The Real Estate Market Isn’t in a Bubble – It Just Isn’t
Rising home prices and recession memories have convinced some buyers that a bubble will pop and prices will drop. But it’s just too much demand and too little supply.
Rising home prices and recession memories have convinced some buyers that a bubble will pop and prices will drop. But it’s just too much demand and too little supply.
The newest type of real estate investing still carries risk: A Jacksonville crowdfunding firm owner pleaded guilty to mail fraud when some projects didn’t fully fund.
There are pros and cons to buying a new vs. existing home, but it’s taking a longer time to complete a new one – about four months more than it did two years ago.
In 2001, 10% of Realtors were nonwhite; in 2020, that number rose to 24%, according to a study on career choice released by NAR. However, whites had the highest median number of transactions (7) compared to Blacks and Asians (2), Hispanics (3) and LGBTQ+ members (5).
DCF, the Fla. department charged with distributing $850M of federal funds to assist with rental assistance, introduced a dedicated website to get funds to landlords and utility companies. Applications should be available soon, and payments can be direct-deposited into business accounts.
A U.S. District Court judge called the CDC’s eviction ban unlawful, effectively ending it. The DOJ already appealed the decision, but a stay has not yet been requested.
In July, Realtors across Fla. will clean the state’s beaches, rivers and waterways – a hands-on approach that complements legislative efforts to protect the environment.
If someone knocks and offers “a free home inspection to check for recent damage,” it may be a scam. Fla.’s CFO arrested two people using undercover fraud detectives.
Hackers breaking into your account – or a broker’s account via the agent with the weakest password – start with “12345” and “password,” the most common in the industry.
Trade wars could impact real estate: Starting in 2022, Americans who own Canadian summer homes may be required to pay a 1% tax on underutilized, foreign-owned homes.