Empower investors and RE professionals with actionable data and insights, enabling them to maximize value and make informed decisions on distressed properties.distressedpropertyresearch.com Orlando, FLJoined June 2024
At this year’s annual convention, several awards were presented to honor outstanding Realtor achievements. Among them, Gia Arvin, 2024 President, was named Realtor of the Year — a well-deserved recognition of her leadership and dedication to the industry.
#RealtorOfTheYear
While most Q2 travelers to Florida were domestic, international tourism is on the rise. Overseas travel to the Sunshine State jumped 11.4% year-over-year, according to state data — a sign of growing global interest in Florida’s attractions and lifestyle.
#FloridaTourism#Travel
Florida Peninsula Insurance is seeking its largest rate cuts ever: an 8.4% reduction for homeowner policies and 12% for condo policies. If approved by regulators, the changes could take effect as early as October 31. This could bring real relief to many Floridians.
Eligible first-time buyers in Florida can receive up to $35,000 for down payments and closing costs through the Hometown Heroes Housing Program. This Florida Realtors’ initiative supports essential community members in achieving homeownership.
#FirstTimeHomeBuyer#FloridaHousing
Freddie Mac reports another drop in mortgage rates this week. The average 30-year rate slipped to 6.58%, while the 15-year rate dipped to 5.71%. Lower borrowing costs could help more buyers step into the market.
#mortgagerates#realestatenews#homebuyers#housingmarket
Home prices in most U.S. metros rose slightly in Q2, according to the National Association of Realtors. In Florida, prices have either stabilized or grown modestly—thanks in part to increased new construction. More inventory could help balance the market for buyers and sellers.
Nearly 905,000 low-income renters in Florida spend over 40% of their income on housing — a burden that’s pushing many closer to homelessness. With rising costs and limited supply, the need for more affordable housing is urgent.
#AffordableHousing#FloridaHousingCrisis#RealEstate
The Federal Reserve held interest rates at 4.3% for the fifth time this year, pointing to ongoing inflation concerns and uncertainty around tariffs. Despite the pause, the economy continues to grow — up 3% in Q2.
#FedUpdate#InterestRates#Inflation#RealEstateNews#MarketTrends
Good news for buyers — mortgage rates continue to ease.According to Freddie Mac, 30-year rates dipped slightly this week, and 15-year rates followed suit. Even small changes can make a difference when budgeting for your next home.#RealEstate#MortgageRates#HomeBuying
Good news for homebuyers: 30-year mortgage rates dipped to 6.77%, and 15-year rates dropped to 5.89%, according to Freddie Mac. Lower rates could open the door for more buying opportunities this summer! 🌞🏡#MortgageRates#HomeBuying#RealEstateNews#FreddieMac#HousingMarket
Despite fluctuating mortgage rates, buyers are making moves. The West saw the biggest monthly gains, while the Midwest and South continued to grow year-over-year. Rates remain a key factor driving decisions—buyers are watching closely.#RealEstateNews#HousingMarket#PendingSales
Fed Chair Jerome Powell says interest rates will stay unchanged for now. The decision reflects a solid economy, signs of cooling inflation, and caution over potential price increases tied to new tariffs.#FederalReserve#InterestRates#Economy#Inflation#RealEstateNews
According to Freddie Mac, 30-year mortgage rates edged down to 6.81%, while 15-year rates dipped slightly to 5.96%. Even small changes can offer relief for borrowers in today’s market.
#MortgageRates#FreddieMac#HomeLoans#RealEstateNews
Builder sentiment dropped to 34 in May, reflecting growing concerns over high interest rates, tariffs, and construction costs. According to the NAHB, 34% of builders responded by cutting prices to attract buyers.
#HousingMarket#BuilderConfidence#NAHB#RealEstateTrends
Thinking of listing your home? Boost its value with simple improvements like fresh paint, cabinet upgrades, and decluttering. These quick fixes can make a big difference in appeal—and your final sale price.
#HomeSellingTips#IncreaseHomeValue#RealEstateAdvice
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