Condo Owner Breaking Rules by Feeding Wildlife

​Most community associations ban residents and guests from feeding wildlife. But if owners keep breaking the rules, it may require legal action. 

Families Spending 38% of Income on Mortgage

​NAHB: In 4Q 2024, a family earning the nation’s median income of $97,800 needed 38% of its income to cover the mortgage payment on a median-priced new home. 

How to Use AI for Real Estate Market Analysis

​AI tools can speed up and automate data collection, review demographic trends and reduce the potential for human error in real estate market analyses. 

30-Year Mortgage Average Rate Slips to 8-Week Low

​Freddie Mac: It fell to 6.85%, its lowest level since late Dec. and eased for the fifth week in a row. A year ago, the 30-year FRM averaged 6.90%. 

Florida Continues to Gain Million-Dollar Earners

​The state had an 8% increase in million-dollar earners from 2021 to 2022, reaching 77,670, according to the IRS. But nationwide, that number dropped by 2%. 

Many Families Spend 38% of Income Paying Mortgage

​ WASHINGTON — Illustrating the housing affordability challenges facing Americans, the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in the fourth quarter of 2024, a family earning the nation’s median income of $97,800 needed 38% of its income to cover the mortgage payment on a median-priced new home. […]

Florida Realtors’ President Unveils 2025 Vision

​ News & Media By Amy Connolly ORLANDO, Fla. – As Florida Realtors®’ 2025 president, Tim Weisheyer is spearheading initiatives to drive innovation, enhance member value and ensure the fundamental right to property ownership and entrepreneurship. Weisheyer, in an exclusive interview with Keycrew Journal, highlighted Realtors®’ role as industry authorities and the strategy for shaping […]

Builder Confidence Drops in February

​ WASHINGTON – Builder sentiment fell sharply in February over concerns on tariffs, elevated mortgage rates and high housing costs. Builder confidence in the market for newly built single-family homes was 42 in February, down five points from January and the lowest level in five months, according to the National Association of Home Builders (NAHB)/Wells […]

U.S. Foreclosure Activity Increased in January

​ IRVINE, Calif. – A total of 30,816 U.S. properties had foreclosure filings — default notices, scheduled auctions or bank repossessions – in January, up 8% from the prior month but down 7% from a year ago, according to the real estate analytics firm ATTOM. “January showed a monthly increase in foreclosure filings that may […]

Real Estate Q&A: Can I End Joint Ownership?

​ FORT LAUDERDALE, Fla. – Question: As a single mom, I bought a house with my son about a decade ago. We used both incomes to qualify for the mortgage and split the costs. A few years later, he began a relationship, and his significant other moved in. Eventually, I met someone, and we want […]

Redfin: Florida Leads in All-Cash Sales

​ SEATTLE — Just under one-third (32.6%) of U.S. home purchases were made in cash in 2024, down from 35.1% the year before and the lowest share since 2021. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Still, all-cash sales made up a bigger piece of the homebuying pie […]

Questions About New Condo Requirements?

​ News & Media By Amy Connolly TALLAHASSEE, Fla. – Since the deadly collapse of the Champlain Towers South building in Surfside, Florida lawmakers have enacted three condominium-related bills that have impacted how owners, board members, community association managers and other stakeholders manage safety, maintenance and transparency-related issues in condo buildings. The Florida Legislature sought […]