NEW YORK — Office vacancy rates are at their highest point in 45 years, according to business insight firm Switch on Business. One-quarter of existing office space in the U.S. could be vacant by early 2026, and 10 of the nation’s largest office markets each have at least $1 billion worth of empty space, […]
News & Media By Mae Anderson NEW YORK — The tax deadline for some small businesses affected by severe weather in 2024 is drawing near, the IRS is reminding owners. Small businesses in all or parts of 14 states and 2 territories that received extensions to file their 2023 returns due to natural disasters […]
NEW YORK – Tax season isn’t something most people look forward to, particularly if they suspect they owe money. However, a few tax prep tips can make the process of filing a return and, if necessary, paying back taxes as pain-free as possible. 1. Call your tax preparer early. If you use an accountant […]
News & Media NEW YORK – Renting an apartment or a home is convenient for people just starting out in life who may not have ample savings or a high enough credit score to secure a mortgage. Renting also may be necessary for individuals who have been priced out of a real estate market […]
News & Media NEW YORK – Construction materials and labor costs have increased, but homeowners will still want to determine what parts of their home to renovate before putting it on the market. Real estate agents say homeowners don’t want to invest too much in renovations because some upgrades may not yield better offers […]
News & Media TAMPA, Fla. – Affordability and supply concerns have hindered the housing market, but the luxury sector has grown significantly and is poised for another strong year. The Business Journals’ Hottest Housing Index of ZIP-Code-level mortgage and real estate data from the Intercontinental Exchange found that some of the strongest growth in […]
TALLAHASSEE, Fla. – Your chances of getting scammed go up seemingly every day. While scams are perpetrated on Americans in every city and state, Florida is a rich target with its older population and growth by the hour. And those who would trick you out of your hard-earned paycheck or your retirement benefits have […]
News & Media WASHINGTON – Single-family home prices nationally increased 5.8% from Q4 2023 to Q4 2024, an acceleration from the previous quarter’s downwardly revised annual growth rate of 5.4%, according to the latest reading of the Fannie Mae Home Price Index (FNM-HPI). On a quarterly basis, home prices rose a seasonally adjusted 1.7% […]
CHICAGO – The concept of an “Instagram-ready home” has emerged as a significant trend, reflecting a growing desire among homeowners to create spaces that are not just functional but aesthetically pleasing and primed to share with the world. But Instagram-ready homes are presenting challenges—and opportunities—for architects and builders. They’re finding they must balance aspirational […]
News & Media WASHINGTON — The U.S. Department of Housing and Urban Development (HUD) has earmarked $14.1 million to support people experiencing homelessness in Florida communities impacted by Hurricane Helene and Milton. The Rapid Unsheltered Survivor Housing (RUSH) funding will be allocated to the State of Florida and 16 jurisdictions to address needs not […]
News & Media By Cora Lewis WASHINGTON – The IRS on Friday announced Jan. 27 as the official start date of the 2025 tax season and expects more than 140 million tax returns to be filed by the April 15 tax deadline. The announcement comes with agency in the midst of a massive overhaul, […]
FORT LAUDERDALE, Fla. – Question: We are buying our first home and are stretching our savings to pay for the down payment and closing costs, not to mention the moving expenses. Our lender sent us our closing cost estimate, which showed that “owner’s title insurance” was optional, even though we were required to purchase […]