NAR and UI Call for Inclusive Housing Reform
A Friday forum hosted by NAR and the Urban Institute brought together government and reporters to focus on better ways to serve marginalized U.S. communities.
A Friday forum hosted by NAR and the Urban Institute brought together government and reporters to focus on better ways to serve marginalized U.S. communities.
Rates go up and down. One broker expects a slow rise in part to world events, and then a slow fall. And when rates fall, today’s buyers “will go back to refinancing.”
A Dubai billionaire bought the land where a condo collapsed in Surfside for $120M – the only bid submitted and high enough to apparently deter other bidders.
The real estate market can be scary for buyers, but education can help – like saying we don’t want another global collapse even if the last one did lower mortgage rates.
The $100M program, a top Florida Realtors priority, will provide zero-interest loans to be used toward down payment and closing costs – up to 5% of the loan or $25K.
In an “email compromise scheme,” a Miami Gardens man monitored business emails, changed wiring instructions at the last minute, and stole almost $400K in closing money.
For some sellers, it’s emotional: A beloved family home should only be sold to a family, and they’ll take less money to make it happen. Others worry about neighbors.
Panhandle Realtors note an uptick in interest for energy-efficient homes, but it comes with a downside: Many homebuyers can’t afford the increased cost.
Listings that expired more than a year ago may offer opportunities. Owners who didn’t sell for some reason may not realize how much equity they’ve gained since then.
NAR’s president created a presidential advisory group (PAG) to study cryptocurrency’s growing real estate influence, suggesting, “We should consider our own platform.”