HUD to Public: ‘What Can We Do Better?’
HUD put out an online suggestion box: Could forms be simplified? Should AI play a future role? Are protected groups served fairly? How much data should be shared? ©Florida Realtors® Source link
Market Yourself Like a Luxury Agent
A survey of 1,000 luxury agents about their top marketing strategies finds them focused on personal websites, Instagram, Facebook, YouTube and SEO. NEW YORK – A report based on a survey of over 1,000 luxury real estate agents identified the sector’s top marketing strategies. The result? Agents’ efforts should be concentrated in websites, Instagram, search … Read more
U.S. About to Lose 200K Affordable Housing Units
Some affordable-housing developers have 30-year federal tax credits hit that mark in the next five years. After that, landlords can charge whatever rent they want. NEW YORK – The United States is at risk of losing about 200,000 affordable housing units over the next five years, as government protections end at hundreds of rental properties … Read more
What Are Florida’s Wealthiest Counties?
Monroe County tops the list with a median home value just shy of $1M ($957,819) – but it’s not No. 1 for median income ($73,153). MIAMI – If your retirement plan is a vision of luxury, maybe one of Florida’s wealthiest counties will catch your attention. Or maybe you want to live out your youthful … Read more
NAHB: Regulations Hurt Affordable Housing
Builders told Congress that regulations make it difficult to construct more affordable housing – and they created a list of six specific regulatory roadblocks. WASHINGTON – The National Association of Home Builders (NAHB) told Congress this week that government regulations and mandates supporting environmental, social and governance (ESG) policies impede the industry’s ability to increase … Read more
RE Q&A: ‘As-Is’ Contract OK for Flipped Home?
A prospective buyer of a renovated home worries that an “as-is” contract may release the seller from not-yet-discovered problems. Should they sign it? FORT LAUDERDALE, Fla. – Question: We are looking to purchase our new home from a real estate renovator who bought it last year and fixed it up. The contract has a lengthy, … Read more
Mortgage Rates Again Push Close to 7%
The average rate on a 30-year, fixed-rate mortgage rose for the third week in a row, hitting 6.96% – up from last week’s 6.81% and 6.71% the week before. LOS ANGELES (AP) – The average long-term U.S. mortgage rate climbed this week to just under 7%, the highest level since November and the latest setback … Read more
2 Days Too Good To Miss: Convention & Trade Expo
Join RE colleagues at Florida Realtors® Convention & Trade Expo, Aug. 16-17, 2023. It offers business-boosting success tips, latest tech info, trends and much more. ORLANDO, Fla. – Success strategies from top real estate leaders, the chance to network with other industry professionals, and the latest in high-tech devices: That’s what the Florida Realtors® 2023 Convention … Read more
Hometown Heroes: $20M Applications in Week 1
The Hometown Heroes Program strongly backed by Florida Realtors received applications requesting $11M the first day the updated program went into effect. TALLAHASSEE, Fla. – The Hometown Heroes down payment assistance program reached $20 million in applications within the first week of launching the program’s second year of funding, which includes $11 million in applications … Read more
More Retirees Choose Rent – a Lifestyle Decision
Why do long-time homeowners rent when they can afford to buy? For more and more older adults, it’s simple: less responsibility with more money to spend. PLACERVILLE, Calif. – Jack called me last week to say he and his wife Jill wanted to sell their home in El Dorado Hills. They have been longtime friends … Read more
