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Month: April 2024

Mortgage Rates Rise Slightly This Week

Posted on April 4, 2024 by

The average interest rate on a 30-year mortgage was up slightly again this week, to 6.82% from 6.79%, reflecting the consistent fluctuation over the recent weeks.

Posted in Industry News

Demand Remains High for Florida Luxury Properties

Posted on April 4, 2024 by

Buyers in Florida’s booming luxury market are seeking properties with smart home technology, access to nature and sophisticated security systems.

Posted in Industry News

Real Estate Pros Say Florida’s Future Looks Bright

Posted on April 4, 2024 by

Real estate professionals say new construction is offering attractive incentives as the housing market stabilizes. The shifting market has given buyers more options.

Posted in Industry News

Seize New Opportunities in Global Real Estate Tech

Posted on April 4, 2024 by

Efforts like the NAR Global Ambassador program have made great inroads in helping organized marketplaces grow through professional standards and MLS rules.

Posted in Industry News

Millennials Largest Group of Home Buyers

Posted on April 4, 2024 by

A new report from NAR found a rise in first-time buyers across all generation. Leading the charge were younger millennials, age 25 to 33.

Posted in Industry News

Eighth Property Insurer Enters Florida Market

Posted on April 4, 2024 by

The Florida Office of Insurance Regulation’s (OIR) said the state’s insurance market is continuing to strengthen with more carriers.

Posted in Industry News

U.S. Office Sale May Be on the Horizon

Posted on April 3, 2024 by

Colliers: The U.S. vacancy rate rose from 11% in late 2019 to 17% today, higher than during the 2008 financial crisis. As leases expire, it could mean more office sales.

Posted in Industry News

Using Turnkey Properties as Investments

Posted on April 3, 2024 by

Turnkey properties, popular among real estate investors, allow for passive income streams but often may come with hidden costs.

Posted in Industry News

Florida’s General Revenue Tops Forecast

Posted on April 3, 2024 by

Net general revenue in Feb. totaled nearly $3.538B, up $217.M, or 6% higher than projected. Analysts said the sales-tax portion could be misleading.

Posted in Industry News

Protecting Yourself from Common Tax Scams

Posted on April 3, 2024 by

Guard against identity theft during tax season. Use password manager to safeguard passwords, don’t pick up unknown calls and verify information in ways you trust.

Posted in Industry News

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