The biggest challenge to today’s housing market is the shortage of housing inventory for sale. A normal market would see a six-month supply of homes for sale. Currently, that number is below four months. This is the major reason home prices have continued to appreciate at higher levels than historic averages. The good news is […]
1 in 5 top RPAC donors from Fla. – Bill Watson leads list
NAR announced 2016 inductees into the RPAC Hall of Fame, and Fla. had the most honorees committing at least $25K. Watson, at $150K, set a new PAC record. Source: Florida Realtors
Selling Your Home? Is Your Listing ‘Pet-Friendly’?
One of the many benefits of owning your own home is the freedom to find your ‘furever’ friend. By pointing out the aspects of your home that make it ‘pet-friendly’ in your listing, you’ll attract these buyers rather than alienate the 61% of American households that have a pet! If you are one of the […]
NAR's Upstream project simplifies its goals
As originally designed, brokers would have uploaded listing data one time only into Upstream, but the goal pivoted; brokers will now have other entry options. Source: Florida Realtors
4 Tips for Effectively Making an Offer
So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true! Freddie Mac covered “4 […]
Housing starts down – but not single-family construction
New home construction dropped 2.6% in April following a decline in March, but the drop comes from a cutback in multifamily units. Single-family homes rose 0.4%. Source: Florida Realtors
Do You Know the Cost of NOT Owning Your Home?
Owning a home has great financial benefits, yet many continue renting! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Zillow recently reported that: “With Rents continuing to climb and interest rates staying low, many […]
Ransom virus infecting PCs worldwide
Updated your virus protection lately? Do it now. A globally spreading program locks computers and demands payment if you ever want to see your data again. Source: Florida Realtors
What You Need to Know About Qualifying for a Mortgage [INFOGRAPHIC]
Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford. Source: Luxury Market News
IRS: The home office deduction is often overlooked
Agents who work at home could save money on their income taxes, but some apparently don’t. The IRS offers two ways to deduct the cost of a home office. Source: Florida Realtors
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