantage.
Inventory: Affordable Homes Up, Luxury Down
The end of forbearance programs and foreclosure moratoriums enticed more at-risk homeowners in lower-cost homes to sell and cash out their higher equity.
Zillow to Pay $1.9 Million in Copyright Case
In 2014, Zillow used listing-agent photos for a new section, Zillow Digs. The fine covers continued photo use after the copyright owner sent a cease-and-desist letter.
The Pandemic Didn’t Kill the Office Market
Office leases picked up in the final quarter of 2021 – as much as 89% in some major markets. But it’s too early to estimate how big the resurgence will be.
Second-Home Sales Hot in Q1 and Q4 2021
Second-home mortgage-rate locks hit 5.7% early last year before dropping, then bouncing back to 5%. The top market? Fla.’s Sumter County with a 65% increase.
Little Change in Weekly Mortgage Rates: 3.55%
The 30-year, fixed-rate mortgage changed little from last week’s 3.56%. While still historically low, any rise in rates may dampen demand later this year.
NAR: Dec. Pending Sales Slide 3.8%
“Diminished housing supply offered consumers very few options,” says NAR’s chief economist. He predicts a 2.8% sales decline by the end of 2022.