A Realtor is a professional in the field of real estate. After pre-qualifying courses, Realtors sit for a licensing exam. After passing, they become members of the local industry association and begin developing their real estate career. Choosing the right Realtor is important. We take each client's needs seriously when making a major decision like selling or buying real estate. With initial expectations established, a healthy understanding of the process and all of the appropriate data and information to make decisions, the rest of the process should be swift and seamless! Set your expectations high!
December 7, 2023
Newsletter/Magazine Article
It’s down from last week’s 7.22% average for a 30-year, fixed-rate loan. Freddie Mac’s chief economist says they need to drop more, but it’s a “welcome relief.”
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December 7, 2023
Newsletter/Magazine Article
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As many as 8,000 new homes and businesses could come to the Keys, sparking worries about traffic and evacuations, among other concerns.
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December 7, 2023
Newsletter/Magazine Article
Researchers from Apartment List predict rent growth will be in single digits. Sun Belt States’ supply increase will moderate the rate of rental increases.
December 6, 2023
Newsletter/Magazine Article
The $114B proposal looks to renew affordable housing programs, lower insurance costs, add tax holidays, encourage growth and boost home mitigation.
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December 5, 2023
Newsletter/Magazine Article
Most (72%) real estate investors say the market is as good or better than it was last year, and 75% expect stability or improvements over the next six months.
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December 5, 2023
Newsletter/Magazine Article
The new-homes' growth rate fell in 3Q, as it did in the two previous quarters, says NAHB. Single-family and multifamily saw the biggest expansion in U.S. exurbs.
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December 5, 2023
Newsletter/Magazine Article
Redfin released its annual housing forecast, predicting younger families will embrace the renter lifestyle with gusto in 2024, along with other thoughts on the new year.
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December 4, 2023
Newsletter/Magazine Article
Lenders are offering free refinancing to get buyers into homes, but proceed with caution and read the fine print.
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December 2, 2023
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Tourism is big business in Florida. That's why Florida Realtors monitors legislation surrounding resorts and second homes.
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December 1, 2023
Newsletter/Magazine Article
While mortgage rates moving closer to 6% will draw buyers into the 2024 housing market, several economists don’t think it will create a similar rush of sellers listing their homes
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November 30, 2023
Newsletter/Magazine Article
It’s the lowest rate for a 30-year, fixed-rate mortgage since Sept. Freddie Mac calls it an “encouraging development” for buyers as the market sentiment shifts.
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November 30, 2023
Newsletter/Magazine Article
A FHA 203(k) loan allows borrowers to roll upgrade costs into their first mortgage. HUD says loan-change proposals will help “millions of homebuyers and homeowners.”
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Newsletter/Magazine Article
For a one-unit Single Family Title II forward mortgage, the base limit will be $498,257 and go as high as $1,149,825 in selected areas of Fla.
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November 29, 2023
Newsletter/Magazine Article
U.S. consumer spending – coupled with easing inflation and resilient hiring in the third quarter – raises hopes for a soft landing to offset a possible recession.
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November 28, 2023
Newsletter/Magazine Article
For the third quarter (3Q), home prices rose 5.5% year-to-year and 2.1% quarter-to-quarter as a dearth of listings pushed the rate of price increases even higher.
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November 27, 2023
Newsletter/Magazine Article
Sales were down 5.6% month-to-month, but they’re up 17.7% year-to-year and up 4.6% so far in 2023. About 30% of all Oct. home sales were new construction.
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November 27, 2023
Newsletter/Magazine Article
To measure housing-cost inflation, the Consumer Price Index uses “the current cost to rent the house you own,” even though many mortgage payments won’t change.
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Newsletter/Magazine Article
Frustrated would-be home buyers may be spending money that would have gone toward a house on current home renovations, vacations or on 529 college savings accounts.
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November 21, 2023
Newsletter/Magazine Article
Florida Realtors: Fla.’s single-family median price up 2% ($410K), condo median up 3.9% (over $321K). Pending sales and new listings rose in both property categories.
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November 21, 2023
Newsletter/Magazine Article
Total sales fell 14.6% year-over-year. Single-family home sales were down 4.2% month-to-month and down 14.6% year-over-year. Single-family median price was $396,100.
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November 21, 2023
Newsletter/Magazine Article
NAHB: Attitudes about current production conditions for multifamily housing ranked low, while attitudes about occupancies in existing apartments rated highly positive.
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Press Release
ORLANDO, Fla. – Florida’s housing market continued to show improving inventory levels (active listings) statewide in October, along with stabilizing median prices compared to a year ago, according to Florida Realtors®’ latest housing data.
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November 20, 2023
Newsletter/Magazine Article
The BOD supports a tax policy proposal for a temporary tax credit for long-time owners of single-family homes to encourage them to sell their home to an owner-occupant.
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Newsletter/Magazine Article
Zonda’s New Home Lot Supply index showed the U.S. lot supply loosened year-over-year in the 3Q. But Miami was in the top 3 for tightest lot supply among major markets.
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November 20, 2023
Newsletter/Magazine Article
At an NAR panel last week, industry experts said that when multiple generations live together, it can help address affordability concerns and homeownership gaps.
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November 17, 2023
Newsletter/Magazine Article
Freddie Mac Chief Economist: “New data indicate inflationary pressures are receding” – which, along with lower mortgage rates, may lure more homebuyers into the market.
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November 17, 2023
Newsletter/Magazine Article
Overall housing starts rose 1.9% to a seasonally adjusted rate of 1.37M units. NAHB chair: A lack of for-sale existing homes supported new construction demand.
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November 17, 2023
Newsletter/Magazine Article
Answer: More goods, workers and housing. Overall inflation didn’t rise from Sept. to Oct., the 1st time consumer prices haven’t changed month to month in over a year.
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November 17, 2023
Newsletter/Magazine Article
As artificial intelligence and technology evolve, AI can transform some tasks real estate pros do, like automating marketing or making home showings more efficient.
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Newsletter/Magazine Article
NAR attorneys: Real estate professionals should maintain clear communication with clients about the services they provide and how they get paid.
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November 16, 2023
Newsletter/Magazine Article
CoreLogic: Nine out of 10 residential properties are still selling for a profit in 3Q 2023, despite the recent downturn in the housing market.
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November 16, 2023
Newsletter/Magazine Article
NAHB’s index for builder confidence fell six points to 34, the lowest level since Dec. 2022. But some data indicates improving conditions ahead.
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November 15, 2023
Newsletter/Magazine Article
Florida Realtors economist: Understanding the financial impact of current mortgage rates can help Realtors relate to their clients’ all-important number: their monthly payment.
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November 15, 2023
Newsletter/Magazine Article
Economist Lawrence Yun predicts that home sales will rise by 15% next year, and by spring, mortgage rates will hover in the 6% to 7% range.
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November 15, 2023
Newsletter/Magazine Article
Advocacy efforts will focus on keeping must-have programs going, like flood insurance, and pushing for programs that increase listings and boost fair housing efforts.
