South Florida Real Estate

Florida Lawmakers Return to Tallahassee, Begin 2024 Session

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More than 1,600 bills have been filed on a multitude of topics that include affordable housing, community associations and private property rights. Not all bills will pass. TALLAHASSEE – Florida’s lawmakers kicked off the 2024 legislative session Tuesday to take a deeper dive into issues vital to Florida property owners and Realtors®.   For the … Read more

Florida Realtors: Apply for Student Scholarships

Realtors: Have a high school senior or kid in college? Or a client who does? Tell them about the Education Foundation Scholarships – and to apply by March 6. ORLANDO, Fla. – Do you have kids currently in college, or maybe one who is about to graduate high school? Maybe you have clients with high … Read more

Consumers Expect Mortgage Rates to Go Down

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A Fannie Mae survey found 17% of consumers indicate it’s a good time to buy a home now. WASHINGTON – The Fannie Mae Home Purchase Sentiment Index HPSI) increased 2.9 points in December to 67.2, due primarily to a significant jump in the share of consumers expecting mortgage rates to go down over the next … Read more

Fannie Mae: Consumers Expect Mortgage Rates to Go Down

A Fannie Mae survey found 17% of consumers indicate it’s a good time to buy a home now. WASHINGTON – The Fannie Mae Home Purchase Sentiment Index HPSI) increased 2.9 points in December to 67.2, due primarily to a significant jump in the share of consumers expecting mortgage rates to go down over the next … Read more

Florida Consumer Sentiment Mixed In Dec.

Although UF’s monthly consumer confidence survey ended the year on a high note, the survey marked its third lowest level since it began in 1985. GAINESVILLE, Fla. – Consumer sentiment in Florida inched up for a third consecutive month in December to 69.5, gaining 1.2 points from a revised figure of 68.3 in November. Meanwhile, … Read more

Leveraging Instagram, Reels to Boost Your Bottom Line

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Visual content is crucial to showcasing properties. Platforms like Instagram can help you get there. NEW YORK – Real estate agents can enhance their marketing efforts by using more visual content through platforms like Instagram and its short video feature, Reels. A 60-second Reel can provide a rapid tour of a property and showcase its … Read more

Steps to Take Before Applying for a Mortgage

Prospective homeowners should consider all the steps to securing the best possible mortgage terms.   NEW YORK – A home is the single biggest purchase most people will ever make. That’s perhaps become even more true in recent years when the cost of homes has increased dramatically. The sticker price of a home may come … Read more

ChatGPT, AI Hype: Why Caution Is Needed

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Real estate agents and brokers must ensure their technology is “safe, secure and ethical,” including AI, NAR’s Dan Weisman said. ©Florida Realtors® Source link

7 Florida Cities Dominated 2023 U.S. Growth

Seven Florida locales dominated the 2023 U-Haul Growth Index, indicating the Sunshine State continues to be a sought-after destination. Seven Florida locales dominated the 2023 U-Haul Growth Index, indicating the Sunshine State continues to be a sought-after destination. PHOENIX – Seven regions in Florida lead in the highest number of one-way U-Haul moves in 2023, … Read more

Federal Reserve Minutes Show Officials Cautious About Rate Cuts

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Minutes from the Fed’s December meeting show officials felt the economic outlook was uncertain and further hikes were still “possible.” WASHINGTON — The Federal Reserve’s policymakers concluded last month that inflationary pressures were easing and that the job market was cooling. In response, the officials chose to leave their key interest rate unchanged for the … Read more