Boosting Kids’ Credit Scores? One ‘Tip’ Won’t Help

Some parents name their child an “authorized user” on their credit card, but it would only build credit scores if the child co-signed or had a secured card in their name.
Read MoreFHA 203(k) Loans: What They Are, How They Work

Most buyers want move-in ready, but they’ll have a wider selection with fixer-uppers, and an FHA 203(k) loan can roll upgrade/repair costs into their first mortgage.
Read MoreHUD Gives $40M Neighborhood Award to Miami-Dade

HUD Secretary says Miami-Dade County shows a “commitment to neighborhood revitalization.” The grant is HUD’s maximum amount for smaller developments.
Read MoreA Top RE Tool Isn’t New Tech: Text Messages

There are two strong selling points for text marketing and communication: Texts are delivered immediately, and they have an open rate as high as 98%.
Read MoreCurious About AI? You Probably Already Use it

Listing copy, ads and website articles may soon be written by artificial intelligence (AI), but it’s already baked into current tools, like CRMs and photo recognition.
Read MoreHUD Partners with NAREB Over Appraisal Bias

Scheduled to launch in Oct., the partnership will focus on appraisal discrimination through counselor training, roundtable discussions and appraisal-related training.
Read MoreFlorida Realtors: A ‘Best Co. to Work for in Fla.’

For the second year in a row, Florida Realtors has been named in Florida Trend magazine’s 100 “Best Companies To Work For In Florida” list featured in the Aug. issue.
Read MoreState Farm’s Hurricane Ian, Nicole Tab Nearly $600M

The insurer received 59K claims and is “encouraged by the recent insurance reforms.” Last month State Farm said it remained committed to the Fla. market.
Read MoreMortgage Rates Tick Higher: 30-year at 6.90%

Average rates for a 30-year, fixed-rate loan pushed closer to 7% again this week, up from last week’s 6.81%. A year ago, rates averaged 4.99%.
Read MoreGood Feedback Helps – Criticism Not So Much

How do you tell someone they need to improve? Effective feedback is as much art as science, but it’s an important skill to cultivate within a brokerage.
Read MoreDo-It-Yourself Projects that Add Value

A do-it-yourself home-improvement project reaps rewards at the time of sale, providing it’s done right. Many DIY projects require pros, but some can be handled in-house.
Read More17 Senators Ask FHFA for Rent Increase Restrictions

NAR calls rent caps “putting a Band-Aid on a bleeding artery.” The increase cap could impact about 1 in 4 U.S. units that have Fannie Mae/Freddie Mac-backed mortgages.
Read More184K Citizens Policies Going to Private Insurers

While Fla.-owned Citizens Property Ins. continues to grow, regulators this week approved moving 184K policies to private insurers, with Slide taking up to 100K.
Read MoreFlorida Realtors Launches NAR Officer Campaign

Christine Hanson, 2018 Florida Realtors president, is running unopposed for NAR 2025 First Vice President. Share the news on social media – here’s how.
Read MoreNAR’s 2023 International Sales Report: 23% in Fla.

International buyers face the same challenges as domestic buyers: Transactions were down 9.6% year-to-year, and the number of homes sold (84.6K) declined 14.2%.
Read MoreMore than a Quarter of U.S. Homeowners ‘House Poor’

House-poor families spend more than 30% of their monthly income on housing. Hialeah, Fla., is No. 1 in the nation, with 59.3% of households considered house poor.
Read MoreInternational Scam Sends Fla. ‘Investor’ to Prison

Robert Matthews will serve 65 months for scamming more than 60 foreign investors between 2012 and 2018, convincing each to invest at least $500K in his projects.
Read MoreUF: Floridians Grew a Bit Less Optimistic in July

Contrary to national numbers in July, Fla. sentiment fell 2.1 points as residents worried about the U.S. economy and planned to cut back on spending.
Read MoreGAO Looks at Flood Ins. 2.0, Suggests Improvements

The federal oversight group said Risk Rating 2.0 is an improvement, but it suggested a number of changes, including greater transparency on how rates are calculated.
Read MoreAds with Keyword Clicks: What’s a Fair Price?

Advertisers usually pay each time someone clicks on their ad, and some keywords – such as “real estate” or “homes for sale” – cost more and face greater competition.
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