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Attend Florida Realtors' convention in Orlando. "I always learn something at the legal sessions," says Realtor Bill Dryburgh. "Keeps me and my business out of trouble."
The 30-year fixed-rate mortgage averaged 4.06% this week – a drop from 4.07% last week and the average 4.66% rate one year ago.
You could lose 1 in 4 potential guests if you don't have Wi-Fi, the "most important amenity" on potential renters' lists. But forget the hair dryer and free snacks.
If you have 20,000 Facebook "friends," who owns those leads – you or Facebook? When an outside firm controls your contacts, they can market to them directly.
How do I answer climate change questions? What business plan would prepare me for future success? Find out: Florida Realtors Convention and Trade Expo, Aug. 23-25 in Orlando.
A new $10K cap on the federal deduction for state and local taxes led to dire predictions for the real estate market – but no large-scale problem has emerged yet.
Remember wallpaper? Avocado and harvest-gold refrigerators? Some of today's hottest trends – barn doors or glassless showers, for example – may not age well.
A move to approve more FHA condo loans could boost some Fla. markets, give renters access to affordable loans and entice more millennials to pursue ownership.
"I am confident she will bring even more success to our organization and our industry in her new role as vice president," says Florida Realtors CEO Margy Grant.
Only a few seats remain for Florida Realtors Women in Real Estate (WIRE) conference on June 5, and pre-registration ends on May 29 – one week from today. Be inspired.
The NAR-backed Equality Act denies discrimination in housing, credit, employment and more. It needs Senate approval and the president's signature to become law.
NAR: What if a contractor, fellow renter or temporary guest harasses a renter protected by the Fair Housing Act? The landlord may still be legally responsible. Lawyer advice: "Property managers have no legal entitlement to stay out of tenant disputes."
Experts are rethinking their 2019 mortgage-rate predictions as rates move closer to the 4% mark. Freddie Mac recently downgraded its forecast to an average 4.3% for this year, and it foresees little change even in 2020 – a 4.5% average for next year.
Artificial intelligence (AI) can automate tasks, and customers impressed with an agent who "got back to me right away" may soon be talking to a machine. A Realtor's next tech challenge may be, "How do distinguish myself from a chat bot?"
Fla. Realtors data: Existing home sales up 6.2%, condo sales up 3.2% year-over-year. Median prices up 2.6% for single-family homes, 2.1% for condos. April was "easily the strongest month so far this year for home sales," says Chief Economist O'Connor.
One expert thinks millennials moved to cities in this decade's first five years but got stuck there, postponing plans and waiting for the recession to end.
The pres. extolled achievements that help real estate practitioners, such as the 20% pass-through tax deduction for independent contractors and opportunity zones.
While the industry always has challenges, the future looks good. One big reason renters may become buyers? They see equity growing for their home-owning friends.
Two new homeownership loan programs will debut in June and provide affordable housing resources for Floridians impacted by Hurricane Michael.
But the decline only dinged new-home sales so far this year, which are up 6.7%. A big contribution to the decline last month? Homes selling for $300K or less.
Underlying property fundamentals remain strong, cost of capital low and investors still have a lot of capital to deploy, suggesting an uptick later this year.
Customers put too much faith in online estimates. While they're getting more accurate, even Zillow's chief economist calls a RE agent when she's ready to sell.
Almost every buyer wants a laundry room. Patios, ceiling fans, storage space, walk-in pantries/closets and great backyard space also rank high.
For some people, a tiny home is an option they can afford, and as more local gov'ts face an affordable housing crisis, they're changing zoning to accommodate them.
New homes are bolstered to minimize damage in a national disaster, but builders say older homes aren't built to withstand hurricanes, earthquakes or tornadoes.
NAR's Board of Directors met Saturday. They voted to extend Realtors' "That's Who We R" campaign ($35-per-member) and update Code of Ethics and MLS rules.
NAR's chief economist isn't overly concerned with April's 0.4% dip in sales and predicts the market will return to moderate monthly sales growth very soon.
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