Source: Florida Trend — A low inventory of homes for sale and low interest rates are fueling a fast-paced, red-hot housing market throughout Florida. Homes are lasting just days before a single offer beats out the rest. Sometimes, sellers don’t even have to...
Source: The World Property Journal — National property broker Redfin is reporting that in May 2021 over 70% of home offers written by Redfin agents faced competition, down from a revised rate of 73.6% in April 2021. That’s still up significantly from...
Source: MPA — Existing-home sales, weighed down by rising prices and low inventory, fell for the fourth consecutive month in May. According to the National Association of Realtors, total existing-home sales were down 0.9% to an annual pace of 5.80 million – the...
Source: MPA — With refinances drying up, brokers are shifting their focus to capturing the booming purchase market. Homepoint – the nation’s third-largest wholesale lender – has launched Homepoint Amplify, a new service model that aims to help brokers do just...
Source: The World Property Journal — According to international property consultant Knight Frank, despite three national lockdowns, a delayed vaccine program, closed borders and with residential sales halted for several weeks in the second quarter of 2020,...
