ARCHIVED BLOG POSTS
2020
TOP STORIES: Mortgage Rates Drop to 2020’s 14th Record Low: 2.71% It’s only a slight drop from last week’s 2.72%, but it’s enough to break another record. One year ago, the rate for a 30-year mortgage loan averaged 3.68%. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows an...
12/24/2020
TOP STORIES: U.S. Construction Spending Jumps 1.3% in Oct. Single-family home construction saw an even bigger increase – 5.6%, according to the Commerce Department. Oct. spending exceeded analysts’ expectations. Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows and closings...
12/23/2020
TOP STORIES: RE Q&A: How Can I Add a Relative to My Home’s Deed?An older adult wants to make sure a favored relative gets her home, but an online search provided confusing details. What’s the best way to do it? Read more Pensacola's Real Estate Q&A? What is Title Insurance, Escrows and closings ...
12/23/2020
TOP STORIES: Legal Q&A: Can a Board Reject Modifications That Don’t Fit In?A member of an HOA’s Architectural Review Committee says some legit requests for home expansions “would look very different.” Is that reason enough to deny them? Read more Pensacola's Real Estate Q&A? What is Title Insura...
12/22/2020
TOP STORIES: Demand for Fencing Skyrockets as Owners Seek PrivacyIf fences make good neighbors, there are a lot more good neighbors out there. Lumber costs have gone up, but many buyers want “toppers” to make an existing one higher. Read more Pensacola's Real Estate Q&A? What is Title Insurance,...
12/21/2020
TOP STORIES: Number of Fla. Homes Behind on Rent or a Mortgage? 51%Census Bureau: Fla. has more people struggling with housing costs than any other state. More than half in a survey think eviction or foreclosure is "somewhat likely." Read more Pensacola's Real Estate Q&A? What is Title Insurance...
12/21/2020
TOP STORIES: Some Fla. Owners Will See Big Property Insurance Increases State regulators approved about 100 rate-hike requests in 2020, with at least two close to 30%. But those are averages – a specific owner’s rate hike might be higher. Read more Pensacola's Real Estate Q&A? What is Title Insu...
12/20/2020
TOP STORIES: Mortgage Forbearance Helped Homeowners – and the RE Market Freddie Mac: Forbearance did more than help at-risk owners. It also stopped a foreclosure surge from hurting the market and helped all homeowners retain their value. Read more Pensacola's Real Estate Q&A? What is Title Insu...
12/19/2020
TOP STORIES: Home Construction Increased 4.9% The increase follows a more modest 1.9% increase in Sept. Building permits – a sign of future activity – remained steady in Oct. but are still up 2.8% year-to-year. Read morePensacola's Real Estate Q&A? What is Title Insurance, Escrows and closings e...
12/18/2020
TOP STORIES: Builder Confidence at Record High, 6% Above Previous RecordBuilders are almost giddy. An Index of 50 suggests a balance between optimism and pessimism, but Nov.’s confidence number hit 90 after a record-breaking 85 in Oct. Read more Pensacola's Real Estate Q&A? What is Title Insuran...
12/18/2020
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