Florida’s population is growing, with strong tourism, jobs and housing demand, experts said. Expect more repeat buyers and a strong rental market. TALLAHASSEE, Fla. — The Florida Chamber Foundation recently presented its virtual 2025 Florida Economic Outlook & Jobs Solution Summit, with forecasts for the coming year ranging from population growth to tourism trends. Highlights … Read more
Economists expect one rate cut in July as unemployment drops and new federal policies take effect. Fewer cuts could keep mortgage rates elevated. WASHINGTON — The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies … Read more
A new report finds young families face challenges buying a home and starting a family. They’re waiting on a 4.5% mortgage rate. NASHVILLE, Tenn. — A new survey by Ramsey Solutions reveals that financial challenges are causing Americans to delay major life decisions, such as purchasing a home or starting a family. According to The … Read more
Homeowners usually have no legal right to a view, but specific situations can make a difference including malicious intent to block a view FORT LAUDERDALE, Fla. — Question: Can a community association plant a tree on the common property that will obstruct a single owner’s view of the ocean? — Roy Answer: Homeowners, including those … Read more
The legal webinar will help Realtors navigate upcoming changes to robocall and robotext rules, providing best practices for members to implement in their businesses. ORLANDO, Fla. – Florida Realtors®’ legal team will host a webinar to help Realtors® better understand the federal and state Telephone Consumer Protection Act (TCPA) robocall and robotext laws and possible … Read more
NEW YORK – For those who aren’t ready to buy, renting the American dream for the time being might just be the next best thing. As rapidly rising home prices, discouraging down payment amounts and daunting mortgage rates keep many on the sidelines, the build-to-rent (BTR) sector is swooping in to save the day, offering … Read more
The average rate on 30-year mortgages fell to 6.89% from 6.95% last week. Rates on 15-year mortgages fell to 6.05% from 6.12% last week, Freddie Mac said. NEW YORK —The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective home shoppers … Read more
A new study also found homeowners spend an average of 6.9 hours weekly on repairs and maintenance, totaling more than 1 year and 83 days over a 30-year mortgage. ST. LOUIS — The typical American homeowner now spends an average of $24,529 annually, or $2,044 monthly, on home expenses in addition to their mortgage — … Read more
Ideas include a weekly email to your database referencing a “deal of the week,” featuring a home listed at a good price for the market. NEW YORK — To grow a real estate business, agents and owners need to make their expertise known to the local market and remain authentic in client and business interactions. … Read more
The 2025 forecast for multifamily shows a mixed outlook with potential opportunities and challenges, including continued job growth and rising inflation. NEW YORK — After several years of challenges and shifting market trends, 2025 has arrived with the promise of lower interest rates, product absorption, and increased market activity. Whether 2025 will deliver on these … Read more
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