Here's the latest on where we are with the real estate market these days. As always, feel free to give me a jingle to discuss the goings on:
Consumer Confidence Bouncing Back after Pandemic Low
Things are getting better, at least in consumers’ minds. The May confidence index rose to 86.7 from April’s 85.7, and while the component for current conditions fell 1.9 points, future expectations rose 2.6 points. According to the report, the “free fall stopped in May.” Read more
New-Home Sales Post Surprising Gain in April
A 0.6% increase in new-home sales isn’t much, but it suggests that a healthy number of potential buyers is still ready to move forward on their plan to buy a home. Read more
Fla. Approves 63% of Counties for Vacation Rentals
As of Tuesday morning, Fla. DBPR approved plans for 42 counties to safely reopen vacation-rental properties – an increase from 26 counties last Friday. Read more
Additional local information can be found at myescambia.com and the Short Term Vacation Rental Plan for Escambia County.