$6M in 4 Months? A Facebook Lead Strategy
The key: Many relocating buyers explore prospective cities via Facebook Groups. The strategy: Join those groups and become the voice for local real estate.
In 2018, Warehouses Overtook Offices in Total U.S. Space
Office markets’ future – who will/won’t return – still isn’t clear, but it lost its No. 1 spot in total space in 2018 as the warehouse sector rose to the top.
NAHB: Home Price Appreciation Slows in Sept.
Home prices continue to rise, but the pace of that rise seems to be slowing. Since June, year-to-year increases have decelerated for four consecutive months.
Millennials Locked Out of Hot Real Estate Markets
On Monday, NAR said that pending sales rose 7.5%, but it appears the buyer uptick includes fewer millennials as home prices rise beyond their reach.
Condo Q&A: Can an Owner’s POA Son Be on the Board?
Also: A non-gated community installed security cameras at entrances. Now board members monitor who comes and goes on their cellphones. Is that legal?
FHFA: 2022 Loan Limits 18.05% Higher – to $647K
The cap on conventional and FHA loans will rise notably higher next year, with caps in a handful of high-cost markets coming close to $1 million.
Report: Fla. a Top State for Tiny Homes
Want sun, sand and surf, and don’t mind a stove that’s two feet from your bed? Many people do, and Fla. ranked fourth for tiny homes, which cost about $50K.
Fla.’s Insurer-of-Last-Resort Sees Lawsuits Spike
From Jan. through Sept., Citizens Ins. received an average 878 new lawsuits each month – a 45% increase compared to the same timeframe in 2020.
U.S. Consumers Less Happy but More Optimistic
The Nov. Consumer Confidence Index fell from 111.6 to 109.5. “Expectations about short-term growth prospects ticked up, but job and income prospects ticked down.”
FHFA: Fla. Metro Price Increases Top National Average
U.S. home prices rose 18.5% year-to-year in 3Q, but the increases in eight Fla. metros ranged from 20.5% in Central Florida to 34.7% in Cape Coral-Fort Myers.