Florida Real Estate

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

Lawsuit Over Massive Polluted Water Leak Settled

Experts say the Tampa-area phosphate plant leak poses an ongoing threat. There are about two dozen similar phosphate wastewater reservoirs statewide. ST. PETERSBURG, Fla. – Environmental groups and Florida regulators have settled a lawsuit over the 2021 leak of millions of gallons of polluted water from a phosphate plant reservoir into Tampa Bay, which triggered … Read more

Handling Agents’ Concerns About Industry Changes

As the industry closes in on changes resulting from the Sitzer-Burnett case, agents are looking for guidance. Brokers should be prepared to help. CHICAGO – Real estate is an evolving industry, and it is natural to have questions about how practice changes may impact you and your business. “While the industry adapts to the practice … Read more

Slow Market Not Scaring Agents

While some practitioners see business challenges as a result of fewer home sales, others see opportunity. View highlights from NAR’s newly released 2024 Member Profile. CHIGAGO – Although existing-home sales last year plunged to their lowest level since 1995, real estate professionals remained committed to their business. Seventy-three percent of Realtors® say they’re “very certain” … Read more

Buyer Opportunities: Rates Fall, Supply Rises

Homebuyers on a $3,000 monthly budget have gained over $20,000 in purchasing power since mortgage rates peaked in the spring, Redfin found. SEATTLE – A homebuyer on a $3,000 monthly budget can afford a $447,750 home with a 6.85% mortgage rate, the daily average as of July 11, according to a new report from the … Read more

Average Mortgage Rate Falls Slightly

The average rate on a 30-year mortgage fell to 6.89% from 6.95% last week. Borrowing costs on 15-year fixed-rate mortgages fell to 6.17%. LOS ANGELES — The average rate on a 30-year mortgage fell slightly this week, a modest relief for home shoppers facing record-high home prices. The rate fell to 6.89% from 6.95% last … Read more

Engaging Your Online Network | Florida Realtors

Mauricio Umansky, founder and CEO of the real estate agency The Agency in Los Angeles, said customer engagement is not a one-and-done proposition. NEW YORK – To truly connect online with an audience, real-estate professionals need to be authentically themselves, Mauricio Umansky, founder and CEO of the real estate agency The Agency in Los Angeles, … Read more