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Home Flipping – and Profit Margins – Lower in 2020

By Kerry Smith The 2020 real estate market wasn’t ideal for home flippers who buy homes, fix them up and resell. ATTOM’s 2020 report found that fewer home flips were funded by fewer mortgages. And while gross profits went higher, profit margins dipped for the third straight year. IRVINE, Calif. – ATTOM Data Solutions’ 2020 […]

Feb. Consumer Confidence Continues Optimistic Trend

By Kerry Smith If consumer spending drives the economy, a rebound in confidence reflected in the Feb. and Jan. reports suggests a slow emergence from the darkest days of the pandemic. Consumers’ attitudes about their current finances rose for the first time in three months. BOSTON – The Conference Board Consumer Confidence Index reflects a […]

Extension Request Denied: ‘But I Need More Time!’

By Joel Maxson A transaction usually contains key deadlines. When buyers and sellers can’t meet those deadlines, they often agree to an extension. But what happens if the other party won’t grant an extension? Here are three scenarios that show where parties stand if an extension is denied. ORLANDO, Fla. – Buyers, sellers, landlords, and […]

Fewer Listings, Less Time on Market: Buyers Should Prepare

By Kerry Smith A realtor.com report finds that active site listings for Fla. metro areas are down as much as 56% year-to-year in Jacksonville, 53% around Tampa and 31% in Central Fla. ORLANDO, Fla. – For current homebuyers, spring will likely be fiercely competitive. Real estate professionals should prepare their house hunters for record low […]

Check Out What’s Going On February 3, 2020

What's Trending In West Volusia? The latest dish of what's happening in Central Florida, served fresh right to your inbox.   Coming Soon!!!   Affordable Housing Boosts Economy   Sadowski Coalition: For every dollar spent on affordable housing, “there’s a 40% return on investment (for Fla.), in addition to producing desperately needed housing.”     […]

Study Looks at the Efficiency of Fla.’s Housing Programs

By Kerry Smith Sadowski Coalition: For every dollar spent on affordable housing, “there’s a 40% return on investment (for Fla.), in addition to producing desperately needed housing.” TALLAHASSEE, Fla. – The Sadowski Coalition, which advocates for affordable housing issues, released its first economic study of the Sadowski Housing Trust Funds – the state funding mechanism for […]

Census Analysis: In Population Growth, Fla. No. 2 After Texas

By Kerry Smith An analysis by Pew Charitable Trusts: 16 states’ populations have declined since the Great Recession, but the big winners are Texas (up 374K) and Fla. (up 241K). WASHINGTON – Americans aren’t afraid to relocate. An analysis of U.S. Census Department data by Pew Charitable Trusts looked at state-to-state migrations since the Great […]

2021 Volunteer Opportunity

*permiso de padre necesario God Bless! My name is Elizabeth Chavez, most of you know me as Lisa Chavez. This ministry, The Nitty-Gritty True Talk Ministries (Llegando Al Corazón De La Verdad) started at home in March of 2017. It branched out 3 months later to real radio on 97.1 FM, where you can still […]

Check Out What’s Going On December 16, 2020

What's Trending In West Volusia? The latest dish of what's happening in Central Florida, served fresh right to your inbox.         NAR: Summit Economists Expect Good Things in 2021   More than 20 economic housing experts at NAR’s Real Estate Forecast Summit discussed a post-pandemic 2021 and, as a group, predicted the […]