WASHINGTON — It was the most painful inflation Americans had experienced since 1981, when “The Dukes of Hazzard” and “The Jeffersons” were topping the TV charts. Yet the Federal Reserve now seems on the verge of defeating it — and without the surge in unemployment and the deep recession that many economists had predicted would … Read more
To fight property fraud, Fla. law will require witnesses for deeds and “recording instruments affecting real property” to include their full name and mailing address. TALLAHASSEE, Fla. – A bill passed during the 2023 session of the Florida Legislature, HB 1419, creates a new requirement for “recording instruments affecting real property” in paragraph (c) of … Read more
But, experts say, while the state’s property and casualty insurance market is seeing signs of improvement, it still has a way to go. ORLANDO – The stewards of Florida’s property insurance industry refused to tamp down their enthusiasm at the Florida Chamber Insurance Summit in Orlando on Thursday. Recent legislative reforms are driving down lawsuits … Read more
The decision to rent or buy is a personal one. Anyone trying to decide should consider many factors. The decision to rent or buy is a personal one. Anyone trying to decide should consider many factors. NEW YORK – Both renting and buying come with their own set of advantages and disadvantages, and the right … Read more
MIAMI – Some people trying to buy a condominium in South Florida but getting mysteriously rejected for a mortgage could be in for a jolt: The reason they can’t get a loan may be that the condo is on a secret quasi-governmental blacklist. News media reports and data leaks to a pair of law firms … Read more
You may be able to claim ordinary activities or purchases as a cost of doing business. Anaheim, Calif. – There are three actions you need to take with your money: “Earn, keep and grow. Earn and keep more so you can invest it for growth,” said CPA and real estate tax strategist Gregory Antipoff during … Read more
The latest figures from HUD also show more than 93,000 people benefited from public housing and vouchers this year. WASHINGTON – The Department of Housing and Urban Development (HUD) said it worked with public housing programs nationwide to help more than 94,000 households exit or avoid homelessness in 2023. More than 8,200 households benefited from … Read more
NAR also said 2024 will see stronger sales activity, calling it great news for buyers and sellers. CHICAGO – For the first time since August, interest rates for a 30-year fixed mortgage have dropped below 7%, hitting 6.95% this week. This brings the monthly mortgage payment for a home priced at $400,000 to $2,118. This … Read more
“The good news is the more that you do lead gen, the better that you get at it.” NEW YORK – Real estate professionals who become successful early in their careers generally have mastered lead generation, Joseph Santini, a managing broker at Coldwell Banker Residential Real Estate in Boca Raton, Highland Beach and Delray Beach, … Read more
Rising home prices and rents are also challenging would-be buyers to save for down payments. NEW YORK – Many would-be buyers were already feeling stretched thin by home prices that increased during the pandemic, but at least mortgage rates were low. Now that they are high, some people are just giving up, since it’s currently … Read more
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