Financial pros generally recommend keeping financial records for seven years. Check with the IRS and state tax collectors’ websites for the specifics. FORT LAUDERDALE, Fla. – Question: I helped my father sell his condo in 2017 and have been storing the paperwork from when he originally purchased it to when he sold it. I want … Read more
WASHINGTON – Homebuyers are putting down more money than ever to soften the blow of high mortgage rates, and in some cities, $400,000 down payments are now the norm. The typical down payment for U.S. homebuyers hit a record $67,500 in June, nearly 15% higher than a year earlier, according to a new Redfin analysis. … Read more
A Realtor advertised his services with guaranteed savings but was unable to provide it. The ethics panel deemed the slogan misleading, since savings couldn’t be guaranteed in every case. Dear Shannon: I am a passionate broker with a focus on helping buyers. I’m also an outstanding negotiator, and, almost every time when I represent buyers, … Read more
NEW YORK – Saving isn’t always easy, but it pays off over time. It’s especially useful to have a solid savings foundation in place to protect yourself against economic uncertainty. And with the unemployment rate surging to 4.3% in August, the road ahead looks potentially rocky. But how do you save more when money is … Read more
The annual Florida Realtors Board of Directors business meeting was held on Aug. 25 in person and online. ©Florida Realtors® Source link
With mortgage rates declining, some Florida cities could see big gains in home affordability. Already buyers are moving off the sidelines. WASHINGTON – A new Realtor.com analysis shows the metro areas where affordability for the median earner will improve the most if rates drop to 6.3%, which could happen in the coming months. In other … Read more
The newest sales tax holiday starts tomorrow (Saturday) and runs through Sept. 6 for storm-related items, including batteries and generators. TALLAHASSEE, Fla. – A sales-tax “holiday” will start Saturday that can help Floridians prepare for storms as the state moves into the peak of hurricane season, while another set of tax breaks is on the … Read more
In making renovations, homeowners need to strike a balance between personal tastes and features that could appeal to buyers. NEW YORK – Home improvement trends come and go. The wildly popular open floor plan concepts that have dominated homeowners’ desires over the past decade-plus could be falling out of favor. Rachel Stults of Realtor.com linked … Read more
Florida plans to add amenities to state parks including campsite, cabins and areas for outdoor activities like pickleball, golf and paddling. TALLAHASSEE, Fla. – Future visits to some of Florida’s state parks could include getting in 18 holes of golf or playing pickleball. The state Department of Environmental Protection this week announced what it has … Read more
ORLANDO, Fla. – Florida Realtors® recognized Mike McGraw, 2023 Florida Realtors president, as its 2024 Realtor of the Year. The award – one of several – was presented Thursday during the state association’s annual Convention & Trade Expo at Rosen Shingle Creek in Orlando, Fla. The Realtor audience applauded as McGraw accepted the award from … Read more
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