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Mortgage Rates Up this Week, but Only a Bit

The 30-year fixed-rate mortgage averaged 2.88% this week, a small increase from last week’s 2.86%. Freddie Mac credits foreign investors for keeping rates low. from FloridaRealtors via RealtorOrlandoFL.com Credits: Florida Realtors .org Buying or Selling?Searching for a good Realtor in Orlando Cristian Vergara is your nearest real estate agent.
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Appraisal Valuation Gap Uncovered in Minority Areas

A Freddie Mac study of 12M appraisals found that 13% of homes in Black neighborhoods were below contract price; in white tracts, it was 7.4%; in Latino it was 9.4%. from FloridaRealtors via RealtorOrlandoFL.com Credits: Florida Realtors .org Buying or Selling?Searching for a good Realtor in Orlando Cristian Vergara is your nearest real estate agent.

Fla.-Owned Insurer: Losses and Policies Keep Growing

Citizens Property Insurance expects to exceed more than 1M policies sometime in 2022 – and private insurers will rack up more than 1B in losses by the end of this year. from FloridaRealtors via RealtorOrlandoFL.com Credits: Florida Realtors .org Buying or Selling?Searching for a good Realtor in Orlando Cristian Vergara is your nearest real estate agent.

Giving Money to a Real Estate Syndicator? Things to Know

A syndicator combines money from multiple investors for a single project. Due diligence requires consideration of at least nine things – but trust tops the list. from FloridaRealtors via RealtorOrlandoFL.com Credits: Florida Realtors .org Buying or Selling?Searching for a good Realtor in Orlando Cristian Vergara is your nearest real estate agent.

To Some Thieves, a 3D Tour Is Like Online Shopping

A Faberge egg on the mantle? The location of a home safe? Agents should take steps to protect their sellers’ privacy and safety when they create 3-D listing tours. from FloridaRealtors via RealtorOrlandoFL.com Credits: Florida Realtors .org Buying or Selling?Searching for a good Realtor in Orlando Cristian Vergara is your nearest real estate agent.

Florida Realtors Named One of Central Fla.’s Top Workplaces

Energage sends workplace culture surveys to companies on behalf of the Orlando Sentinel, and the state Realtor association was named one of the area’s best places to work. from FloridaRealtors via RealtorOrlandoFL.com Credits: Florida Realtors .org Buying or Selling?Searching for a good Realtor in Orlando Cristian Vergara is your nearest real estate agent.

Fla.’s Housing Market: Median Prices, New Listings Up in August

Florida Realtors’ data: More new listings and higher median prices – up 18% for single-family homes to $354,000; up 16.1% to $252,500 for condos – than a year ago. Single-family home sales rose just 0.2%, but condo sales were up 13.1%. Chief Economist O’Connor: Condo-townhouse market “remains the hotter market for now.” from FloridaRealtors via RealtorOrlandoFL.com Credits: Florida Realtors .org Buying or Selling?Searching for a good Realtor in Orlando Cristian Vergara is your nearest real estate agent.