Florida Realtors News
News Archive
Going to a strip mall for a specific item is a quick in-out activity, akin to getting milk from 7-11. And after the pandemic, that’s what many Americans want.
A super-sized team ups the chances that someone can handle any buyer that comes your way, but a niche-focused team can dominate a specific market area.
Gov. DeSantis announced the SecureFlorida Portal – a site where foreign principals who must register ownership under a new law can do so before the Dec. 31 deadline.
RE investors are building more $50M-plus condos in S. Fla. as demand grows from an uptick of rich Americans who are relocating to be close to other rich Americans.
In the face of high interest rates and rising home prices, the typical buyer’s income rose 22% to $107K. 1 out of 3 (32%) was a first-time buyer, and 89% used an RE agent.
11% of metros saw double-digit price increases in 3Q, even though buyers faced a one-year mortgage payment increase of 19.2%. In 2Q, prices rose in only 58% of metros.
Don’t ignore social media and newer forms of marketing, but getting out into the community and holding open houses can be more effective tools for lead generation.
The National Association of Home Builders’ 3Q affordability study found that just 37.4% of Americans can afford a median-priced home in their metro area.
Florida Realtors VP Juana Watkins urged patience in a Thur. webinar, which is now available online. The decision might have an impact but the process will take years.
Under SB 264, property owned by foreign principals used for “bona fide agricultural purposes” must be registered, and it can now be done online.