Realtor News

In late June, the U.S. Supreme Court ruled that the CDC overstepped its authority in issuing an eviction moratorium, and it reiterated that opinion yesterday, ending the current ban. Justices didn’t disagree with the ban’s intent but said Congress “failed to act in the several weeks leading up to the moratorium’s expiration.”

Barry Grooms, 2020 president, is the 2021 Realtor of the Year. All award winners were recognized Thurs. at the annual convention’s in-person Awards Luncheon.

Some private companies and even iBuyers have programs that allow buyers who need a mortgage to present offers that appear to be all-cash, a category that many analysts largely assume belongs to investors, second-home buyers and some retirees.

Mortgage rates have changed little in the past few weeks – not enough to signal any kind of alarming trend. Last week, the 30-year FRM averaged 2.86%

The market has been unpredictable, and the delta variant is only one of RE’s wild cards. Still, most experts don’t expect sales to slow much as summer turns into fall.

During listing conversations, providing good answers may be more important than leading the conversation. Be present, engaged and eager to understand what sellers want.

Two months after the Champlain Towers tragedy, Boca Raton created new rules, with first inspections now due after 30 years. About 242 buildings are impacted.

The $46.5B program to help tenants pay back rent to their landlords is struggling, so the U.S. Treasury said Wed. that it eased application requirements to speed up the process. For example, it will now allow tenants to “self-assess their income and risk of becoming homeless.”

Central Fla.’s The Villages is the nation’s fastest growing metro, and a possible look at the nation’s future if more relocating Southern retirees wield their influence.

Also: A group of residents created a community social media page using the name and logo, but this unofficial site can have questionable content. Can anything be done?

Their children have a place to live that beats a dorm, but most parents see it as an investment – and a way to lower the total cost of a higher education.

2 out of 3 consumers – and 3 out of 4 millennials – would consider the cost savings of a printed home. But 33% want to wait a bit and see how 3D homes change over time.

On top of supply-line problems and worker shortages, developers say local governments’ construction fees make it almost impossible to build affordable housing.

A New York apartment offering a 10-minute commute to work is now $74K less expensive than it was in 2019. But in some smaller cities, it’s more expensive.

State Realtor associations told judges the ban exceeds the CDC’s authority. The CDC said the delta variant makes this moratorium even more important than the last one.

After a string of declines, new-home sales reversed direction in July, albeit only a little bit. Median new-home prices rose to $390K – 18.4% higher year-to-year.

How do you grab attention on social media – enough to entice viewers to stop and read your content? There are apps for that.

A Broward task force will likely ask the state to boost inspections and change funding of reserves. But any new rules will face regulatory and political hurdles.

Thanks to new technology, Fannie Mae lenders can check prospective borrowers’ bank statements (with permission) to verify rent-payment history starting Sept. 18. Freddie Mac plans to follow suit soon. Advocates say rent history is a better gauge of reliability than FICO scores.

Florida Realtors’ data: Median prices for single-family existing homes rose 20.3% year-over-year to $355,000; up 20.5% to $253,000 for condos/townhomes. Chief Economist O’Connor says July data shows signs Fla.’s housing market is heading on a steady path toward normalcy.