‘First-Time Buyer’ Season 2 Out Now
The NAR-produced TV show that focuses on the challenges and joys exhibited by first-time homebuyers, and its second season debuted recently on Hulu.
The NAR-produced TV show that focuses on the challenges and joys exhibited by first-time homebuyers, and its second season debuted recently on Hulu.
Inflation is weighing on buyer decisions, according to a study. While 24% now plan to move faster, 1 in 10 have canceled plans and 29% have decided to delay.
The 20-city home price index climbed 18.4% in Oct. year-to-year – though the pace of that rise is down a bit from Sept.’s 19.1% year-over-year increase.
Florida Realtors: Condo sales dropped slightly year-to-year, single-family home sales and pending sales rose in Nov. Prices rose more than 19% for both.
One week earlier, a 30-year, fixed-rate mortgage averaged 3.05%; a year ago, it averaged 2.67%. Most economists predict more slight rises in 2022.
It’s the third straight month for increased sales. However, prices jumped 13.9% higher year-to-year as the inventory of for-sale homes decreased 13.3%.
Fla. job growth will outpace the nation, says UCF, and the housing industry – an “albatross” in the Great Recession – will “be an important economic driver.”
The answer largely lies within the Code of Ethics, and while there are some specific requirements, the keyword for all transactions is “transparency.”
Is it OK to use one of Florida Realtors’ residential contracts for a new-construction home? The short answer: No. The longer answer: Buyers likely lose important protections and it may lead to litigation.