Market predictions are difficult, and 2021 has wild cards. Will the pandemic end? Will a host of sellers list their home if they think it’s safe again? Still, prices and interest rates will probably keep rising next year, and most experts say it’s smart to buy sooner rather than later.
In Fla., 34.6% of Miami seekers are looking in Orlando; in Orlando, 20.9% are looking to Miami. Apartment List’s report also found higher demand for short-term leases.
Some agents start a blog and hope readers will find it, but others go to pre-built audiences – notably younger ones – by using popular social media “influencers.”
The pandemic forced people to get more comfortable buying and selling real estate online, and web-based crowdfunding platforms were already a way to do that.
In the Great Recession, home prices skyrocketed, owners took out equity in a refinance, home prices fell and foreclosures mounted. But today, cash-out refis are at a 7-year low.
Some 5,703 Fla. borrowers could get more than $7.8M, says AG Ashley Moody, who was part of a multistate action against Nationstar, which is also known as Mr. Cooper.
Businesses thrive by changing when the world changes – and the world is changing. The attitude owners had when they first started out will also serve them well now.
While states oversee most insurance issues, Congress has flood-insurance reform on its radar and a new proposal: federal pandemic insurance that covers business losses.
Florida Realtors economist: Is the work-from-home trend here to stay, along with its real estate impact on new housing and location demands? A nine-month study suggests that the change was already underway before the pandemic started. It’s simply happening faster now.
A remodeled home is worth more – and the cost to replace it goes up. Some remodeling owners could find themselves underinsured should a disaster strike.