A homeowners association could face liability if booting a car also traps another or prevents emergency access. Towing may be a safer option. FORT LAUDERDALE, Fla. — Question: Our homeowners association has decided to boot vehicles instead of having them towed for various violations. Our community has single car garages and a space in front … Read more
NAR’s latest Consumer Guide provides an overview of property taxes, exemptions, reassessments and more to help buyers and sellers navigate real estate transactions. ORLANDO, Fla. — Property taxes are one of the expenses associated with homeownership, yet many buyers — especially those purchasing for the first time — have questions about how they work. The … Read more
However, millennials prefer larger homes, while boomers are looking to downsize. Both Gen X and Gen Z are looking for homes around 2,250 square feet. LAS VEGAS — Home buyers continue to look toward smaller homes, with the median home size dropping from 2,200 square feet in 2023 to 2,150 square feet in 2024 — … Read more
The average rate on a 30-year mortgage fell to 6.76% from 6.85% last week, Freddie Mac said. Rates on 15-year mortgages fell to 5.94% from 6.04%. WASHINGTON — The average rate on a 30-year mortgage in the U.S. eased for the sixth week in a row, a welcome boost in purchasing power for home shoppers … Read more
Realtors must have written agreements with buyers before home tours. ERS and EBBA updates include conditional vs. unconditional termination options. ORLANDO, Fla. — Now that we’re in a post-NAR settlement landscape, if a Realtor® or MLS participant is working with a buyer, they will need a written agreement prior to touring a home. Florida Realtors® … Read more
The Conference Board reported that its Consumer Confidence Index, which measures current and future economic conditions, fell this month to 98.3. WASHINGTON — U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday. The Conference Board reported that its consumer confidence index sank this … Read more
The latest smart home technology offers greater personalization, advanced automation and seamless integration across every part of a home. NEW YORK – When selling a luxury home, forget asking Alexa or Google turn on the lights. Those systems are flip phones compared to the newest smart-home tech. The most advanced generation of smart home technology … Read more
Florida Realtors Chief Economist: “A new year usually brings with it a revival in the rate of homes being listed for sale; it certainly was the case this January.” ORLANDO, Fla. — Florida’s housing market started 2025 with more new listings and increased inventory (active listings) in January compared to a year ago, according to … Read more
NAR’s “Preparing for Homeownership” guide helps buyers explore home choices, down payment options, available resources and much more. ORLANDO, Fla. — Buying a new home or planning a next move comes with a lot of unanswered questions. The latest Consumer Guide by the National Association of Realtors® aims to demystify some of the process and … Read more
For most reporting companies, the new compliance deadline is March 21, 2025. Extensions apply for some storm-affected businesses. WASHINGTON — On February 18, 2025, the Corporate Transparency Act (CTA) beneficial ownership information (BOI) reporting requirements were reinstated by the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department … Read more
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