2024 Buyers Need to Earn 80% More Than in 2020

Over the past four years, escalating home values and mortgage rates have nearly doubled the monthly mortgage payment on a typical U.S. home.
Read MoreSellers Cutting Prices in These Florida Cities

Realtor.com said sellers in Tampa and Jacksonville have been reducing prices. Overall, the South saw a higher percentage in price reductions year to year.
Read MoreFannie Mae Cuts 2024 Home Sales Forecast

Economists say the Fed will cut rates only once this year, in December, as opposed to the previously projected two rate cuts.
Read MoreHarvard: Home Prices, Rates Shut Out Millions

A Harvard Joint Center for Housing Studies report found median home sales prices last year were about five times the median household income.
Read More3 Mistakes to Avoid When Using ChatGPT

Common ChatGPT errors may range from providing outdated information to misinterpreting or making things up.
Read MoreHomes Under $200K Still Available in Florida

Two suburbs of Fort Lauderdale – Lauderhill and Lauderdale Lakes – have the highest concentration of affordable homes for sale in the state.
Read MoreMore Banks Risk Failure as CRE Loans Reprice

Florida Atlantic University analysts said Flagstar Bank and Zion Bancorporation are facing risks due to commercial real estate loans.
Read MoreUsing a Driveway’s Power to Enhance Curb Appeal

Rather than pavers and plantings, you can accentuate the driveway with stain colors that complement the house. First impressions make a difference.
Read MoreFlorida Realtors Awards $242,500 in Scholarships

Florida Realtors Education Foundation will help 179 students with college costs this year. Since it started in 2010, it has given more than $2.74M in scholarships.
Read MoreYellen Unveils Housing Supply Plan

The treasury secretary said a $100 million affordable housing fund would improve the housing shortage and affordability crisis.
Read MoreFlorida Cities See Increasing Housing Supply

Orlando and Jacksonville are among the Florida cities breaking the national trend of a housing supply deficiency.
Read MoreDo ADUs Solve Affordable Housing for Gen Z?

Accessory dwelling units (ADUs) are a popular living option and, possibly, one way to combat the affordable housing crisis, particularly in expensive areas.
Read MoreIs an All-Inclusive Resort Cheaper Than Rent?

A content creator wagered he could spend a month at an all-inclusive resort for about the same cost as his monthly expenses. He was wrong. Sort of.
Read MoreFocusing Your Business for Summer Success

Experts say scheduling face-to-face meetings with leads is a top priority for agents and brokers this summer.
Read MoreNew Buyer Representation Forms Released

Florida Realtors has released new buyer representation forms in advance of the practice changes related to the NAR settlement.
Read MoreExisting-Home Sales Edged Lower by 0.7% in May

The median existing-home sales price jumped 5.8% from May 2023 to $419,300 – the highest price ever recorded and the 11th consecutive month of YoY price gains.
Read MoreFlorida’s May Home Median Prices, New Listings Up

New listings, median sales prices rose YoY for existing single-family homes, up 15.2% and 1.6% ($426.5K), and for condo-townhouse units, up13.8% and 1.5% ($330K).
Read MorePossible TikTok Ban Looms Large for Users

Real estate pros use TikTok because it hits every age demographic, among other reasons. TikTok has until Jan. 19 to sell to American interests or be banned.
Read MoreMore Work Remains for ‘3by30’ Housing Goal

The housing initiative celebrates its third anniversary and recommits to raising Black homeownership levels to rates never seen before — all by 2030.
Read MoreIdentify AI's Pain Points, Keep Your Authenticity

AI should be monitored to ensure it is not inserting inaccuracies in copy or badly cropping photos because slip-ups can harm an agent's reputation.
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