Matey Veissi, 2016 president, is 2017 Realtor of the Year; Connie Johnson is Associate Realtor of the Year – awards were given out yesterday at the convention.
The award honors lawmakers who promoted vital real estate issues, including the estoppel fee cap, business-rent tax cut and a proposed constitutional amendment.
The FRM rate is down marginally from last week's 3.9%, though still higher than a year ago when it averaged 3.65%. However, despite low rates, the housing market remains hampered by tight mortgage credit standards.
ATTOM: In South Florida, 13% of homeowners with a mortgage owed at least 25% more than their home's value – a decline from 17.3% only one year earlier.
Current proposals would negate tax write-offs for many Americans, and that would make homeownership less valuable if the mortgage-interest deduction becomes moot.
Curb appeal may set the tone for a home showing, but first impressions can die after a buyer walks inside. Traffic flow? Lighting? Smells? They all count.
Where do you get capital to start a business? Almost 300,000 people tapped their home equity in the latest Census Bureau study – about 7.3% of all start-ups.
Connecting with Russian buyers via LinkedIn? Not anymore. The social network pulled out because Russia and other countries don't want data to leave their borders.
Answer: Call them millennials. Businesses are trying different tactics to reach this generation, but a good place to start is with a list of things not to do.
It's the highest median quarterly price and a new peak thanks to supply shortages. NAR's chief economist continued to ramp up his criticism, saying there is a "glaring need" for more new construction as "would-be buyers are priced out of the market."
Housing starts fell 4.8% as builders struggled to find workers, though the lion's share of that drop occurred in the multifamily component that dropped 17.1%.
NAR survey: Social media sites are a vital part of real estate today, with 74% of Realtors in a recent survey saying "awareness" is their primary goal.
If approved by Fla. voters in 2018, Amendment 2 would make the state's current 10% cap on annual non-homestead property tax increases permanent.
Congress has work to do in Sept. to keep RE on track. In addition to flood insurance expiring, the U.S. will run out of money on Sept. 29. If the gov't did shut down, it would bog down RE tasks that require fed intervention, such as some FHA functions.
The Fed will "likely announce next month" the sale of some bonds acquired during the recession – a move that would probably push mortgage rates a tad higher.
Most commercial owners, investors and developers recognize the importance of better energy efficiency, but "going green" does more than improve the bottom line.
Counteroffers attempt to secure better deals for clients, but "I demand this" is harsh. Propose a package that makes it easier for the other side to say yes.
The wire fraud scam – criminals hack an email address and, at the last minute, tell buyers to wire closing money to a fake account – is still going strong.
With 10,000 boomers retiring each day, builders remain confident. NAHB's 2Q 55+ index not only rose 11 points, it's been in positive territory for over four years.
Shopped for something online only to see ads for it everywhere? Facebook's tool does the same thing, re-targeting users who visited an agent or broker's website.
Demand for easy-care but expensive quartz continues to skyrocket, and consumers seem to be less enamored with granite and marble. Nickel faucets are also becoming more popular, but tubs with jets appear to be on their way out.
Two institutional investors – businesses that buy multiple single-family homes to rent out – could merge in a $4.3B deal that controls 82,000 U.S. homes.
According to the magazine, some people pay too much and others pay too little. In many cases, homebuyers get a policy and then ignore it for years unless needed.
"Tiny house regret" is actually a thing. Homeowners who downsize to simplify their lives are discovering that it's not as cheap or as easy as they thought.
A wellness program not only helps keep agents healthier, it also shows concern for workers and can strengthen their loyalty and commitment to the brokerage.
Ask about our pet fee discounts when you opt to adopt!
Just wanted to say thanks for all the help over the last 3 years. You guys made everything easy for us. From the leasing all the way thru the sale. Please thank your team for me, they were all fantastic to work with. I owe you a beer next time I’m in town.