$40 Million Available for Eviction Prevention

HUD said its new round of grant funding will continue to help prevent homelessness. The program has helped over 35,000 households avoid eviction, HUD said.
Read MoreAverage Mortgage Rate Falls Slightly

The average rate on a 30-year mortgage fell to 6.89% from 6.95% last week. Borrowing costs on 15-year fixed-rate mortgages fell to 6.17%.
Read MoreSustainable Spaces: Patios and Decks

Experts say a home’s eco-friendly features—and their selling points—can extend to outdoor spaces. Consider a rainwater harvesting system, among other things.
Read MoreCitizens’ Reinsurance Tab: $482M

Citizens spent $482 million to purchase $3.564 billion in reinsurance coverage for the hurricane season, a cost-efficient measure to mitigate potential claims.
Read MoreTop Florida Cities for Affordable Waterfront Homes

Americans pay a 74.9% premium ($624,051 more) for waterfront properties on average. Naples and St. Augustine are top for affordability, a new study found.
Read MoreCFPB Proposes Foreclosure Rules for Owners

Proposed rules would require servicers to help homeowners before foreclosing, reduce paperwork requirements and improve homeowner communications.
Read MoreU.S. Inflation Cools, Rate Cuts Soon?

If inflation remains low through the summer, most economists expect the Fed to begin cutting rates in September. Interest rates are connected to mortgage rates.
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Mauricio Umansky, founder and CEO of the real estate agency The Agency in Los Angeles, said customer engagement is not a one-and-done proposition.
Read More Best Practices to Help You Manage Listings

Communication and transparency will make the difference in a changing market, Realtor Amy McCann said. Sellers need to understand the changes and practice patience.
Read MoreNAR: Realtors Thrive Despite 2023 Challenges

The National Association of Realtors' 2024 Member Profile found a lack of inventory and housing affordability hampered 2023 sales.
Read MoreFlorida Tax Collections Exceed Estimate

Net general revenue during May totaled about $4.48 billion, $182.4 million more than expected when a forecast was issued in January.
Read MoreRents Dropping Across Florida’s Biggest Metros

Rent prices in Jacksonville, Tampa, Orlando and Miami fell last month as property owner competed for tenants.
Read MoreUpdated Federal Program Boosts Fixer-Upper Buying

HUD updated its 203(k) program to make it easier for homeowners to buyer fixer-uppers or refinance and repair their homes.
Read MoreEmbracing the Mobile Experience

The mobile experience can be everything, particularly when real estate agents are providing value-added services, according to Inman.
Read MoreHurricane Season Forecast Ratchets Up

Hurricane experts added two named storms and a major hurricane to the already-busy hurricane outlook, citing warm sea surface temperatures.
Read MoreEconomists: Housing Market Turnaround Soon

Economists at the National Association of Real Estate Editors conference said 2024 home sales are too low, and prices and interest rates are too high.
Read MoreU.S. to Review Land Sales Near Military Sites

New U.S. Treasury rulemaking would expand United States’ jurisdiction to review land sales near 56 additional military sites, including Jacksonville and Okahumpka.
Read MoreFinding the Best Time to Buy a House

Since there’s no single perfect time to buy a house, buyers should carefully plan while understanding their financial limitations and the market trends.
Read MoreOpinion: Comfortable Homes Don’t Have These Things

Comfortable homes don’t have overly cluttered spaces or a lot of breakables and take occupants and guests into consideration.
Read More5 PR Hacks to Boost Your Brand and Business

By utilizing public relations skills, Realtors can build their reputations as trusted industry experts to foster a thriving customer base.
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