SBA Extends PPP Small-Business Loan ‘Lifeline’
Brokers and other smaller U.S. businesses struggling due to the pandemic now have an additional two months to apply for a Paycheck Protection Program (PPP) loan.
ULI Report: Frontline Workers Face Brunt of Housing Shortage
Median-wage geriatric nurses, cardiac technicians and long-haul truck drivers can afford only a modest two-bedroom apartment in more than 50% of the regions analyzed.
Digital Business No Longer a Perk – It’s a Necessity
Savvy agents once impressed sellers with the things they could do digitally, from marketing to closing. But thanks to the pandemic, clients now expect digital services.
Military Service Clients Expect Agents Who Understand Them
Service members moving to a new area often ask current residents to recommend a local Realtor, but this group has unique needs they expect their agent to understand.
No. 1 Reason Millennials Want to Buy? The American Dream
Study: Younger adults have the same hopes and dreams as older adults. While homeownership is a smart financial investment, it’s not always the top reason people buy a home. Millennials want to be part of a community and neighborhood, and have a place their family can call home.
30-year Mortgage Rates Jump to 3.17%, Highest Since June
That’s up from 3.09% last week – a year ago, it was 3.5%. While rising, rates are still near historic lows as the Fed keeps interest rates near zero for now.
Q&A: Who Gets Special Assessment Refund? Old or New Owner?
Also: If a condo association changes rules, grandfathering protects residents – but that grandfather benefit can disappear if the protected item changes slightly.
Homeowners Are Taking on Bigger Remodeling Plans
Some owners expand or change floor plans to create dedicated home offices or increase functionality. The remodeling industry may see a 10.7% sales growth in 2021.
SF Fla. Buyers Flock to Condos – Boca Penthouse Goes for $10M
Condo sales have spiked thanks to a steady influx of new residents, an ultra-tight inventory of single-family homes and more optimistic attitudes due to the vaccine.
Florida Realtors Will Oppose Bill to Dilute Housing Trust Funds
Fla.’s House speaker and Senate president proposed a permanent two-thirds decrease in the state’s affordable housing trust funds. Florida Realtors immediately objected.