Is an All-Inclusive Resort Cheaper Than Rent?

​ SEATTLE — Rent prices in the U.S. are so high that one man decided to try a new lifestyle: living at an all-inclusive resort in Mexico. Ben Keenan, a Seattle-based content creator, posed the idea in a TikTok that went viral earlier this year. “Have we ever considered that it’s actually cheaper to live […]

Focusing Your Business for Summer Success

​ NEW YORK – Given that April home sales numbers were down 1.9%, according to the National Association of Realtors® (NAR), agents are focused on generating leads through the summer. Each lead should be responded to with the goal of setting up a face-to-face appointment. Veteran trainer and broker Jerry Kidd said, “If you don’t […]

More Work Remains for ‘3by30’ Housing Goal

​ WASHINGTON – The homeownership rate for Black Americans has been rising in recent years – ever since, after falling to historical lows in 2019, a group of housing organizations banded together to form the Black Homeownership Collaborative to do something about it. “It’s been a dramatic turnaround, but it did not just happen,” Lisa […]

Identify AI’s Pain Points, Keep Your Authenticity

​ News & Media NEW YORK – Advanced artificial intelligence (AI) tools are being used by real estate professionals to improve their listing photos, replying to clients and improving listing copy. Others are using the tools to predict which homeowners are likely to sell based on a variety of data points, including the age of […]

Existing-Home Sales Edged Lower by 0.7% in May

​ WASHINGTON – Existing-home sales slightly declined in May as the median sales price climbed to a record high, according to the National Association of Realtors®. In the four major U.S. regions, sales slid month-over-month in the South but were unchanged in the Northeast, Midwest and West. Year-over-year, sales rose in the Midwest but receded […]

Possible TikTok Ban Looms Large for Users

​ NAPLES, Fla. – Fifteen-year-old girls dancing in their bedrooms and teenage boys playing pranks won’t be the only TikTokers out of luck if the United States bans the popular app. Local businesses and influencers who depend on the app will have to find new ways to sell their products and attract customers. “I go […]

New Buyer Representation Forms Released

​ News & Media Links to /media/4629 Florida Realtors has released four new forms — two compensation agreements and modification forms, for each compensation agreement.  ➡️ CLICK HERE TO FIND THE FORMS & LEARN MORE ORLANDO, Fla. – Florida Realtors® released four new forms that incorporate the practice changes required for National Association of Realtors® […]

Florida’s May Home Median Prices, New Listings Up

​ ORLANDO, Fla.– In May, Florida’s housing market reported more new listings, increased for-sale inventory and higher median prices compared to a year ago, according to Florida Realtors®’ latest housing data. Links to /media/4631 New listings and inventory climbed at the statewide level in May, but there’s a decent amount of variation at the county […]

Buyer Can’t Get Financing: Now What?

​ FORT LAUDERDALE, Fla. – Question: We recently signed a contract to sell our home. Yesterday, our real estate agent told us the buyer was canceling because they could not get financing. We feel we should be able to keep the deposit because we denied other offers for this one and wasted more than a […]

Buyers Snap Up Aging, Empty Office Buildings

​ NEW YORK – The $2.4 trillion office building sector continues to struggle with property values falling for aging buildings, high interest rates on new loans and refinancing, and poor tenant demand after the pandemic. Opportunistic buyers have found some large office buildings at a steep discount up to 70%, making the office market an […]

Some Buyers Beat High Rates Via Assumable Mortgages

​ MINNEAPOLIS – Last year, after Deb Jerikovsky’s husband died, she decided to swap the lake home where they planned to spend retirement for a house in the metro that’s closer to family. She put that plan on hold, however, once she realized 7% mortgage rates would force her to dip too deeply into her […]

Housing Inventory Is Growing Fast in Fla.

​ News & Media MIAMI – Even with more housing inventory available in the Florida market, developers of single-family homes appear undeterred. Ali Wolf, chief economist at Zonda, an analytics firm specializing in new construction, said, “The rise in [housing] inventory in Florida has definitely caused rumblings in the new home industry. We’ve had builders […]