Study: 7 in 10 Homeowners Feel ‘House Poor’
“House poor” has nothing to do with size or the number of incomes. It reflects a feeling that housing expenses are higher than owners can easily handle.
Florida Realtors Earns RPAC ‘Triple Crown’
The rare large-state honor, which recognizes goal achievement in five categories, shows that Fla. members understand the importance of political advocacy.
Realtor.com, Redfin Remove Listings’ Crime Data
The real estate ad companies decided to remove crime data because it’s often inaccurate and has been cited as an ongoing cause of racial bias in housing.
RRF Exceeds 20th Anniversary Goal
NAR’s relief fund raised $8.5M, thanks to 2,500 donations from Realtors, state and local Realtor associations, MLS organizations and other companies.
Find, Analyze and Dominate a Real Estate Farm
Market dominance usually starts small: Identify a geographical farm area with strong sales, one where no agent dominates the market. Then become that person.
Boomers and Millennials Competing for Homes
And the boomers are winning. Despite huge millennial demand, they make up a smaller share of the market, suggesting repeat buyers are crowding them out.
Fla. Grand Jury Recommends More Condo Inspections
A Grand Jury tasked with recommending Fla. condo law changes in the wake of the Surfside collapse wants more inspections, less corrosion and faster reporting.
Why Will the Fed Raise Interest Rates? What Happens Next?
For months, the Fed chair considered inflation a short-term problem, but Wed. he suggested that his patience ran out. The result: A probable increase in loan rates.
Mortgage Rates Up Slightly – But Still-Low 3.12%
Mortgage rates changed little this week, though the survey took place before the Fed announced three possible 2022 rate hikes, which might have an impact.
FHFA Says It Found Racial Bias in Appraisals
The federal housing agency claims it saw thousands of cases of potential bias, based on a keyword search for red-flag words in millions of appraisals.