Fannie Mae: 2024 Homes Sales to Slowly Recover

Fannie Mae economists suggest “a modest downturn in 2024, followed by a return to growth in 2025.”
Read MoreTo Rent Or To Buy, That Is The Question

The decision to rent or buy is a personal one. Anyone trying to decide should consider many factors.
Read MoreInsurers Say Reforms Sparked Improvement in Market Climate

But, experts say, while the state’s property and casualty insurance market is seeing signs of improvement, it still has a way to go.
Read MoreAsking Rents Post Biggest Decline in Over 3 Years

Redfin also says rents are still rising in the Midwest, partly because out-of-towners are moving in to get more bang for their buck.
Read MoreFlorida’s 10 Best Suburban Retreats with the Most Urban Perks

Read about Florida’s best suburbs for city-like living and what makes them stand out among all others.
Read MoreNAHB: Builder Sentiment Rises With Falling Interest Rates

“Builders are reporting an uptick in traffic as some prospective buyers who previously felt priced out of the market are taking a second look.”
Read MoreDeadlines Loom for Some Fla. Foreign Landowners

The law that applies to some foreign principals who own/acquire certain Fla. properties has registration deadlines. Buyers should speak to counsel about legal obligations.
Read More3 Simple, Must-Know Truths About Becoming a Lead Generation Master

“The good news is the more that you do lead gen, the better that you get at it.”
Read MoreNAR Forecasts 2024 Mortgage Interest Rates to Average 6.3%

NAR also said 2024 will see stronger sales activity, calling it great news for buyers and sellers.
Read MoreHUD Says It Helped 94K Families Avoid Homelessness in 2023

The latest figures from HUD also show more than 93,000 people benefited from public housing and vouchers this year.
Read MoreNAR Tax Strategist Offers Advice for Business Tax Deductions

You may be able to claim ordinary activities or purchases as a cost of doing business.
Read MoreFannie Mae Maintains Secret List of Restricted Condos

Some say Fannie Mae’s confidential list of blacklisted condos grew after the Surfside collapse in 2021. Fannie plans to release around 3Q 2024.
Read MoreFlorida Keys Officials Seek Delay in State’s Building Plans

Nearly 8,000 vacant parcels could be developed if the state Legislature loosens restrictions.
Read MoreTenant-on-Tenant Discrimination also Impacts Landlords

A rental housing provider is paying $300K to settle HUD fair housing allegations – not because they directly discriminated, but because tenants harassed other tenants, the landlord failed to stop them, and an order to vacate included the complaining parties.
Read MoreRE Q&A: Can Condo Owners Sell a Parking Spot?

One condo owner offered to buy an additional parking spot from their neighbor who had two spots. Is that legal? And if so, is it smart?
Read MoreCode of Ethics and Arbitration Manual: 2024 Changes

The Code of Ethics is a dynamic document, evolving and adapting along with the real estate industry for over 100 years now. Updates usually go into effect at the beginning of each year. Here’s what’s new in 2024.
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When a seller discloses property information, they could face liability if they share only part of a story and leave out negative details.
Read More Blanks, Asterisks and Filling Out Contracts Correctly

Making an offer? Received one? Don’t skim over the important parts about key dates and timeframes. Hint: If there is an asterisk near a contract page number, a blank on that page should be reviewed.
Read MoreBuy a House or Have a Wedding? It Can Be Both

Experts say couples can have a wedding and a house if they budget and set priorities.
Read MoreHigher Interest Rates Make Homeownership Tougher

Rising home prices and rents are also challenging would-be buyers to save for down payments.
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