It’s Not Just Home Prices; U.S. Rents Rise Sharply
Cities in Florida, New York and New Jersey are seeing steep jumps in rent. Austin, Texas had biggest 1-year gain, 40%; rent in Orlando rose 30%.
Small Apartments, Lower Rent: Answer to Downtown?
Micro apartments are about two-thirds the size of a regular apartment but also cost less money, which could make them a hot option for downtown urban areas.
Tools for Creating Great Real Estate Video
Online videos may make up over 82% of all consumer internet traffic, so it’s key to use a good camera, microphone and have proper lighting.
Must Board Send Notices to Non-Full-time Residents?
Condo Q&A: The answer may depend on what type of meeting is being held, if it’s a regular board meeting or involves a special assessment or other issue.
Survey: Owners Fear Financial Burden of Foundation Repairs
Groundworks: 78% of 978 owners recently surveyed say they’re worried about foundation damage to their home; 25% say they’re rather sell than fix those issues.
Two Property Insurers Halt New Policies in Fla.
As St. Johns Insurance and Lighthouse Property Insurance Corp. announce the decisions, state lawmakers consider proposals to address the troubled industry.
U.S. Foreign Investments Beat Pre-Pandemic Levels
Real Capital Analytics: Foreign investors have shifted focus a bit from major cities, but the $70.8B invested in 2021 is the highest total since 2018’s $94.6B.
Study: Out-of-Town Buyers Have More Money
It’s hard for some current Fla. residents to compete with new ones. In Miami, the average newcomer can spend 25.1% more – but in Jacksonville, it’s only 1.7%.
Hottest U.S. Dream Job? Real Estate Agent
The pandemic caused American workers to question their jobs and what they do every day – and Google says the top new-job search term is “real estate agent.”
How Much Will the Fed Boost Interest Rates?
While Federal Reserve members seem ready to raise interest rates in March, they don’t fully agree on how much. Some think it’s time for a strong message.