Hurricane Idalia Targeting Fla.

How strong will Idalia be? Where will it come ashore? What happens to ongoing transactions? Individuals, businesses and associations need to prepare now.
Read MoreHow Scary Is China’s Economic Crisis?

China seems to be on the verge of an economic crisis similar to the U.S.’s 2008 recession – but it’s less likely it will have a spillover effect impacting other nations.
Read MoreLatest Fake Online Listing? Mar-a-Lago Sale

Zillow removed information as soon as it was discovered, but the former president’s home was listed at $422M ($24M value) for its 6K square feet (actually 62.5K).
Read MoreFor Buyers It’s Not the Rate, It’s the Increases

Buyers get used to mortgage rates and incorporate them into decisions, but increases/decreases make them wonder if they should move quickly or hope they come back down.
Read MoreNew EU Laws Give Digital Users More Power

EU consumer protection laws – which could one day come to the U.S. – give consumers more power to control content as it creates new challenges for marketers.
Read MoreWebsite ‘Location Pages’ Boost Search Engine Rank

An RE website with tons of local information rises to the top in search engine rankings (SEO). To do that, link to individual web pages via a local-directory page.
Read MoreNAR Releases Inaugural Report on Realtor Associations

Most local Realtor associations (74%) have less than 2,000 members, and 2 out of 5 (38%) allow non-Realtor MLS participation. Their top non-dues revenue? Late fees.
Read MoreFed Chair: U.S. Might Need More Interest Rate Hikes

The good news is also the problem: Consumers keep spending. The economy keeps growing but so does inflation, and the Fed’s expected Sept. rate hike may not be its last.
Read MoreFla.’s Second Disaster-Prep, Tax-Free Holiday Starts

Common disaster-related purchases are tax-free through Sept. 8 as Fla. heads into its most active month for hurricanes and four storms drift in the Atlantic.
Read MoreTwo More Private Insurers OK’d to Insure Fla. Homes

Two companies under the Orion180 name were approved this week in another hopeful sign that legislative changes may be having a positive Fla. market impact.
Read MoreFed to Banks: We’re Checking for AI Bias

If historical lending records have systemic bias, how can artificial intelligence (AI) digest that data yet also avoid past mistakes and “algorithmic discrimination”?
Read MoreRenters Need Flood Insurance Too

While homeowners know flood insurance is a separate type of coverage, many tenants incorrectly think flooding is covered by their renters’ insurance or their landlord.
Read MoreMortgage Rates Rise to 7.23% – Highest Since June 2001

Increases may continue. “Ongoing economic strength will likely continue to keep upward pressure on rates in the short-term,” says Freddie Mac’s chief economist.
Read MoreSystem to Fight Theft of Dead People’s Homes

In a macabre scam, thieves steal homes of the recently deceased, so Broward County’s top appraiser will start to coordinate with the Medical Examiner’s office.
Read MoreBuyers on $3K Budget Lost $71K in Purchasing Power

If a buyer on a $3K monthly budget can get a 7.4% mortgage, the range of homes they can afford is less expensive than the ones they looked at last year.
Read MoreJuly New-Home Sales Reach 17-Month High

In a seasonally adjusted month-to-month comparison, July sales were 4.4% higher than June sales. Year-to-year sales were up 31.5%.
Read MoreForbearance? Down in July and Drop Continues

The Mortgage Bankers Association says the number of homeowners getting forbearance mortgage help dropped 5 basis points in July and is now only 0.39%.
Read MoreNew Insurance Safeguards Against Data Breaches

About 60% of small businesses fail within six months of a data breach, says the National Cybersecurity Alliance, a national nonprofit focused on digital awareness.
Read MoreHigh Rates May Stick if Economy Stays Strong

A year ago, economists said the U.S. would be in a recession by now. But while RE and some other industries have felt a sting, other industries aren’t suffering much.
Read MoreHave Prices Bottomed? 5 Monthly Declines End in July

Home sales dropped 22.3% year-to-year but prices don’t seem to care. Year-to-year prices fell a bit in Feb. and 3% in May, but they started to rise again in July (up 1.9%).
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