Community Mourns Realtor Shot in S. Fla.
On Dec 23, a Coral Springs agent was killed inside her car near a house she was showing. The killer, a former tenant, allegedly mistook her for the landlord.
‘First-Time Buyer’ Season 2 Out Now
The NAR-produced TV show that focuses on the challenges and joys exhibited by first-time homebuyers, and its second season debuted recently on Hulu.
Inflation Pushing 1 in 4 Buyers to Accelerate Plans
Inflation is weighing on buyer decisions, according to a study. While 24% now plan to move faster, 1 in 10 have canceled plans and 29% have decided to delay.
Case-Shiller: Home Prices Surge 18.4% in Oct.
The 20-city home price index climbed 18.4% in Oct. year-to-year – though the pace of that rise is down a bit from Sept.’s 19.1% year-over-year increase.
Fla.’s Nov. Sales: Single-Family Up, Prices Up
Florida Realtors: Condo sales dropped slightly year-to-year, single-family home sales and pending sales rose in Nov. Prices rose more than 19% for both.
Mortgage Rates End 2021 Slightly Higher: 3.11%
One week earlier, a 30-year, fixed-rate mortgage averaged 3.05%; a year ago, it averaged 2.67%. Most economists predict more slight rises in 2022.
NAR: Existing Home Sales Rose 1.9% in Nov.
It’s the third straight month for increased sales. However, prices jumped 13.9% higher year-to-year as the inventory of for-sale homes decreased 13.3%.
UCF: Housing Will Drive Economic Growth in 2022
Fla. job growth will outpace the nation, says UCF, and the housing industry – an “albatross” in the Great Recession – will “be an important economic driver.”
Buying/Selling Your Own Home? What to Disclose
The answer largely lies within the Code of Ethics, and while there are some specific requirements, the keyword for all transactions is “transparency.”