A Home Under $100K? Yes – but Buyers Can’t Access Them
Lenders see little profit in making loans below $100K, so many entry level homes go to investors paying cash rather than renters hoping to become homeowners.
Some Homeowners Get Paid for Lost Citrus Trees
The private-property-rights issue took 15 years to settle, but some Lee County owners have received checks because the state cut down trees growing on their property.
Realtor.com: For-Sale Inventory Hits All-Time Low
The number of listings advertised in Dec. dipped below 700K as buyers remained active during the holiday season. The drop in 4 Fla. cities ranged from 20% to 50%.
Fla. House, Senate Unveil COVID-19 Business Protections
The bills could be amended, but if passed and signed into law by Gov. DeSantis, they would provide Fla. businesses, schools and churches some protection from COVID-19 related lawsuits alleging damages, injuries or deaths – a concept supported by Florida Realtors.
New Year, New Record-Low Mortgage Rate: 2.65%
The pandemic pushed mortgage rates lower in 2020 and kept doing so this first week of 2021. The 30-year, fixed-rate is down from last week’s 2.67% and last year’s 3.64%.
When Do Forbearance Rights, Foreclosure Moratoriums End?
There’s no standard approach. Agencies have differing deadlines for different types of federally backed mortgages. The result: Lots of confusion for the servicers.
Housing’s Future: Newly Built Houses to Rent?
Even before COVID-19, people wanted single-family homes for the space and privacy. Demand is even greater now, especially in suburbia; the trend is moving into Fla.
NAR Launches an Alliance for Property Owners
The alliance operates independently as “the new amplified voice of nearly 79 million property owners across the country who want a say in Washington on critical issues.”
Pandemic Heats Up ‘Long-Overdue’ Shakeout of U.S. Malls
Malls were hurt by online sales before the pandemic, but a big drop of 2020 shoppers has led many observers to predict that more low-performing locations will close.
Nebraska Agent Killed During Home Showing
A 70-year-old Omaha real estate agent appears to have been killed by a potential renter, Ross S. Lorello III, who police arrested based on evidence at the crime scene.