Richard Eimers's Blog Posts

LUXURY SALES DOWN 17.8% IN 1Q 2022

Sales remain strong, but soaring interest rates, a shaky stock market, rising inflation and economic certainty have put a damper on demand.SEATTLE – Luxury U.S. home sales fell 17.8% year-over

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US HOME EQUITY HIGHEST ON RECORD - $27.8T

Many homeowners used some of their home equity via a cash-out refinance when rates were dropping. “Tappable equity” rose to $200K per home in 1Q 2022.NEW YORK – The Federal

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OPINION: UNDERSTANDING TRENDS IS KEY TO PREDICTING THE NEXT HOUSING SHIFT

I'm certainly not wise enough to write this opinion, fortunately I am smart enough to read and inwardly digested it. Written by Shashank Shekhar, this is a well timed article, it encpsulates all of

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30 YEARS OF ANNUAL AVERAGE INTEREST RATES BY FREDDIE MAC

Unlike today, in the early 1980s, the Federal Reserve was waging a war with inflation. In an effort to tame double-digit inflation, the central bank drove interest rates higher. As a result,

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ARE THE GROWING NUMBER OF HOMES FOR SALE GOOD FOR YOUR NEXT PURCHASE

Been thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know.

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RE Q&A: DOES RIGHT OF SURVIVORSHIP REQUIRE PROBATE?

There are three types of ownership that pass property upon death, but only one usually requires probate – and it’s not “joint tenants with right of survivorship.”FORT

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SHOULD I RENT OR SELL MY HOUSE OUT? KEY FACTORS TO HELP YOU DECIDE

A new job, a desire to relocate, or the opportunity to seize your dream home can create an agonizing decision: Should I sell my house or rent it out? If you decide to rent, you could get stuck with

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SIGNS YOU SHOULD SELL YOUR HOME

In some situations and time periods, it might make more financial and logistical sense to let go of a house. In SimplyWise’s 2021 survey of more than 1,000 American adults, one in 10

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DID THE 'LUMBER BUBBLE' BURST? PRICES DROP 12%

Thanks to supply chains and other pandemic-era challenges, the price for lumber – and new homes – soared higher. But lumber saw a notable price drop last week.NEW YORK – Since the

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HOUSING MARKET IS STRONG - BUT TIME TO SELL?

Housing remained resilient – Fla. more than many states – but signs suggest a slowdown in price increases. Still, investors moving away from stocks may be a wild card.NEW YORK –

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INCREASING INVENTORY – DEMAND STILL STRONG

For the first time in over 2 years “New Listings” are on the rise, year over year comparison May 2022 shows a 13% increase over May 2021. This is good news for everyone. Most sellers

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THE WHOLE STORY - NOW YOU DECIDE

REFRESHINGLY DIRECT - after 27 years in real estate, this is how I've been characterized by those who know me. I think of it as me being transparent and in times like these transparency is surely

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2 OF 3 FLORIDA HOMES ON MARKET LESS THAN 30 DAYS

Florida Realtors economist: In 1Q 2022, half of new Fla. listings went under contract in 12 days – but look beyond that one statistic to see the shift in market speed.ORLANDO, Fla &ndash

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COMPETITION DECLINES FOR FORTH STRAIGHT MONTH

Homebuyer competition saw its fourth straight month of declines in April as rising mortgage rates take their toll on the housing market, according to the data from the Emerald Coast Association of

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MORE SELLERS CHARGED CAPITAL GAINS TAXES

Sellers can shield $250K of profit from capital gains taxes, but as home values rise, some filling out their IRS forms now discover that Uncle Sam wants a cut.SAN FRANCISCO – If your home

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WHAT'S NEXT AFTER HOUSING COOLS DOWN? THIS ECONOMIST HAS AN IDEA

An economist by trade, Daryl Fairweather doesn’t claim to know for sure what the future holds for the housing market. But if things continue on their current path, it could look something

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WHY YOU SHOULD (AND SHOULDN'T) SELL YOUR HOME IN 2022

You may be wondering if now is a good time to sell your house, and the answer is: maybe.Heading into 2022, housing market experts are predicting a year of continued high demand and rising home.

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MORTGAGE APPLICATIONS RISE DESPITE HIGHER RATES

Purchase activity has now increased for two straight weeksProspective homebuyers aren’t deterred by the skyrocketing mortgage rates amid a slow start to the spring home-buying season this.

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POWER BUYERS: WHAT TO KNOW ABOUT REAL ESTATE'S BUZZIEST NEW BUYER TOOLS

The innovation wave has hit the buy-side, with Power Buyers emerging as this year's buzziest business model. Here's everything you need to know to power up your clients' purchasing prowess.For the

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SPRING, SUMMER YIELD BEST DAYS TO SELL A HOME

ATTOM: May, June and July offer seller premiums of 10% or more above market value. The top 15 best days to sell are in the month of May.IRVINE, Calif. – Based on home sales over the past

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FLORIDA. UNLIKELY TO FEEL IMPACT FROM SLOWING MARKET

Wary buyers and rising interest rates may affect some U.S. markets, but Fla.’s rising demand and lack of construction will probably offset a potential cooldown.WEST PALM BEACH, Fla. –

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BEST WAY TO COMPETTE WITH CASH BUYERS

THEY SAY THAT CASH IS KING IN REAL ESTATE, BUT HAVE YOU EVER WONDERED WHY?In order to understand this phenomenon, where a seller will take a lower price from one buyer than he could have received

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HOUSING GETTING HIT BY 'PERFECT STORM

Billionaire real estate developer Jay Bloom warned consumers Thursday the housing industry is getting hit by the "perfect storm.""We're in the middle of a real estate boom like we haven't seen in

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DIGITIAL GRAFFITI AT ALYS BEACH MAY 13-14

The 15th Annual Digital Graffiti Festival will be held over two nights, lighting up the streets, architecture, and pedestrian paths of Alys Beach on May 13-14, 2022.Tickets are available online >

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HOME PRICES SOARED 20% ANNUALLY IN FEBRUARY. ANALYSTS SAY WE'VE PEAKED

Prices grew at the third-fastest annual pace in 35 years, according to the US National Home Price Index, released Tuesday. Since then, experts have observed early signs of a cooling market.Home

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PIMCO’S KIESEL THINKS THE HOUSING MARKET HAS HIT ITS TOP

‘I think we’re in the final innings.’ Pimco’s Kiesel thinks the housing market has hit its topLast Updated: May 2, 2022 at 11:14 a.m. ETBy Jacob PassyThe sky may not be the

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This Adorable Beach Town On Emerald Coast Florida Looks Like A Lovely Swiss Village

Sparkling emerald waters and charming European-inspired architecture make up one of the most romantic beach towns on the Emerald Coast of Florida, Rosemary Beach.It's located in South Walton and it

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ALWAYS CONSIDER A 1031 EXCHANGE WHEN SELLING NON-OWNER OCCUPIED PROPERTY

Whenever you are selling non-owner occupied property or vacant land, you should consider the transaction as a 1031 Tax Deferred Exchange. As this article discusses, structuring a sale as a 1031

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THE TOP 7 REASONS YOU CAN’T DO A 1031 EXCHANGE

Often taxpayers seeking information on their first 1031 exchange, their conversation is rather short as the facts of their potential exchange do not permit them to proceed. The following are the top

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EQUITY MOTIVATES MORE SELLERS

HomeLight survey: A rapid rise in equity is encouraging sellers to list their homes and they expect to make a profit; 87% say they expect more than 1 offer.SCOTTSDALE, Ariz. – More homeowners

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POWER BUYER CLIENTS MADE 1 OFFER ON AVERAGE. TRADITIONAL BUYERS? 7

A new report from Power Buyer and iBuyer marketplace zavvie says that Power Buying 'could eventually become the norm,' citing its success in helping buyers quickly purchase a home.As homes continue

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SINGLE WOMEN-BUYERS OUTPACE MEN, BUT NOT WITHOUT SACRIFICES

Of late, there have been questions around two statistics surrounding women purchasing homes: why women are more likely than men to buy homes, and how their financials compare to those of single men

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WHAT IS A QUALIFIED INTERMEDIARY?

A Qualified Intermediary is an entity that creates documentation supporting a taxpayer’s intent to initiate an Internal Revenue Code Section 1031 tax deferred exchange and holds the exchange

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BUSTED!!! 10 MYTHS BUYERS AND SELLERS BELIEVE ABOUT THE CURRENT MARKET

In today's wild market, there are plenty of bad ideas on both sides of the buyer/seller equation. Here's how to correct those misconceptions so that everyone can get what they want.This April, one

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CAN YOU PUT AN OFFER ON A HOUSE THAT'S CONTINGENT?

