Homebuying Heats Up in Northeast Florida

​ News & Media JACKSONVILLE, Fla. – Data from the Northeast Florida Association of Realtors (NEFAR) revealed a 31.5% increase in closed sales for February, totaling 1,491 sales closed, compared to the month before. Median prices of single-family homes increased 2.8% to $385,000 for Northeast Florida. Homes also remained on the market a median of […]

Mastering Real Estate Branding

​ News & Media NEW YORK – Real-estate branding is more than just a catch phrase. It should encapsulate a team’s unique value proposition (UVP), establish a cohesive brand identity and make strong visual and emotional connections to the market and its stakeholders, luxury real estate professional Chris Pollinger said. Consider the following when developing […]

AI at Home: Five Ways AI Enhances Smart Living

​ NEW YORK – The integration of AI in smart homes is revolutionizing our living experience. While voice assistants like Alexa, Siri and Google Assistant have been around for some time, new advancements are making smart home technologies more personalized and intuitive. Aqara’s Home Copilot: At CES 2024, Aqara introduced the Home Copilot, a new […]

Buyers Among Those Anxiously Awaiting Rate Cuts

​ WASHINGTON — Across the United States, many people are eagerly anticipating the Federal Reserve’s first cut to its benchmark interest rate this year: Prospective home buyers hope for lower mortgage rates. Wall Street traders envision higher stock prices. Consumers are looking for a break on credit card debt at record-high interest rates. Not to […]

Some Florida Cities See Jump in Active Listings

​ MIAMI – Active listings, or the total supply of homes for sale, in Cape Coral, North Port and Fort Lauderdale saw the biggest jump in the nation in February, the real estate brokerage firm Redfin reported. Nationwide, active listings climbed 0.8% from a month earlier on a seasonally adjusted basis and were little changed […]

Builder Confidence Peaks Since July 2023

​ WASHINGTON – Builder confidence in the single-family home market climbed three points in March, driven by a lack of existing inventory, strong demand and falling mortgage rates pushing buyers to new construction, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The rise in the builder confidence index to […]

Indian River, Collier Rental Investors See Returns

​ MIAMI – Owners of single-family rentals in Indian River and Collier counties are leading the nation in returns on their investments due to rising rents in conjunction with other market forces that are driving rental demand, according to the property data analytics company ATTOM. According to ATTOM’s newly released Q1 2024 Single-Family Rental Market […]

Best Practices for a Healthy Credit Score

​ NEW YORK – Your credit score is one of the most important numbers in your financial life. It plays a crucial role in determining individuals’ access and eligibility for loans, credit cards, mortgages, rental applications, and more. However, it’s not a static number and requires continuous monitoring and maintenance by individuals. As data breaches […]

Americans Living Farther from Work in Bigger Homes

​ NEW YORK – Freed, perhaps, from a daily jaunt to the office, the average American worker now lives almost three times farther from their job than they did before the pandemic, research shows. Workers’ average distance to their employer increased from 10 miles in 2019 to 27 miles in 2023, according to a study […]

U.S. Consumer Sentiment Ticks Down Slightly

​ News & Media By Christopher Rugaber WASHINGTON — Consumers became slightly less optimistic about the economy this month, though they continue to expect inflation to cool further, a potential sign that price increases will keep slowing. The University of Michigan’s consumer sentiment index, released Friday in a preliminary version, slipped to 76.5 in March, […]

NAR Agrees to Proposed Litigation Settlement

​ ORLANDO – The National Association of Realtors® (NAR) announced a proposed $418 million settlement agreement to the Sitzer-Burnett verdict that would end litigation of claims brought by home sellers related to broker commissions. The agreement resolves claims against NAR, more than one million NAR members, state/territorial and local Realtor® associations, all association-owned MLSs and […]

Tips for Breaking Into the High-End Market

​ News & Media NEW YORK – Real-estate professionals have their own networking and lead generation strategies, but most believe that they can “will” their luxury market success into being. Whether that means following up with a potential home buyer that initially ghosted you or you enter the room with confidence you may not feel. […]