Oregon Bans Buyer “Love Letters” – Broker Sues
So-called love letters from buyers to sellers potentially raise fair housing concerns, but a brokerage says it violates First Amendment free speech rights.
Builders’ Hope Manufactured Homes Will Find Buyers
Homes largely built in factories and assembled onsite cost notably less, and builders say that option can help solve the affordable-home shortage.
One Pandemic Perk? Credit Scores Reach All-Time High
Relief programs and slower consumer spending boosted the average credit score 8 points, to 716, putting homeownership within reach for more buyers.
Support a Florida Realtors Charity on #GivingTuesday
Realtors® are known for their giving spirit and love of community. Help us gift a smile or two this GivingTuesday by supporting a worthy cause. Click to learn more.
Florida Realtors Targeted With Scam Using GoFundMe
Scammers created a fake “GoFundMe” campaign to raise money for a Florida Realtors’ member’s child suffering from a rare disease. Don’t believe it.
Some Fla. Counties Disburse 100% of Rental-Aid Money
Other Fla. counties have not. Miami-Dade and Palm Beach counties distributed all their initial rent-assist funding, for example, but Broward had used only 32%.
Reservoir Completion Should Ease Toxic Algae Problems
The Corps of Engineers finished a $339M project to reroute excess water, which should cut St. Lucie River algae blooms that plagued nearby homeowners.
NAR: Oct. Sales Up 0.8% – but Down 13.1% Year-to-Year
Despite rising mortgage rates and a tight listing inventory (down 12% year-to-year), determined Americans kept purchasing homes in Oct.
Fla. Market: Median Prices Up, Amid Low Oct. Inventory
Florida Realtors’ data: Demand, low inventory impact prices. Single-family home median sale price up 17.7% to $358,950, condo median price up 17.6% to $260,000.
Fed will Maintain Current Policies Under Current Chair
Buyers keep an eye on mortgage rates, but there should be fewer surprises after Pres. Biden said he’ll rename Jerome Powell as chair for another four years.