Omicron May Threaten New Disruption in Real Estate
Analysts: Fears over the omicron variant could drive mortgage rates lower and perhaps stall demand for what has been a rebounding office sector.
Fla.: 9th-Least Amount of New Housing to Job Growth
The report says population density is part of the problem in increasing housing supply, as most consumers prefer living in single-family homes.
Trend No More? Escalation Clauses Losing Appeal
More real estate pros are advising clients not to use the clauses, which may give away too much info in a bidding war and hurt any negotiations.
Knowledge Is Power: 2022 Mid-Winter Business Meetings
Insight helps in a changing market. Florida Realtors’ 2022 Mid-Winter Meetings provides the edge you need to succeed.
Home Prices Keep Rising, but Here’s the Good News for Buyers
After increasing for 14 straight months, home price growth finally slowed in September. Experts say it’s a step in the right direction for buyers in 2022.
How Many Homes Go to Investors? About 18%
According to the analysis, only Fort Lauderdale (18.6%) comes close to that number. In Jacksonville, more than 1 in 4 homebuyers (28.1%) are investors.
Mortgage Rates Hold Steady This Week, Average 3.11%
Rates ticked slightly higher than last week’s 3.10%. Many economists predict increases since the Fed says it will tighten monetary policies – but it hasn’t happened yet.
U.S. Census: Less Racially Segregated, No Less Unequal
A Brown University analysis finds the primary factor driving Americans’ neighborhood choice is race rather than income. Some things got better; others did not.
HUD Awards Additional $5.7M to Fair Housing Programs
Agencies must apply by Dec. 30. The money can be used for a range of fair housing activities related to discrimination resulting from the COVID-19 pandemic.
Affordability Crisis Getting Worse – What to Do?
In S. Fla., housing has never been affordable for most of its working-class population, and new challenges could take years to fix.