Canada Considers Ban on Foreign RE Buyers
In an attempt to counteract Canada’s rising home prices, Prime Minister Justin Trudeau has proposed a two-year ban on purchases by foreign investors.
Rising Interest Rates Not Expected to Hurt S. Fla.
Strong demand from international buyers – many who find prices and interest rates cheaper here – should largely offset any drop in demand from domestic buyers.
RE Q&A: Timeframe to Serve on HOA Fining Committees?
Do you serve once on an HOA’s fining committee, almost like a jury? Or should members be appointed and continue to consider more cases over time?
Study: Human Activity ‘Helped Fuel’ Red Tide Events
A University of Fla. study found that a combination of factors contributes to red tide blooms, but human activity has intensified them over the past decade.
20 RE Companies Have 60% of Market Share
According to T3 Sixty, Realogy Holdings ranked No. 1 for sales volume in 2021 with $737.6B, while eXp World Holdings’ sales grew the most – 116%.
NAR: Supreme Court Should Review Floor-Plan Case
A design firm sued a Missouri brokerage, claiming it violated U.S. copyright law because its listings included floor plans – and last week an appeals court agreed.
Big Theme Parks Commit to Affordable Housing
Both Disney World and Universal Studios say they’re building affordable housing on company-owned land – a total of 2,300 new units for the Orlando area.
Study: COVID-19 Slowed Black Ownership Even More
A study of Census Data found that 15% of Americans are Black, but their homeownership rate is only 10%. Fla. cities included in the study ranked about average.
Fair-Housing Ad Violations Aren’t Always Obvious
Describe the property, not the potential buyer or tenant. “Ideal for empty nesters” or “perfect for students” raises red flags; “easy walk to train” does not.
Mortgage Rates Edge Up Again to Hit 4.72%
A 30-year, fixed-rate mortgage rose from last week’s 4.67% – up 1.5% in the past three months, the fastest increase pace over that time period since May 1994.