Yes! Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer

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EARLY SIGNS OF COOLING HOUSING MARKET IN SOME US CITIES

There are early signs of a cooldown in some of the hottest corners of the U.S. housing market, Redfin said in a report on Friday, a fresh indication that high house prices and rising mortgage rates

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BUYING YOUR FIRST VACATION RENTAL? HERE IS WHERE TO START

Whether you’re starting from scratch or changing up your current strategy, vacation rentals can present a great investment opportunity. These strategies will help you and your clients make

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UTILIZING TRUSTS IN A 1031 EXCHANGE

IRS 1031's were all the rage back in 2004, 05 & 06 then we had the crash  and now today were so many property owners are holding historically high equity that when sold translate into

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MY BUYER’S FULL-PRICE OFFER WAS REJECTED?

As this seller’s market continues to run wild throughout Fla., many people are asking what laws or contract terms come into play if a seller rejects a buyer’s offer even though it

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CORONAVIRUS (COVID-19) – 1031 EXCHANGE UPDATE – IRS NOTICE 2020-23

I have worked with Atlas 1031 Exchange for 16 years as an intermediary for my customers interested in performing 1031 Tax Deferred Exchanges for the sale & replacements of their Florida Resort

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SIGNS OF A HOUSING BUBBLE ARE BREWING

By Anna Bahney, CNN BusinessUS home prices have soared to new heights and keep on climbing, and now some researchers and economists are saying they have seen signs of a housing bubble

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9 TIPS ON BUYING AND SELLING YOUR HOME AT THE SAME TIME

 Selling your home while shopping for a new one can feel daunting to even the most seasoned homeowner––especially when the competition for housing is so high.[1] That doesn't mean,

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END IN SIGHT FOR INVENTORY CRISIS? YES BUT EXPERTS CAN'T AGREE ON WHEN

While 38% of experts polled by Zillow believe 2024 will be the year inventory returns to 2019 levels, 36% pegged 2023 as the year. The remainder believe we'll have to wait until 2025.The inventory

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THE FAQs OF 1031's

There are many compelling reasons to consider utilizing a 1031 exchange. The following most frequently asked questions we’ve received over the last sixteen years should serve as a starting

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COMING THIS SPRING: FEAR, DOUBT AND 'A PERFECT STORM OF UNCERTAINTY'

Agents are prone to wanting to fix everything; it’s the nature of the business. That makes it tough to communicate in the face of uncertainty.Spring Madness is a week-long Inman series

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1031 EXCHANGE RULES AND REQUIREMENTS

What are the rules of a 1031 exchange? The rules and requirements of a 1031 exchange can be overwhelming for any individual looking to execute a 1031 exchange for the first time. Although there is

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YOUR HOME PROBABLY EARNED MORE THAN YOU DID LAST YEAR

Skyrocketing home valuations exceeded the median income in a majority of American cities, according to a new report from Zillow.Your home probably earned more than you did last year.That’s

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COMPETITION PUSHES BUYERS TO ALL-CASH COMPANIES

It’s a tight market for buyers and many sellers prefer cash offers. As a result, companies that help buyers present an all-cash offer are thriving.CHARLOTTE, Va. – Lenny Rowell and his

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NEW REPORT: WHAT WILL LUXURY REAL ESTATE LOOK LIKE IN 2022?

Double-digit wealth growth, international buyers, and new market growth opportunities.Driven by low inventory, high housing costs, and inflated demand for larger homes, luxury real estate

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WHAT IS A 1031 TAX DEFERRED EXCHANGE IN 2022

Before the economic downturn of 2007, 1031 Tax Deferred Exchanges were commonplace and until recent years, sellers were not realizing enough capitol gains from the sale of their investment

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WEALTHY RUSSIANS BUYING UP PROPERTY IN FLORIDA

SUNNY ISLES BEACH, Fla. (NewsNation) — In Sunny Isles Beach — also known as “Little Moscow” — real estate experts say wealthy Russians are parking their money in empty

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INVENTORY March 7 2022

The one word that describes real estate today is INVENTORY, if we had any, both buyers & sellers would so much more satisfied than you are today.I remember the days when buyers would come to

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HOW TO BUY AND SELL A HOME AT THE SAME TIME!

Tips to Buy and Sell Houses SimultaneouslyAre you wondering how to buy and sell a house at the same time? You are not alone, as many folks ask real estate agents how to pull off the house buy and

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PENDING PROPERTY SALES DROP – JANUARY 13% & FEBRUARY DROPPED 22%

Destin, Miramar Beach, Santa Rosa Beach, 30A & Inlet Beach Pending Property Sales Drop – January 13% & February dropped 22%."Catch 22", let me explain. First of all I am that annoying

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RESEARCHERS: HOME MARKET 'CLOSE TO PEAK'

Home prices, inflation and rising interest rates will soon create a balance in the housing market, say FAU researchers, though prices will remain high.JACKSONVILLE, Fla. – The Jacksonville&

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NAR: JAN. PENDING HOME SALES DROP 5.7%

Buyers have difficulty finding a home, says NAR’s chief economist. He won’t be surprised to see demand decline given current “mortgages, home costs and inventory.”WASHINGTON

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WHAT’S HAPPENED THE 1ST 50 DAYS OF 2022

Destin, Miramar Beach, Santa Rosa Beach, Point Washington 30A & Inlet Beach Florida Property Sales Median Prices are Up 19% and Average Sales Prices are up 15% for the 1st 50 Days of 2022

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FLORIDA HOME SALES, MEDIAN PRICES UP IN JANUARY

Florida Realtors: Statewide single-family home sales up 1.4% year-over-year, median price up 23% to $375K. Condo sales up 6.7%, median price up 23.9% to $285K.ORLANDO, Fla. – Even as the

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WALTON COUNTY FLORIDA REAL ESTATE REPORT FOR NOVEMBER 2021

The most recent SoWal Real Estate Report covers all of Walton County including South Walton real estate activity for November 2021, with sales statistics for single family homes, townhomes, and

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22 REAL ESTATE TIPS FOR 2022

Now that we are 2 weeks into the second month of 2022, I thought I'd share with you some real estate tips for this year.Market continues to rise across the U.S due to supply and demand – ;

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SCENIC AMERICA NAMES SCENIC HIGHWAY 30A A NATIONAL SCENIC BYWAY

SANTA ROSA BEACH — Scenic Highway 30A was already recognized by the state as a scenic highway 15 years ago. Now it’s recognized nationwide, too.The scenic byway was one of 34 added

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SURVEY: SELLERS WAITING OUT THE PANDEMIC ARE READY TO LIST

Owners who postponed selling during the pandemic – perhaps waiting for a sign that price increases were slowing – appear ready to list their home within the next six months. Many,,

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2022 COULD BE A ONCE-IN-A-LIFETIME OPPORTUNITY

In the article below, “Once-In-A-Lifetime Opportunity For Sellers” the discussion is about the housing inventory nationally and as I always say looking at the national inventory is like

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MORTGAGE RULES EASED FOR SELF-EMPLOYED BUYERS

Fannie/Freddie started requiring extensive recent financial info from self-employed workers due to COVID, but some may now find it easier to qualify for a loan.PASADENA, Calif. – Fannie Mae

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SORRY TO BURST YOUR BUBBLE, BUT WE'RE NOT IN ONE, HOUSING EXPERTS SAY

Today's rising home prices and a persistent seller’s market differ from the 2007 housing bubble in a few key ways, economists told Inman. In short, don't expect bubbles bursting anytime soon

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WHAT’S UP WITH AFFORDABLE & LUXURY HOUSING LOCALLY

“INVENTORY: AFFORDABLE HOMES UP, LUXURY DOWN, Sales of the most affordable homes in the U.S. rose 11.3% year over year in the fourth quarter of 2021”, this is a quote from the article

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INVENTORY: AFFORDABLE HOMES UP, LUXURY DOWN

The end of forbearance programs and foreclosure moratoriums enticed more at-risk homeowners in lower-cost homes to sell and cash out their higher equity.SEATTLE – Sales of the most affordable

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EXISTING HOME SALES STRONGEST SINCE 2006 DESPITE SUPPLY LIMITS

Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR). However, supply has

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DECEMBER 2021 MONTHLY HOUSING MARKET TRENDS REPORT

The national inventory of active listings declined by 26.8% over last year, while the total inventory of unsold homes, including pending listings, declined by 16.1%. The inventory of active listings

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2022 COULD SEE ANOTHER HOME-BUYING FRENZY

The winter market is heating up as buyers keep a watchful eye on interest rates— expected to rise over the next year—despite a continuing inventory shortage keeping prices and

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DECEMBER 2021 HOUSING MARKET REPORT

Please see the December 2021 Monthly Housing Market Trends Report below. Let’s take a look at the local inventory of active listings which also declined by 26 % over December 2020, while the

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FANNIE, FREDDIE FEES ON 2ND HOMES, CONFORMING JUMBOS GO UP APRIL 1

Mortgage giants ordered to exempt first-time homebuyers from increases, which could boost private lending.Rising home prices mean Fannie Mae and Freddie Mac are now backing single-family mortgages

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MANY HOMEBUYERS WILL BE PRICED OUT OF THE MARKET IN 2022

Fannie Mae forecasts rising mortgage rates and home prices will dent existing home sales by 3.2%Rising mortgage rates and last-year’s record-breaking runup in home prices are expected to price

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WHAT'S UP WITH THE GULF FRONT PROPERTIES ON 30A?

