Florida TaxWatch recommended lawmakers require sensors that detect fatigue, sinking, leaks and stress to help prevent disasters like Champlain Towers. TALLAHASSEE, Fla. — Lawmakers should mandate smart sensors in multi-story condominium buildings to help warn residents of potential structural failures, says a report by a Florida nonpartisan policy group released on Friday The report by … Read more
LOS ANGELES — This spring homebuying season is shaping up to be more favorable for home shoppers than it’s been in recent years — as long as they can afford to buy. Home prices are rising more slowly. Mortgage rates remain elevated but have been mostly easing and could be headed lower. Most importantly, the … Read more
With mortgage rates steady, buyers and sellers must remain prepared. Home improvements, decluttering and proper financial prep can help navigate today’s market. NEW YORK – People considering buying or selling a home are facing a unique market. The real estate market has been in flux for several years, and high interest rates have made it … Read more
Before cutting a listing’s price, agents should review marketing, market conditions, property type, demand, seller motivation and seasonality. NEW YORK — Before deciding on a price reduction for a listing, real estate pros should evaluate several key factors. First, ensure the property has been marketed effectively with quality photos, accurate descriptions and an optimized listing. … Read more
New Realtors can build lasting careers by using social media wisely, personalizing service and staying connected long after the deal closes. ORLANDO, Fla. – As a new real estate professional who is a Realtor®, you’re stepping into a competitive world where success goes beyond closing a deal — it’s about earning trust that brings clients … Read more
The average rate on 30-year mortgages fell to 6.64% from 6.65% last week while rates on 15-year mortgages went down to 5.82% from 5.89%. NEW YORK —The average rate on a 30-year mortgage in the U.S. edged lower for the second week in a row, a modest but welcome boost for prospective home shoppers in … Read more
The median U.S. home price is $412K, requiring 10 workdays per month to afford. In Florida, it’s 11 days. Midwest buyers need a week or less. AUSTIN, Texas – The median national home price in the U.S. is $412,000 and for Americans looking to buy a home, the magic number of days required to work … Read more
Baby boomers account for 42% of all home buyers, while millennials fall to 29% (down from 38% from one year ago), NAR said. Multigenerational home buying is rising. WASHINGTON — In a shift that underscores changing dynamics in the housing market, baby boomers now make up the largest generational group of home buyers, according to … Read more
At a press event at Florida Realtors’ Orlando office, the governor said homesteaded Floridians need “immediate relief” from the impact of rising property taxes. ORLANDO, Fla. — Gov. Ron DeSantis announced a plan for property tax relief for Florida residents during a press conference Monday morning at Florida Realtors®’ Orlando headquarters. The governor wants the … Read more
If you owe taxes, file your return or request an extension to avoid penalties. The IRS can help with payment plans and extensions. Free tools are available. NEW YORK — If you know or suspect you can’t pay the taxes you owe this tax season, you should still file a return with that information or … Read more
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