Real Estate Economy: It’s Not a Bubble Unless it Pops
A bubble, by definition, pops and prices plummet. Look at buyer demand. Look at homeowner equity. Prices could stop going up for a bit – but it’s not a bubble.
Proposed Amendment Would Protect Affordable Housing in Fla.
Doc stamp money in Fla.’s affordable housing trust funds should be used for affordable housing, but the Florida Legislature often “sweeps” it into general revenue. A constitutional amendment proposed by Florida Realtors would change that and secure ongoing support for housing in Fla.
Delicate Task for Fed: When to Pull Back on Low-Rate Support?
When will interest rates go up? The Federal Reserve might weigh in, but it still says that inflation is a temporary problem caused by supply-chain bottlenecks.
One Cause of Rising S. Fla. Rents? Lots of Unsuccessful Buyers
In addition to a wave of new Fla. residents, many buyers find themselves “forced to rent,” many month-to-month, because they haven’t successfully found a home to buy.
HUD: $1.1B Released for Emergency Housing Vouchers
626 public housing authorities across the U.S. will soon receive 70,000 emergency housing vouchers to help Americans dealing with homelessness.
Rent Crisis Pummels Mom-and-Pop Landlords
The national eviction ban could have a long-term impact on mom-and-pop investors. If the financial hit from non-paying tenants forces them to sell their investment homes, it could boost the size of institutional investors who generally have deeper pockets to weather financial losses.
Condo Q&A: Electronic Voting Works – but How to Set It Up?
A condo complex that offers electronic voting systems generally has more participation – but Fla. law includes rules for boards that want to set up an e-voting system.
DACA Recipients, if Eligible, Qualify for FHA Loans
FHA expanded its loan program to DACA (Deferred Action for Childhood Arrivals) residents, people with refugee or asylum status and citizens of Freely Associated States.
8 Out of 10 Homes Sold at or Above List Price
Homes.com: In the past six months, 82% of listings sold for list price or higher, plus 1 in 10 had no showings before contract signing, and 1 in 4 had 5 showings or less.
Marketing: Should You Show More Interest in Pinterest?
Within the social media world, Pinterest may be best suited for real estate pros. It has over 450M users and is ideal for directing traffic to your website.