2021 Homebuyers: Middle-Aged, Married, College Educated
The average American homebuyer is 45 years old, married or partnered, college-educated and likely buying a home located in the South; 26% are age 30 to 39.
ULI and PwC 2022 RE Forecast: Resilience, Flexibility, Optimism
An interview with 1,700 RE experts found high expectations for the real estate market in 2022. Traditional spaces – homes, offices, shopping centers, etc. – have changing expectations, but 75% of investors now feel confident about their decisions. Last year, less than 50% said the same.
Is Your LinkedIn Profile Working for You?
First rule of LinkedIn: The more connections you have, the more potential clients you have. And think of your summary section as a personal advertisement.
Post-Hurricane FEMA Claims? Fla. Man Gets 2 Years for Lying
A Jacksonville court sentenced a 27-year old to two years in prison for lying on an aid application after Hurricane Irma; he must repay $8K to the federal government.
U.S. DOJ Expanding Investigations into Redlining
A cross-agency coordinated effort will focus on lender actions and attitudes that maintain racial segregation. Agencies plan to investigate and prosecute discrimination.
Canadians Can Travel on Nov. 8 – but How Many Will?
In two weeks, fully vaccinated Canadians can return to Fla. While the housing-market impact isn’t clear, travel agents report a “significant uptick” in reservations.
More Buyers Adding ‘Inclusive Community’ to Their Lists
Recently aware that some communities have historically been one race or another, an increased number of buyers are adding “racially diverse neighborhood” to their list of must-haves. But that doesn’t always help lower-income neighborhoods if it causes gentrification and rising home prices.
Fla. Climate Change: Days Aren’t Getting Hotter – Nights Are
Fla. isn’t seeing a lot of new record-high temperatures during the day, but a tracking of overnight lows in Central Florida found 807 record highs from 2015 to 2020.
The Latest Buzz in Multifamily? Biophilic Design
Biophilic design attempts to bring a suburban atmosphere into urban cores. The main tool? Plants – and lots of them, often incorporated into a building’s design.
Inflation, Fed Action Set Stage for Higher Mortgage Rates
Planned changes by the Fed will likely push mortgage rates higher – but refis will dry up, and lenders may still offer deals as they compete for homebuyers’ loans.