Ransomware Attack May Jeopardize Some Closings
July 23, 2021
Cloudstar, a cloud service used by many title companies, shut down after a ransomware attack last week. As a result,... View Article
Study: Showings Plummet After First 5 Days on Market
July 23, 2021
ShowingTime: Those 5 days are “hyperactive with double-digit showings and offers submitted quickly”– 64 markets averaged double-digit showings per listing... View Article
NAR: ‘Independent Contractor’ Bill Should Exempt Realtors
July 23, 2021
NAR says it faces “steep resistance” but will keep advocating for a Realtor exemption to proposals: “Congress must recognize real... View Article
HUD Offers $19M to Fight Housing Discrimination
July 23, 2021
Private fair housing groups may request money and use it to blind test housing groups, respond to complaints or propose... View Article
Fla.’s Housing Market: Sales, Median Price, More Rise in June
July 22, 2021
Florida Realtors’ data: More closed sales, more new listings and higher median prices (up 24.5% for single-family homes, 22.4% for... View Article
NAR: June Existing-Home Sales Rose 1.4%
July 22, 2021
WASHINGTON – National existing-home sales increased in June, ending four consecutive months of declines, according to the National Association of... View Article
Mortgage Rates Fall for Fourth Week, Hitting 2.78%
July 22, 2021
Pandemic numbers are rising again. That’s shaken investors and pushed 30-year mortgage rates lower again this week, though adjustable rates... View Article
Fla. Home to 7 Out of 10 Top All-Cash Sales Metros
July 22, 2021
Nationally, cash buyers made up about 1/3 of all 2021 home sales so far, but that percentage rises to 52.6%... View Article
‘Short Commute Time’ No Longer Helps Home Values
July 22, 2021
The pandemic changed things: Home values for properties with long commute times are rising faster than units in or near... View Article
NEW: Escalation Addendum to Contract Released
July 21, 2021
On July 22, 2021, Florida Realtors released a new addendum for use with Florida Realtors contracts, the Escalation Addendum to... View Article