NAR Names Cape Coral/Fort Myers a Top Commercial Market
An analysis of 52 U.S. commercial markets identified the top 10 based on market strength, and the SW Fla. community is “holding up to the pandemic’s negative impact.”
Looking for a Replacement Washing Machine? Good Luck
A shortage of home appliances continues, and 90% of builders have trouble stocking new homes. Why? The pandemic spurred people to wash more often and stock up on food.
Landlords Wait for Stimulus Bill Just as Much as Renters
Tenants who don’t pay their water bill or power bill get it shut off, says one Orlando landlord. “But we are the one service they can get away with not paying for.”
CFPB: Lender Discrimination Over Sexual Orientation/Identity Illegal
A Consumer Financial Protection Bureau interpretive rule says it won’t tolerate discrimination against the LGBTQ community, and lenders can’t discriminate based on applicants’ “actual or perceived nonconformity with traditional sex- or gender-based stereotypes.”
Senate Confirms Marcia Fudge as HUD Secretary
Former Rep. Marcia Fudge will oversee the U.S. Department of Housing and Urban Development after a 66-34 confirmation vote Wed. in the U.S. Senate.
Report: AI and Algorithms Reduce Lending Discrimination
More non-bank lenders approve mortgages via tech and math – a positive step, analysts say. But even then, dated info such as credit histories can still create problems.
In 49 States, Women Pay Higher Mortgage Rates Than Men
Study: A mortgage tech company, Own Up, says women still face housing discrimination and received a lower mortgage rate than men in only one state: Alaska.
Economic Development Shift Focusing on People over Place
Florida Realtors economist: Florida cities are switching their economic-development focus. Instead of trying to attract companies, they’re putting a greater emphasis on attracting people as the “work from anywhere” trend continues to pick up steam.
Fraud Alert: Beware of Fake Invoices – Notably SentriLock
NAR warning: SentriLock customers are getting legit bills with fake “remit to” addresses. The lesson: Verify email addresses – look closely – before sending money.
In 29 States, Women Pay Higher Mortgage Rates Than Men
Study: A mortgage tech company, Own Up, says women still face housing discrimination and received a lower mortgage rate than men in only one state: Alaska.