Sellers’ Market Peak? More Drop Their Asking Price
In April, 12% of sellers dropped their price compared to 9% one year earlier. It’s too soon to call it a trend, but it suggests prices might soon hit their peak.
Canada Considers Ban on Foreign RE Buyers
In an attempt to counteract Canada’s rising home prices, Prime Minister Justin Trudeau has proposed a two-year ban on purchases by foreign investors.
Rising Interest Rates Not Expected to Hurt S. Fla.
Strong demand from international buyers – many who find prices and interest rates cheaper here – should largely offset any drop in demand from domestic buyers.
RE Q&A: Timeframe to Serve on HOA Fining Committees?
Do you serve once on an HOA’s fining committee, almost like a jury? Or should members be appointed and continue to consider more cases over time?
Study: Human Activity ‘Helped Fuel’ Red Tide Events
A University of Fla. study found that a combination of factors contributes to red tide blooms, but human activity has intensified them over the past decade.
20 RE Companies Have 60% of Market Share
According to T3 Sixty, Realogy Holdings ranked No. 1 for sales volume in 2021 with $737.6B, while eXp World Holdings’ sales grew the most – 116%.
NAR: Supreme Court Should Review Floor-Plan Case
A design firm sued a Missouri brokerage, claiming it violated U.S. copyright law because its listings included floor plans – and last week an appeals court agreed.
Big Theme Parks Commit to Affordable Housing
Both Disney World and Universal Studios say they’re building affordable housing on company-owned land – a total of 2,300 new units for the Orlando area.
Study: COVID-19 Slowed Black Ownership Even More
A study of Census Data found that 15% of Americans are Black, but their homeownership rate is only 10%. Fla. cities included in the study ranked about average.
Fair-Housing Ad Violations Aren’t Always Obvious
Describe the property, not the potential buyer or tenant. “Ideal for empty nesters” or “perfect for students” raises red flags; “easy walk to train” does not.