NAR provides clarity on its new Multiple Listing Options for Sellers policy, addressing seller flexibility, delayed marketing and more. WASHINGTON — The National Association of Realtors® shared additional information about its new Multiple Listing Options for Sellers policy, answering frequently asked questions about its impact on listings, brokerages and consumer choice. The information comes after … Read more
A Florida House bill proposes eliminating the Florida Real Estate Commission. Florida Realtors raised concerns, citing risks to consumers and the industry. TALLAHASSEE, Fla. — A Florida House committee on Wednesday advanced House Bill 1461, which would eliminate nearly all boards and commissions that regulate professions under the Florida Department of Business and Professional Regulation (DBPR). … Read more
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
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