Sales of newly build homes rose 5.6% from a year earlier. Gradual improvements in the home building sector are forecast as mortgage interest rates go down.

Mike McGraw, 2023 president, is the 2024 Realtor of the Year. All award winners were recognized Thursday at the annual convention’s in-person Awards Luncheon.

Average rate on a 30-year mortgage eased to 6.46% from 6.49% last week. Borrowing costs on 15-year fixed-rate mortgages fell to 5.62% from 5.66%. 

Real estate pros who understand how to use and maximize the benefits of smart home tech and the data may have competitive business advantages.

NAR’s chief economist said consumers are seeing more choices, and affordability is improving due to lower interest rates.

New listings and inventory levels in July rose YoY for both single-family homes and condo-townhouses while single-family sales were up 5.2%. Condo sales fell 1.2%.

Groups are stepping forward to stop restrictions on short-term rentals. In June, Gov. DeSantis vetoed a vacation rental bill, action Florida Realtors supported.

Creating a memorable brand includes knowing your audience and communicating your business needs and expectations.

As we enter peak hurricane season – August through October – homeowners are encouraged to check their properties for vulnerabilities. 

A NerdWallet survey found Gen Zers and millennials were more likely than older people to make a financial move post-rate cut because borrowing costs will decline.

New technology can help agents by reducing administrative tasks, improving customer communication and optimizing listings, to name a few.

NAHB’s economist said single-family built-for-rent starts are almost 10% higher in 2024 Q2 than 2023 Q2.

A new study ranked Florida as the #1 state for great daytime and nighttime activities, including restaurants, theme parks and festivals.

Real estate Q&A: When a tenant installs an unauthorized water filter that caused extensive damage, who is responsible? You are likely accountable for damages.

The minimalism design trend can be coupled with other design styles and can be easily achieved on a budget. It helps a home look nice with minimal intervention.

An interest rate cut could be on the table when the Fed meets Sept. 17-18. A rate cut could mean a drop in mortgage rates.

Florida ranks among the top three states with the highest wage growth since 2019. Competition for workers has driven up wages, and unemployment remains low.

If you’ve noticed your agents spinning their wheels without making any progress, it might be time to intervene.

Florida ranked fourth in the nation for the biggest desire to make home improvements, including bathroom, kitchen and home remodels. 

Seniors looking to downsize may have an emotional connection to a home, so agents should work with patience, empathy and understanding.