By Richard EimersI hear it's 2022, actually we're just 18 days into January and honestly the anticipated increase in inventory has not yet arrived or. . . maybe this is the new normal in real.

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STATE OF LUXURY REAL ESTATE 2022: LUXURY MARKET NORMALIZING

A new report released by Luxury Portfolio International (LPI) found that the chaotic real estate market created by COVID-19 is slowly stabilizing.The second annual State of the Luxury Real Estate

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WHAT'S UP WITH 3 BEDROOM CONDOS ON 30A

There is no doubt that 30A is know for beautiful homes with far fewer condos than Panama City Beach, Miramar Beach and Destin. Yet, there are some of the nicest condos on 30A and they continue to

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TOO FEW HOMES 'CAMERA READY' FOR LISTING PHOTOS

Many times, ink isn’t dry on the listing contract before photographers show up, and sellers told to “get your home ready” aren’t sure what that means.NEW YORK – Most

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SELLERS: STUDY SUGGESTS MORE OWNERS READY TO LIST

The current market favors sellers, but owners see slowing price increases and buyers being priced out of the market. Many who held off may decide it’s time to sell.FORT LAUDERDALE, Fla. ;

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AMERICA'S BEST BEACH TOWNS? PANAMA CITY BEACH AMONG TOP 3 BEACH HOUSE LOCATIONS

PANAMA CITY BEACH — Panama City Beach was ranked third in a listing of the "top beach house locations" in the United States according to a listing released Monday by Filter King, a

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WHY THE HOUSING MARKET WON'T BURN QUITE AS HOT IN 2022

The housing market will cool slightly in 2022, but will scorch as a multitude of buyers chase too few homes, according to economic experts who spoke with Inman.After breaking records for days on

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HOUSING MARKET PREDICTIONS 2022: WILL IT CRASH OR BOOM?

So, you’re thinking pretty hard about buying or selling a home sometime soon and want to know how the housing market is going to look. Well, housing market predictions are about as reliable as

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GROWTH OF SINGLE-FAMILY HOME PRICES 'DECLERATE' IN OCTOBER

While single-family home prices maintained their upward momentum in October, the rate has continued to decelerate, according to the most recent S&P CoreLogic/Case-Shiller Indices.The

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NEW CONSTRUCTION HOME SALES

By Richard Eimers, Broker Associate December 28, 2021If you build it, they will come, and they came, the problem is contractors cannot build fast enough to keep up with demand. Year Over Year

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NEW HOME SALES JUMP IN NOVEMBER

New single-family home sales rose in November as housing demand was supported by low interest rates and strong consumer demand, despite the ongoing building materials challenges impacting the

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THE MOST ACTIVE LISTINGS IN 13 YEARS

If I’ve heard once, I’ve heard it a thousand times, “We have less inventory today than we’ve in 10 years”. I ran the search today for inventory of homes, townhomes ;

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BUYERS WHO WAITED FOR LOWER PRICES MANY REGRET IT

Some buyers postponed searches, assuming prices would drop as they did in the last recession. But now homes they once considered are financially out of reach.FORT LAUDERDALE, Fla. – As South

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SINGLE WOMEN BUYERS TAKE THE LEAD, OUTPACING MEN IN HOME-BUYING

Single women are currently outpacing men in the home-buying space despite entering the playing field late in the game.According to a new report from the National Association of REALTORS® (NAR),

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FHFA: 2022 LOAN LIMITS 18.05% HIGHER - TO $647

The cap on conventional and FHA loans will rise notably higher next year, with caps in a handful of high-cost markets coming close to $1 million.WASHINGTON – The Federal Housing Finance(

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THE IMPACT OF DAYS ON MARKET

By Richard Eimers, Associate BrokerMy definition: Days On Market - the duration of time a property is on the market For Sale, from entering the market as a New Listing to the day the property is

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PERMANENT LIVING TRANSFORMS RESORT TOWNS, VACATION HOMES

They say if you love what you do, you won’t work a day in your life. But what if you live where you vacation, does that make every workday a holiday?Maybe not quite, but even so, thousands of

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LUXURY HOMEOWNERSHIP SUSTAINABILITY A KEY BUYING FACTOR, COVID CONTINUES IMPACTING TRENDS

Demand for luxury home purchases has not dwindled even as the pandemic’s volatile nature continues to pose challenges in real estate. According to a 2022 State of Luxury Real Estate (SOLRE)

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A LITTLE PERSPECTIVE

“Real Estate” is local, so local that with-in our market the Destin market is different than the Noth Santa Rosa Beach market which is different than the 30A East market. Below is a sold

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YEAR-END OUTLOOK: PRICE GROWTH TO COOL AS AFFORDABILLITY CHALLENGES PERSIST

Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and showcases expert insights on&

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HOW MANY HOMES GO TO INVESTORS? ABOUT 18 PERCENT

According to the analysis, only Fort Lauderdale (18.6%) comes close to that number. In Jacksonville, more than 1 in 4 homebuyers (28.1%) are investors.SEATTLE –  Almost 1 in 5 U.S.

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LOCAL HOME PRICES ARE BEGINNING TO SLOW DOWN TOO

Nationally “Annually Adjusted Home Appreciation Rates” have slowed to 19.5%, locally it’s a different story.Real Estate is local, so much so that I felt it necessary to break out

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SKYROCKETING US HOME PRICES ARE FINALLY BEGINNING TO SLOW DOWN

September 2021 marked the first month since May 2020 in which annual home price growth decelerated, with home prices increasing 19.5% year over year, down from 19.8% in August.Home price growth

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HERE'S IS WHY YOU SHOULD BUY A HOME IN THE WINTER

Editor's Note: This post was originally published on January 10, 2020. Housecall continues to share this piece due to ongoing requests and reader interest.As we head into the coldest months of the

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SO WHAT ABOUT REAL ESTATE 2022

Historical Sales Activity can offer a view into the future. Unfortunately, there are many other external issues that affect the future of real estate; consumer confidence, the FED, lock downs and

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IS A FLIPPED HOME BETTER THAN 'AS IS'? MAYBE, MAYBE NOT

Buyers may find a newly flipped home more appealing because much of it feels new – but not all flips are the same. An inspection is highly recommended.NEW YORK – Not all houses are

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SELLERS CAN SELL FOR MORE $$$ TODAY THEN A YEAR AGO

By Richard Eimers, Broker AssociateIt's not 2020 anymore, if you had a property listed for sale a year ago and it did not sell because buyers were saying you were overpriced then today you can sell

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SURVEY: SELLERS WAITING OUT PANDEMIC ARE READY TO LIST

Owners who postponed selling during the pandemic – perhaps waiting for a sign that price increases were slowing – appear ready to list their home within the next six months. Many,,

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CORE-LOGIC: HOME PRICES SURGE ANOTHER 18% ANNUALLY IN SEPTEMBER

CoreLogic’s latest report notes high buyer demand amid a supply shortage. From Aug. to Sept., home prices rose 1.1% to reach a new high, but they may soon moderate.MILWAUKEE – Following

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THE RELATIONSHIP BETWEEN REDUCED INVENTORY & SALES

It had to happen, for the last 6 months it finally did, the number of properties going under contract and properties closing has come to this 26% fewer listings, 24% fewer properties under contract

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GET TOP DOLLAR FAST: 10 THINGS SELLERS NEED FROM THEIR AGENT NOW

As we transition out of an intense seller's market, agents need to dust off the fundamentals and adapt them to the local market, property types and sellers to give their clients the back-to-basics

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TOP 10 BUCKET LIST BEACHES IN FLORIDA

Holidu, the search engine for vacation rentals (holidu.com) made it its mission to find out. After examining over 30,000 results from the Google Maps database, they compiled a ranking of the top 10

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SELLING FOR MORE WITH LESS

It's Once Again Broken Record Time – Not Enough Inventory for the demand, this has been the ongoing theme since March 2020. Not only do we not have enough we’re closing more sales and

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WHY IS FALL A BIG OPPORTUNITY FOR BUYERS?

