Some Homebuyers Get a Second Chance
As more contracts fail to close, some frustrated buyers who didn’t win the bid are receiving a call a week or more later: Do they still want the home?
Tried-and True Marketing Campaign? Change It
Some newer agents haven’t seen a real estate market in transition, and they may need to rethink phrases they’ve used for a few years, such as “This one won’t last!”
Fla.’s Consumers Slightly More Optimistic in July
UF: Consumer-sentiment scores remain low, but July’s numbers were about a half point higher. Households making $50K or less held the most pessimistic views.
June Home Prices Cooled at Record Pace
Home price increases dropped 2 percentage points – but even at that rate, it would still take six months to return to any historically “normal” monthly increases.
Could Housing Solutions Help Close the Racial Gap?
U.S. housing discrimination has a long history, from redlining to VA loan policies. But if legal problems are solved, would an adequate housing supply do the rest?
HUD: $2.8 Billion in Grants for Homeless Services
Sept. 30 application deadline: HUD says the money prioritizes homeless youth and survivors of domestic violence, dating violence, sexual assault and stalking.
FTC Fines iBuyer Opendoor $62M for ‘Tricking’ Sellers
The FTC alleges the iBuyer used “misleading and deceptive information,” and its sellers “made thousands of dollars less” than they could have via a traditional listing.
Cost of Fair vs. Excellent Credit? $288 per Month
A borrower with a “fair” credit score could pay $103,626 more over the life of a 30-year loan compared to a similar borrower with an “excellent” score.
What If a Dead Former Owner’s Deed Shows Up Online?
RE Q&A: A buyer bought her home from a widow. But even with a death certificate, the county didn’t remove her deceased husband’s name from the deed.
In SW Fla., It’s Too Late to Sell at Top of Market
In Lee County, median sales prices are down 4%; in Collier they’re down 7%. Sales volume also dropped a bit while inventory has increased about 8%.