How Profitable Will Commercial Real Estate Be This Year?
A Dec. national poll found 69% of commercial RE brokers said they made more money in 2021 than in 2020, and a NAR report predicts a strong year in 2022.
2022 Property Tax Appeals May Be Less Successful
Property owners who wish to appeal their taxes must prove that their house is over-assessed – a tall order in an era of rapidly rising home prices.
Floridians More Optimistic About the Future
UF’s monthly sentiment index ticked up 2.6 points in Dec. Current attitudes were mixed, but people showed increased optimism about the economy later this year.
Economy and Job Growth to Slow but Remain Strong
Many economists say the economy exploded in 2021 as the nation emerged from lockdowns, and 2022 will be more of the same – but at a less hectic pace.
Higher Rates and Replacement Costs Will Raise Prop. Ins.
Every Fla. property insurance company calculates “replacement cost” differently, but almost all will charge more next year – in addition to other standard increases.
Can a Son Use My Credit Score to Buy a Home?
RE Q&A: A mother wants to share title for one year and sign the home over to him because she has a stronger credit score. Is there a downside?
Sellers: Study Suggests More Owners Ready to List
The current market favors sellers, but owners see slowing price increases and buyers being priced out of the market. Many who held off may decide it’s time to sell.
NAR: Nov. Pending Home Sales Down 2.2%
The drop reverses an increase in Oct. NAR Economist Yun attributes it to a tight inventory supply and buyer hesitation over rising home prices.
Dec. Consumer Confidence: Americans More Optimistic
While attitudes about the current economy dropped slightly, consumers seem to think the future is brighter with the Expectations Index rising 6.7 points.
Community Mourns Realtor Shot in S. Fla.
On Dec 23, a Coral Springs agent was killed inside her car near a house she was showing. The killer, a former tenant, allegedly mistook her for the landlord.