South Florida Real Estate

Webinars: Buyer Broker Agreements Explained

Join the Florida Realtors® legal team for an online discussion about the amended Buyer Broker Agreements. The free webinars will be held Monday and Tuesday. ORLANDO, Fla. — Because all Realtors® must change the way they do business when dealing with buyers, it is more important than ever to have the tools and knowledge you need … Read more

Market Opportunities as Home Sales Eye Turnaround

CHICAGO – Although limited housing inventory, rising home prices and high mortgage rates have pushed existing-home sales to a 30-year low, a market turnaround is coming in 2025, Lawrence Yun, chief economist for the National Association of Realtors®, predicted during NAR’s latest Real Estate Forecast Summit. He said mortgage rates will likely fall in the … Read more

NAR Settlement: New Showing Forms Available

Florida Realtors released three forms – one revised and two new – in response to the NAR settlement agreement effective Aug. 17. ORLANDO, Fla. – Florida Realtors® released new showing agreement forms on Tuesday. All forms are available in the Form Simplicity library. Links to /law-ethics/nar-settlement-sitzer-burnett-lawsuit Latest: Florida Realtors has released new compensation and showing … Read more

U.S. Commercial Foreclosures Decreased in June

Commercial foreclosures decreased 14% from last month but increased 48% from last year. States with the most commercial foreclosures in June included Florida and California. IRVINE, Calif. – Commercial foreclosures across the United States have continually increased over the years from a low of 141 in May 2020 to the current figure of 647 in … Read more

Good Dog! Pets Are Showing Up in Listing Photos

A growing number of sellers are using pets in their staging photos, but be careful, experts say. Pets could raise questions about unwanted odors, among other things. NEW YORK – Until recently sellers were advised not to include their pets in photos of home listings. Now agents are saying that well-behaved dogs in photo listings, … Read more

Redfin: Typical Monthly Housing Payment Drops

Mortgage rates dropped to their lowest level in months. Four Florida cities lead the nation with biggest YoY median sale price increases and new listings. SEATTLE — The typical U.S. homebuyer’s monthly housing payment was $2,722 during the four weeks ending July 14, $115 lower than April’s all-time high, according to a new report from … Read more

Helping Agents Communicate Their Value

NEW YORK – In most service-oriented industries, customers want to work with professionals who can prove they’re up to the task, whatever it may be. Customers want to understand what they’re paying for, and professionals must be able to articulate their expertise. This is – and has always been – true in real estate, but … Read more

Mortgage Rates Slide to 3-Month Low

The rate on a 30-year mortgage fell to 6.77%, the lowest level since March, from 6.89% last week. Rates on 15-year fixed-rate mortgages fell to 6.05% from 6.17%. LOS ANGELES – The average rate on a 30-year mortgage dropped this week to a four-month low, a welcome decline in borrowing costs for prospective homebuyers grappling … Read more

Are You Ready for the Aug. 17 NAR Changes?

Here’s a recap of what’s available from Florida Realtors – from new and revised forms to free educational webinars – to help you with the upcoming changes. ©Florida Realtors® Source link

First-Time Owners: Avoid These Furniture Mistakes

CHICAGO – When decorating a home, poor planning for the size of the space, such as ordering a rug that’s too big or small, is a common mistake. B2C Furniture, a sustainable furniture firm, crunched social media data to identify the most common furniture mistakes young adults make when outfitting a home for the first … Read more