Fannie’s Chair Warns Owners: Don’t Take Out Too Much Equity
During the Great Recession, some owners treated their home like a piggy bank, later finding themselves underwater. Don’t make that mistake again, Fannie’s chair says.
New Fla. Laws Go into Effect on July 1
Three bills from the 2021 final report on the Legislature become effective Thursday, including a new property insurance law and $900M to help the environment.
Fla. Wants Residents to Report Unsolicited Real Estate Calls
The tight listing inventory has led to an uptick in phone calls asking homeowners if they’re interested in selling – but occasionally U.S. and state do-not-call laws are ignored. The Fla. Dept. of Agriculture says complaints are up 41% this year, and it wants all violations reported.
Fannie Chair Warns Owners: Don’t Take Out Too Much Equity
During the Great Recession, some owners treated their home like a piggy bank, later finding themselves underwater. Don’t make that mistake again, Fannie’s chair says.
Floridians’ Confidence Up in June After Dip in May
The UF gauge of Florida consumer outlooks fell in May but rose 1.5 points to 82.7 in June. Economist expects confidence to “keep recovering slowly in the months ahead.”
Home Price Increase: The Highest in More than 15 Years
The April Case-Shiller home price report found prices rising at their highest pace since 2005, and the forces pushing prices higher offer “little evidence of abating.”
U.S. Consumer Confidence Moves Higher in June
National consumer confidence has moved higher four months in a row, and June numbers hit their highest level since the start of the pandemic – in March 2020.
End for COVID-19 Hotel Housing Will Boost Homelessness
Cities drew from various federal pots to fund hotel rooms for the homeless during the pandemic – but now officials expect thousands will be back on the street.
NAR: Realtors Relief Foundation Announces 20th Anniversary
The Realtors Relief Foundation formed during the aftermath of 9-11. In the past 20 years, it’s helped over 17,000 families and distributed $33M in housing-related aid.
Remote Work Losing Luster as Employers Call People Back
What’s the future for office space? Employees are being called back to the office, but the new office-home balance likely won’t be clear until the end of the summer.