Homeowners’ Priorities Shift from Countertops to More Space
Since the pandemic, buyers focus now on more space and outdoor features. Square footage, living space, floor design and outdoor spaces, like pools, are top priorities.
Can Landlord Demand Rent if Tenant Can’t Stay Due to Disaster?
The situation isn’t clear: Roads damaged by a disaster mean a tenant is blocked from her apartment and must temporarily rent elsewhere. What does the lease allow?
New Loan Programs Could Boost Minority Homeownership
In an effort to ease the damage caused by limited lending over the years, lenders’ programs can include thousands of dollars in closing-cost credits, down payment assistance, low-interest loans and/or more affordable housing opportunities for underserved communities.
NAHB: Home Affordability Hits Two-Year Low
The builders group says record-low mortgage rates are no longer enough to offset rising home prices as buyers fight over a dwindling supply of for-sale inventory.
U.S. Long-term Mortgage Rates Flat to Lower; 30-year at 2.78%
It’s a new all-time record low for the 30-year FRM – the 12th time this year. Meanwhile, the average rate on a 15-year mortgage remained at 2.32% this week.
2020 Election: Strong Results for Realtor-Backed Candidates
Candidates backed by Florida Realtors PAC made strong showings: 10 Realtors or affiliates were elected or re-elected, and 95% of PAC-endorsed candidates won their race.
Amendment 5 Passage Could Affect Commercial RE
Fla. voters approved a gradual minimum-wage boost to $15 per hour, which could impact many businesses, notably tourism – and brokers who have hourly employees.
Real Estate Conversational AI Can Convert Prospects to Buyers
An effective artificial intelligence (AI) program can build meaningful relationships with clients before an actual human gets involved.
Florida Realtors Wins NAR C2EX Challenge
Pres. Barry Grooms: “Florida’s Realtors are passionate advocates for Realtor professionalism.” Winners receive a $5,000 grant to help promote C2EX in 2021.
NAR Proposes Code of Ethics Change on Discriminatory Speech
On Nov. 13, NAR’s Board of Directors will consider a proposal that would affect a Realtor’s ability to use some types of discriminatory speech in any context.