RE Q&A: How Can I Add a Relative to My Home’s Deed?
An older adult wants to make sure a favored relative gets her home, but an online search provided confusing details. What’s the best way to do it?
Fla. Consumer Confidence Drops 3.5 Points in Nov.
UF economist: Most pessimism stems from negative views of current personal financial situations – plus most Floridians expect only a slow U.S. recovery.
Giving Tuesday: A Time of ‘Global Generosity’
It’s #GivingTuesday – a time to help those who are less fortunate. Realtors support a huge range of charitable endeavors, including three backed by Florida Realtors.
Real Estate Valuations: A Challenge in the Current Market
Sudden market changes make it hard for commercial appraisers to find comparable sales, which adds an element of risk for investors – and for appraisers.
It’s Over: Florida Fairly Lucky as 2020 Hurricane Season Ends
The most active season on record ended at midnight. Strong storm activity, notably in the latter half, still sent storms largely away from Sunshine State shores.
NAR: Oct. Pending Home Sales Down 1.1%
Year-to-year pending sales surged 20.2%, but only one region – the South, which includes Fla. – had a month-to-month increase (0.1%). NAR Economist Yun thinks rising prices hurt affordability and deterred some buyers, but the lack of inventory is an ongoing problem.
Congress Must Reauthorize Government Spending by Dec. 11
The unusual atmosphere in Washington might delay a funding extension, which could slow some closings. Most observers don’t expect that – but it’s not a sure thing.
iBuyers Less Competitive – Their Biz Model Holds Them Back
Successful iBuyers need a stable market, reliable automated appraisals and some sellers afraid their home won’t sell quickly – and the current market doesn’t offer those.
New Home Sales Mostly Unchanged in October
Commerce Dept.: Oct. new-home sales changed little from seasonally adjusted Sept. numbers, but they’re still 41.5% higher than they were one year ago.
What Will the New Post-Pandemic Normal Look Like?
Businesses plan for the future, but the pandemic presented a challenge: Will it be largely gone by summer? If so, a Harvard University study outlines likely changes, and researchers predict which pandemic changes will fade away – and which will probably stay.