Biden will Pick Fudge for HUD, Vilsack for USDA
While not yet confirmed, President-elect Biden will put an Ohio representative in charge of U.S. housing programs, including the eventual end of the eviction moratorium.
‘If I Wait, Home Prices Will Come Down’ – but Will They?
Market predictions are difficult, and 2021 has wild cards. Will the pandemic end? Will a host of sellers list their home if they think it’s safe again? Still, prices and interest rates will probably keep rising next year, and most experts say it’s smart to buy sooner rather than later.
Study Asks, ‘Where are Fla.’s New Renters Coming From?’
In Fla., 34.6% of Miami seekers are looking in Orlando; in Orlando, 20.9% are looking to Miami. Apartment List’s report also found higher demand for short-term leases.
Agents Partner with Social Influencers to Market Homes
Some agents start a blog and hope readers will find it, but others go to pre-built audiences – notably younger ones – by using popular social media “influencers.”
Commercial RE Crowdfunding Navigates the Pandemic
The pandemic forced people to get more comfortable buying and selling real estate online, and web-based crowdfunding platforms were already a way to do that.
Recession Lesson Learned: Fewer Refi Cash-Out Deals
In the Great Recession, home prices skyrocketed, owners took out equity in a refinance, home prices fell and foreclosures mounted. But today, cash-out refis are at a 7-year low.
Nationstar Mortgage Returning $86M to Homeowners
Some 5,703 Fla. borrowers could get more than $7.8M, says AG Ashley Moody, who was part of a multistate action against Nationstar, which is also known as Mr. Cooper.
Survive and Thrive: Think of Your Business as a Start-Up
Businesses thrive by changing when the world changes – and the world is changing. The attitude owners had when they first started out will also serve them well now.
Congress to Consider Two Major Insurance Issues in 2021
While states oversee most insurance issues, Congress has flood-insurance reform on its radar and a new proposal: federal pandemic insurance that covers business losses.
Pandemic Didn’t Change Work Model so Much as Accelerate It
Florida Realtors economist: Is the work-from-home trend here to stay, along with its real estate impact on new housing and location demands? A nine-month study suggests that the change was already underway before the pandemic started. It’s simply happening faster now.