Homeowners say they have made functional changes to how they use their home in the last few years, including space for hobbies, exercise and remote work. WASHINGTON — Since the pandemic, many consumers are using their homes in new and different ways including living with multiple family members under one roof, expanding outdoor living spaces … Read more
Some buyers are using rent-to-own deals to lock in home prices while waiting for better financing. Rent-to-own offers flexibility and negotiation benefits. NEW YORK — Affluent home buyers are increasingly interested in rent-to-own transactions, but not because they are unable to afford a down payment. These agreements can give buyers of high-end homes an opportunity … Read more
A survey shows many buyers want an outdoor living area to maximize their home exteriors. A deck or pavers can enhance useability and value. NEW YORK — Outdoor living spaces have become sought-after commodities among homeowners. A 2022 survey of homeowners conducted by the New Home Trends Institute found that open yards are less appealing … Read more
New agents should focus on building referrals through people they already know, including family, friends and local business owners. CHICAGO — In the real estate business, no relationships mean no deals. No deals = no money. Simple, right? As I traveled the country as one of your NAR YPN reps, one thing is crystal clear: … Read more
Couples often wait years after marriage to buy a home. To save time, opt for cash wedding gifts, avoid debt, explore first-time buyer programs and use tax benefits. NEW YORK — Weddings and homeownership are two major goals for many couples but affording both takes years of careful saving and planning. In 2024, the median … Read more
Realtors gathered in Tallahassee for Great American Realtor Days to meet with lawmakers and discuss topics that include property rights and funding for vital programs. TALLAHASSEE, Fla. — Realtors® from across the state gathered in the capital this week to bring lawmakers a unified message on issues vital to homeownership, private property rights and the … Read more
The case upholds NAR’s optional “no-commingling” rule, affirming that MLSs can independently decide whether to adopt it — a significant victory for NAR. NEW YORK — A federal appeals court on Monday upheld a ruling to dismiss antitrust claims against the National Association of Realtors® and Zillow stemming from a lawsuit filed by the Real … Read more
Closed hospitals, with ideal features for housing, are being converted due to low inventory. In 2023, hospital conversions received $161M in tax credits. NEW YORK — In areas that have low housing inventory, shuttered hospitals and the surrounding property are prime targets for conversions. With wide hallways, tall ceilings and abundant natural light, many closed … Read more
TALLAHASSEE, Fla. — Florida’s lawmakers return to the capital today to begin work on the 2025 legislative session and tackle issues crucial to home and property ownership and the continuing work of Realtors®. Legislators have more than 1,800 bills prepared for the 60 day session. Those bills passed during the session, which ends May 2, will be reviewed by the governor for approval or veto. Some of the … Read more
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
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