In No. 2 Jacksonville, they dropped 48.2% in 3Q and over 40% in 3 Fla. metros, but W. Palm Beach saw only a 7.6% drop, Miami was down 14% and Fort Lauderdale, down 19.1%.

It’s a notable drop from last week’s 7.76% for a 30-year, fixed-rate mortgage, due in part to a drop in bonds after the Fed’s decision to keep interest rates the same.

In Fla., cash sales dropped year-to-year in only one metro: Fort Lauderdale. The percentage of cash sales ranged from 38.2% in Tampa to 49% in West Palm Beach.

Tracy Kasper calls the ruling “disappointing, (but) just one chapter in a longer legal process.” She answers some key questions, including: How does this affect my business?

The RE market is changing rapidly, but seasoned agents have seen that before. Start 2024 by taking stock of the things that worked – and didn’t work – in 2023.

A unanimous House and Senate approved more funding. Floridians who already submitted applications may get recommended storm upgrades with a match up to $10K.

Under SB 264, property owned by foreign principals used for “bona fide agricultural purposes” must be registered, and it can now be done online.

Some homebuyers priced out of the market opt for a mortgage buydown, usually funded by sellers, in order to lower their monthly payments for the first few years.

Electronic fund transfer problem wasn’t a scam: TCH, which is owned by 22 major banks, says some e-deposits failed last week due to a technical error.

Brokers who can keep RE agents for years have many traits in common, with trust topping the list and “ongoing steadfast support” close behind.

Commercial projects feared trouble early this year when regional banks stumbled and lending slowed – but so far, other providers have picked up the slack.

WeWork once threatened to change the traditional office model, but its rapid expansion suddenly faced lower office-space demands and higher interest rates.

New technology makes tasks easier – and more complicated. Realtors must constantly upgrade their skillset because the market undergoes sometimes rapid changes.

The Florida Department of Agriculture proposed wording is an ownership-reporting rule if residents of select foreign countries already own or inherit land in Fla.

The Fla. workforce housing program offers buyers down payments up to $35K for full-time Fla. workers who earn less than 150% of their area’s median income.

The Fla. workforce housing program offers buyers down payments up to $35K for full-time Fla. workers who earn less than 150% of their area’s median income.

The next potential shutdown occurs Nov. 17 if Congress doesn’t agree on a budget. While not dire yet, soon-to-be buyers may want to secure flood insurance before then.

A Miami-based developer recently switched his focus from NYC to Miami after realizing that during his 10 years in Fla., prices rose 180%, and in NYC, they rose 28%.

Event marketing ties calendar events to marketing efforts. At tax time, offer free tax help. At Halloween, offer pumpkin carving lessons.

Buyer demand dropped after employers started recalling workers to the office, and words like “cloffice” and “Zoom room” are appearing in fewer listings.