According to the latest report from the US Census Bureau, more Americans chose purchasing a home over signing a lease to rent in the first quarter of 2017. This marks the first time since 2006 that the number of new homeowner households outpaced the number of new renter households. Of the 1.22 million new households […]
Trump administration proposes 2018 HUD budget
The spending plan lowers HUD’s budget by 22.9%, preserves support for 4.5M HUD-assisted households, nixes community block grants and cuts rental assistance. Source: Florida Realtors
Is Now a Good Time to Rent?
People often ask if now is a good time to buy a home, but nobody ever asks when a good time to rent is. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their 2017 first quarter median rent numbers. Here is a graph […]
Can condo board borrow money without membership OK?
Condo QandA: Also, a board of directors is supposed to have five members, but it’s down to four and no one wants to serve. Must they fill that vacancy? Source: Florida Realtors
5 Reasons to Hire a Real Estate Professional When Buying or Selling!
Whether you are buying or selling a home it can be quite an adventurous journey, which is why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or […]
NAR: International sales to shape future real estate demand
Changing demographics from immigration and a growing interest from foreigners will bolster home sales activity and prices, according to NAR convention speakers. Source: Florida Realtors
Why Americans Consider Moving to Another State? [INFOGRAPHIC]
Some Highlights: In a recent Harris Poll, Americans listed “change in climate/weather” as their top reason for wanting to relocate. 41% would move for a “better job opportunity.” Being closer to loved ones filled out 3 of the top 6 reasons why Americans move. Source: Luxury Market News
#1 Answer to the Housing Shortage: New Construction
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 […]
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