Mortgage Rates: 6-Week Streak Under 3%
The average 30-year mortgage rate fell to 2.77% this week, down from last week’s 2.80%, in part due to investor uncertainty over the COVID-19 delta variant.
Realtor Groups File Emergency Motion to Stop Eviction Ban
The Supreme Court agreed the original eviction ban was unconstitutional in a suit filed by two Realtor associations. On Wed., they asked a District Court to rule against the latest ban, even as a push is on to get more money to landlords. In Fla., only 2% of $870M the state received so far has…
How Much Money Do You Really Need to Invest in Real Estate?
It depends, but you don’t need to be ‘rich’ to invest in real estate. You just need to be smart with your money and willing to invest it in an appreciating asset.
What if You Don’t Have Flood Insurance?
If a home floods, the owner needs flood insurance. But other post-disaster options can also provide help, via grants or low-cost loans earmarked for repairs.
Free Leads: Set Up and Optimize Google My Business Page
Think of Google My Business as your resume. You provide info to Google – emphasizing unique elements – and Google shows your business to more web surfers.
Owners with Non-Traditional Mortgages Get Federal Aid too
$10 billion worth of federal aid can be used by homeowners with all types of mortgages, including mobile home loans and even seniors with reverse mortgages.
How to Chop Remodeling Costs When Wood Prices Are High?
A $2K home repair in 2019 might cost $4K today, as homeowners struggle to find money-saving alternatives. Supply prices should eventually go down – but not right away.
Bathrooms Over Countertops? COVID-19 Changed Home Listings
Listing agents prioritize descriptions that appeal to the most sellers, and a new analysis found bathrooms (privacy), garages and big closets (space) top today’s lists.
Condo Q&A: Can We Replace a Disappointing Contractor?
Fla. doesn’t have a boilerplate construction contract, and HOAs can assume that a contract written by the outside contractor likely favors the firm over the HOA.
NAR: Drones, Cybersecurity Are Real Estate’s Top Emerging Technologies
The 2021 Technology Survey listed drones (37%) and cybersecurity (34%) as top trends, with 5G connections (31%) and virtual reality (30%) close behind. Top current tech tools include eSignature (78%), MLS apps (54%), social media (53%), lockboxes (48%) and video conferencing (39%).