SoCal wildfires exacerbate inventory crunch as reconstruction estimates skyrocket. View email in a browser.
National Association of REALTORS(R) - REALTOR(R) Magazine
December 11, 2017
Today's Headlines
California in Housing Hell as Wildfires Rage
Two months after wildfires in Northern California exacerbated the inventory crunch and forced home prices to soar higher, the same could happen in the southern part of the state, as massive blazes threaten $30 billion in damage.
NFIP Stop-Gap Just Delays Flood Insurance Fix
Congress’ two-week extension of the National Flood Insurance Program may have avoided a total shutdown of the program, but it doesn’t provide a meaningful solution for homeowners in high-risk flood areas, NAR says.
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FHA to Increase Loan Limits in 2018
Find out what the new loan limits will be for mortgages backed by the Federal Housing Administration.
BIG INCENTIVES DURING BIG FINISH
Make some big memories this holiday season by cashing in on your exclusive $500 cash allowance with Chrysler, Dodge, Jeep®, Ram and FIAT®. Now during Big Finish, use your extra cash allowance and event incentives to give the gift of adventure with the Jeep® Grand Cherokee or the all-new Jeep® Compass. This unique opportunity is offered through NAR’s REALTOR Benefits® Program. Visit your local dealer and NAR.realtor/FCA for more details.
4 Markets British Investors Are Targeting
Nearly every major region of the U.S. has at least one city that is seeing a marked increase in activity among home buyers from Great Britain. This is what’s drawing them.
U.S. Sees First Homelessness Uptick Since 2010
The West Coast was mostly responsible for the increase thanks to particularly tight housing markets in cities such as Los Angeles and Seattle, according to HUD.
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Consumers Maintain Upbeat Housing Attitude
Fannie Mae’s latest survey shows American optimism, but potential tax reform could have an impact on future viewpoints.
Need a Gift Idea for Your Clients?
If you’re doing last-minute holiday shopping, make sure to grab something for your most loyal customers. We’ve got ideas to fit any budget.
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