Several signs suggest it may be a good time to buy. Competition has cooled, listings receive fewer offers, and about 1/3 of metros have seen an uptick in new listings.NEW YORK – The housing

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KEYWORDS FOR HOMEBUYERS

The appraisal and inspection are important steps in the homebuying process. When you buy, avoid the temptation to waive either one. They provide you with information about the home’s value and

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RIGOR MORTIS SETS IN FOR 'ZOMBIE FORECLOSURES'

In movies about the rise of the living dead—whether raised by dark powers, alien fungus or a rogue supervirus—armies of zombies nearly always have one thing in common: they move slowly

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SHORT-TERM RENTAL DEMAND SOARS - AND HOLIDAYS ARE GETTING BOOKED FAST

Act fast: Short-term rentals are already getting booked for Thanksgiving, Christmas and New Year’s.After dipping modestly in August, short-term rental demand rose 33.7 percent year over year

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2021 HOMEBUYERS: MIDDLE-AGED, MARRIED, COLLEGE EDUCATED

The average American homebuyer is 45 years old, married or partnered, college-educated and likely buying a home located in the South; 26% are age 30 to 39.NEW YORK – The average American

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ANTICIPATING THE 2021 4TH QUARTER

{full_name}, We're wrapping up the 2021 selling year, we've heard the voices in the background talking about how the 2021 sales will set new records, I'm sure we'll find out soon enough.Inventory

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HOME SALES ON TRACK FOR ONE OF THE STRONGEST YEARS IN REAL ESTATE HISTORY

A strong fall and winter season should mean 2021 will wrap up with nearly 7M in sales, making it one of the strongest sales years in history, according to a new MoxiWorks analysis.A new report from

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3 REASONS YOUR CLIENTS SHOULD TRANSACT NOW

Spiraling home values, soaring inflation and increased interest rates mean less buying power for all consumers. In other words, the house they can afford today may be out of reach tomorrow. Here

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SEPTEMBER SEES NEW UPTURN IN DEMAND FOR SECOND HOMES

More buyers were seriously considering a second-home purchase last month, and locked in mortgage rates to prepare for the transaction.Demand for second homes accelerated again as summer crept toward

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4 ESSENTIALS TO SELL YOUR HOME

Selling your home doesn't have to be an ordeal. By concentrating on just a few key things it's possible to minimize the time your property spends sitting on the market. From improving curb appeal to

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VACATION RENTAL INCOME – SHOW ME THE MONEY

There are not many investments that you can borrow 80-90% of the investment, except for maybe real estate and when the cost of money is in the 3%+/-, that’s cheap money.For 26 years I have

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5 PROPERTY INVESTMENTS YOU SHOULD CONSIDER

Adding real estate to a portfolio can help diversify during a time when the world seems upside-down. Getting involved with investing in the real estate market has never been easier than it is today.

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5 PROS AND 5 CONS OF HOMEOWNERS' ASSOCIATIONS

Across the U.S., homeowners’ associations are on the ascent. According to the U.S. Census Bureau, 59 percent of newly constructed homes in 2014 were part of a homeowners’.

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NOW'S THE TIME TO INVEST IN SMALL-TOWN COMMERCIAL REAL ESTATE. HERE IS WHY

Although any property investment presents a mix of risks, drawbacks and rewards, there are many small towns that offer great real estate investment opportunities far and above what the big city can

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OCTOBER IS THE BEST TIME OF THE YEAR TO BE IN DESTIN.

I’ve lived here since 1982 and since then it has become common knowledge that October is everyone’s favorite month to be in Destin. For 73 years  the Destin Fishing Rodeo has been

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16 LUXURY BUYING AND SELLING TRENDS YOU CAN'T IGNORE

The way we live, work and play has significantly changed over the past year or so, and these shifts will continue to drive luxury consumer behavior as far as how and where they choose to live. Here

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HOW THE LUXURY HOUSING MARKET BECAME INVINCIBLE IN 2021

Luxury real estate agents reported having record years, and high-end properties have grown to become a larger and larger share of the overall market this year.By Jim Dalrymple IIOctober is Luxury

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HOUSING COSTS MAY BE AFFECTING EMPLOYMENT NUMBERS

People quit jobs if they grow discontented, and rising rental costs may be causing some discontent: 51.2% of workers say they plan to look for a new job this year.NEW YORK – The average price

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VACATION HOME SALES SURGES DURING THE PANDEMIC

Vacation home sales have been surging during the pandemic, according to NAR's recently released 2021 Vacation Home Counties Report. In 2020, vacation home sales rose by 16.4%, outpacing the 5.6%

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DOWNSIZING YOUR HOME IN RETIREMEMT

Financial experts suggest carefully evaluating monetary, personal comfort and family needs when considering downsizing upon retirement. Weigh the pros and cons.ELIZABETHTOWN, Ky. – Question:

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HOT HOME TREND: THE ACCENT WALL IS BACK

It's bold and adds a dramatic statement to a room.October 4, 2021Design TrendsBy: Melissa Dittmann TraceyMake a bold statement with just one wall. The accent or statement wall is coming back as

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RACE, HOMEOWNERSHIP, AND STUDENT LOAN DEBT

October 5, 2021Student Loan DebtBy: Jessica LautzWhen examining the issue of student loan debt, it is essential not to overlook the relationship to race. The homeownership rate gap now for

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Homes SOLD Prices +23% 2Q 2021 Compared to 2020

Speaking locally, the weather in Portland OR has nothing to do with the weather along our Emerald Coast. Whenever I see a national report I do a local litmus test to see how the national data

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A FOODIES DINING GUIDE FOR SANTA ROSA BEACH, FLORIDA

On the Western Coast on the Gulf of Mexico, I love visiting Santa Rosa Beach in Florida. They’ve got a great mix of food, culture, and people that is a really worth checking out. For those

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RISING PRICES PUSH HOME EQUITY TO IT'S HIGHEST LEVEL IN 10 YEARS

Homeowners with a mortgage gained an average $51,500 in home equity in the second quarter – a 29.3% year-to-year increase. It’s the biggest jump since 2Q 2010.LOS ANGELES (AP) –

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6 THINGS AGENTS WISH SELLERS UNDERSTOOD ABOUT MARKETING

First impressions are everything when putting a home on the market. That’s just one of several things we wish sellers understood about marketing homes to sell.Kick off the fall with Marketing

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US HOME PRICE GROWTH TALLIES BIGGEST GAIN IN A GENERATION

Annual price growth soared 19.7% in July, extending a 14-month streak of increases while marking the highest rate of growth since Case-Shiller began recording the data in 1987.U.S. home price growth

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NAR: VACATION HOMES WILL DEFY ANY MARKET SLOWDOWN

While overall home sales show signs of cooling as prices rise and buyers step back, NAR Economist Yun doesn’t see that reflected in sales of vacation homes.CHICAGO – The vacation-home

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MANY OVERLY-CONFIDENT SELLERS PRICE THEIR HOME TOO HIGH

Homeowners have read bidding-war stories and heard about homes selling for thousands of dollars more than asking price. Now they’re becoming sellers and think they can overprice their,

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WHEN WILL THE HOUSING MARKET CRASH?

When will the housing market crash? This was one of the top three questions people posed on Google this past spring. Why? Because too many buyers have post-traumatic stress from the 2008 meltdown.

