NAR: Existing Home Sales and Prices Rise Again in Jan.
Home sales rose 23.7% year-to-year in Jan., with the highest month-to-month increase (0.6%) since Oct. and second highest since 2006. Prices were up 14.1% year-to-year.
Scam Alert: New Email/Text Chilling Even if Not Believed
A few Realtors received a “texting you now to kill/assassinate you,” saying a hitman wants you dead. The scare-scam isn’t new and might be targeting the general public.
Single-Family Home Investors? That Market Is Getting Crowded
Institutional investors opened up the single-family rental market during the Great Recession, but pension funds, builders and apartment managers are hopping on board.
Have Testimonials? Make Them Work for You
Testimonials hold a lot of sway with customers seeking representation. Feature them on a webpage and add a link to them under email signatures and in home-sale ads.
Fla.’s Housing Market Continues Strong in January 2021
Florida Realtors’ data: Single-family home sales rose 18% year-over-year, median sales price up 15.1%; condo sales up 24.6%, median price up 15%. Chief Economist O’Connor: Closed sales in Jan. were “way, way above our historical average,” which is likely for most, if not all, of 2021.
DeSantis Names Julie Brown to Run DBPR
Julie Brown will now oversee Florida’s Department of Business and Professional Regulation (DBPR) after Halsey Beshears announced he was resigning for health reasons.
Sellers on Sidelines? Pull out the Big Guns: Market Data
Florida Realtors economist: Why should I list now? Show them why graphically based on 1) different home needs, 2) low mortgage rates and 3) equity potential. In 2020, over one-third of Fla. single-family home sellers cashed out and received their list price or more.
Sellers on Sidelines? Pull out the Big Guns: Market Stats
Florida Realtors economist: Why should I list now? Show them why graphically based on 1) different home needs, 2) low mortgage rates and 3) equity potential. In 2020, over one-third of Fla. single-family home sellers cashed out and received their list price or more.
Why Are Credit Scores Soaring in a Recession?
Credit scores hit a record high, and one analyst calls that “bizarre.” But many employed Americans used stimulus checks and commute-money savings to pay down debt.
Housing Starts Drop 6% – but New Permits Suggest Surge
Applications for building permits – considered a good sign of future activity – jumped 10.4% in Jan., elevating expectations for a strong 2021 housing market.