An exhaustive pro-housing bill – one of Florida Realtors’ top priorities – passed the Legislature on Friday. It now needs only Gov. DeSantis’ signature to become law. TALLAHASSEE, Fla. – On Friday, the Florida Legislature passed SB 102, a comprehensive housing bill and one of Florida Realtors®’ top priorities during the 2023 session. Florida Senate President … Read more
70 types of service businesses, including real estate agents, can more easily target ads to consumers whose search terms seem to match a Realtor’s services. NEW YORK – Google expanded its Local Services Ads by introducing a wider and more versatile toolset. This service now allows agents to incorporate advertising products and services whenever someone … Read more
Form Simplicity and Tech Helpline won 2023 HW Tech100 awards for “the most innovative technology companies serving the mortgage and real estate industries.” ORLANDO, Fla. – Florida Realtors®’ Form Simplicity and Tech Helpline have both been recognized as individual winners of the 2023 HW Tech100 Real Estate awards from HousingWire, a leading source for U.S. … Read more
In Fla., 7 agencies get part of the $2.9M under 12 grants. The money fights discrimination, and includes funds to private investigators for “testing and enforcement.” WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) awarded $54 million to 182 fair housing organizations across the country under its Fair Housing Initiatives Program (FHIP). … Read more
WASHINGTON (AP) – The Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking system. “The U.S. banking system is sound and resilient,” the Fed said in a statement after its … Read more
Real estate is a time-tested, tried-and-true investment for people who can afford it, but it also involves work. Not everyone wants to be a landlord. NEW YORK – Real estate has been a popular investment for a very long time – for those who can afford it. But in recent years, trends such as house … Read more
A senior-housing project aimed at middle-class adults gives them an option other than “dying in my house.” The Mass. prototype charges only $1,800 per month. NEWTON, Mass. – The developer 2Life Communities broke ground March 6 on a senior housing project that’s affordable to middle-class residents. Monthly rents will be as low as $1,800 at … Read more
Last week some pundits thought the Fed might keep rates steady at its meeting this week, but most now say that would make the bank issue look like a big deal. WASHINGTON (AP) – Still grappling with persistently high inflation, the Federal Reserve faces an entirely new – and in some ways conflicting – challenge … Read more
WASHINGTON – In the previous financial crisis, the nation’s biggest banks were the villains. This time, they may be the heroes. Wall Street titans whose actions once angered voters on the right and left have become safe havens for anxious Americans and a source of financial backing for wounded institutions. Tens of billions of dollars … Read more
Nest Seekers Chief Economist Erin Sykes says the market’s long-term health works best if rates stay in the 6% range. After a 2% flash sale ends, sellers just hunker down. NEW YORK – While mortgage rates may have dipped slightly this week due to several bank failures, five consecutive weeks of increases have undone the … Read more
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