With mortgage rates declining, some Florida cities could see big gains in home affordability. Already buyers are moving off the sidelines. WASHINGTON – A new Realtor.com analysis shows the metro areas where affordability for the median earner will improve the most if rates drop to 6.3%, which could happen in the coming months. In other … Read more
The newest sales tax holiday starts tomorrow (Saturday) and runs through Sept. 6 for storm-related items, including batteries and generators. TALLAHASSEE, Fla. – A sales-tax “holiday” will start Saturday that can help Floridians prepare for storms as the state moves into the peak of hurricane season, while another set of tax breaks is on the … Read more
In making renovations, homeowners need to strike a balance between personal tastes and features that could appeal to buyers. NEW YORK – Home improvement trends come and go. The wildly popular open floor plan concepts that have dominated homeowners’ desires over the past decade-plus could be falling out of favor. Rachel Stults of Realtor.com linked … Read more
Florida plans to add amenities to state parks including campsite, cabins and areas for outdoor activities like pickleball, golf and paddling. TALLAHASSEE, Fla. – Future visits to some of Florida’s state parks could include getting in 18 holes of golf or playing pickleball. The state Department of Environmental Protection this week announced what it has … Read more
ORLANDO, Fla. – Florida Realtors® recognized Mike McGraw, 2023 Florida Realtors president, as its 2024 Realtor of the Year. The award – one of several – was presented Thursday during the state association’s annual Convention & Trade Expo at Rosen Shingle Creek in Orlando, Fla. The Realtor audience applauded as McGraw accepted the award from … Read more
Creating a memorable brand includes knowing your audience and communicating your business needs and expectations. NEW YORK – To create a lasting brand, it is more than just finding the right logo and color scheme, it’s about creating a unique and authentic feeling for home buyers and sellers that they will remember. The first step … Read more
Real estate Q&A: When a tenant installs an unauthorized water filter that caused extensive damage, who is responsible? You are likely accountable for damages. FORT LAUDERDALE, Fla. – Question: Our tenant installed a water filter directly into the plumbing without our knowledge. This caused a leak that drained through the floor and damaged the unit … Read more
Seniors looking to downsize may have an emotional connection to a home, so agents should work with patience, empathy and understanding. NEW YORK – The National Association of Realtors®’ 2023 Profile of Home Buyers and Sellers found that baby boomers aged 59 to 77 are among the homeowners downsizing, accounting for 45% of home sellers … Read more
State economists report a positive outlook despite uncertainties. Revenue estimates highlight that “Florida’s economy is healthy and growing.” TALLAHASSEE, Fla. – State economists on Wednesday increased general-revenue projections by a total of about $2 billion for the current fiscal year and next year, giving a boost to lawmakers as they start preparing to draw up … Read more
Visit Florida said tourism increased by 1.64% over the same period last year, bolstered by domestic travelers. And, state visitors may later become new residents. TALLAHASSEE, Fla. – Florida saw increased tourism during the second quarter of 2024, while it continues trying to get the international market back to pre-pandemic levels. With the totals driven … Read more
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