News & Media ST. LOUIS – The typical American homeowner now spends an average of $24,529 annually, or $2,044 monthly, on home expenses in addition to their mortgage — up from $17,958 in 2024, according to new research from Real Estate Witch, an online publication owned by Clever Real Estate. Over the course of […]
NEW YORK — American homeowners are flush with equity these days. However, stubbornly high mortgage rates have changed the way they tap that pile of wealth. In short: Cash-out refinancing is out, and home equity lines of credit (HELOCs) are in.t Homeowner wealth still high As of late 2024, American homeowners were sitting on […]
ORLANDO, Fla. – Florida Realtors® recently selected 15 Realtor® members to participate in its 19th annual Leadership Academy. The Leadership Academy was established to identify emerging Realtor leaders ready to get involved, make a difference and enhance their leadership skills. The goal of the Academy is to empower its participants to develop the skills […]
GAINESVILLE, Fla. — Consumer sentiment among Floridians inched up two-tenths of a point in January to 86.9 from a revised figure of 86.7 in December. In contrast, national consumer sentiment declined for the first time in six months, dropping nearly 3 points. “Floridians begin the year with improved views about current economic conditions but […]
TALLAHASSEE, Fla. – Gov. Ron DeSantis late Sunday proposed a $115.6 billion budget for the 2025-2026 fiscal year that calls for increasing pay for state law-enforcement officers and firefighters, eliminating a commercial-lease tax and holding a new sales-tax “holiday” on guns and ammunition. Gov. Ron DeSantis’s proposed 2025-2026 budget would positive affect some of […]
News & Media NEW YORK – To grow a real estate business, agents and owners need to make their expertise known to the local market and remain authentic in client and business interactions. This can include showing up for community activities, sending consistent direct mail campaigns and offering services through YouTube or other social […]
WASHINGTON — If one reminisces about 1995, one may remember their real estate office equipped with Windows 95. Fax machines were a staple in business communication, but electronic mail was slowly emerging as more common. VHS tapes were the most popular way to watch a movie, and CDs were becoming more common, replacing cassette […]
News & Media TALLAHASSEE, Fla. – Visit Florida is again hoping a British television personality will help its efforts to return to pre-pandemic levels of tourism from overseas. Last year, the state tourism-marketing agency worked with Ipswich farmer and television personality Jimmy Doherty on a five-part culinary tour of Florida. This year, ITV presenter […]
CHICAGO – The National Association of Realtors® today announced the opening of applications for its 2025 Good Neighbor Awards. The program honors real estate agents who demonstrate exceptional dedication to volunteer service and have lasting impacts on their communities. “The Good Neighbor Awards represent the best of who we are as Realtors®,” said NAR […]
Question: Our association adopted a rule banning all smoking anywhere on the premises, including inside individual units, except for a small, designated area outside. The rule was passed by a vote at our annual membership meeting and passed. We have owned our home here for 25 years, and no one ever complained about my […]
NEW YORK – After several years of challenges and shifting market trends, 2025 has arrived with the promise of lower interest rates, product absorption, and increased market activity. Whether 2025 will deliver on these expectations remains to be seen, but for those who have weathered the storm and “stayed alive until ’25”, there are […]
ORLANDO, Fla. – Is Florida’s housing sector on the cusp of transitioning to a buyer’s market? The answer could be yes, especially in some local areas, according to Florida Realtors® Chief Economist Dr. Brad O’Connor, who spoke to standing room crowd of Realtors® at the 2025 Florida Real Estate Trends summit last week during Florida […]