According to top agents, 2021 stories will relate in some way to the pandemic, with the tight inventory of homes topping their list. Also: How will vaccinated sellers react? Will a lot decide to list their home this year after months of waiting? And how many homes will go into foreclosure?
Everyone benefits if brokers or team leaders encourage others to lead, and in-house events as simple as a book club can facilitate conversations and encourage growth.
After last week’s notable increase in mortgage rates, the 30-year, fixed-rate mortgage dipped a bit as it continues to hover near all-time record lows.
The credit-score company created guidelines for people planning to finance a home, car or other loan. Homebuyers should start up to 24 months before shopping.
The state real estate board continues to have Realtor representation, including Patti Ketcham (Tallahassee), Renee Butler (Winter Haven) and Patti Fitzgerald (Jupiter).
The surge follows a 9.8% increase in Nov. Total housing starts for 2020 increased 7% compared to 2019, though builders voice concerns about “supply-side challenges.”
“I have not seen any evidence that the trends we are seeing now are going to reverse,” Fla. Insurance Commission Altmaier says, referring to double-digit homeowners policy rate increases and a greater number of policies in Citizens, the state-owned “insurer of last resort.”
Biden says he’ll immediately ask the CDC and FHFA to extend eviction and foreclosure moratoriums until March 31, giving Congress time to pass new pandemic relief.
Stay-at-home buyers have a stronger interest in 3D online tours, and realtor.com says it added two new companies to its roster of acceptable providers.
The pandemic-inspired desire for a bigger and better home has boosted the number of kitchen remodels that emphasize a need for more storage space.