South Florida Real Estate

Increase Your Local Rankings as a Real Estate Agent

Optimize your RE website for search engines by integrating keyword phrases into content, metadata and titles – and also make sure your website is mobile-friendly. MEMPHIS, Tenn. – It is crucial for agents to optimize their real estate website by integrating keyword phrases into content, metadata, and titles. This process in known as search engine … Read more

Supreme Court Limits Some Fed Wetlands Regulations

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WASHINGTON (AP) – The U.S. Supreme Court on Thursday sharply limited the federal government’s authority to police water pollution into certain wetlands, the second decision in as many years in which a conservative majority narrowed the reach of environmental regulations. The outcome could threaten efforts to control flooding on the Mississippi River and protect the … Read more

Inflation Measure Tracked by Fed Reserve Up in April

A key index of U.S. prices ticked up 0.4% in April from March, and consumer spending rebounded 0.8%, a sign that inflationary pressures in the economy remain high. WASHINGTON (AP) – A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high. … Read more

Regulators OK $1.25B in Credit Lines for Citizens

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As prep for hurricane season, Citizens can tap the credit if needed to help pay claims and expenses for its personal-lines account, which includes homeowners’ policies. TALLAHASSEE, Fla. – As the start of hurricane season nears, regulators this week approved lines of credit totaling $1.25 billion for the state-backed Citizens Property Insurance Corp. Florida Insurance … Read more

1Q U.S. Economy: Tepid but No Recession Yet

From Jan. to March, the U.S. economy grew a small 1.3%, though that beat 1.1% expectations. But consumer spending, which makes up about 70% of that, was up 3.8%. WASHINGTON (AP) – The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their … Read more

Fla. Chapter Wins CCIM Institute Education Award

The Florida CCIM Chapter president says “advanced commercial real estate education is a prime focus for CCIM,” and he’s proud that focus was “recognized by our colleagues.” BOSTON – The Florida CCIM Chapter of The CCIM Institute was recognized for excellence at The CCIM Institute’s Midyear Governance Meetings. CCIM stands for Certified Commercial Investment Member. … Read more

April Rents Edge Higher – But It May Be Seasonal

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From March to April, asking rents for three-bedroom, single-family rentals rose 2.2% after months of slow price declines. But it may be just a normal seasonal increase. WASHINGTON – First, the bad news: After enjoying an all-too-brief lull in rising rents, single-family home rental (SFR) prices are once again trending upward. But according to Dwellsy … Read more

What Would Famous Cartoon Homes Be Worth?

HOLLYWOOD, Calif. – At the end of 2022, mortgage balances in the United States topped 11 trillion dollars – with almost $1 trillion in interest and refinanced debt added during 2021. As real-life Americans struggle through a housing affordability crisis, it only makes sense that many of our favorite animated characters may no longer afford … Read more

Census Bureau: April New-Home Sales Up 4.1%

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More buyers frustrated with the limited number of existing homes turned to builders for relief in April. Sales growth is notably rising in the $200K-$400K range. WASHINGTON – Sales of newly built, single-family homes increased 4.1% to a 683,000 seasonally adjusted annual rate in April. That’s up from a downwardly revised reading in March, according … Read more

Date of Purchase Beats Home Location

Forget “location, location, location” – it’s “timing, timing, timing.” Spring vs. fall 2022 buyers are now facing very different economic realities. NEW YORK – Recent mortgage rate changes have highlighted the importance of timing in real estate transactions. Rates increased so much and so quickly in 2022 that those who bought homes mere months apart are … Read more