Pending sales rose 8% month-to-month in May and 13.1% year-to-year – the highest May reading (114.7) since 2005. NAR’s economist calls it a surprise following April’s decline and less affordability; but higher wealth and “rising prices evidently provided funds for purchases.”
Using a new credit card could boost credit scores and help move to homeownership, though it would take 10 years to accumulate $6,000 if paying $1,500 per month.
However, the CDC previously said a July 31 extension would be the last, and the court will keep the ban in place for the “orderly distribution of … rental assistance funds.”
Common words often have specific legal definitions and might not mean what you think. Sometimes, the definition is specific to a contract. Sometimes it’s industry-specific. And sometimes a regular dictionary is the right reference source.
During the Great Recession, some owners treated their home like a piggy bank, later finding themselves underwater. Don’t make that mistake again, Fannie’s chair says.
Three bills from the 2021 final report on the Legislature become effective Thursday, including a new property insurance law and $900M to help the environment.
The tight listing inventory has led to an uptick in phone calls asking homeowners if they’re interested in selling – but occasionally U.S. and state do-not-call laws are ignored. The Fla. Dept. of Agriculture says complaints are up 41% this year, and it wants all violations reported.
During the Great Recession, some owners treated their home like a piggy bank, later finding themselves underwater. Don’t make that mistake again, Fannie’s chair says.
The UF gauge of Florida consumer outlooks fell in May but rose 1.5 points to 82.7 in June. Economist expects confidence to “keep recovering slowly in the months ahead.”
The April Case-Shiller home price report found prices rising at their highest pace since 2005, and the forces pushing prices higher offer “little evidence of abating.”