Broward to Move to Phase 2 Reopening Monday, 9/14
Florida Governor Ron DeSantis has announced that all of Florida, including Broward County, is in Phase 2 of reopening, effective Monday, September 14.
More Renters Up-To-Date on Payments – or Close To It
In the latest monthly study from Apartment List, the authors “expect that nine-in-10 renters will pay their September rent in full by the end of the month.”
More Americans Say It’s a Good Time to Buy or Sell
Fannie Mae’s monthly survey found less pessimism over potential job losses and an increasing number of buyers (up 3%) and sellers (up 3%) who think it’s a good time enter the market. Overall, the index rose 3.3 points to 77.5, though a year ago it was 93.8.
How to Handle Bidding Wars Legally
“Real estate professionals can help avoid complaints and fair housing issues while helping both the buyer and seller understand their options,” Deanne Rymarowicz, associate counsel at NAR.
Palm Beach County Starts Phase 2 Reopening
Palm Beach County has been given permission to start Phase 2 of the Reopening Process by Governor Ron DeSantis.
What's New in Matrix? Matrix X Release Notes
With the release of Matrix X, the system continues to combine modern color palettes, iconography, and navigation with a state-of-the-art design. Plus, Matrix X boasts new notification features and new map layers!
FEMA Approves $300 Weekly Unemployment Pay in Florida
Florida is now an official participant in the Lost Wages Assistance Program, which should provide qualified unemployed residents $300 per week for at least three weeks.
DeSantis Narrows Fla. Eviction Ban, Extends to Oct. 1
Hours before Fla.’s eviction or foreclosure ban was scheduled to expire, the governor signed an order extending it to Oct. 1. The order applies only to the “final action” and not for reasons other than a COVID-19 emergency.
Who is Eligible for St. Lucie CARES?
Any St. Lucie County resident who has suffered an economic hardship caused directly by COVID-19, and who earns less than 120% of the area median income is eligible to apply.
DeSantis Approves Reopening of PBC Personal Services
Emergency Order 22 reopens tanning establishments, tattooing establishments, and body piercing establishments with appropriate safety guidelines as outlined by the Florida Department of Health.
Governor to Tap Federal Unemployment Money, Extend Benefits
Governor DeSantis will apply for additional unemployment funds authorized by a memorandum signed by President Trump. The rules are complicated, but independent contractors might receive an additional $300 per week if they’re eligible Reemployment Assistance claimants.
RE Industry Pressure Worked: FHFA Postpones Refi Fees
Faced with pressure from the real estate industry, the Federal Housing Finance Agency (FHFA) announced that it will delay a loan finance fee charged to homeowners who refinance their current loan.
Pending Home Sales Rise 5.9% in July
July’s pending home sales were up again, according to the National Association of Realtors® (NAR) monthly index.
FHFA: Foreclosure, REO Eviction Ban Extended to Dec. 31
The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will extend moratoriums on single-family foreclosures and real estate owned (REO) evictions until at least Dec. 31, 2020.
Palm Beaches to Temporarily Suspend Rental Assistance Program
The Palm Beach County Community Services Department has plans to temporarily suspend rental and utility assistance applications. Applications must be submitted by 11:59 p.m. on Aug. 31 in order to be processed.
Broward to Launch Online Rental Assistance Program
Qualified residents impacted by COVID-19 will soon be able to apply online for rental assistance, thanks to the Broward County Commission. Funds can help qualified residents pay unpaid rents.
July Existing-Home Sales Soar 24.7% Higher Nationwide
“The housing market is well past the recovery phase and now booming,” says NAR. And current owners seeking larger homes will “drive demand even into 2021.”
Florida July Housing Market Had ‘Wave of Closed Sales’
Florida Realtors®’ data: July saw more sales, higher median prices, more new pending sales and more new listings year-over-year. Single-family sales rose 11.7%; condo sales were up 6.5% – “the 1st year-over-year increase in this category since March,” says Chief Economist O’Connor.
Palm Beach County Reopens Vacation Rentals
Palm Beach County has issued Emergency Orders reopening short term vacation rentals and extending facial coverings.
St. Lucie County Makes Complete V-Shaped Recovery
Just in! Newly released market reports from Florida Realtors® detailing recent real estate activity in St. Lucie County. The reports compare year-over-year data for July. Here are statistics on single family homes.