1 in 5 Buyers Single Women – Twice the Percentage of Men
Single men and women buy homes for the same reason – a desire for ownership – but while 19% of all homebuyers are female, only 9% are men.
Evictions Slowly Rise After Ban Ends
Pundits who predicted a wave of rental evictions after the ban ended were wrong, in part because the process takes time. But evictions seem to be picking up.
Fed Meets: Expect 3 Interest Rate Hikes in 2022
In an abrupt policy shift, the Fed will also stop economy-boosting bond purchases twice as fast as planned, and possibly halt that program altogether in March.
Multifamily Owners Also Holding on to Property
It’s not just single-family owners holding onto homes: Multifamily owners have lengthened their hold periods due to cap rates, inflation and market dynamics.
Citizens’ Board Rejects 8% Rate Hike, Asks for 11%
After the Fla.-owned property insurer’s staff announced its recommendation – an 8% average policy rate increase – the board rejected it and now wants a full 11%.
A Fla. Company’s Holiday Bonus? 2 Free Homes
A/C and plumbing company Mechanical One will hold a drawing and give away two homes next Dec. – a bonus and one-year employee-retention incentive.
No Foreclosure Wave on the Horizon
Of the at-risk homeowners leaving forbearance, 73% have at least 20% home equity – and 28% have at least 50%. They may sell but they can avoid foreclosure.
FEMA Calls for Comments to Improve Land-Use Rules
The public can attend a virtual meeting today and submit comments until Jan. 27. FEMA wants to make sure its planning rules consider climate change.
Fla.-Owned Citizens Insurance Wants 8% Hike in 2022
The increase is an average and could be more or less for some homeowners. The request must first be approved by the Office of Insurance Regulation.
What Will 2022 Real Estate Look Like in S. Fla.?
Experts weigh in, saying prices will keep moving higher – but not as fast – as demand from foreign and out-of-state buyers continues to drive the market.