State Awarding $676M to Help Fla. Homeowners
Fla.’s DEO will distribute the funds to homeowners impacted by COVID-19 for things such as late mortgage payments, defaults, foreclosures and delinquent utility bills.
Don’t Just Discuss Issues, Do Something: Serve
Florida Realtors’ committees represent the interests of 225K Fla. members. Your opinions count. Your ideas create movements. Volunteer now for a 2023 committee.
In Dubai, Luxury Home Prices Are Up 44%
A report of luxury home price increases in the world’s top 100 cities finds 5 U.S. cities in the global top 10: San Diego, The Hamptons, Miami, San Francisco and L.A.
UF: Floridians’ Confidence Drops a Bit in Feb.
The biggest drop came in confidence for making big-ticket purchases, which authors call “not surprising” given inflation’s impact on the state’s residents.
Will Sales Rise or Fall this Year? Experts Divided
Even experts don’t know what will happen. About half think rising costs and rates will deter buyers, but the other half think more listings will boost demand.
A Buyer Floated the Idea of a 3D Home?
3D homes can be stronger than traditional homes yet take far less time to complete. They’re already offered in Fla., but the industry is still in its infancy.
Russia-Ukraine War May Affect Housing, Economy
Stocks and cryptocurrencies lost value, which can impact luxury sales – but a general drop in economic confidence can affect every level of the real estate market.
The Toughest-to-Learn Success Skill?
Technology and smart marketing decisions may attract customer interest, but agents who quickly build rapport with potential clients can land the most deals.
Fla. Property Insurer Placed in Receivership
The Fla. Dept. of Financial Services is the receiver for St. Johns Insurance Co, which was declared insolvent. DFS hopes to move policies to Slide Insurance Co.
Some Condo Boards Refuse New Mortgage Questions
Fannie/Freddie’s new request for safety info created layers of confusion. Some boards won’t comply fearing lawsuits and banks won’t lend fearing rejection.