Moody’s: A Few Areas May See Price Declines
Prediction: Local home prices could drop perhaps 5%-10% in a few U.S. areas with large home price increases that far surpassed their area’s household incomes.
Orlando Will Market Commercial Growth to Tourists
For the first time, Orlando will market business services and commercial growth to tourists, assuming some visitors are also key business decision makers.
In Some Areas, Furnished Homes Are Trending
With furniture and decorative costs continuing to rise, some builders and existing-home sellers add value by including their existing furnishings with the sale.
CFPB: Fair Lending Still Applies After the Loan
An “advisory opinion” says federal laws don’t just protect borrowers from discrimination when applying for a loan – they protect borrowers forever.
Thursday Deadline to Apply for Rental Assistance
The OUR Florida program helps pandemic-hurt families pay rent and utilities, but it’s almost out of funding and won’t accept new applications after May 12.
40% of Americans Will Qualify for Discounted Internet
Money budgeted in Congress’ infrastructure package will subsidize – and in some cases pay for – high-speed internet for rural and lower-income families.
New Starter Homes? Not Enough Profit to Build
The traditional lifetime moves from smaller to larger homes may be permanently disrupted due to limited amounts of land and rising construction costs.
More Dogs Moving Up from Apartments to Homes
When pandemic-driven people started looking for bigger, less urban homes, they put a high value on pet amenities, like backyards and durable flooring.
Fed: Inflation, Ukraine Top Financial System Threats
The Federal Reserve no longer considers Covid the biggest threat to the world economy. Now it’s “further adverse surprises in inflation and interest rates.”
Fla. Unlikely to Feel Impact from Slowing Market
Wary buyers and rising interest rates may affect some U.S. markets, but Fla.’s rising demand and lack of construction will probably offset a potential cooldown.