South Florida Real Estate

Creating Powerful ChatGPT Prompts | Florida Realtors

AI needs to be told what role it should fulfill when writing, which means letting the tool know whether they are writing as an agent or a marketing specialist. NEW YORK — When using artificial intelligence (AI) tools, including ChatGPT, to write social media posts, house listings and more, agents need to be prepared to … Read more

How AI Is Reaching Further into Real Estate

The expansion of artificial intelligence options includes helping to virtually stage a home, speeding up mortgage approvals and fueling smarter property searches. NEW YORK — Real estate agents and businesses know that chatbots using artificial intelligence (AI) can speed up interactions with potential clients and provide answers to the most frequently asked questions, but AI … Read more

Possible Tax Advantages for Homeowners in 2025

RALEIGH, N.C. — The 2025 tax filing season is underway, and there are several tax benefits that can help homeowners save money this year. Homeowners can deduct costs like mortgage interest and personal property taxes up to a certain limit in order to reduce their tax bill. In certain cases, home improvements can also be … Read more

New Program Covers 75% of Cost to Elevate Homes

The program, Elevate Florida, can help eligible homeowners affected by flooding and substantial property damage who are impacted by FEMA’s 50% rule. TAMPA, Fla. — Between the flooding and the cleanup, those who endured Hurricanes Helene and Milton have faced many hurdles. Now, a federal regulation might cost them hundreds of thousands of dollars. The … Read more

30-Year Mortgage Rates Continue to Decrease

The average rate on a 30-year mortgage fell to 6.87% from 6.89% last week, but rates on 15-year mortgages rose to 6.09% from 6.05%, Freddie Mac said. NEW YORK – The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective home shoppers … Read more

Florida’s Economy in 2025: Growth, Housing, Jobs

Florida’s population is growing, with strong tourism, jobs and housing demand, experts said. Expect more repeat buyers and a strong rental market. TALLAHASSEE, Fla. — The Florida Chamber Foundation recently presented its virtual 2025 Florida Economic Outlook & Jobs Solution Summit, with forecasts for the coming year ranging from population growth to tourism trends. Highlights … Read more

Fed Rate Cut Odds Fade as Job Market Strengthens

Economists expect one rate cut in July as unemployment drops and new federal policies take effect. Fewer cuts could keep mortgage rates elevated. WASHINGTON — The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies … Read more

Study: Millennials, Gen Z Delay Life Decisions

A new report finds young families face challenges buying a home and starting a family. They’re waiting on a 4.5% mortgage rate. NASHVILLE, Tenn. — A new survey by Ramsey Solutions reveals that financial challenges are causing Americans to delay major life decisions, such as purchasing a home or starting a family. According to The … Read more

RE Q&A: Can New Tree Block Owner’s View?

Homeowners usually have no legal right to a view, but specific situations can make a difference including malicious intent to block a view FORT LAUDERDALE, Fla. — Question: Can a community association plant a tree on the common property that will obstruct a single owner’s view of the ocean? — Roy Answer: Homeowners, including those … Read more

Florida Realtors Hosts Robocall, Robotext Webinar

The legal webinar will help Realtors navigate upcoming changes to robocall and robotext rules, providing best practices for members to implement in their businesses. ORLANDO, Fla. – Florida Realtors®’ legal team will host a webinar to help Realtors® better understand the federal and state Telephone Consumer Protection Act (TCPA) robocall and robotext laws and possible … Read more