Due to limited supply and strong demand, sales of rental housing for college students hit a record high of $22.9B in 2022.
People need a roof over their heads, making “home” a life necessity – and also, on the side, a good investment. As a result, buying sooner is better than later.
Storms rarely have a long-term effect on the local real estate market. Cape Coral-Fort Myers listings dropped for two months after Ian but rose for the six after that.
A number of real estate functions have many variables where artificial intelligence excels, such as home searches, transactions and productivity tools.
After Aug. 28, lenders must give FHA borrowers a Supplemental Consumer Information Form (SCIF) to identify language preferences and other buyer history.
A court case alleges the new law discriminates, and Fla. submitted a 59-page doc saying no – that it’s consistent with tradition and necessary to fight foreign influence.
In a time of rising housing costs, a fixer-upper offers more house for the money – but the iffy cost for renovations scares buyers already hurt by high interest rates.
UF’s June consumer sentiment saw an uptick to 69.3 from May’s 69.1, driven mainly by U.S. economic expectations. It’s the highest reading since Oct. 2021.
Consumers often know little about real estate buying and selling, so certain topics should be rotated to catch new eyes when customers decide to enter the market.
FFIEC: In 2022, the percentage of home loans to Blacks (7.9% to 8.1%) and Asians (7.1% to 7.6%) rose, but it fell slightly for Hispanics (9.2% to 9.1%).
