U.S. About to Lose 200K Affordable Housing Units

Some affordable-housing developers have 30-year federal tax credits hit that mark in the next five years. After that, landlords can charge whatever rent they want.
Read MoreMarket Yourself Like a Luxury Agent

A survey of 1,000 luxury agents about their top marketing strategies finds them focused on personal websites, Instagram, Facebook, YouTube and SEO.
Read MoreHUD to Public: ‘What Can We Do Better?’

HUD put out an online suggestion box: Could forms be simplified? Should AI play a future role? Are protected groups served fairly? How much data should be shared?
Read More2 Days Too Good To Miss: Convention & Trade Expo

Join RE colleagues at Florida Realtors® Convention & Trade Expo, Aug. 16-17, 2023. It offers business-boosting success tips, latest tech info, trends and much more.
Read MoreMortgage Rates Again Push Close to 7%

The average rate on a 30-year, fixed-rate mortgage rose for the third week in a row, hitting 6.96% – up from last week’s 6.81% and 6.71% the week before.
Read MoreState-Run Citizens Heading Toward 1.7M Policies

Fla.’s “insurer of last resort” is the first resort for more and more homeowners. The company hopes to reverse that trend through a series of changes, including a rate hike.
Read MoreU.S. Rents Lower but Only by $24 a Month

The drop compares to rents’ record high in August 2022. But instead of lowering rents, many landlords have offered perks like one-month free or cheaper parking.
Read MoreBored With Your Facebook Feed? Jazz It Up

The easiest way? Add a video to your feed – but start with an easy one, like a short piece filmed with a friend using the camera on your phone.
Read More1 in 5 Americans Never Expect to Own a Home

Faced with rising interest rates and prices, 2 out of 5 think they can only afford a home if they win the lottery. Only half (53%) believe they’ll buy a home someday.
Read MoreHometown Heroes: $20M Applications in Week 1

The Hometown Heroes Program strongly backed by Florida Realtors received applications requesting $11M the first day the updated program went into effect.
Read MoreHome a Crime Scene After Realtor Finds Grenade

A Boynton Beach Realtor stumbled upon a hand grenade while cleaning a home, reported it to police, and the Palm Beach County bomb squad showed up.
Read MoreHow Stressed Are Buyers? A Lot, Finds Survey

Gen Z (81%) and millennials (71%) felt the most stress, in part because many are first-time buyers. The main stress-triggers: Low inventory and rising loan rates.
Read MoreForeclosure Activity Closer to Pre-Pandemic Levels

Attom’s midyear report finds foreclosures inching closer to their historically normal level. In Fla., one out of every 527 housing units is in some level of foreclosure.
Read MoreQ&A: Is Threads the New Twitter for Marketing?

Recent Twitter changes pushed some people away, and 30M have now signed up for Threads, a similar text-share program from Meta. Should Realtors sign up? Maybe.
Read MoreGood Inflation News: 3% in June and Close to Goal

The Fed’s ideal 2% rate of inflation appears closer. If June isn’t an anomaly, two more interest rate hikes are unlikely and the mortgage market can begin to stabilize.
Read MoreOff-Market Inventory: 4 Search Strategies

Too many buyers are pursuing too few for-sale homes. That gives a strong edge to any agent who can find listings that do not yet exist.
Read MoreMore Retirees Choose Rent – a Lifestyle Decision

Why do long-time homeowners rent when they can afford to buy? For more and more older adults, it’s simple: less responsibility with more money to spend.
Read MoreRealtors Cite Inventory as Buyers’ Top Challenge

NAR’s 2023 Member Profile finds a Realtor’s typical sales volume rose to $3.4M (2022) from $2.6M via 12 transactions – and 76% will stay at least two years.
Read MoreHome Buyers vs. Sellers: What They Want

It can help in negotiations if a buyer tries to see things through the eyes of the seller – and vice versa.
Read MoreFla. ‘Inflation Hotspot’ Due to New Demand

The rising cost of housing has made inflation higher in most of Fla. While that’s not good, the reason for it – higher demand from new relocating residents – is.
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