Three Things Homebuyers Can Ask for Now

It’s still a seller’s market, but its strength has declined. Buyers now have a little leeway with sellers and notably more bargaining leverage with lenders.
Read MoreFewer Retirees Downsizing Due to Finances

Older adults once downsized to reduce monthly costs, but facing few small properties for sale and higher interest rates, many now feel locked into their current home.
Read MoreTenant Screening: CFPB, FTC Fine TransUnion $23M

The fine from two Fed agencies, which included security freeze failures, says TransUnion didn’t take steps to make sure background screening checks were accurate.
Read MoreUpside to Current Market? Increase in First-Time Buyers

A pullback in move-up buyers and investors has helped first-timers become 50% of the homebuyer market, a jump from 37% in 2021.
Read MoreFla. Legislature: Don’t Expect Big Insurance Changes in 2024

Lawmakers are looking back on insurance changes enacted during recent sessions of the Florida Legislature and taking a “give it time to work” stance.
Read MoreKey Fla. Senator on Insurance: ‘We Got a Lot Done’

Lawmakers think recently enacted insurance changes will help but need more time to work.
Read More2nd Chinese Commercial Firm in Financial Trouble

Developer Country Garden can’t meet debt payment deadlines. Unlike the U.S., the Chinese economy overbuilt and has too much housing supply for buyer demand.
Read MoreWall Street Thinks American Homes Are Overvalued

With profit as a goal, investors show what they’re thinking by where they put their money – and for now, they’re not putting much money into single-family home projects.
Read MoreFla. Developer Helping Rebuild Ukraine with Shipping Containers

Ukraine has lost thousands of homes, and Aventura-based Global Modulars agreed to build a factory there that creates new homes out of shipping containers.
Read MoreU.S. Isn’t Ready for Boomers to Age in Place

Census Bureau survey: There’s a disconnect between perception and reality. While many older adults think they can “age in place,” their homes aren’t outfitted to do so.
Read MoreCan HOA Ban Guns Inside People’s Homes?

RE Q&A: Some residents under an HOA favor a community-wide gun ban, and others strongly oppose it. Does an HOA even have the power to do this?
Read MoreBest Fla. City to Avoid Flooding? Ocala

Climate Alpha uses AI to identify those Fla. cities with the least risk from flooding. For overall storm risk, Ocala is No.3 behind Lake City and Tallahassee.
Read MoreProperty Insurance Fix Likely Won’t Lower Rates

Some Floridians think “property insurance reform” means “my rates will go down,” but success is a stable market for insurers and reasonable yearly price hikes.
Read MoreRealtors: Teach High Schoolers Financial Literacy

How do you set financial goals? How do you save for a car or college or rent? Post-pandemic high school students fell behind, and NAR’s “Ignite Others – Realtors Light the Way” program is seeking members willing to share their expertise. Fla. has 1,526 qualified schools but only 23.2% of needed appl
Read MoreRE Q&A: Legit to Require Rent Be Paid in Cash?

A renter found a great house but the landlord’s lease form requires all rent to be paid in cash. Does that mean they won’t have proof of payment? Is a cash demand legal?
Read More2 Fed Officials: No Interest-Rate Hike Needed

A surge in long-term interest rates – a factor pushing mortgage rates higher – will fight inflation and negate the need for more rate hikes, say two Fed officials.
Read MoreLike Video Games? RE Ones Offer Real-Life Lessons

While Monopoly might not give you a solid foundation for buying hotels, online RE gaming is based on many of the principles found in actual commercial transactions.
Read More5 Ways to Keep Business Safe From Hackers

Some hackers gain access to computer systems because an operator made a security mistake – but only regular focused efforts can stop the more sophisticated hackers.
Read MoreWhen Artificial Intelligence Meets ‘Real’ Estate

AI won’t simply make a task or job easier. Its impact – already being felt – will improve for current tasks but also take over other areas of the transaction process.
Read MoreA Risk Sometimes Makes Good Financial Sense

Risk isn’t something agents should avoid, because continued advancement requires a series of calculated risks. The trick is finding the right risk/reward balance.
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