Redfin: Renters Are Staying Put Longer

U.S. renters are less likely to move than they were a decade ago, which is a boom for landlords due to reduced turnover and greater stability.
Read MoreCFPB Opens Inquiry into Mortgage Closing Costs

The CFPB is seeking public input into mortgage closing cost “junk fees.” Mortgage industry trade groups said changes must go through the rule-making process.
Read MoreProperty Insurance Analysis: 'Cautiously Optimistic'

A financial-rating agency said it was “cautiously optimistic” about the Florida market, in part due to 2022 legislative reforms and declining Citizens’ policies.
Read MoreBuyer Representation Forms Coming Mid-June

Florida Realtors said its updated forms reflecting practice changes from the NAR national settlement will be released in mid-June rather than May 31.
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The most popular type of home loan – a conventional mortgage – may cost less in the long run. There are also a variety of loan terms available.
Read More Panel: Cities Face 'Doom Loop’ but There’s Hope

A panel of experts said work from home has negatively impacted commercial real estate, but office-to-housing conversions can help.
Read MoreMoving Back Home to Save for a House

Millennials planning to buy a home are moving in with their parents to save money and avoid the hassle of timing a home purchase with the end of a rental lease.
Read MoreVA Asks Lenders to Extend Foreclosure Moratorium

The VA asked mortgage servicers to continue a pause on foreclosures until Dec. 31 to help veterans at risk of losing their homes.
Read MorePending Home Sales Slumped 7.7% in April

Contract signings retreated in all regions compared to the previous month and one year ago. The Midwest and West saw the largest monthly declines.
Read MoreMortgage Rates Snap Three-Week Pullback

The average rate on a 30-year mortgage increased to 7.03% from 6.94% last week. Borrowing costs on 15-year fixed-rate mortgages rose to 6.36% from 6.24% last week.
Read MoreContemplated Interest When Doing An Appraisal?

The Realtor, who is a licensed appraiser and a commercial real estate broker, conducted a lender-ordered appraisal for an owner looking to refinance. Afterwards, owner decided to sell and hired same Realtor. Once under contract, the Realtor didn’t tell the buyer’s lender about serving as both the li
Read MoreHOA, Flooding Disclosure Bills Signed Into Law

HB 1049 and HB 59, Florida Realtors' 2024 legislative priorities, address flooding disclosures and HOA regulations. HB 293 addresses HOA hurricane protections.
Read MoreFlorida Sales Tax Holiday Begins Saturday

The sales tax holiday, which runs through June 14, focuses on disaster preparedness supplies, such as portable generators, tarps and flashlights.
Read MoreFive Things to Consider When Buying a Home

When buying your dream home consider more than curb appeal. The home’s size, layout and overall condition should be taken into consideration.
Read MoreGet Agents on Board With Transaction Follow-Ups

Post-transaction follow-ups boosts sales and a brokerage’s bottom line, so make it easier for your agents to engage their clients over time.
Read MoreHot Home Trend: Western Gothic

The Wild West aesthetic adopts moody accents in this up-and-coming design palette. Some common elements include a dark base and desert plants.
Read MoreBusiness Trends That Agents Need in 2024

Embracing emerging trends allows agents to step ahead of the competition. Build a personal brand and increase referral-based transactions.
Read More2 Florida Cities Among Friendliest in the South

Southern Living magazine ranked St. Augustine and Fernandina Beach among the top 20 friendliest cities in the South.
Read MorePlanning and Paying For a Home Gym

The cost to build a home gym ranges from $300 to $15,000, but there are ways to manage the costs, such as buying secondhand and budgeting for the expense.
Read MoreLingering Inflation Pressures Pause Rate Cuts

Last week, Goldman Sachs economists became the latest analysts to give up on a July rate cut, pushing back their forecast for the first of two cuts to September.
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