Average Mortgage Rates Break the 3.0% Barrier
At an average 3.02% for a 30-year, fixed-rate mortgage, this week’s slightly higher rate carries psychological impact. One year ago, the average FRM was 3.29%.
State-Owned Citizens Policies Increase 26.4% in One Year
More Fla. homeowners are relying on the state’s “insurer of last resort.” Citizens says it’s financially sound for now thanks to investment income that has outpaced operating losses, but at the current rate, a future disaster will again force taxpayers to make up some of its expenses.
Women’s History Month: Are You Strong Enough to Lead? Yes
Chicago Realtors kicked off the month with a five-part series. “You’re not a leader if you’re not paving a path,” Rev. Courtney Clayton Jenkins told the virtual crowd.
Fla. Consumer Confidence: Feb. Drop Wipes Out Gains
While the vaccine rollout and an unemployment-benefit drop signal better times ahead, it didn’t help much to boost attitudes in Feb., and all components saw a decline.
Real Estate Pros to Homeowners: Don’t Wait to Sell
High buyer demand and slim housing inventories mean homeowners ready to sell now have more negotiating power. But those who sell may also need to buy their next home.
Business Groups Wade into Permitting Fight
The EPA said Fla. can oversee land permits and wetlands, only the third state to get that – but a lawsuit could derail that decision with big-money groups weighing in.
Women’s History Month: Are You Strong Enough to Lead? Yes
Chicago Realtors kicked off the month with a five-part series. “You’re not a leader if you’re not paving a path,” Rev. Courtney Clayton Jenkins told the virtual crowd.
Bidding Wars Without Waived Contingencies or All-Cash Offers
Frustrated homebuyers often drop contingencies or break their budget to secure a listing. But other variables could give them an edge in a seller’s market.
State Looks at Costly Fix for Unemployment Site
Fla.’s unemployment website failed last spring, frustrating some Realtors who watched deals collapse. The Legislature is looking at ways to fix it, but it won’t be cheap.
Secondary Markets Heating Up for Commercial Investors
Florida Realtors economist: Investors are following renters into the suburban spillover markets. Strong demographics, population growth and an expected recovery in hospitality pulled the Tampa- St. Pete, Miami and Orlando markets into the top 20.