U.S. News & World Report’s First Lender Ranking

Best lender for lower mortgage rates? PenFed Credit Union. Best mortgage lender – AmeriSave. Best mortgage refinancing lender – New American Funding.
Read MoreSenior Housing Lags Even as Baby Boomers Age

Analysts are trying to find out why the senior-housing occupancy rate is in decline. Many think work-at-home changes play a part – and perhaps fear of another pandemic.
Read MoreRE Q&A: ‘As-Is’ Contract OK for Flipped Home?

A prospective buyer of a renovated home worries that an “as-is” contract may release the seller from not-yet-discovered problems. Should they sign it?
Read MoreNAHB: Regulations Hurt Affordable Housing

Builders told Congress that regulations make it difficult to construct more affordable housing – and they created a list of six specific regulatory roadblocks.
Read MoreWhat Are Florida’s Wealthiest Counties?

Monroe County tops the list with a median home value just shy of $1M ($957,819) – but it’s not No. 1 for median income ($73,153).
Read MoreU.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.
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