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NEW HOME SALES SEE MODEST LOSSES FOR AUGUST - YEAR OVER YEAR

Inventory drives the market, in spite of continued shortages of existing properties to sell, closings  have continued to deliver record breaking numbers of units sold and average selling prices

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COST OF WAITING

This article is  provided by David Davis NMLS #76573 @ First Home BankSep 27, 2021One thing that we all keep hearing in this market from prospective buyers is “I’m just going to

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NEW HOME SALES SEE MODEST GAINS FOR FOR 2ND CONSECUTIVE MONTH

Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5% from the revised July rate, according to the US Census Bureau.Sales of newly built

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THE NEXT CLASS OF LUXURY HOMESELLERS IS YOUNGER THAN YOU MIGHT THINK

In 2020, nearly half of homesellers were baby boomers or part of the silent generation, but through the next year, a whopping 80% of luxury sellers will be millennials and Gen Xers.Luxury

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STRUGGLING HOMEOWNERS MAY EVADE FORECLOSURE THANKS TO SURGING PRICES

Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists.As eviction and foreclosure bans expire, real estate

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FALL HOUSING OUTLOOK: COOLING PRICES, TIGHTER INVENTORY, LESS COMPETITION

As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight.It looks like real

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INFLATION: CURRENT AND FUTURE HURDLES AWAITING REAL ESTATE

It may be time for real estate professionals to brace for the industry’s future as the Federal Reserve figures out how to address inflation in the United States.Amid the uncertainty

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DWINDLING SUPPLY OF HOMES MAY BE POISED FOR A TURNAROUND

About 850K homeowners may have their mortgages exit forbearance between Aug.-Oct. this year – a potential for tens of thousands more homes on the market.MIAMI – The American housing

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HOME SALES WILL COOL OFF FOR THE REST OF THIS YEAR AND NEXT: FANNIE MAE

Projected growth in new home sales wouldn't offset expected drop in existing home sales.Sales of existing homes were stronger than expected in July, but Fannie Mae forecasters expect homebuyer

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REASONS TO SELL YOUR HOUSE AS-IS

If you are thinking about selling your home, you may only see headaches ahead. You may face a long list of improvements you'll need to make before your house can even go on the market.Related: 6

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FEWER HOMES SELL IN AUGUST THAN LAST YEAR, A FIRST SINCE PANDEMIC BOOM

Home sales declined in August on a seasonally adjusted basis, settling in 6% lower than the same time last year, according to new data from Redfin released Thursday.For the first time since the

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BEST TIME TO BUY A HOUSE MIGHT BE NOW IN THESE METROS

Between now and Oct. 17, most markets across the country will have more homes for sale, lower prices and less buyer competition, according to Realtor.com data.Between now and Oct. 17, most markets

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HOUSING MARKET FALLS INTO SEASONAL TRENDS, BUT SECOND WIND COULD BE LOOMING

We’re seeing more balance in the housing markets, but a second wind could be ahead, according to the latest data from realtor.com®’s Weekly Housing Trends Report.Key findings:–

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FORECLOSURE RATE FALLS TO 22-YEAR LOW WITH EVERY US STATE TALLYING DECLINES

The foreclosures rate fell to 0.2% in June 2021 from 0.3% the previous year, according to data released Tuesday from property analytics provider CoreLogic.After a year of downward action,

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BORROWERS WITHDREW $63B IN EQUITY IN Q2

Black Knight: As a result of rising home values, the average homeowner could refinance their mortgage and withdraw $173,000, while keeping 20% equity in their home.JACKSONVILLE, Fla. – Black

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PRICES FOR HOME CONSTRUCTION MATERIALS DIP FOR FIRST TIME IN 2021

Builders got a break in August from the price increases of previous months, but the unpredictable swings in costs remained unwelcome.Prices for a broad range of construction materials dropped in

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DESPITE COOLING HOUSING MARKET, PENDING SALES CONTINUE TO CLIMB

During the 4-week period ending Sept. 5, pending sales rose 6% from the year before, according to a report released Wednesday by Redfin.The number of homes sold above list price — and the

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LEGISLATIVE SOLUTION SEEN AS "FASTEST PATH" TO ADDRESS HOUSING CRISIS

Florida Realtors: A new effort will offer homeownership opportunities for frontline workers and take the place of the Housing Funds for Housing ballot campaign.TALLAHASSEE, Fla. – Florida

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HOME PRICE GROWTH SOARS TO AN ALL-TIME HIGH IN JULY

Home price growth in July soared a record-shattering 18% year over year, the highest price appreciation recorded since CoreLogic began tracking the metric in 1976.Home price growth in July soared a

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WITH PROTECTIONS LIFTING, IMPROVEMENT IN FORBEARANCE NUMBERS SLOW

The numbers are headed in the wrong direction for loans that are backed by private lenders rather than the government, according to new survey by the Mortgage Bankers Association.The pace at which

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MORE SELLERS LISTING HOMES AS BUYERS SEEM TO HESITATE

Realtor.com got 18K more new listings in Aug. 2021 than it did in Aug. 2020 – and more were affordable, entry-level homes. Realtor.com’s economist says it’s still a seller’s

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CASE-SHILLER: HOME PRICES HIT 30-YEAR RECORD IN JUNE

Prices for single-family homes heated up even more as the summer market kicked off in June, according to the most recent S&P CoreLogic / Case-Shiller Indices.For the third consecutive month,

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FORBEARANCES HOLD STEADY AHEAD OF FEDERAL DEADLINE

The percentage of mortgages currently in forbearance remained almost entirely flat at 3.25%, according to the latest report from the Mortgage Bankers Association (MBA), though the industry expects&

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HOME PRICE GROWTH SURGES TO RECORD HIGH

Median home price growth soared 18.6% in June from 16.8% in May, setting a new record after a series of historic highs, according to the Case-Shiller National Home Price Index.U.S. home price growth

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OP-ED: INFLATION CONCERN A NATIONAL FACTOR, BUT NOT ONE THAT WILL CURB HIGH-NET WORTH APPETITE FOR LUXURY HOMES

As we move deeper into the third quarter of 2021, the boom that has swept up all aspects of the housing market—including the luxury sector—continues to hold strong…but for how?

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4 THINGS NOT TO DO WHEN YOU PUT YOUR HOME ON THE MARKET

So you've decided to put your home on the market. Congratulations! Hopefully, you've brought a rockin' REALTOR® on board to help you list your spot, and together you've done your due diligence

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SUPREME COURT LIFTS BIDEN'S COVID-19 MORATORIUM ON EVICTIONS

The Supreme Court's conservative majority is allowing evictions to resume across the United States, blocking the Biden administration from enforcing a temporary ban that was put in place because of

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VICTORY ON EVICTION MORATORIUM

SCOTUS rules for housing providers, CDC’s latest extension is unlawful.The U.S. Supreme Court ended the Centers for Disease Control and Prevention (CDC’s) eviction moratorium Thursday

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HOMEBUYING AND HOMEOWNERSHIP TRENDS ACROSS THE U.S.

Majority of consumers feel owning a home and having a tech-savvy agent are very important.The COVID-19 pandemic is revealing some key takeaways on how we want to live our lives. One learning is that

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FORGET MORATORIUM WORRIES: HERE IS WHY NOW IS THE BEST TIME TO INVEST IN REAL ESTATE

Now more than ever, properties are selling well over list price, and buyers are chomping at the bit to purchase. Here's why you shouldn't wait to get in on the action.The Federal Housing Finance

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INSTITUTIONAL INVESTORS ARE COMING FOR THE SHORT-TERM RENTAL MARKET

Experts say the transition for institutions is 'inevitable' and that it may ultimately bring a few perks, like lower pricing and more inventory, to short-term rental guests.Institutional investors

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EXISTING-HOME SALES BUMP UP IN JULY

July marked the second consecutive month of existing-home sale increases, according to the latest data from the National Association of REALTORS® (NAR).Total existing-home sales increased 2

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6 REAL ESTATE MARKETING LESSONS FROM KIM KARDASHIAN

Leverage your strengths and assets to connect with your audience.Love her or leave her, there is no argument that Kim Kardashian is a powerhouse marketer. With 240 million Instagram followers and 70

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SOME LANDLORDS SEEK EXIT STRATEGY DURING EVICTION BAN

Many smaller landlords are losing sleep, doing their own repairs, and some are even selling property, which could further dent the U.S.’s supply of affordable housing.NEW YORK (AP) –

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SUMMER HOUSING SLOWDOWN BRINGS BIDDING WARS BACK TO EARTH

Competition eased throughout the nation for Redfin agents, who reported only 60% of their offers were part of a bidding war in July.Bidding wars have been cooling off quickly, at least according to

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HOW MUCH MONEY DO YOU REALLY NEED TO INVEST IN REAL ESTATE?

