Average Mortgage Rates Fall Slightly

Borrowing costs on 30-year and 15-year mortgages dipped slightly to 6.79% and 6.11% respectively, giving prospective homebuyers a bit more room in their budgets.
Read MoreGreening a Home for Maximum Savings

Freddie Mac research found that homes with high energy-efficiency ratings sold for 2.7% more on average than unrated homes. Making home updates don’t have to be time-consuming or costly.
Read MoreDeSantis Signs Bill Targeting Home ‘Squatters’

A law that goes into effect on July 1 allows property owners to remove an unauthorized person from their property. Florida Realtors considered passage of the law a 2024 legislative priority.
Read MoreSmall Businesses Face Tax Changes in Coming Year

One tax professional recommends filing for an extension due to pending tax legislation in Congress. Most experts recommend small business owners work with a professional tax advisor.
Read MoreIs a Fixer-Upper Right for You?

Homes that are fixer-uppers might be a great deal but require a lot of time, patience and skill. Before making a decision, consider all of the factors that go into home renovations.
Read MoreSome Florida Cities Face Greater Climate Risks

Some coastal Florida cities face climate risks including wind, rain and heat. Understanding such risks helps buyers and sellers make informed decisions about investments and sales.
Read MoreBuyers Look to Family for Down Payment

A new study found young homebuyers are twice as likely to use family money for down payment than they were five years ago. A majority still work for the money.
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Retirees should consider factors that include living closer to family and safety issues when determining if now is the right time to downsize.
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Frank E. Kowalski, the 2005 Florida Realtors president and founder and CEO of Metro Dade Realty in Miami, had a 52-year career defined by a spirit of service.
Read More Styling, Staging and Managing Your Online Brand

Your website is often the first time consumers will meet you. You should demonstrate personality and expertise using a .realtor domain and website.
Read MoreFlorida Realtors, FIRA Sign Agreement for Future

Real estate leaders in Florida and Argentina “affirm the value of international collaboration” and will seek mutually beneficial opportunities for their members.
Read MoreCommercial Expert: Establish AI Policies Early

A commercial real estate AI expert said companies should create AI policies based on privacy and security issues and then build on them as needed.
Read More$4B Everglades Restoration Underway

The restoration effort in the Everglades is the largest hydrological restoration project ever undertaken in the U.S and aims to improve the water supply and increase flood protection.
Read MoreFHFA: January Housing Prices Decline Nationwide

The area that includes Florida saw a .6% decline in seasonally adjusted monthly home prices from December 2023 to January 2024. Home prices in the same area increased 6.1% year over year.
Read MoreStudy: Mid-April Is Prime Time for Sales

Realtor.com found the week of April 14 will be the best time to sell due to the mix of marketing conditions. Sellers on a national level could get $34,000 more than at the start of the year.
Read MoreU.S. Consumer Confidence Remains Steady

Consumer confidence, a measure of Americans’ current and future economic outlook, rose among consumers aged 55 and over but deteriorated for those under 55, mainly over food and gas prices.
Read MoreLegal Webinar: Understanding the NAR Settlement

Florida Realtors’ legal team will discuss the proposed NAR settlement of the antitrust litigation during a live online video meeting on Thursday. Realtors are encouraged to submit questions in advance.
Read MoreFebruary New Home Sales Dip Slightly

New home sales in the United States dropped slightly in February but are up 5.9% from a year ago. The slight uptick in mortgage rates held back new home sales but builder confidence remains high.
Read MoreTips for Finding the Right House

The best way to start a home search is by keeping a top 10 list of essentials and deal breakers. Also, consider your lifestyle, pets, location needs and necessary features, among other things.
Read MoreBuy or Rent? Deciding What’s Best for You

When deciding between renting and buying, consider all the factors including the advantages of building equity versus the flexibility of renting. First-time buyers often have limited experience.
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