Home Prices Could See ‘Bumpy’ Road Ahead
Bubbles won’t pop, but fast price increases have made some experts take note. While the growth rate slowed, buyers in a few areas face a tricky price vs. worth balance.
Fla. TaxWatch: Climate Change More than Flooded Streets
A 56-page report looks at potential Fla. economic damages caused by a changing climate, such as agriculture and even the tax base of local governments.
FEMA Taking Stronger Steps to Deal with Climate Change
Calling it “the crisis of this generation,” FEMA created a single unified agency to ensure all department decisions and actions address the threat of a changing climate.
It’s Not Final, but Infrastructure Bill Seems Good for Real Estate
NAR says the deal that appears close to finalization includes many real estate goals it wanted, including $150B for affordable housing and keeping like-kind exchanges.
Get More Open House Leads: Consider It ‘a Performance’
Buyers judge agents at open houses. Agents should be sharp and well rested, and come armed with info that makes them sound like the go-to neighborhood expert.
Why Is Fall a Big Opportunity for Buyers?
Several signs suggest it may be a good time to buy. Competition has cooled, listings receive fewer offers, and about 1/3 of metros have seen an uptick in new listings.
Borders Open Nov. 8 for the Vaccinated – But Rules Vary
Most international visitors must be fully vaccinated, and some approved exceptions must quarantine for seven days after arrival. Children under 18 don’t need a vaccine if with vaccinated adults, but they’ll be tested for COVID once here. The CDC is still posting info to its website.
Those Falling Lumber Prices? They’re Going Back Up
High prices last spring stemmed from supply problems as the industry emerged to non-pandemic operations. Now it appears to be a demand problem.
Condo Q&A: Is It Legal for HOAs to Have 50/50 Raffles?
Also: A condo owner lives in a 125-unit community, and was told they need a website and must post certain official records. Must they? And: An independent contractor/handyman doesn’t legally need workman’s comp insurance. Is it okay to use him?
NAR: Sept. Pending Home Sales Drop 2.3%
Chief Economist Yun: The overall market is still running comfortably ahead of pre-pandemic levels, and the drop is a sign of a “calmer home price trend.” However, there will continue to be less inventory through the end of the year – a normal fall drop following the summer months.