29.7% of Florida Homes Paid off, Above U.S. Average

In Florida, housing costs as a percentage of income with and without a mortgage stands at 21% and 10%, respectively.
Read MoreCautions When Using Website Tracking Tech

Real estate companies using metrics-tracking tech should be cautious of the legal and regulatory implications.
Read MoreAlmost 75% of Baby Boomers Skip Homebuying Resources

Baby boomers overlook homeownership resources more than any other generation. As the “silver tsunami” approaches, the oversight is concerning, expert say.
Read MoreFed Holds Key Rate Steady, March Cut Unlikely

The Fed said it needs “greater confidence that inflation is moving sustainably” before it cuts the benchmark interest rate. The rate plays a role in determining mortgage loan rates.
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A recent study showed the number of homeless families with school-age children jumped 16% from 2022 to 2023 and the number of unaccompanied homeless children and youth rose 15%.
Read More Florida Consumer Sentiment at 2-Year High

Floridians anticipate a positive economic outcome in the coming year, bolstered by a strong market and low unemployment, a University of Florida survey found.
Read MoreFlorida Ranked Best State for Retirement

Gov. Ron DeSantis praised the state’s strong economy and low taxes for creating a retirement-friendly atmosphere.
Read MoreNAR Releases New ‘That’s Who We R’ Ads

The sixth version of NAR’s national ad campaign “That’s Who We R” and season 4 of the NAR-produced docuseries “First-Time Buyer” focus on the Realtor’s value and expertise.
Read MoreExplaining the Rise in Single Women Buyers

One possible reason single women lead in home buying is due to who is living in the home. Single women are more likely to have kids under 18 living at home and purchase a multigenerational home.
Read MoreProperty Investors Pulled Back in 2023

Analysts expect investor purchases in 2024 to follow the muted trend in 2023, and some big investors to make deeper commitments to rentals.
Read MoreHUD Announces $134M for Florida Homeless

The U.S. Department of Housing and Urban Development’s funding will go towards projects across the state for continuum of care.
Read MoreAmerican Consumers Feeling More Confident

Consumer confidence came in better than expected in January and anxiety over a possible recession continues to fade.
Read MorePrioritize, Focus to Avoid False Urgencies

Avoid a false sense of urgency by taking a closer look at the important things. By leaning into those important aspects, you’ll save time and avoid burnout.
Read MoreFHFA: November Home Prices Up 0.3%

The Federal Housing Finance Agency also said the year-over-year growth was slightly above the historical average.
Read MoreRedfin: Buyers Gained Purchasing Power with Lower Rates

Redfin said buyers can afford a more expensive home since mortgage rates have dropped, down from nearly 8% in October.
Read MoreTips for Navigating Tax Season

Tax season can be daunting, even for experienced filers. Experts answer the most common questions.
Read MoreDivision of Real Estate Reporting Duties Go Beyond Felonies

Chapter 475 oversees real estate licensees, but Florida licensees also have other obligations under Chapter 455. It’s a growing problem for licensees called before the FREC because “I didn’t know I had to report that” doesn’t carry much weight.
Read MoreDear Shannon: Professional Boundaries – Real Estate vs Legal Services?

A Realtor® thought he was helping when he drafted a power of attorney for a friend goes above and beyond to help a friend, when the friend asks Realtor to draft a power of attorney. But, after a complaint is was filed, and the Realtor is found in violation of the Code of Ethics. How can that be if
Read MoreDo You Own Real Estate & Have Tenants?

Agents who use an attorney during real estate transactions can protect themselves and their assets.
Read MoreQ&A: Can My Daughter Refuses to Sign-Off on my Home Sale?

What are the options when a family member who is on a jointly held property deed refuses to sell?
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