15 Cities Owned the Wild 2020 Market – 7 Were in Fla.
CoreLogic: Where did pandemic-burdened Americans move? Many to Fla. The data firm found 7 Fla. metros at the top – 3 on the Atlantic, 3 on the Gulf and 1 in the middle.
New Eviction Ban Stumbles Forward – Renter Help Slow to Arrive
There’s a lot of anger and confusion over the latest eviction ban. Judges don’t know whether the latest moratorium from the CDC is legal while it faces challenges in federal court. Until there’s a ruling, each judge will apply his or her own reasoning when deciding eviction cases.
NAR Partnership Gets Realtors $50 Off Junk Removal
Realtors, their families and association employees can use the discount for themselves or their clients through NAR’s newest partner, 1-800-GOT-JUNK?
HUD Program Helps Older Owners Age in Place
Two Fla. agencies will receive almost $2M. The program helps older residents make functional home modifications that enable them to stay in the home as they age.
First-Time Homebuyers Out of Luck in Hot Housing Market
Historically, first-time buyers got a 1,400-square foot starter home and traded up later. But builders offered 418K of those yearly in the 1970s – only 55K in the 2010s.
Redfin Delays Reopening, Mandates Shots for Workers
Seattle-based Redfin has made vaccines mandatory for all personnel as it reopens offices, though non-vaccinated workers will continue to have a work-from-home option.
Freddie Mac Rolls Out New Lower-Cost Renovation Mortgage
The mortgage giant says “CHOICEReno eXPress” helps buyers and owners reduce costs compared to using credit cards or unsecured financing for small-scale projects.
Most Consumers Now Comfy with Online Closings
After a year of the pandemic, 81% of adults say they’re okay buying things – even expensive things – online, especially with extra authentication and verification steps.
Outlook Brightens for Apartment Landlords Amid Rising Rents
Moody’s Analytics REIS: The national average effective rent, a key industry measure, rose 0.6% in 2Q 2021, lifting the average U.S. effective rent to $1,394.79.
Latest ‘Blow Me Away’ Amenity for Buyers? Home Classrooms
Some parents home-schooled their kids even before the pandemic. But after the recent lockdowns, more buyers with kids see it as a golden amenity.