NEW YORK — High home prices and mortgage rates keep many American homeowners from moving to a new home. More than 6 in 10 say they’d prefer to remodel their current home rather than move to a new one, according to a new survey of 1,000 homeowners from Clever Real Estate. They’re not letting […]
News & Media NEW YORK — Baby boomers are retiring in record numbers. Retirement often signals a major shift in a person’s life. Many retirees choose to downsize to a more manageable home or move to an affordable area to better stretch their fixed dollars. Others simply want to enjoy a different lifestyle with […]
MIAMI, Fla. — Tropical Storm Rafael, the 17th named storm of the 2024 Atlantic hurricane season, is expected to intensify into a hurricane this week with possible impacts on Florida’s Gulf coast, meteorologists said. While Florida is not expected to see a direct hit from the storm, the National Hurricane Center (NHC) issued a […]
News & Media By Amy Connolly ORLANDO, Fla. – Florida Realtors® released new and updated forms on to help Realtors as they incorporate the practice changes required for the proposed National Association of Realtors® settlement agreement following the Sitzer-Burnett verdict. The forms are located on Form Simplicity. Updated forms: Commission Agreement (CA-8): Updated with the […]
News & Media By Gary M. Singer FORT LAUDERDALE, Fla. – Question: My downstairs neighbor often hangs out on his porch, which is directly under ours, and due to his drinking and smoking pot, we hear loud, explicit conversations into the early morning hours at least twice a month. Our bylaws state that “quiet […]
News & Media By Melissa Dittmann Tracey CHICAGO — All homes make noises, but experts say some sounds are more worrisome than others. After all, 70% of homeowners report eerie sounds or strange smells that turned out to be signs of home maintenance issues, according to a recent survey of about 2,000 homeowners conducted […]
News & Media NEW YORK — Connecting with sellers is increasingly competitive, even when agents provide a stellar listing presentation. Agents who have worked in markets where solid closing skills were an asset will thrive, but, even with that, all agents should follow certain rules: When sellers say they are interviewing more than one […]
News & Media By Mae Anderson NEW YORK — Google is changing the way its Google Local Services ads work, which could affect millions of small businesses. Google Local Services ads run locally and are a big way that small businesses market their goods and services. Ads appear on the top of Google search […]
WASHINGTON — No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut interest rates for a second time this year. The presidential contest might still be unresolved when the Fed […]
WASHINGTON — The first-time homebuyer market share decreased to a historic low of 24% (down from 32% last year), while home buyers’ ages hit all-time highs of 56 years overall (49 last year), 38 years for first-time buyers (35 last year) and 61 years for repeat buyers (58 last year), according to the National […]
NEW YORK — Mortgage rates may be declining, which puts new homebuyers in a better position than just a year ago. The 30-year fixed-interest rate mortgage hit a high of 7.79% in late October 2023; now, we’re seeing this type of mortgage at an average of 6.38% (forecast for the fourth quarter of 2024). […]
NEW YORK — Real estate firms are increasingly using technology to market and sell homes through virtual tours, blockchain-based transactions, online listings and other strategies. By leveraging technology to streamline manual and administrative tasks, real estate professionals free up time to focus on client relationships and the business of buying and selling property, which […]
