ATLANTA — Black homebuyers are obstructed by systemic racism and economic factors like high interest rates and investor purchases. But speakers at the National Association of Real Estate Brokers (NAREB) Black Wealth Summit were enthusiastic about the progress, insisting that the journey towards homeownership and generational wealth is worth pursuing. The summit at Clark […]
NEW YORK — With the holiday season upon us, it’s hard to avoid the constant barrage of seasonal decor ideas. Social media pages are constantly promoting the latest trends, while store aisles are covered in ornaments, wreaths, and other products. But how much decor do you really need? We called on design experts to […]
TALLAHASSEE, Fla. — Rent increases are forcing many Florida seniors to move, and they’re among the hardest hit in the country, a new survey suggests. The new survey from Retirement Living, an Oklahoma-based retirement planning company, used U.S. Census data to show more than 35% of seniors age 65 and older in Florida reported […]
TALLAHASSEE, Fla. — Predicted to be hyperactive, the 2024 Atlantic hurricane season delivered a mighty punch to storm-weary Floridians. The hurricane season, which began June 1 and wraps at the end of the month, produced 18 named storms, including 11 turbocharged hurricanes. Despite some calm spells, both the number of storms and the number […]
News & Media By Chris Rugaber WASHINGTON — Americans’ outlook on the economy improved modestly in November, lifted by expectations for lower inflation and more hiring. The Conference Board, a business research group, said Tuesday that its consumer confidence index ticked up to 111.7 from 109.6 in October. The small increase followed a large […]
WASHINGTON — Steadily rising mortgage rates coupled with ongoing affordability challenges kept many potential home buyers on the sidelines in October. Sales of newly built, single-family homes in October declined 17.3% to a 610,000 seasonally adjusted annual rate, according to newly released data from the U.S. Department of Housing and Urban Development and the […]
News & Media By Joel Maxson ORLANDO, Fla. — Florida Realtors® forms include an Exclusive Buyer Brokerage Agreement (EBBA) and Exclusive Right of Sale Listing Agreement (ERS). The EBBA recently had significant modifications, and one of those changes is that it now includes a conditional termination clause that’s much like the one we’ve had […]
ORLANDO, Fla. — The Florida Statutes have an entire chapter just for real estate licensing. Within Chapter 475, there are many rules, some a bit quirky and not discussed frequently. There is a requirement that all listing agreements must have: a definite expiration date, description of the property, price and terms, fee or commission, […]
NEW YORK – Homeownership is a dream for millions of people across the globe. The National Association of Realtors® indicates real estate has historically exhibited long-term stable growth in value. Money spent on rent is money that a person will never see again. However, paying a traditional mortgage every month enables homeowners to build […]
News & Media By Amy Connolly WASHINGTON — The U.S. Small Business Administration (SBA) is encouraging business owners, homeowners and renters who suffered economic losses due to Hurricane Helene to apply for working capital disaster loans before the deadline on Wednesday (Nov. 27). Links to /about/charities/disaster-relief-fund Realtors helping others in times of need is […]
CHICAGO — The number of homes that fall under a homeowners association is rapidly growing, and real estate professionals play an important role in educating their clients about the pros and cons of HOAs. About 75.5 million Americans reside in a community that’s governed by a homeowners association, representing more than 30% of the […]
MIAMI – As water temperatures continue to rise due to human-caused climate change, hurricanes are getting stronger. That’s the conclusion of two new reports released this week by Climate Central. In the first report, all Atlantic hurricanes from the 2019 to 2023 hurricane seasons were analyzed. The report found that human-driven sea surface temperature […]