It depends, but you don’t need to be "rich" to invest in real estate. You just need to be smart with your money and willing to invest it in an appreciating asset.NEW YORK – Most people

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1.7M HOMEOWNERS STILL IN FORBEARANCE AS PROTECTIONS EXPIRE

Loan servicers must attempt to work with borrowers before initiating foreclosure proceedings.The share of homeowners in forbearance posted the biggest decrease in three weeks at the end of July,

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HOME PRICES JUMP BY DOUBLE DIGITS ACROSS NEARLY EVERY US METRO

The median existing single-family home price rose 22.9% year over year during the second quarter, to $357,900, an increase of $66,800 from the year before, according to NAR.August 12, 2021 Share

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4 EASY TIPS TO HELP YOU STAGE A HOME LIKE A PRO

Meet the mother and son duo who stage homes to make a great first impression and get sellers the best price.Today’s homebuyers tend to make a decision about a property before walking through

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THE BEST KAYAKING LAKE IN FLORIDA IS ONE YOU MAY NEVER HAVE HEARD OF

The truth is, Florida lakes don’t usually get as much attention as say, fresh springs and the beaches. But, visiting a Florida lake during a warm, sun-filled day might just be the best

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3 WAYS TO MAXIMIZE THE VALUE OF YOUR REAL ESTATE AGENT!

Buyers can expect quicker tours and may be asked to take extra precautions, such as removing shoes, using hand sanitizer and refraining from touching items in the home.Many sellers have offered

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AP EXPLAINS: WHAT HAPPENS AFTER FORECLOSURE MORATORIUM'S END?

Most experts agree that there’s a “foreclosure threat,” but it’s uncharted territory – any uptick in foreclosure listings is hard to predict. With prices rising,

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CLEAR THE JUNK FROM YOUR LISTINGS

August 5, 2021One of the first steps before listing a home for sale is often clearing the clutter. But that can be tough for homeowners, who may already be overwhelmed with the prospects of moving,

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MLS FINDS THAT LISTED HOMES SELL FOR 17% MORE

August 3, 2021In a two-year analysis, homes on a mid-Atlantic MLS sold for more money than similar homes that sold off of it. Bright MLS, a multiple listing service that supports more than

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WORDS TO SELL HOUSES CHANGED DURING PANDEMIC

Most listing descriptions once started with things like “granite countertops” and “wood floors” – but words like “large” and “spacious” became

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GOLF COMMUNITIES SEE NEW LIFE

July 30, 2021Golf communities had seen a decline in demand over recent years, with several neighborhoods removing or repurposing them. But amid the pandemic, the popularity of golf communities has

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THE JUICE ISN'T WORTH THE SQUEEZE

Mr. President, there are many reasons why we shouldn’t cap the 1031 like-kind exchange.When President Joe Biden released his $1.8 trillion American Families Plan in April, one of the ways he

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FEWER CONTRACT SIGNINGS COULD SIGNAL MARKET TURN

July 29, 2021More potential home buyers may be getting priced out of the housing market as home prices continue to rise. Pending home sales declined in June, another sign that the housing market may

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JUNE 2021 EXISTING-HOME SALES BOUNCE BACK AS HOME PRICES HIT SECOND HIGHEST PACE

NAR released a summary of existing-home sales data showing that housing market activity this June increased 1.4% from May 2021. June's existing-home sales reached a 5.86 million seasonally adjusted

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NEW HOME-SALES TUMBLE AS BUILDING CONTRACTS SLOW

July 27, 2021Sales of newly built single-family homes continued to decline in June as some builders slowed sales contracts to manage supply-chain challenges and more potential buyers became priced

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YUN: VACATION MARKETS EXPECTED TO STAY HOT

July 27, 2021Since the pandemic began, vacation home sales have soared as Americans have looked for an alternate work-from-home space and a place to relax and spread out. That has prompted a-

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CONDO DEMAND REBOUNDS AFTER PANDEMIC SLOWDOWN

July 23, 2021Competition for condos is growing fierce, as most are selling above list price and in a record 22 days, according to a Redfin analysis of nationwide MLS data and public county records.

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LUXURY SALES SOAR 81% OVER LAST YEAR

July 21, 2021The multimillion-dollar trophy home has been in hot demand since the pandemic. The number of homes that were sold for more than $1 million has increased by a whopping 81% over the past

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MODEST UPTICK IN LISTING BUOYS SALES

July 22, 2021More home sellers are trying to snag some of the highest prices on record. That is helping to lift housing inventories and home sales.After four consecutive months of declines, existing

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FEWER OFFERS FACED COMPETITION IN JUNE

July 15, 2021Bidding wars are still more common than a year ago, but economists are starting to notice the competition lessen somewhat. As more housing inventory gradually enters the market, buyers

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THE ECONOMICS OF HOME OFFERS: ABOVE OR BELOW LIST PRICE?

Florida Realtors economist: In today’s market, prepare buyers to consider paying at least asking price – over half of successful Fla. transactions do. But it’s not a simple,

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WHY IS THE MARKET WHITE HOT? NO, IT'S NOT THE PANDEMIC

The groundwork for today’s inventory shortage was created during the 2008-2009 Great Recession. The pandemic merely made existing problems worse.NEW YORK – Today’s market problems

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THE HOME IMPROVEMENT BOOM ISN'T LETTING UP SOON

July 9, 2021The pandemic spawned a drive to spruce up the home and that desire is continuing. Half of U.S. homeowners recently surveyed say they plan to spend more on home improvements in 2021 than

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THE 3-D PRINTED HOME OPTION

With home prices rising and housing inventory tight, home buyers are craving a wider variety of options in a competitive market. While construction has picked up, labor shortages and the rising cost

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THE FORBEARANCE PERIOD IS ENDING

June 28, 2021By: Scholastica (Gay) CororatonAs the foreclosure moratorium for federally-guaranteed (FHA, VA, USDA) and GSE-backed (Fannie Mae, Freddie Mac) mortgages is about to end on June 30

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U.S. HOUSING BECAME MUCH MORE AFFORDABLE OVER THE LAST 40 YEARS

In recent weeks much has been written about the rising cost of U.S. housing. According to Reuters News Agency, the “rising cost of steel, lumber and copper is hampering homebuilding—and

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SELLER OPTIMISM HAS NEVER BEEN SO HIGH

July 8, 2021Seventy-seven percent of consumers say it’s a good time to sell a home—a record high, according to Fannie Mae’s Home Purchase Sentiment Index, a survey of 1,000 adults

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ADJUSTABLE-RATE MORTGAGES STAGE COMEBACK AFTER SCRUTINY

July 6, 2021Adjustable-rate mortgages became unpopular after 2008 financial crisis, but they are reemerging as buyers contend with record high home prices. “The epic surge in home prices has

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SHORT-TERM RENTALS PROVE TO BE INVESTMENT GOLD

July 6, 2021According to a Trip Advisor survey from this spring, more than two-thirds of Americans said they plan to travel during this summer. Investors are discovering greater interest in their

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TIME FOR ACCEPTANCE? MAKE THE MOST OF THIS PROVISION

The time for acceptance provision in Florida Realtors contracts hasn’t changed recently – but the market has. In a time when sellers often receive multiple offers in record time after

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LIFT IN LISTINGS AS HOME PRICES SHATTER RECORDS

July 2, 2021As home listing prices break another new record, more homeowners are looking to take advantage and list their homes for sale. New listings in June rose 5.5% year-over-year and are up 10%

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WHERE BUYERS ARE DESTINED TO FIND VACATION PROPERTIES

Vacation-home sales have surged during the pandemic as remote work and low mortgage rates have made them more desirable.In 2020, vacation-home sales climbed 16.4%, outpacing the 5.6% growth in

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HOME PRICE INCREASE: THE HIGHEST IN MORE THAN 15 YEARS

The April Case-Shiller home price report found prices rising at their highest pace since 2005, and the forces pushing prices higher offer “little evidence of abating.”WASHINGTON (AP)

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CONTRACT SIGNINGS SURGE AS AS HOME BUYERS REMAIN EAGER

June 30, 2021Pending home sales bounced back strongly in May and surged to the highest reading for the month of May since 2005, the National Association of REALTORS® reported Wednesday.NAR&rsquo

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PORCH VS. PATIO: DO YOUR CLIENTS KNOW THE DIFFERENCE?

June 30, 2021Porch and patios are not the same. But they’re both in demand, so it’s worth knowing the differences so you can present them accurately to your home buyers.Homeowners and

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BUYERS WAIVE CONTINGENCIES, BRING MORE MONEY TO CLOSE!

