Home Selling

SE Georgia Realtors Given Fake-Seller Warning

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The Golden Isles Realtors Association told agents working just north of Fla. to double-check seller’s identities, noting that fake IDs have already been reported. BRUNSWICK, Ga. – Realtors in the Golden Isles may be asking sellers a few extra questions about their identities these days, but rest assured, those questions are to protect property owners … Read more

U.S. Rents Fall for First Time in 3 Years

Study: March asking rents fell 0.4% to $1,937 year-to-year, the lowest level in 13 months. But 4 Fla. cities in the study saw increases ranging from 0.7% to 3.9%. SEATTLE – The median U.S. asking rent fell 0.4% year-over-year to $1,937 in March – the first annual decline since March 2020 and the lowest median … Read more

Why Aren’t Homeowners Listing and Selling?

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MIAMI – Six years ago, Tanjim Hossain and his wife, Christine Oliver, bought a single-story house on a corner lot dotted by palms in pedestrian-friendly North Miami. They had just sold their first house in Homestead and wanted to move to a more walkable neighborhood closer to their jobs. Since then, they welcomed their son … Read more

The Not-So-Secret Way to Build Equity?

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

Want to Sell Luxury Housing? Act Rich

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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

NAR: 48% of Realtors Say Staging Helps

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

Why am I in Violation if Everybody Does It?

Dear Shannon: A listing broker allowed a buyer to tour a vacant property they listed for the seller who was out of town. It’s a common practice, everybody does it, and the potential buyer did no harm. Why is this a violation?   ORLANDO, Fla. – Dear Shannon: I’m a listing broker who took a … Read more

Fed Raises Interest Rates a Quarter Point

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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

RE Q&A: What’s the Right Way to Plan My Estate?

There is no “right way” to plan an estate – but there are wrong ways. Plans could include wills, life estate deeds, trusts and joint tenancy, individually or in combination. FORT LAUDERDALE, Fla. – Question: My daughter wants me to put my apartment into a joint tenancy with survivorship to make things easier when I … Read more

Spring Buying Season Will Be a Challenge for Buyers

LOS ANGELES (AP) – Homeownership is likely to remain a pipe dream for many Americans this spring homebuying season. The nation’s worst housing slump in nearly a decade stoked hope among prospective buyers that homes could be scooped up more easily. But while prices appear to have peaked last summer, they still ended 2022 higher … Read more