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Category Archives: Florida Realtors

NAR Economist Yun: Housing Market May Normalize in 2022

Florida RealtorsBy November 15, 2021

Forecasts always include caveats that may upend predictions, but NAR’s Lawrence Yun says the market is hot right now – and he sees more of the same in 2022. While next year’s sales may not surpass 2021 numbers, he expects a banner year compared to those before the pandemic.

Do Phone Apps Organize Your Business? What If You Die?

Florida RealtorsBy November 15, 2021

Currently, Apple permits iPhone users’ survivors to delete data without reading, but a new “Legacy Contact” feature will allow them to designate data inheritors.

Is a Flipped Home Better than ‘As Is’? Maybe, Maybe Not

Florida RealtorsBy November 15, 2021

Buyers may find a newly flipped home more appealing because much of it feels new –, but not all flips are the same. An inspection is highly recommended.

NAR Files Court Response to DOJ Agreement Dispute

Florida RealtorsBy November 15, 2021

In Sept., NAR filed a petition asking the Dept. of Justice to change or drop its opposition to an agreement announced earlier. On Fri., it reacted to DOJ’s response.

Commercial: Expect More Mixed-Space Development

Florida RealtorsBy November 15, 2021

Even commercial sectors hit hardest by COVID-19 are showing signs of life. Given tight residential markets, though, office-to-housing conversions are a hot topic.

First Time Ever: Inflation Soars as Mortgage Rates Plunge

Florida RealtorsBy November 15, 2021

The last time inflation rose as mortgage rates fell? Never. But the world is awash with cash, and that holds down mortgage rates, says Wells Fargo senior economist.

Veterans Day Legislation Targets GI Bill Racial Inequities

Florida RealtorsBy November 12, 2021

After WWII, white veterans got homebuying aid through the GI Bill, yet many Black veterans did not. A group of senators now want to offer that benefit to descendants.

Residents Win $35M in HOA Lawsuit Against Developer

Florida RealtorsBy November 12, 2021

It took four years, but a 55-plus Poinciana community of 5K residents won a class action lawsuit against the developer over issues related to amenity ownership and use.

Survey: Sellers Waiting Out Pandemic Are Ready to List

Florida RealtorsBy November 12, 2021

Owners who postponed selling during the pandemic – perhaps waiting for a sign that price increases were slowing – appear ready to list their home within the next six months. Many, however, plan to overprice it – and they expect bidding wars to push the final price even higher.

Zillow Sells 11% of Its iBuyer Inventory to an Investor

Florida RealtorsBy November 12, 2021

The firm sold about 20% of the homes Zillow Offers currently owns to an investment firm, leaving it about 7,800 – but it goes up to 16,000 after pending sales close.

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