News & Media MIAMI — Florida’s real estate market has often been a predictor of national real estate trends, and the market has recently been infused with funding from international and domestic developers for major projects. Smaller developers, however, shouldn’t feel squeezed out. With solid business plans, small developers can compete with larger players […]
News & Media WASHINGTON — The top lawmakers on the House Financial Services Committee introduced a bill that would direct regulators to study the potential benefits and risks of artificial intelligence in the financial and housing markets and propose possible regulations. The lawmakers also introduced a related resolution that, among other things, states the […]
WASHINGTON — A strong majority of adults aged 50 and older (75%) wish to remain in their current homes as they age, and 73% hope to stay in their communities — significantly higher than younger adults aged 18-49 (60% and 63%, respectively) — but existing housing policies and community infrastructure are not keeping pace […]
ORLANDO, Fla. — New data from the Census Bureau, released in early September, provided additional insight into migration patterns through 2023. Trends that began during the pandemic have continued, though at a less dramatic clip, with Florida cumulatively being the No. 1 net recipient of domestic migration from 2020 through 2023. The latest data […]
News & Media By Amy Connolly ORLANDO, Fla. — The latest Consumer Guides by the National Association of Realtors® clarifies the difference between agency and non-agency relationships between buyers, sellers and real estate professionals and outlines the appraisal process. The two guides – Agency and Non-Agency Relationships and The Appraisal Process – are the […]
NEW YORK — The end of the year is upon us and that often involves decorating a home in its holiday finest. According to Today’s Homeowner, nearly 70% of Americans plan to display outdoor holiday decorations. Everyone has a different vision of a well-appointed holiday home, but there’s always room to make things more […]
NEW YORK – The average square footage of a house in the United States is 2,430 square feet, according to the National Association of Home Builders. That figure varies significantly from state to state, however, with averages ranging from 1,164 square feet all the way up to 2,800 square feet. Average home sizes tend […]
NEW YORK — To create a foundation for stability, sustained growth and opportunity in unpredictable real estate markets, firms need to undergo a self-assessment of what is working and what isn’t. This includes reviewing how leads are generated, the client management system and processes and marketing and communication strategies. Firms should solicit feedback and […]
MIAMI — Aging experts unveiled a grim outlook for aging seniors who increasingly are impoverished and dependent on government help to get by. And in South Florida, they say the numbers are reaching more of a crisis level as the number of seniors grow, often with no pensions and not enough savings — relying […]
WASHINGTON — Consumers are growing more optimistic about the housing market, anticipate improvements to their financial situation in the next year and expect mortgage rates to fall, the Fannie Mae Home Purchase Sentiment Index (HPSI) found. The HPSI, a consumer housing market confidence gauge, increased 0.4 points in November to 75.0, continuing its sharp […]
SANTA CLARA, Calif. — Nine metro areas in Florida rank among the top 100 U.S., housing markets that are primed and ready for growth in 2025, standing out for their affordability, inventory gains driven by new construction and their appeal to younger, diverse buyers with strong military and international connections, according to Realtor.com. Two are […]
NEW YORK — Owning a vacation home can be an enticing prospect. When you shift from tourist to homeowner in a location you love, it’s easier to visit whenever you wish, and the home provides a getaway to create happy memories with family and friends. But owning a second home is a big responsibility […]