South Florida Real Estate

The Not-So-Secret Way to Build Equity?

Rather than paying a mortgage monthly, make a half payment every two weeks, equaling one extra payment per year. It can shave about 6 years off a 30-year loan. every year? No, not the one where you make a full extra payment at the end of the year. That’s not a secret and coming up … Read more

Fla.’s Confidence Index Up – 3rd Month in a Row

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Banking sector chaos and a see-sawing stock market didn’t deeply impact Floridians. UF’s sentiment index for March rose 2 points, surprising UF economists. GAINESVILLE, Fla. – Consumer sentiment in Florida increased for a third month in a row in March to 69.7, up 2 points from a revised figure of 67.7 in February. On the … Read more

Facebook Boost Pushes Info to More Users

A Facebook post boost is like an advertisement that not’s strictly an ad. Paying extra will push a listing, for example, out to a much wider audience. NEW YORK – Real estate agents can use Facebook Boost to “push” postings to audiences outside their current page followers. To do this, agents simply click on their Facebook … Read more

Need to Have a Difficult Conversation? Use SunStats

Florida Realtors economist: Maybe a seller wants to overprice their home? A buyer insists on low bids? Statistics can help you focus on facts rather than falling prey to emotions. ORLANDO, Fla. – There’s no doubt: Today’s real estate market bears little resemblance to the one from 2021-2022. High sales prices plus high interest rates … Read more

Want to Sell Luxury Housing? Act Rich

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People “used to the best” in everyday life expect top-shelf home marketing and cutting-edge websites – the type of style that aligns with their day-to-day existence. NEW YORK – Want to sell luxury real estate? Think like you’re rich. Luxury real estate agents should understand and adapt to their affluent clientele’s mindset in order to … Read more

NAR: 48% of Realtors Say Staging Helps

When it comes to staging a listing, sellers’ agents are divided over the benefits. NAR’s 2023 staging report found only 1 in 5 agents said it increased a home’s value. WASHINGTON – Home staging helps buyers envision life inside a listing, but how much does it help the seller? According to a report from the … Read more

Feds to Look at Small-Biz Lending Bias

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Banks have tracked data such as race and geography for decades on residential loans, and they’ll soon do it for small biz loans to identify any discrimination bias. NEW YORK (AP) – Banks will need to start reporting the demographics and income of small business loan applicants under new rules published by the Consumer Financial … Read more

Ian Survivors with United Ins. Given More Time

Citizens Ins.: Homeowners with Hurricane Ian damage have 90 more days to submit a claim if they were originally covered by now-closed United Property & Casualty. TALLAHASSEE, Fla. – United Property & Casualty (UPC) customers lost coverage when the company went out of business, with many turning to Citizens Property Insurance Corporation – the state … Read more

April is Fair Housing Month

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The Fair Housing Act was signed into law 55 years ago this month – 56 years ago, it was legal to redline races and tell protected classes where they could/could not live. WASHINGTON – The month of April is Fair Housing Month, a yearly celebration that same month Pres. Lyndon Johnson signed the Fair Housing … Read more

Why am I in Violation if Everybody Does It?

Dear Shannon: A listing broker allowed a buyer to tour a vacant property they listed for the seller who was out of town. It’s a common practice, everybody does it, and the potential buyer did no harm. Why is this a violation?   ORLANDO, Fla. – Dear Shannon: I’m a listing broker who took a … Read more