ARCHIVED BLOG POSTS
2020
TOP STORIES: The Problem with Property Valuations in Uncertain TimesIs a pre-pandemic home sale price “comparable” to the price now? Economic uncertainty has created a few new challenges for the home valuation industry. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows and c...
09/14/2020
TOP STORIES: Condo Q&A: Should Monthly Fees Drop If Amenities Are Closed?Also: An HOA board decided to change trim colors for 108 community homes. Is that a material alteration – something members should vote on? Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows and closings...
09/14/2020
TOP STORIES: New-Home Construction Surges 22.6%It’s the third month in a row for an increase, and the big gains came from the construction of apartments and condominiums, which soared 56.7%. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows and closings explained in simple t...
09/13/2020
TOP STORIES: Hotel Business Is Hurting – So Great Time to InvestReal estate investors see the hotel industry as an opportunity because some large and small properties may not make loan deadlines while occupancy remains low. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows a...
09/13/2020
TOP STORIES: Big Question: How Many At-Home Workers Will Commute Again?The answer impacts commercial and residential sales. Some employees want to go back, but a few might be surprised to find it's mandatory. Employers say it affects hiring. Read more Pensacola's Real Estate Q&A? What is Title In...
09/12/2020
TOP STORIES: Fla.’s Single-Family For-Sale Inventory Hits Record Low in 2QThere’s never been a better time to sell a home. Fla. had only a 2.8-months’ supply of single-family homes in the second quarter – the lowest amount since at least 2008. Economists generally consider a six-month supply to b...
09/11/2020
TOP STORIES: Mortgage Refinancing to Get a Bit More ExpensiveNAR calls it “the wrong policy at the wrong time.” Many homeowners with a median-priced home will pay a new $1,400 fee to Fannie Mae or Freddie Mac after Sept. 1. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows a...
09/10/2020
TOP STORIES: Fannie Mae: U.S. Economy Poised for Substantial ReboundThe lending giant says the economy contracted 32.9% in 2Q – the largest since WW II. But it now expects strong housing data to lead a robust rebound by year’s end. Read more Pensacola's Real Estate Q&A? What is Title Insurance, E...
09/09/2020
TOP STORIES: Moving During the Pandemic: ‘What I Wish I’d Known’It’s safe to move, but COVID-19 adds a new wrinkle for buyers who want masks and social distancing to be part of the process. Start with extra moving supplies. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows a...
09/08/2020
TOP STORIES: COVID-19 Boosted Number of Rich New Yorkers Moving to Fla.Fla. is a winter retreat for New York’s upper class, but over the past few years, some relocated permanently to escape high tax laws. Now the pandemic-created desire for living space gave them another reason to relocate, and e...
09/07/2020
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