To win a bidding war, more buyers are waiving appraisal and inspection contingencies, according to the latest REALTORS® Confidence Index survey. Home buyers most commonly are waiving the

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NEW-HOME SALES DROP TO LOWEST PACE OF YEAR

Prices are surging and uncertainty in the availability of building materials, lots, labor is chipping away at new-home sales, even as buyer demand remains high.Newly built, single-family home sales

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BUYERS WAIVE CONTINGENCIES, BRING MORE MONEY TO CLOSE

June 25, 2021To win a bidding war, more buyers are waiving appraisal and inspection contingencies, according to the latest REALTORS® Confidence Index survey. Home buyers most commonly are

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FANNIE MAE 'MEANINGFULLY DOWNGRADES ' 2021 HOME SALE FORECAST

Citing new-home supply problems and tight inventory, Fannie’s latest forecast calls for a 4.2% uptick in 2021 home sales – a cut from 6.3% predicted a month ago.WASHINGTON – Fannie

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REAL ESTATE ECONOMY: IT'S NOT A BUBBLE UNLESS IT POPS

A bubble, by definition, pops and prices plummet. Look at buyer demand. Look at homeowner equity. Prices could stop going up for a bit – but it’s not a bubble.NEW YORK – Record

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NEW-HOME STARTS RISE, BUT STILL NOT ENOUGH

June 17, 2021Builders can’t build fast enough as home buyer demand continues to surge. But rising material costs are proving a challenge, making it more difficult to keep new homes within

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VACATION HOMES EVOLVE TO MEET HYPER DEMAND

Second-home locations—viewed as a safe destination when the pandemic disrupted how people live—have gained full-time residents, and houses are changing to meet the demand.As COVID-19

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HOUSING CRISIS REQUIRED A ONCE-IN-A-GENERATION RESPONSE

Calling the current housing shortage “dire, with a chronic shortage of affordable” homes, NAR suggests steps to take but warns it requires a “major national commitment.&rdquo

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HOMEOWNERS WANT TO LIST - BUTH THEY FEAR WHAT COMES NEXT

Many owners would love to get top dollar for their home, but they weigh that perk against the downside – buying another home – and fears outweigh their desire to list.NEW YORK –

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BUYERS MAY BENEFIT FROM AN AUCTION MINDSET

June 9, 2021Buyers who head into the housing market believing they should get a home for less than the listing price may be very disappointed. Instead, they may consider that asking prices have

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WHERE NEWER HOMES ARE COMING TO MARKET THE FASTEST

June 8, 2021Builders are building more, even though overall housing inventories still feel tight. Builders in April constructed about 24% more homes than they did in April over the last couple of

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HOMEOWNERS SEE NEARLY 20% EQUITY JUMP IN A YEAR!

Existing homeowners may be feeling richer since they've received a notable boost to their home equity over the last year. Homeowners with a mortgage have seen their equity climb nearly 20% year over

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HOMEOWNERS SEE NEARLY 20% EQUITY JUMP IN A YEAR

Existing homeowners may be feeling richer since they've received a notable boost to their home equity over the last year. Homeowners with a mortgage have seen their equity climb nearly 20% year over

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MORE THAN 8 OF 10 HOMES SOLD AT OR ABOVE LIST PRICE

With a low supply of homes for sale, sellers are finding quicker sales and fetching higher offers. Eighty two percent of homeowners who sold in the last six months accepted offers at list price or

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WHERE NEWER HOME ARE COMING TO MARKET THE FASTEST

June 8, 2021Builders are building more, even though overall housing inventories still feel tight. Builders in April constructed about 24% more homes than they did in April over the last couple of

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HOMEOWNERS WANT TO LIST - BUT THEY FEAR WHAT COMES NEXT

Many owners would love to get top dollar for their home, but they weigh that perk against the downside – buying another home – and fears outweigh their desire to list.NEW YORK –

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5 COVETED ITEMS IN OUTDOOR SPACES

Eighty-two percent of homeowners say they are more interested in updating their outdoor living spaces now than they were prior to the pandemic, according to the 2021 Outdoor Living Report(link is

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FIX THESE PROBLEMS BEFORE TAKING LISTING PHOTOS

June 4, 2021A strong online photo presentation of a home may have never been more important than it is now. The share of home buyers who used the internet to search for a home increased to an all

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BUYER REGRET ISN'T PLAGUING MOST RECENT PURCHASERS

May 26, 2021Despite higher home prices, waived contingencies, and an ongoing increase in shopping for homes virtually, most buyers say they’re happy with their recent home purchase. More than

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CONTRACT SIGNINGS FALL AS THE MARKET AWAITS MORE INVENTORY

May 27, 2021The lack of inventory continued to chip away at pending home sales last month, but the home-buying craze is still going strong.The National Association of REALTORS®’ Pending

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WORSENING AFFORDABILLITY HURTS NEW-HOME SALES

Sales of newly built single-family homes dropped 5.9% in April compared to March, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported on Tuesday. Sales are

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HOW HIGH ABOVE ASK MUST BUYERS GO?

Bidding wars have become the norm, but the bigger dilemma buyers face is how much higher the asking price will be in that competitive offer situation.In Marin County, Calif., a recent listing for a,

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SOARING LUMBER PRICES ADD $36K TO AVERAGE NEW-HOME PRICE

Buyers who purchase newly constructed homes are paying more not only because of intense competition in the market but also surging lumber prices. Record-breaking growth for the cost of lumber is

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FRAZZLED BUILDERS RESET EXPECTATIONS UNDER CRUSHING DEMAND

More buyers are turning to the new-home market for greater inventory options, but builders are struggling to keep pace. Some smaller firms have temporarily stopped signing new contracts in order to

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MOVING SCAMS AND HOW TO AVOID THEM

Moving scams are real and if you or your clients have ever been victimized, you know how difficult the frustration and struggle is to get your property. While real estate agents are typically not

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DOZENS OF ECONOMISTS DON'T SEE ANY BURSTING BUBBLES ON THE HORIZON

A new survey of 42 economists showed that home prices, housing starts, apartment vacancies and other factors should remain healthy for the next several years.BY JIM DALRYMPLE IIMay 19, 2021Home

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CONSUMERS CONTINUE TO SEE HOUSING AS A SAFE, HIGH-POTENTIAL INVESTMENT

The single-family housing market was particularly strong in 2020. As of Q4 2020, home prices appreciated 10.8% year over year, according to the FHFA Home Price Index, and the National Association of

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FLA NO. 1 FOR MEDIAN LIST PRICE, MOST EXPENSIVE HOME PRICE GAP

Realtor.com study: The median asking price for a Fla. home in April was $367,450; the asking price for the most expensive listing was $95M – a 25,754% difference.CHICAGO – Realtor.com

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WHAT WILL EXURB BUYERS DO IF CALLED BACK TO THE OFFICE?

Pandemic-era buyers moved farther out and to new cities, assuming they’d never have to return to the office. Now, if forced to choose, 25% would pick home over their job.SANTA CLARA, Calif.

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WORST DYI HOME BLUNDERS OVER THE PAST YEAR

The DIY industry has been booming since the pandemic as more homeowners tackle house projects while sheltering in. But some projects may be doomed to fail.Homeowners report spending an average of

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THE BIGGEST HURDLE FOR BUYERS? WINNING THE BIDDING WAR

Home searches are lengthening as buyers find themselves up against steep competition. Sixty-four percent of buyers who are actively engaged in the homebuying process reported searching for three

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A TASTE OF THE 1970'S?

  Inflation is edging higher, which doesn’t bode well or interest rates. The consumer price index rose 1.7% year over year in February after having sunk to nearly zero in the early months

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NAR COUNTERS BIDEN 1031 PROPOSAL

President Joe Biden’s recent tax proposal includes a $500,000 limit on the amount of deferred gain from Section 1031 like-kind exchanges. If the proposal becomes part of the official package

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THE REAL ESTATE MARKET ISN'T IN A BUBBLE - IT JUST ISN'T

Rising home prices and recession memories have convinced some buyers that a bubble will pop and prices will drop. But it’s just too much demand and too little supply.NEW YORK – The U.S.

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ARE EXISTING HOMES REALLY MORE PRICEY THAN NEW?

The median existing-home price for a single-family home in March jumped to a record high of $334,500, according to data from the National Association of REALTORS®. Meanwhile, the median sales

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THIS ISN'T A BUBBLE

May 6, 2021The U.S. housing market is on a hot streak with double-digit annual gains in home prices, bidding wars, and surging buyer demand. That type of soaring housing market is prompting more

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6 TIPS FOR GUIDING BUYERS IN A SELLER'S MARKET

Inventory is bleak, but there are still ways brokers and agents can help their clients find the right home.The seller’s market is only getting stronger in 2021 as home prices continue to rise

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WHAT PEOPLE LOVE AND HATE ABOUT THEIR HOME

From the paint colors to the layout and location, a person’s home can significantly impact his or her mental health, according to a new survey from Sears Home Services of more than 1,000

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BUBBLE TROUBLE: IS THE MARKET ON A COLLISION COURSE WITH DISASTER?

