Commercial Real Estate: Opportunities and Challenges Abound
October 15, 2021
Florida Realtors economist: Real estate’s residential side has been on fire since summer 2020. How has the commercial side fared?... View Article
Report: Fla. Closing Costs Are 2.32% of Home Price
October 15, 2021
In the U.S., closing costs, including taxes, were up 10.5% year-to-year, and almost $7K for an average price home. In... View Article
Fla.-Owned Insurer’s CEO Cites ‘Sea of Red Ink’
October 15, 2021
The head of Citizens Property Insurance calls losses among all state insurers “absolutely staggering.” He blames the marketplace itself, saying... View Article
White House Targets Economic Risks from Climate Change
October 15, 2021
A new 40-page report takes a broad view on steps being taken to mitigate risks, including possible HUD and VA... View Article
U.S. Funding More Multifamily in 2022 – 50% Must be Affordable
October 15, 2021
The U.S. will increase loan caps for multifamily housing by 11.4% next year, and 50% of the $156B total ($140B... View Article
How Many Offers Did the Typical 2021 Buyer Make? Two
October 15, 2021
While stories about multiple offers and foregone inspections are pervasive, a study found that most buyers won by their second... View Article
U.S. Foreclosures Soar – But They Also Fall
October 14, 2021
In 3Q, the number of U.S. foreclosures surged 67% year-to-year as homes exited forbearance and bans ended. But compared to... View Article
Mortgage Rates Surpass 3% Again – Hit a 6-Month High
October 14, 2021
Average mortgage rates continue to hover around 3%, but they’ve slowly ticked higher. This week, the 30-year, fixed-rate mortgage averaged... View Article
Many Condo Appraisers Will Start Assessing Building Safety
October 14, 2021
In response to the Surfside condo collapse, Fannie Mae says its condominium loan decisions after Jan. 1 will include a... View Article
U.S. Land Border Plan: Vaccinated Canadians Can Return in Nov.
October 14, 2021
WASHINGTON – A motley coalition of elected officials, bilateral business leaders and travelers-turned-lobbyists briefly cheered the coming reprieve from restrictions... View Article