Insurer Looks to Resume New Policies

​ News & Media TALLAHASSEE, Fla. – After it largely stopped selling new homeowners’ policies in Florida and the Northeast in late 2022, the parent company of Heritage Property & Casualty Insurance Co. said Tuesday it is looking to resume writing new coverage. In a statement that was part of an earnings report, Heritage Insurance […]

Budgeting for Home Renovations

​ NEW YORK – There are a variety of reasons for renovating the home that you live in. While most people do renovate their own home to improve their quality of life, you might also renovate or add new features to increase the overall value of your home. When doing home renovations, Rocket Loans explains […]

Convention: 2 Days, Too Good To Miss

​ News & Media By Marla Martin ORLANDO, Fla.– Success strategies from top real estate leaders, how-to education sessions, the chance to network with other industry professionals and the latest in high-tech devices: That’s what the 2024 Florida Realtors® Convention & Trade Expo offers – opportunities to boost business and your bottom line. Florida Realtors Convention […]

Homeownership: More Than a Mortgage

​ NEW YORK – You know the basic costs that go along with homebuying, but what about the hidden costs of homeownership — all the less obvious expenses beyond your mortgage that can really add up? If you’re in the process of calculating how much home you can afford, you might need to rework your […]

Colors to Fit Your Kitchen’s Orientation

​ CHICAGO – Forty-one percent of homeowners regret their color choice for the kitchen, according to a survey from Moneywise. They may not have factored in the direction of the kitchen and whether it’s north-, south-, east- or west-facing, says Jen Nash, head of design at Magnet Kitchens. She believes the orientation of the kitchen […]

America’s Renter Population Is Growing

​ SEATTLE – The number of renter households in America grew 1.9% year over year in the second quarter to a record 45.2 million, according to a new report from the real estate brokerage Redfin. That’s over three times faster than the number of homeowner households, which grew 0.6% to a record 86.3 million. The […]

CoreLogic: Annual Home Price Growth Below 5%

​ IRVINE, Calif. – U.S. year-over-year home price gains inched down, reaching 4.7% in June, falling further from the previous month’s 4.9% in what will likely be a continual slide throughout the next year, the real estate research company CoreLogic found. Although June marked the 149th consecutive month of annual growth, the rate of growth […]

Florida Realtors DRF Open for Post-Debby Help

​ News & Media ORLANDO, Fla. – Gov. Ron DeSantis warned of ongoing Hurricane Debby-related flooding, particularly in north Florida, in the coming days as rivers and tributaries rise. In response, the Florida Realtors® Disaster Relief Fund began accepting applications to assist affected homeowners and business owners. Links to /about/charities/disaster-relief-fund Realtors helping others in times […]

Study: ‘Knowledge Gaps’ May Be Thwarting Buyers

​ News & Media WASHINGTON – According to the recent Fannie Mae Mortgage Understanding Study, which surveyed 3,338 household financial decision makers, 92% say owning a home is important and 74% plan to buy, rather than rent, the next time they move. However, nine out of 10 respondents overstated or were unaware of what most […]

Can You Be Fined for a Years-Old Code Violation?

​ FORT LAUDERDALE, Fla. – Question: About 12 years ago, I put in a pool surrounded by a chain-link fence after obtaining the appropriate permits. I put mesh slats in the fence to increase privacy. I recently received a violation notice from the city stating that I violated municipal code because slats are prohibited in chain-link fences. […]

Buyers Willing to Risk Safety for Affordability

​ SEATTLE – Nearly one in every five (17.3%) house hunters are willing to sacrifice their physical safety to find a home they can afford within the next year, according to a new report from the real estate brokerage Redfin. Nearly one in four (23.7%) Gen Z respondents said they are willing to live somewhere […]

August Mortgage Rates Could Continue Long Decline

​ NEW YORK – Mortgage rates are likely to keep falling in August because inflation is slowing down. The pleasing news is that mortgage rates have been trending downward since they crested for the year in April, when the 30-year fixed-rate mortgage averaged 7.04% in NerdWallet’s daily survey. The average rate slipped slightly lower in […]