More Dogs Moving Up from Apartments to Homes
When pandemic-driven people started looking for bigger, less urban homes, they put a high value on pet amenities, like backyards and durable flooring.
Fed: Inflation, Ukraine Top Financial System Threats
The Federal Reserve no longer considers Covid the biggest threat to the world economy. Now it’s “further adverse surprises in inflation and interest rates.”
Fla. Unlikely to Feel Impact from Slowing Market
Wary buyers and rising interest rates may affect some U.S. markets, but Fla.’s rising demand and lack of construction will probably offset a potential cooldown.
HUD Grant Doubles Size of Eviction Legal Help
The additional $20M grant won’t provide direct rental relief – it will fund legal services and representations for families facing eviction.
Simple Tips to Avoid Legal, Ethical Problems
Realtors should avoid giving tax and legal advice. And when they talk or respond to clients, they should document all their communications.
NAR’s Board Meets, Focuses on Fair Housing
Dues remain $150 but the Realtor advertising special assessment will increase by $10. 2019 Florida Realtors Pres. Eric Sain is Region 5 vice president.
Luxury Home Sales Plateau After Pandemic Upswing
South Fla. sales of single-family homes priced $1M and up have basically remained stagnant since 3Q 2021 – but still higher than pre-pandemic levels.
Higher Interest Rates May Help Housing Market
For buyers, higher interest rates mean less home for the money. But the market may benefit if those rates create a better balance between the number of buyers and sellers.
Top Emerging Tech Trends Impacting RE Industry
Over $31B was invested in RE tech firms in 2021. Looking ahead, metaverse and blockchain technology may have a significant effect on the future of real estate.
Asian American Homeownership Rates Rebound
Homeownership rates for Asian Americans were at 61.2% in 4Q 2021. Home sales have grown the most among millennial and female Asian Americans.