AI (artificial intelligence) will be big this year, as will questions on using it legally in some cases. Also expect more on 5G speeds and blockchain use. NEW YORK – Technology innovations predicted for the real estate arena in 2023? Expect to hear more about the expanding use of artificial intelligence (AI) in multiple areas, … Read more
For independent contractors, a slowing market might mean less money. But budgeting is always important since commission checks ebb and flow. CHICAGO – You may be watching your cash flow during the market slowdown. Use these smart tips to protect your nest egg. News about economic tumult may be making you feel jittery about your … Read more
Communication changed in the past 20 years, but the need for it hasn’t. No matter the form, customers want regular, transparent and respectful connections. ©Florida Realtors® Source link
TALLAHASSEE, Fla. – A second notable swell of newcomers traded out-of-state driver’s licenses last year for ones with a Sunshine State address following temptations of tropical succor, an income tax desert or a particular political ethos. More than 583,200 people were freshly entered into the state Department of Highway Safety and Motor Vehicles database in … Read more
Florida Realtors data: But for-sale inventory rose and median sales prices up year-over-year. Single-family homes up 15.7% to $402,500; condos up 21.6% to $306,500. ORLANDO, Fla. – As 2022 ended, Florida’s housing market looked similar to the more traditional market years prior to the pandemic in terms of total closed sales, though it fell short … Read more
FHFA, the oversight agency for Fannie Mac and Freddie Mac, announced a continuing loan structure that generally favors first-time and lower-income buyers. WASHINGTON – The Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to reduce the Loan Level Price Matrix (LLPAs) in 2022 for most homebuyers, though LLPAs may be a bit … Read more
Sales rose in Jan. 2022 and then fell for the next 11 months. Based in large part on rising mortgage rates, 2022 U.S. home sales were down 17.8% year-to-year. WASHINGTON – Existing-home sales retreated for the eleventh consecutive month in December, according to the National Association of Realtors® (NAR). Three of the four major U.S. … Read more
Florida Realtors chief economist: Expect Fla. housing to return to a more “traditional” market like in 2018-2019 “as supply and demand become more balanced.” ORLANDO, Fla. – What should consumers, Realtors® and policymakers expect when it comes to Florida real estate over the next year? After the unexpectedly strong years of 2020 and 2021 despite an … Read more
The “easy wins” don’t result in immediate leads, but simple marketing – such as optimizing social media network profiles – can be the bedrock of long-term success. NEW YORK – In a challenging market, real estate professionals should make sure they’re focusing on easy “wins,” such as optimizing their profiles across agent-based and social media … Read more
By taking charge of debt, first-time buyers could start 2023 unable to qualify for a mortgage and end the year celebrating the holidays in a new home. NEW YORK – You’ve got big financial plans for 2023. Maybe they include buying a home or car, or getting a new travel rewards credit card to help … Read more
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