S. Fla. Prices Keep Going Up – but Fewer People Leave
As the cost of living rises in six South Fla. counties, some residents move north to find affordable housing – but data suggests the pace of that exodus is slowing.
Few Listings = Bidding Wars Off the Charts
The spring housing market unofficially began over Presidents Day weekend, and NAHB reports that 40% of potential buyers say they’ve been outbid at least once.
Foreclosure Ban Extended to June – Eviction Ban Unchanged
Pres. Biden signed an Executive Order extending forbearances and banning foreclosures until June 30. However, he did not make changes to the eviction ban ending March 31.
SentriLock Unveils New Home-Showing Service Option
Over a year ago, “our board directed us to develop a solution to address the growing lack of choice in this technology sector, given the natural fit with our current lockbox business,” says Scott Fisher, founder and CEO of SentriLock, a wholly owned NAR subsidiary.
SentriKey Unveils New Home-Showing Service Option
Over a year ago, “our board directed us to develop a solution to address the growing lack of choice in this technology sector, given the natural fit with our current lockbox business,” says Scott Fisher, founder and CEO of SentriLock, a wholly owned NAR subsidiary.
Valentine’s Day, Love and Not Enough Money
An annual Love and Money survey found that couples talked more about money during the shutdown, but many conversations focused on delaying a home purchase.
Condo Q&A: Special Assessment Required for Needed Repairs?
Also: A board wants to fine an owner $10,000 for violating the governing documents, which seems like a lot. Does any law or rule cap the amount of fines?
Buyers: Don’t Track Mortgage Rates, Track APRs
Smart buyers compare mortgage rates from multiple lenders, but the APR (annual percentage rate, which includes fees) is a better gauge of costs over time.
NAHB: Lumber Prices Rose More than 170% in 10 Months
Builders want a Commerce Dept. investigation to find out why lumber production is so low – and they say new-home appraisers fail to factor it into their valuations.
Some People Rushed to Buy Homes During COVID and Regret It
Rocked by stay-at-home orders and facing a tight home inventory, a few people snapped up houses without fully considering options. Now some have buyer’s remorse.