Local zoning generally cedes more space to single-family homes than multifamily, HUD says, and it’s releasing new data that backs up recommendations for change. WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) released a new publication that summarizes the effects of zoning policies on housing supply, location and affordability. HUD says it’s … Read more
The stock for many major U.S. builders is up 20% so far as investors bank on it probably “crossing the valley from recession to potential recovery” in fall 2023. LOS ANGELES (AP) – Homebuilder stocks are on a tear as investors bet that a dearth of previously occupied homes on the market and moderating mortgage … Read more
Rather than just react to fair housing complaints, HUD plans to be more assertive via a program announced in Jan. This week, it extended the comment period to April 24. WASHINGTON – In January, the U.S. Department of Housing and Urban Development (HUD) proposed a new program called “Affirmatively Furthering Fair Housing” that would be … Read more
Commercial real estate remains strong in many areas of the country, and even in metros seeing a slowdown, it’s often considered “an opportunity” rather than “a catastrophe.” NEW YORK – American humorist Mark Twain is quoted as saying, “The reports of my death are greatly exaggerated.” The actual statement was that “the report of my … Read more
The pandemic pushed many city dwellers to the suburbs, and cities are still losing residents – but urban and small-town population growth is now relatively flat. ©Florida Realtors® Source link
Rather than paying a mortgage monthly, make a half payment every two weeks, equaling one extra payment per year. It can shave about 6 years off a 30-year loan. every year? No, not the one where you make a full extra payment at the end of the year. That’s not a secret and coming up … Read more
Banking sector chaos and a see-sawing stock market didn’t deeply impact Floridians. UF’s sentiment index for March rose 2 points, surprising UF economists. GAINESVILLE, Fla. – Consumer sentiment in Florida increased for a third month in a row in March to 69.7, up 2 points from a revised figure of 67.7 in February. On the … Read more
A Facebook post boost is like an advertisement that not’s strictly an ad. Paying extra will push a listing, for example, out to a much wider audience. NEW YORK – Real estate agents can use Facebook Boost to “push” postings to audiences outside their current page followers. To do this, agents simply click on their Facebook … Read more
Florida Realtors economist: Maybe a seller wants to overprice their home? A buyer insists on low bids? Statistics can help you focus on facts rather than falling prey to emotions. ORLANDO, Fla. – There’s no doubt: Today’s real estate market bears little resemblance to the one from 2021-2022. High sales prices plus high interest rates … Read more
People “used to the best” in everyday life expect top-shelf home marketing and cutting-edge websites – the type of style that aligns with their day-to-day existence. NEW YORK – Want to sell luxury real estate? Think like you’re rich. Luxury real estate agents should understand and adapt to their affluent clientele’s mindset in order to … Read more
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