The Basic Questions About Reverse Mortgages

Older homeowners generally have a lot of equity in their home, and a reverse mortgage can help them enjoy that money now – but it’s not always a good idea.
Read MoreFla. ‘Hamptons of the South’ Hot for Rentals

Panhandle communities – maybe a dozen along Highway 30A – became hot commodities after another uptick in pandemic tourists visited for the first time.
Read MoreIs ‘Fractional Ownership’ an OK Homebuyer Option?

It’s a bit like “rent-to-own,” but buyers actually own a small piece from the very beginning. As time passes, their ownership percentage slowly goes up.
Read MorePrices continue to rise due to inventory levels

Home prices have been on the rise for quite a while now, and it doesn't seem to be letting up anytime soon. While there are a multitude of factors contributing to this trend, one of the primary reasons is the low inventory levels in the market. Home inventory and turnover are currently at their lowe
Read MoreBuilders Don’t Hate High Mortgage Rates

Homeowners with mortgage rates too low to give up aren’t listing their homes, pushing buyers to the new-home market – an economic boon for builders.
Read MoreOffice Vacancies Send RE Investors to the Exits

Bonds backed by commercial real estate mortgages have not done well lately. Many investors fear the current office vacancies and refinancing difficulties.
Read MoreSummer Moves Cost More – How to Save Money

Get multiple quotes, move some things yourself and study financing options. On the upside, this summer’s moves cost a bit less than they did last year.
Read MoreIn Many Cases, the Brand Chooses the Realtor

Just as “the wand chooses the wizard” in Harry Potter world, personal brands often focus on something a Realtor already does or a lifestyle they already enjoy.
Read MoreUpdate: Artificial Intelligence (AI) and the Law

AI will play a bigger and bigger legal role, such as streamlining research and preparing decision drafts – but it can’t yet substitute for judges and trials.
Read MoreA Fla. License Plate with the Realtor ‘R’?

Florida Realtors wants your opinion: Should the association advocate for a new state license plate tag specific to Realtors – one with the Realtor ‘R’ logo? Vote now.
Read MoreFla.’s June Housing: Prices Stabilize, Inventory Up

Florida Realtors: YOY single-family home median price flat at $420K, supply at 2.8 months. YOY condo median price also remains the same at $325K, supply at 3.6 months.
Read MoreMortgage Rates Drop After Positive Inflation News

The average rate for a 30-year, fixed-rate mortgage fell to 6.78% this week – down from last week’s 6.96% and the lowest rate in about a month.
Read MoreSafety a Concern? Buy in These Top Fla. Cities

The safest metro in Fla. isn’t too surprising. The Villages – Central Fla.’s mega 55-plus community of 60,000 residents – ranks as No. 1.
Read MorePredictive Analytics Finds Ready-to-Sell Owners

What do homeowners do if they’re preparing to sell? Predictive analytics looks at lots of those variables to predict which people are most likely to sell soon.
Read MoreNAR: June Sales Drop 3.3% but Prices Steady

NAR’s chief economist calls 2023 so far “a real downer,” with sales 23% lower. As pent-up demand grows, the “market can easily absorb a doubling of inventory.”
Read MoreFla. Back-to-School Tax Holiday Starts Monday

For two weeks – July 24 to Aug. 6 – Fla. nixes sales tax for many office supplies used by students, including pads and computers that sell for less than $1,500.
Read MoreJune Single-Family Starts Down but Permits Up

U.S. single-family home starts fell 7% in June after four consecutive increases, but permits – an indication of future home builds – were up 2.2%.
Read MoreFla.’s Projected 10-Year Growth? 2.5M People

The Fla. Legislature’s demographic office says that the state had 22.6M Floridians in April, and predicts it will have 25.1M by April 2032 – an almost 11% increase.
Read More3 Big Rental Websites to Start Including ‘Junk Fees’

A federal hidden-fees initiative led major rental websites to announce “total rental fees” notices early in the process: Zillow, Apartments.com and AffordableHousing.com.
Read MoreLots of Fla. Cities ‘Best for First-Time Homebuyers’

What makes a city “best” for first-timers? WalletHub looked at 22 key indicators, such as attractiveness, affordability and quality of life. Top of the list? Palm Bay.
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