Strong Job Report a Hopeful Sign for Homeowners, Landlords
A job can help homeowners in forbearance and allow renters to repay rent. In Jan., the U.S. added only 166K jobs, and Feb.’s robust 379K jobs exceeded expectations.
A job can help homeowners in forbearance and allow renters to repay rent. In Jan., the U.S. added only 166K jobs, and Feb.’s robust 379K jobs exceeded expectations.
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.
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%.
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.
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.
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.
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.
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.
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.
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.