When Will the Market Slow Down? Q&A with Fla. Experts
The real estate market is cyclical, but the next slowdown might take longer than you think. Most experts predict “boiling” well into 2022 or even 2023.
Landlords Ask Supreme Court to End the Eviction Moratorium
One judge ruled to end the eviction moratorium, but an appeals court refused to make any changes right away. Landlords now want the U.S. Supreme Court to weigh in.
Fla. Attorney General Issues Real Estate Scam Warning
Stressed buyers and renters desperate for a home can make rash decisions – and scammers know that. Escrow wire-fraud scams can destroy a buyer’s dreams only moments before a closing, but Fla. A.G. Moody also focuses on rental, loan-flipping and foreclosure relief scams.
Tampa Bay Realtor Hosts Cooking Show in Her Listings
Tiny Newby can advertise her listings by showing off their kitchens, and she does that by actually cooking in them with the videos posted on her Facebook channel.
For Some, Renting Is an Amenity – Not a Necessity
Lots of Americans who could buy a home choose to rent instead, notably many with incomes in the $120K-$150K range. They view the higher cost mainly as a convenience fee.
Report: Home Loans Backed by PMI Increased 53% in 2020
The association representing private mortgage insurers (PMI) says the average Fla. buyer has a credit score of 739, a $58K annual income and buys a median $310K home. In 2020, 55% of Fla. first-time buyers relied on PMI to make down payments of less than 20%.
Bill on Impact Fee Limits Now on DeSantis’ Desk
The bill, if signed by DeSantis, would add new limitations to the way local governments can levy impact fees – which pay for infrastructure needs – on new developments.
Will the Office Market Bounce Back? There’s a New Twist
As the office market decides how and when employees will return, the employees themselves may pose an unexpected challenge: 39% say they’ll quit if forced back full-time.
Not Doing Rental Transactions? They’re a Lead Generator
Some agents avoid rentals because they pay less than home sales., but, beyond steady income, landlords and renters can become leads when they’re ready to buy.
Drone Use May Be on the Rise
Aerial photography is becoming more common in real estate listings – even for interior shots – and new FAA rules may allow drone use in even more locations.