Since bank wires remain the preferred method of closing escrow on a real estate transaction, the best protection is to be overly cautious.

Phase inspections, or inspections during a new build, help address potential problems. Qualified home inspectors should be trained in new-home construction.

The modest sales growth nationally (1.6%) demonstrates the slow and steady progress in the market. Contract signings also climbed in the South month over month.

The change of seasons is a great time to freshen marketing strategies. New ideas help Realtors get in front of a different audience and make better connections.

Redfin reports over one-third of U.S. home purchases in February were all cash – close to the record high. Florida saw big increases in year-over-year all-cash purchases.

Homeowners who are remodeling this year plan to make improvements in three interior rooms and complete two or more outdoor projects.

Florida Realtors supports the My Safe Florida Home Program, which provides eligible homeowners with resources before and after storms.

Many business entities, including entities formed to provide real estate services, must comply with a new federal reporting requirement.

Borrowing costs on 30-year and 15-year mortgages dipped slightly to 6.79% and 6.11% respectively, giving prospective homebuyers a bit more room in their budgets.  

Freddie Mac research found that homes with high energy-efficiency ratings sold for 2.7% more on average than unrated homes. Making home updates don’t have to be time-consuming or costly.