Gen Z Worries They Will Never Own a Home

Most Gen Zers have concerns about buying a home, with 54% worrying they won't be able to afford it and 48% fearing hidden costs.
Read MoreFHFA Announces Tenant Protection Policies

New Fannie Mae and Freddie Mac multifamily mortgage loans must include tenant protections that include 30-day notices for rent increases and lease expirations.
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Amendment 5, which impacts property taxes, will be on the November ballot. A Florida Realtors’ infographic provides more information about it.
Read More Protecting Personal Info in a Data Breach

If personal info is exposed in a data breach, it can impact credit reports and may take years to resolve. Potential buyers should protect themselves.
Read MoreBuyer Opportunities: Rates Fall, Supply Rises

Homebuyers on a $3,000 monthly budget have gained over $20,000 in purchasing power since mortgage rates peaked in the spring, Redfin found.
Read MoreSlow Market Not Scaring Agents

While some practitioners see business challenges as a result of fewer home sales, others see opportunity. View highlights from NAR’s newly released 2024 Member Profile.
Read MoreHandling Agents’ Concerns About Industry Changes

As the industry closes in on changes resulting from the Sitzer-Burnett case, agents are looking for guidance. Brokers should be prepared to help.
Read MoreConsumer Sentiment ‘Stubbornly Subdued’

Joanne Hsu, the University of Michigan’s surveys of consumers director, said nearly half of consumers expect inflation to continue moderating in the years ahead.
Read MoreFlorida Downtowns Named Top Places to Visit

World Atlas, one of the largest geography resources, named eight Florida downtowns as the best in the state.
Read More$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.
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