Watching the Clock: New Time Rules, Updated Forms

​ News & Media By Heather Rhodes ORLANDO, Fla. –  Whether you’re counting inspection deadlines or need to know what happens if a loan approval period ends on a Saturday, we turn to the contract’s time provision. Knowing how time is calculated and counting it accurately is imperative to the success of any transaction. Let’s […]

Why Estoppel Certificates Matter in Real Estate

​ MIAMI – When buying or selling real estate in Florida, a lot of details need to be ironed out before closing. One of the most important steps in the process is obtaining an estoppel certificate. But what exactly is it, and why is it crucial to get it before closing? In this blog post, […]

Trademarking a Business Name: A Step-by-Step Guide

​ NEW YORK – Creating a unique business name is one of the most exciting parts of starting a new business. This name is a key feature of your brand, and it’s smart to protect it with a registered trademark. A trademark could be a word, phrase, tagline or logo associated with your product or […]

Why Can’t I Amend a Florida Supreme Court Lease? (But I Can Amend a Florida Realtors/Florida Bar ASIS Contract)

​ ORLANDO, Fla. – Way back in the 1990s (1992 to be exact) the Florida Bar issued an Advisory Opinion. The question at hand was, “Whether it constitutes the unlicensed practice of law for a Florida real estate licensee and/or other nonlawyer to draft a residential lease up to one year in duration for another […]

NAR Adds Flexibility for Sellers

​NAR’s new policy lets MLSs set a delay period before sellers and agents market properties publicly through IDX or syndication. 

New Home Sales Edge Higher in February

​Sales of newly built, single-family homes in February increased 1.8% thanks to slightly lower mortgage rates. Inventory was up 7.5% compared to a year earlier. 

Creating a Peaceful Backyard Retreat

​A relaxing backyard space could include water features, shaded spots and multiple gathering spaces. Backyard retreats may boost home value by 3.1%. 

Hispanic Homeownership Hits Record High

​In 2024, 9.8M Hispanic households owned homes, but the rate fell as household growth outpaced ownership. NAHREP urges action on affordability and supply. 

Bigger Down Payments Continue in Q4 2024

​The typical Q4 down payment was $30,250, slightly below Q3 but $3K higher year-over-year. Higher home prices and rates were keeping down payments elevated. 

Pending Home Sales Advanced 2.0% in February

​Pending home sales in the South rose 6.2% in February, leading regional gains. The South remains a stronger market than other regions. 

Seller’s Guide to Navigating Multiple Offers

​NAR’s latest Consumer Guide provides sellers with insights on evaluating several offers, negotiation strategies and other useful information. 

Average 30-Year Mortgage Rate Falls Slightly

​Rates on 30-year mortgages fell to 6.65% from 6.67% last week, while rates on 15-year mortgages rose to 5.89% from 5.83% last week, Freddie Mac said.