ARCHIVED BLOG POSTS
2020
TOP STORIES: From a Stable Job to a Tent: A Waiter’s Homeless StruggleWhen the restaurant he worked at shut down due to the pandemic, an Orlando waiter was laid off indefinitely. While waiting on Fla.’s unemployment system, he lost everything. Read more Pensacola's Real Estate Q&A? What is Title...
10/24/2020
TOP STORIES: The Pandemic Hasn’t Stopped Property Values from RisingIn S. Fla., for example, records show home values rose from 2019, meaning it could bring higher tax bills as the region deals with financial worries from COVID-19. Read more Pensacola's Real Estate Q&A? What is Title Insurance, ...
10/23/2020
TOP STORIES: Study: 3 in 4 Mortgage Holders Could Benefit from RefinancingBlack Knight: 19.3M homeowners could benefit from refinancing, the largest number of potential refinance candidates on record, saving about $300 monthly on average. Read more Pensacola's Real Estate Q&A? What is Title Insu...
10/23/2020
TOP STORIES: Home Improvement, DIY Likely to Be Habits with Staying PowerHome Depot, Lowe’s and other stores are seeing a greater demand for supplies as homeowners fix up their nests during the pandemic. Outdoor projects are popular. Read more Pensacola's Real Estate Q&A? What is Title Insurance...
10/22/2020
TOP STORIES: Fed’s Near-Zero Rates May Last YearsUntil the economy reaches full employment and inflation runs "moderately" above its 2% goal for "some time,” the Fed is likely to keep its key interest rate near zero. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows and clo...
10/21/2020
TOP STORIES: Majority of Young Adults Are Now Living with Their ParentsPew Research Center: Due to COVID-19, 52% of 18-to-29-year-olds – about 26.2M – now live with their parents, surpassing the previous peak during the Great Depression. Read more Pensacola's Real Estate Q&A? What is Title Insur...
10/21/2020
TOP STORIES: U.S. Home Building Slides 5.1% After Months of GainsCommerce Dept.: Building permit applications dipped 0.9% to a seasonally adjusted 1.47M; however, the drop-off in new home starts was greater than analysts expected. Read more Pensacola's Real Estate Q&A? What is Title Insurance, E...
10/20/2020
TOP STORIES: Homeownership Rate Rises Close to Housing Boom LevelsIn 2Q 2020, the U.S. homeownership rate rose to 67.9%, its highest level in 12 years, as low mortgage rates and COVID-19 prompt more Americans to want their own home. Read more Pensacola's Real Estate Q&A? What is Title Insurance,...
10/19/2020
TOP STORIES: RE Q&A: Buying a Foreclosed Home from the Bank – Bad Idea?REO or real estate owned foreclosures can offer good deals but watch for downsides that can occur with any foreclosure, like maintenance or permitting issues. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Es...
10/19/2020
TOP STORIES: It Hasn’t Been This Hard to Get a Mortgage in 6 YearsDue to tight supply, MBA’s credit availability Index fell 4.7% in Aug., the lowest since March 2014; however, home lending is still expected to hit a 15-year high in 2020. Read more Pensacola's Real Estate Q&A? What is Title Insur...
10/18/2020
Rainmaker
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