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- 3 Fla. Metros in Top 15 for Mortgage Fraud May 18, 2022Buyers feel pressure to lie on mortgage applications as homes become less affordable, and it’s become more prevalent in South Fla., Orlando and Tampa metros.kerrys
- Home Affordability Down – But It’s Been Lower May 18, 2022A median-priced home was 79% less affordable historically in 1Q 2022, says Attom. But even in Miami, homes are still 50% more affordable than they were in 2006.kerrys
- NAR: Fla. Home to the Top 5 Commercial Markets May 18, 2022The Commercial Real Estate Market Conditions Index factors 25 variables on economic conditions, demographics and more. This year, Orlando topped the list.kerrys
- Tax Foundation: Fla. No. 4 for ‘Business Tax Climate’ May 18, 2022Researchers found that the top lower-tax states didn’t have a “major tax,” which helped Fla. move high in rankings since it lacks a personal income tax.kerrys
- 98% of Investors Putting Money in Commercial RE May 18, 2022Survey: Thanks to recent stock market gyrations, investors are moving to real estate. They consider it stable and less likely to lose value until things cool down.kerrys
- April Housing Starts Steady but Single-Family Drops 7.3% May 18, 2022Housing starts fell just 0.2% in April, but multifamily starts rose 15.3% to offset the single-family drop. NAHB cites “weaker confidence in the single-family market.”kerrys
- HUD: $10.3B for Housing in Fiscal Year 2022 May 17, 2022Most of the money goes toward affordable housing, but it’s also used for other HUD housing programs, such as specific aid for some at-risk populations.kerrys
- Builder Optimism Plummets in May May 17, 2022At 69, NAHB’s confidence index remained in positive territory, but it dropped 8 points due to rising interest rates, a lack of workers and supply-side issues.kerrys
- Biden Admin. Releases Housing Action Plan May 17, 2022Biden hopes to close the housing supply gap within five years. He announced immediate changes, but the extensive plan requires some congressional action.kerrys
- Pair Arrested for ‘Stealing’ 67 Fla. Homes May 17, 2022Fraudsters troll obituaries seeking homeowners who died, then lie and forge documents to claim ownership, often to the surprise of the actual heirs.kerrys