News & Media WASHINGTON – Mortgage interest rates have been headlining financial news segments for several years running. Much of that news has been met with less than open arms, as rates have risen dramatically in recent years, an increase that is related to the ripple effect of the Covid-19 pandemic. Mortgage interest rates […]
NEW YORK — The Small Business Administration has run out of money for the disaster assistance loans it offers small businesses, homeowners and renters, delaying much needed relief for people applying for aid in the wake of the destruction caused by Hurricanes Helene and Milton. The SBA offers Economic Injury Disaster Loans to businesses […]
NEW YORK – Now that the threat of Hurricanes Helene and Milton has receded, millions of homeowners and business-owners across Florida and the Southeastern U.S. are faced with traversing the often long and laborious process of using insurance to rebuild their lives. “You’re just traumatized when you have these losses. At some point, you’re […]
TALLAHASSEE, Fla. – New aid initiatives launched to support Florida residents as they continue their recovery from Hurricanes Milton and Helene, with a focus on services that will help homeowners, renters and those who have lost sources of income due to the storms. Links to /about/charities/disaster-relief-fund Realtors helping others in times of need is […]
NEW YORK – A shortage of affordable housing is a big theme in the election this fall, and both presidential candidates have offered proposals to build more homes. In one corner of the real estate investment business, a growing trend is developing to address that very problem: converting failing hotels or motels into apartments. […]
SARASOTA, Fla. – William Fulford moved from Virginia Beach, Virginia, to a new waterfront development in Florida in 2023. Nestled between Sarasota Bay and the southwestern part of Tampa Bay, the new home by Bradenton Beach was everything Fulford, a retired custom homebuilder, ever wished for. The developers of the new Hunters Point community, […]
NEW YORK — Today’s younger homebuyers face a variety of challenges, from high home prices to elevated interest rates. However, 57% of baby boomers surveyed in a new study by Clever Real Estate believe they could achieve their homeowner dreams, they just need to put in more effort. The majority of baby boomers — […]
SEATTLE – Both buyers and sellers are showing up with more interest as lower mortgage rates provide a boost to the housing market’s “last call” before the shopping season winds down. Another break in mortgage rates over September brought a flurry of activity, according to the latest market report from Zillow, which, depending on […]
News & Media By Amy Connolly TALLAHASSEE, Fla. — Hurricanes Helene and Milton caused billions of dollars in damages across the state with the Tampa Bay and Sarasota-Bradenton areas taking the biggest hits. Links to /tools-research/hurricane-resources/helene-recovery-assistance-realtors-resources We have gathered resources for Realtors in Florida to help you recover and rebuild. The counties with the […]
TALLAHASSEE – Despite warnings from two leading insurance rating agencies that Hurricane Milton weakened or threatened Florida’s troubled home insurance market, local experts say the market can manage losses from Milton and are ready to cover yet another hurricane, if one should come. AM Best and Fitch Ratings each issued reports last week warning […]
News & Media By Dina Cheney CHICAGO – For brokers, the right paperwork is essential for compliance with rules and regulations and for guiding agents and staff. Fortunately, you don’t need to reinvent the wheel when putting these materials together. Between the National Association of Realtors®, your state and local real estate boards and […]
PORT CHARLOTTE, Fla. – Marilyn Gladish spent Friday picking trash from the wet goo that had accumulated on her front lawn while workers power washed mud that had infiltrated her ground-floor garage. But the 83-year-old’s home — built high up on pilings — wasn’t damaged. Everything inside, from furniture to a lifetime of keepsakes, […]