News & Media By Amy Connolly ORLANDO, Fla. — Property taxes are one of the expenses associated with homeownership, yet many buyers — especially those purchasing for the first time — have questions about how they work. The latest Consumer Guide by the National Association of Realtors® provides clarity on some key details and […]
FORT LAUDERDALE, Fla. — Question: Our homeowners association has decided to boot vehicles instead of having them towed for various violations. Our community has single car garages and a space in front of the garage for the second car. Could the association and tow company be at risk for a lawsuit if both cars […]
News & Media NEW YORK — As the Silver Tsunami of retiring baby boomers continues to sweep the nation, savvy real estate professionals should be readying themselves for opportunities that come with the shift. In 2024, more Americans than ever turn 65 – a trend that will continue through 2027. Economists have labeled the […]
News & Media By Alex Veiga WASHINGTON — The average rate on a 30-year mortgage in the U.S. eased for the sixth week in a row, a welcome boost in purchasing power for home shoppers just as the annual spring homebuying season gets going. The average rate fell 6.76% from 6.85% last week, mortgage […]
News & Media NEW YORK — High-income earners establish habits that fuel their success from sunrise to sunset, and these simple habits, when repeated daily, create a force that carries them forward. Rather than start the day by checking emails, social media and their phone, high-income earners capture their big ideas and strategies in […]
NEW YORK — Today’s data-driven world can be overwhelming, but artificial intelligence (AI) tools can reduce the time-consuming nature of data analysis and reduce the potential for human error in real estate market analyses. AI can speed up and automate data collection, trend identification and high-precision predictive forecasting, which agents and brokers can use […]
NEW YORK — Hoping to buy a home in 2025? You’re not alone. According to a survey commissioned by NerdWallet and conducted online by The Harris Poll in November 2024, 15% of Americans plan to buy a home in the next 12 months. That is the highest share since we first asked that question […]
TALLAHASSEE, Fla. — The state’s Citizens Property Insurance Corp. last week shed about 100,000 policies, with its number of customers dropping to the lowest total in nearly three years. Citizens, which was created as an insurer of last resort but ballooned in recent years to become the state’s largest insurer, had 844,688 policies as […]
WASHINGTON — Pending home sales pulled back 4.6% in January according to the National Association of Realtors®. The Midwest, South and West experienced month-over-month losses in transactions – with the most significant drop in the South – while the Northeast saw a modest gain. Year-over-year, contract signings lowered in all four U.S. regions, with […]
CHICAGO — Starting this year, all National Association of Realtors® members will be required to complete approved fair housing training in sync with the three-year Code of Ethics cycle from Jan. 1, 2025, through Dec. 31, 2027. You can satisfy this requirement online at no cost with Fairhaven 2.0, NAR’s innovative fair housing education […]
ORLANDO, Fla. – Now that we’re in a post-NAR settlement landscape, if a Realtor® or MLS participant is working with a buyer, they will need a written agreement prior to touring a home. Florida Realtors® has created and updated multiple buyer agreements options in recent months. One of those updates makes it so that […]
ORLANDO, Fla. – Florida law states that unless a residential real estate broker provides a single agent or no brokerage relationship disclosure to their customer, the broker is presumed to be a transaction broker. But what does that mean? Transaction broker is defined in Section 475.01(1)(l), Florida Statutes. A transaction broker can represent a […]