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Showing posts from June, 2020

Florida Homeowners, Renters to Get $250M in COVID-19 Relief

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Floridians struggling to make house or rental payments qualify for help, says Gov. DeSantis. The money is part of $2.2T in funding created in March’s federal relief act. Read more. .  Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

More People Asking Themselves, “Why Do I Live Here?”

More People Asking Themselves, “Why Do I Live Here?” : The traditional reasons buyers move – marriages, births, deaths – are still there, but the pandemic has also sparked philosophical discussions on happiness. Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Miami ranked among top 10 most recovered housing markets since start of COVID-19

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Miami ranked among top 10 most recovered housing markets since start of COVID-19 via Realtor.com “Homebuyer interest recovered quickly post COVID19 & remains high despite the weaker economic environment, as low  #mortgage  rates, virtual tools & lockdown lifts have enabled many buyers to continue the# home search process." Read more... Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

FHFA Foreclosure-Eviction Moratorium Extended to Aug. 31

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FHFA Foreclosure-Eviction Moratorium Extended to Aug. 31 : A homeowner with a Fannie Mae or Freddie Mac-backed mortgage cannot be foreclosed or evicted until Aug. 31 – a two-month extension from the existing June 30 deadline. Guillermo "Bill" Sanjurjo Realtor® https://guillermo.realtor 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Designing the Perfect Pop-Up Office

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Designing the Perfect Pop-Up Office : Stage extra rooms as workspaces so buyers can see the flexibility of your listing. Guillermo "Bill" Sanjurjo Realtor® https://guillermo.realtor 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Mortgage Applications Are 13% Higher Than a Year Ago

Mortgage Applications Are 13% Higher Than a Year Ago : The reopening of states, low interest rates, and pent-up housing demand are prompting the upswing as home buyers return to the market. Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Fla. Supreme Court: Eviction Writs to Restart July 1

Fla. Supreme Court: Eviction Writs to Restart July 1 : Residential evictions are banned until July 1, but without court-issued writs, commercial evictions are also affected. Barring an extension, both are back at the end of this month. Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Wave of ‘Build for Rent’ Communities Coming to S. Fla.

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An uptick in new-home developments is targeting investors who plan to rent-out homes rather than first-time or move-up buyers who plan to live there. Read more.. Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Mortgage Delinquencies Jump by 90%

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The national delinquency rate increased by 90.22%, according to Black Knight's latest  Mortgage Monitor Report , with 1.6 million new delinquencies since March and a rate of 6.45%, the largest single-month increase on record. Read more... as published in  Daily Dose ,  Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

PARKING REQUIREMENTS AND FOUNDATIONS ARE DRIVING UP THE COST OF MULTIFAMILY HOUSING

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Source:  Hoyt 2020 . While developers and contractors agree that controlling costs is difficult until a project is “out of the ground,” there are three strategies that could help. First, conduct due diligence on the site in advance, and run site prep concurrently with other tasks when possible. Second, prioritize building forms that permit simple, shallow foundations. Third, local governments should update zoning regulations to reduce parking requirements, thereby reducing the amount of costly structured parking. Read more As published in the Joint Center of Housing Studies of Harvard University  |  Hannah Hoyt and Jenny Schuetz Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Does Insurance Protect Your Car and Home During Rioting?

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SHAWN THEW / EPA-EFE / Shutterstock Find out whether your policies offer coverage for civil unrest . Read more . Guillermo "Bill" Sanjurjo Realtor®  Century 21 Continental Realty  12955 SW 42 St Suite 2,  Miami, FL 33175  Cell: 786-232-1400