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.
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.
Applications for building permits – considered a good sign of future activity – jumped 10.4% in Jan., elevating expectations for a strong 2021 housing market.
The 30-year, fixed-rate mortgage averaged 2.81% compared to last week’s 2.73% – but economists still expect rates to hover around 3% for the rest of 2021.
Brokers: Establish the online presence you want to project. It’s key to building a team through Instagram, so deciding on an image and social media strategy comes first.
A monthly seller-sentiment index recorded a notable spike in the number of homeowners who think it’s a good time to sell – a possible sign of more future listings.
A bill that limits COVID-19-related business liability issues can now go before the full House for a vote once the session begins – a priority issue for Florida Realtors.
A range of investors are putting money into affordable housing projects for many reasons. Some want to keep rents low, but others plan to renovate and raise rents.
Despite a recent criticism of fast-rising lumber prices, builders’ confidence in Feb. rose one point to 84, a near-record high with 50 considered neither good nor bad.
The integrated media mix – video, audio, content partners and social media – presents Realtors as trusted allies along an often emotional home-buying journey.