How Can Desktop Appraisals Make the Mortgage Process Easier?
Desktop appraisals – a temporary pandemic policy now made permanent – is less than a full on-site appraisal yet more than just software used for quick online estimates.
UF: Floridians’ Consumer Confidence Down for Third Month
Oct. consumer sentiment dropped 3.6 points, the third month in a row for sinking attitudes. At least part of the reason: Issues that slow recovery aren’t resolved.
Save Gas Money – Use Google Maps
The fastest route to a destination may not be the cheapest. A new tool helps Google Map users save money (and the planet) using those routes that minimize fuel costs.
When Will S. Fla. Rents Drop? Experts Say Not Soon
In 3Q, multifamily Palm Beach County rents were up 28% year-to-year, as out-of-state newcomers and low inventory created lots of demand for too-few available units.
Fed Set to Wind Down Economic Stimulus This Week
It has a tricky job though: curbing inflation without hurting the economy. For homebuyers, it might mean slowly rising mortgage rates as the Fed cuts back on bond buys.
Will Fla. Have Enough Homes If Canadians Return?
While Canadians and Realtors cheer Nov. 8 border re-openings, foreign visitors will be competing with an uptick in Americans now calling Fla. their winter home.
Buyers May Face Hidden Costs for Homes with Solar Power
“Solar-powered home” sounds like a great money-saving deal, but buyers should study possible costs before committing. Not all property insurance companies will cover solar panels, and the ones that do have a wide-ranging set of rules and inconsistent coverage pricing.
Millennial Demand Should Keep Housing Strong for Years
Almost 1 in 4 Americans (22%) is a millennial. As homebuyers, they made up more than 1 in 3 (37%) customers over the past year, according to Barron’s.
FinCEN Targeting Extended for Six Months in S. Fla.
The rule that requires title companies to identify actual buyers – not shell companies – in 12 major U.S. metro areas now stays in effect until April 29, 2022.
HUD Granting Fla. $113.2M for 2020 Disaster
Fla. and nine other states will share more than $2B in CDBG-Disaster Recovery Funds. The Fla. money is a response to Hurricane Sally (Sept. 14-28, 2020) damage.