Down Payments at Record High
Nationwide, buyers are putting down more money to offset high mortgage rates. Two Florida cities, however, rank among the lowest for median down payments.
RE Q&A: How Long Should I Keep Condo Sale Records?
Financial pros generally recommend keeping financial records for seven years. Check with the IRS and state tax collectors’ websites for the specifics.
Your Guide to Becoming an Influencer
What does it take to become a social media influencer? Providing a mix of relatable and aspirational content that traditional advertising often fails to deliver.
Survey: Pets Drive Homebuying, Renovation Decisions
Real estate professionals are figuring out ways to highlight pet-friendly property features to entice consumers.
Consumer Sentiment Inches Up
After four straight months of declines, consumer sentiment in August increased 1.5 index points above July, according to the University of Michigan.
Claims of Guaranteed Savings
A Realtor advertised his services with guaranteed savings but was unable to provide it. The ethics panel deemed the slogan misleading, since savings couldn’t be guaranteed in every case.
U.S. Foreclosure Activity in July Up 15% From June
Fla. was 2nd in states with most foreclosure starts, Miami was one of the major metros with most foreclosure starts and Jacksonville was for highest foreclosure rates.
New U.S. Rules to Try to Combat Money Laundering
The new regulations require real estate pros and investment advisors to report cash sales of residential real estate sold to legal entities, trusts and shell companies.
Idalia Caused $372M in Flood Claims
A year after Hurricane Idalia made landfall in North Florida., FEMA says the National Flood Insurance Program handled 5,200 claims and paid out $372 million.
Pending Home Sales Dropped 5.5% in July
Citing affordability issues, NAR reported contract signings declined in all four U.S. regions month over month, while pending sales were down 8.5% year over year.