South Florida Real Estate

2024 RE Trends: What’s Next for Fla. Real Estate?

Looking for insights into real estate trends and the outlook for 2024? Find out at Florida Realtors Real Estate Trends on Jan. 19 at the Mid-Winter Biz Meetings. ORLANDO, Fla. – Real estate fuels Florida’s economy, and knowing what market trends may be on the horizon helps policymakers, residents and Realtors® plan ahead. During the upcoming … Read more

Mortgage Demand Ticks Upward to Start the Year

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The MBA’s deputy chief economist and vice president calls the increase a “promising to start the year.” WASHINGTON — Mortgage applications rebounded the week ending Jan. 5, 2024, seeing a 9.9% increase compared to the previous week, according to data from the Mortgage Bankers Association’s (MBA) seasonally adjusted index. The results included an adjustment for … Read more

Yellen: 100K Businesses Joined FinCEN Database

Treasury Secretary Yellen also spoke about upcoming real estate rules meant to increase transparency about the people and companies buying U.S. property. VIENNA, Va. – United States Treasury Secretary Janet Yellen announced that 100,000 businesses have joined a new database that collects “beneficial ownership” information on firms as part of a new government effort to … Read more

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