Rather than just react to fair housing complaints, HUD plans to be more assertive via a program announced in Jan. This week, it extended the comment period to April 24. WASHINGTON – In January, the U.S. Department of Housing and Urban Development (HUD) proposed a new program called “Affirmatively Furthering Fair Housing” that would be … Read more
Commercial real estate remains strong in many areas of the country, and even in metros seeing a slowdown, it’s often considered “an opportunity” rather than “a catastrophe.” NEW YORK – American humorist Mark Twain is quoted as saying, “The reports of my death are greatly exaggerated.” The actual statement was that “the report of my … Read more
The pandemic pushed many city dwellers to the suburbs, and cities are still losing residents – but urban and small-town population growth is now relatively flat. ©Florida Realtors® Source link
Rather than paying a mortgage monthly, make a half payment every two weeks, equaling one extra payment per year. It can shave about 6 years off a 30-year loan. every year? No, not the one where you make a full extra payment at the end of the year. That’s not a secret and coming up … Read more
Banking sector chaos and a see-sawing stock market didn’t deeply impact Floridians. UF’s sentiment index for March rose 2 points, surprising UF economists. GAINESVILLE, Fla. – Consumer sentiment in Florida increased for a third month in a row in March to 69.7, up 2 points from a revised figure of 67.7 in February. On the … Read more
A Facebook post boost is like an advertisement that not’s strictly an ad. Paying extra will push a listing, for example, out to a much wider audience. NEW YORK – Real estate agents can use Facebook Boost to “push” postings to audiences outside their current page followers. To do this, agents simply click on their Facebook … Read more
Florida Realtors economist: Maybe a seller wants to overprice their home? A buyer insists on low bids? Statistics can help you focus on facts rather than falling prey to emotions. ORLANDO, Fla. – There’s no doubt: Today’s real estate market bears little resemblance to the one from 2021-2022. High sales prices plus high interest rates … Read more
People “used to the best” in everyday life expect top-shelf home marketing and cutting-edge websites – the type of style that aligns with their day-to-day existence. NEW YORK – Want to sell luxury real estate? Think like you’re rich. Luxury real estate agents should understand and adapt to their affluent clientele’s mindset in order to … Read more
When it comes to staging a listing, sellers’ agents are divided over the benefits. NAR’s 2023 staging report found only 1 in 5 agents said it increased a home’s value. WASHINGTON – Home staging helps buyers envision life inside a listing, but how much does it help the seller? According to a report from the … Read more
Banks have tracked data such as race and geography for decades on residential loans, and they’ll soon do it for small biz loans to identify any discrimination bias. NEW YORK (AP) – Banks will need to start reporting the demographics and income of small business loan applicants under new rules published by the Consumer Financial … Read more
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