NAR Says Infrastructure Bill has Good Things for Housing
While polarized politics makes passage of a proposed infrastructure bill questionable, NAR thanked the administration for including items that will boost housing.
Spring Season? Listings Down 70% in 2 Fla. Metros
Buyers often set their sights on spring, but unless sellers join in, this year’s shoppers will have 50% fewer homes, on average, to consider buying.
CFPB to Mortgage Servicers: Unprepared is Unacceptable
During Great Recession housing foreclosures, some lenders lost paperwork and made excuses. CFPB doesn’t want that again after the current foreclosure ban ends.
NAR Launches New Resources for Fair Housing Month
Congress passed the Fair Housing Act 53 years ago this month, making it the traditional time for Realtors to focus on fair housing issues and promote housing equality.
The Untethered Worker Is the New Sunbird
Florida Realtors economist: Turning seasons into verbs – “We wintered in Florida” – was once a trait of wealthy retirees. But a newly untethered workforce working at home because of the pandemic is now also considering weather-based migration, albeit a little differently.
Who Are You? LinkedIn Video Tool Adds Bios to Profiles
Business is often personal, and LinkedIn’s tool may help boost the chances for referrals when profile visitors can hear your elevator speech and watch you smile.
Housing Demand Likely to Stay High for Years to Come
While higher housing costs and mortgage rates will chip away at buyer demand, the sheer volume of current buyers makes the next buyers’ market appear far away.
Weekly Mortgage Rates Stable, Up Only .01 Percentage Points
A slow by steady increase in average mortgage rates appears to have slowed this week, with the average 30-year, fixed-rate loan at 3.18% compared to last week’s 3.17%.
Fla. Consumer Confidence Bounces Back, Up 3.7 Points
All five components rose too. UF economist: “Consistent with the vaccination rollout …, the gain in confidence came from consumers’ future expectations.”
Important Step if Using an Addenda or Rider? Attach It
Big mistakes are often the easiest to make, and Florida Realtors Legal Hotline has had a number of calls recently asking what happens if a contract box is checked saying a rider is attached but there is, in fact, no rider attached.