Most renters generally like the idea of homeownership but they’ve put it off or incorrectly think there’s no way that a bank would consider them for a mortgage.
Sales surged during stay-at-home orders, and some think they’ll plummet later in the year as a result. One wild card: Will a second COVID-19 surge create all-new demand?
Reopening shouldn’t be taken lightly. Under Fla. law, emergency powers last as long as “reasonably necessary to protect the health, safety and welfare” of residents.
Attitudes influence actions, and a severe drop in Floridians’ outlooks accompanied the pandemic. But April’s low point of 76.3 improved slightly in May – to 76.4.
While fewer people touch every surface and open every cabinet, 2 out of 3 buyers who attended an open house within the past year would do so now. About half of buyers (47%) and sellers (53%) say the pandemic has made it even more important to work with a real estate professional.
Home sellers near city limits may see higher buyer demand. Builders predict a work-from-home trend will increase new-home sales in areas where land is still affordable.
Survey: Long-term home satisfaction is a quality-of-life issue. For many, “I love my house” means “I love my community – a safe place to work and recreation options.”
A maze of personal history influences a decision, and “hidden bias” – a set of beliefs that may have never been questioned – plays a part in everyone’s actions.
Some people will continue working from home after the pandemic ends, but companies that ask workers to return will need even more space to achieve social distancing.
Just hours before the moratorium on evictions and foreclosures was set to expire, Gov. Ron DeSantis issued a new executive order that extends the current ban to July 1.
Most Fla. counties (75%) have had plans approved to safely reopen vacation rentals, but a new survey finds that more than 1 in 3 Airbnb hosts (37%) don’t feel safe doing so yet, with 29% waiting for a vaccine – and 70% of potential renters say they’re not ready yet either.
The market quickly hit bottom during stay-at-home orders but then bounced back with renewed vigor. Long-term strength, however, likely depends on unemployment trends.
Get out of Dodge – or New York or any big city. Survey: 52% of city dwellers would consider moving if they could work from home, but in New York City, it’s 60%.
Benefits authorized under the CARES Act expire July 31, but it’s now clear that many people will still be out of work. Congress has floated a few different proposals.