Florida Real Estate

RE Development: 3 Fla. Cities in U.S. Top 20

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Census data shows the last decade’s most active development is in the Sun Belt. Texas holds top spots with Jacksonville (7), Orlando (11) and Tampa (15) close behind. ORLANDO, Fla. – A study of real estate development based on U.S. Census Bureau data covering the last decade finds Texas cities in the top five spots, … Read more

AI Has Visible Role In Home Buying Process

Buyers can now describe their dream home to a computer. You won’t be replaced by AI, says one broker, you’ll be replaced by people who use AI better than you. LAS VEGAS – Artificial intelligence (AI) will play a bigger role in helping consumers buy and sell homes, as it moves from behind the scenes … Read more

An Innovative Way to Own a Home? Land Trusts

ATLANTA – Makeisha Robey grew up in a three-bedroom house and always wanted to provide the same for her children. But on a preschool teacher’s salary in Atlanta, that dream was out of reach. Her family moved from rental to rental as costs continued to rise. That changed after Robey learned about the Atlanta Land … Read more

Video Marketing Works Since Few Agents Use It

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It’s not just about good content that entices customers to return. It’s also about appearing higher in search engine results and boosting an agent’s online presence. NEW YORK – Most real estate professionals don’t create video content – and that gives those who do a key advantage. A strong online presence is critical for achieving … Read more

Fla. Regulators Consider Citizens Rate Hike

Citizens Ins. requested 12% rate hikes in a 2.5-hour meeting with Fla.’s Office of Insurance Regulation. Final OIR decisions usually aren’t issued for a few weeks. TALLAHASSEE, Fla. – With the state-backed Citizens Property Insurance Corp. continuing to see massive growth, regulators Thursday took up a proposal that would lead to double-digit rate increases for … Read more

HUD Focuses on LGBTQI+ Homelessness

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HUD says an outsized portion of homeless youth (40%) are LGBTQI+ , and it plans to address that group’s barriers to housing and shelter during Pride Month. WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) launched a new LGBTQI+ Youth Homelessness Initiative that will partner with local communities, service providers, and directly-affected … Read more

Fla. Woman to Serve Time for RE Land Fraud

A two-woman team lied about vacant land they offered for sale and disappeared after victims wired a down payment. The online scam claimed more than 40 victims. TALLAHASSEE, Fla. – One of two women accused of a crime that scammed Florida land investors will be serving jail time, according to Florida Attorney General Ashley Moody.  … Read more

Feds Want Appraisal Reconsideration Guidance

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How should lenders handle appraisal complaints? Five federal agencies issued a request for comments about a residential real estate reconsideration of value (ROV). WASHINGTON – Five federal regulatory agencies requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions, including: Consumer Financial Protection Bureau (CFPB) Federal Deposit Insurance Corporation … Read more

Popular Marketing Strategy: Broad Match+Audiences

Google Ads’ tools give marketers leeway, and some think combining two of those tools provides the strongest results when marketing online. NEW YORK – Among real estate agents, a broad match + audiences strategy is increasingly popular for digital marketing. It combines Google Ads’ (formerly Google AdWords) broad match feature with its audience targeting feature. … Read more

Mortgage Rates Ease Back a Bit, Down to 6.71%

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The 30-year, fixed-rate mortgage hit a seven-month high last week after three straight increases, but fear of more increases eased after this week’s mortgage survey. LOS ANGELES (AP) — The average long-term U.S. mortgage rate eased back from a seven-month high this week, a welcome change for homebuyers navigating high borrowing costs and heightened competition … Read more