Soaring home prices have fueled talk of a bubble. Economists, however, think a gradual slowdown is more likely than a sudden pop.Bill Wilmering’s buyer has disappeared.An agent with Wood

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TURNING OWNERS INTO SELLERS

Inventory shortages have plagued markets across the country, but a new survey suggests a turnaround may soon begin to break for frustrated buyers who can’t find enough homes for sale.Ten

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3 REASONS FOR EXTREME BUYER DEMAND

One of the hottest topics nationwide right now is real estate. Some of the big questions people are asking out there are: How is our real estate market doing? Is it a good time to sell? To buy? How

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BUYERS UNDETERRED BY HOME PRICES

The median existing-home sales price surged to a record high in March, climbing 17.2% annually, the National Association of REALTORS® reported Thursday. Median prices nationwide reached a

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U.S. AVERAGE MORTGAGE RATES UNDER 3% FOR FIRST TIME SINCE FEBRUARY

The 30-year rate was 2.97% this week, down from 3.04% last week. Despite these low rates, many buyers are unable to purchase a home due to the shortage of inventory.McLEAN, Va. (AP) – Mortgage

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WEALTHY BUY UP LUXURY HOMES AMID PANDEMIC

In Feb., the number of homes sold for more than $1M rose by 81% year-over-year, while the number of homes that sold for less than $100K fell 26%, according to NAR.McLEAN, Va. – As wealthy

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SPRING BUYING SEASON IS HERE WITH 17% MORE NEW INVENTORY

The rest of the story is that while there are more listings for sale for the same time last year, there is not enough new inventory for sale to replace the 127% increase of pending sales and the 79%

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National Housing Survey

Housing Sentiment Jumps on Consumers’ Selling and Personal Finance Optimism.Sixty-One Percent of Respondents Believe It’s a Good Time to Sell a HomeApril 7, 2021The Fannie Mae Home

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WHY ARE THERE NO HOMES

Reach & Written by Richard EimersApril 14, 2021Speaking of Inventory, monthly newly listed properties continue to increase compared to the same month 12 months ago and it has been like this for

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MOVING TRENDS CALLED "THE GREAT RESHUFFLING"

Buyers are moving to smaller cities and more affordable states: renters are buying or moving out of the city. The demographic changes will impact more than real estate.WASHINGTON – Call it

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INVENTORY INSANITY: WHY ARE THERE NO HOMES FOR SALE IN AMERICA?

Inventory has been tight for a long time now, but this spring agents across the country are seeing something different — and more difficult.This is the first installment in Inman’s

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36% OF HOMES SOLD ABOVE LIST PRICE IN FEBRUARY, THE HIGHEST SHARE ON RECORD

SEATTLE, March 18, 2021 /PRNewswire via COMTEX/ -- SEATTLE, March 18, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The national median home-sale price rose 14.4% year over year to $336,200 in

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THERE'S NO REASON TO PANIC OVER TODAY'S LENDING STANDARDS

Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of

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AS MORTGAGE RELIEF PLANS END, WHAT'S NEXT FOR HOMEOWNERS?

For owners in forbearance, a possible foreclosure is closely tied to whether or not they’re working again. This spring, about 800K owners in forbearance – out of a total of 2.6 million

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Yearly Market Comparison 2005 to 2020

Written by Richard Eimers 3/30/2021Data comes from the Emerald Coast Association of Realtors Multiple Lisdting Service.This information is exclusively for the Santa Rosa Beach, Destin, Miramar&

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IS A HOUSING MARKET CRASH POSSIBLE IN 2021?

With the real estate market experiencing surging prices, scant inventories and a backlog of new home construction, many consumers are wondering if what’s gone up must come back down—in

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BEST BEACHES TO VISIT IN DESTIN, FLORIDA

Love soaking up the Sun? Then, Destin, Florida, is the place to be. Nothing can beat its sugar-white sand and crystal-clear water. Moreover, there is diversity on Florida's shores. From family

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WHAT THIS SPRING MEANS FOR REAL ESTATE: BUYERS BEWARE

Industry professionals painted a picture of a competitive market that only stands to get more intense as the weather gets nicer and more buyers come out this spring.The first day of spring is on

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Jan. Construction Spending Up 1.7%, Single-Family Up 3%

Overall residential spending increased 2.5%, boosted in part by higher demand for outer-urban areas where builders have more land to develop.SILVER SPRING, Md. (AP) – Spending on U.S.

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Feb. Housing Starts Fall More than Expected – 10.3%

Feb. Housing Starts Fall More than Expected – 10.3%Starts hit a 14-year high in Dec. before seeing an unexpected drop (5.1%) in Jan. and then 10.3% in Feb. Building permits – a sign of

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New-Home Costs Skyrocketing – and Not Just Due to Lumber

While lumber costs deserve a lot of the blame for the rising price of new homes, other things – crude oil (paint), drywall, ceramic tile – are also more expensive.NEW YORK – The U.

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JSX 'hop-on' jet service now offering flights out of Destin Executive Airport

DESTIN — JSX, the Dallas-based "hop-on jet service" has expanded into Florida for the first time, according to a press release from the company.The airline will offer seasonal

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4 YEARS OF INVENTORY ACTIVITY BY AREA

Active, New, Under Contract & SOLD ListingsDestin, Miramar Beach, 30A & Santa Rosa BeachWritten & Researched by Richard EimersWhy is this information important? Not because knowledge is

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LOCALLY WE TOO WILL HAVE FEWER PROPERTIES FOR SALE THIS YEAR

As we move into the 2021 real estate selling season, we are entering it with 46% fewer properties for sale. Based on Year Over Year Statistics we see that our inventory continues to be low, even

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Report: 50% Fewer Homes for Sale This Year

\March 4, 2021In Denver, real estate pros are reporting that some listings are seeing more than 100 showings in one weekend and are then receiving more than 20 offers. Buyers are being told to

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White Sand, Clear Water

Every year, families pack up the minivan and head to theFlorida Panhandle for a beach vacation with a Southern accent.“I’m catching crabs!” Four-year-old Jonathan Bullington shouts

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Speaking About Inventory Locally

Written by Richard Eimers, March 1, 2021Real Estate is as Local as the weather, the weather report for any other part of our country has no impact locally. So, when I read a national real estate

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WHAT'S DRIVING THE REAL ESTATE INVENTORY CRISIS? THESE 5 TRENDS

This situation isn't just pandemic-related — the inventory crisis has been a decade in the making, driven by five major trends that are unlikely to change.In March of last year, just as the

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Sellers on Sidelines? Pull out the Big Guns: Market Data

Florida Realtors economist: Why should I list now? Show them why graphically based on 1) different home needs, 2) low mortgage rates and 3) equity potential. In 2020, over one-third of Fla. single

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What's Going On With The Available Inventory

It's become cliché, "lowest inventory of property for sale since the beginning of time" and although this may be true there is new inventory coming to the market every week, unfortunately the

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Buyers Snatch Up New Listings as Quickly as They’re Available

February 19, 2021Home sales could easily be 20% higher if more homes were for sale, says Lawrence Yun, chief economist of the National Association of REALTORS®. Existing-home sales&mdash

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Spring Buyers Must Be Ready to Act Quick

This spring will likely be another fiercely competitive one for home buyers. Real estate professionals should prepare their house hunters for record low inventories and rapidly rising home prices.

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Home Sellers Are Feeling More Optimistic

As home prices rise by double-digit margins year over year, homeowners are increasingly viewing selling favorably. Consumers reported a significantly more positive view of homeselling conditions

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REGARDING INVENTORY

REGARDING INVENTORYResearched & Written by Richard EimersFebruary 16, 2021Looking back at January & February 2020 started off strong with a good balance of Seller inventory for sale and

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Are we trapped in another housing bubble?

Are we trapped in another housing bubble?A rapid rise in home prices has some experts worriedHome prices are rising coast to coast and are outstripping wages and rents. Some say it's another housing

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REGARDING THE BUBBLE LOCALLY

Researched & Written by Richard Eimers February 8, 2021Locally speaking; specifically, 30A, Santa Rosa Beach, Inlet Beach, Destin & Miramar Beach Home values appreciated by 17% in 2020, and

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Spring Buyers Must Be Ready to Act Quickly

February 4, 2021This spring will likely be another fiercely competitive one for home buyers. Real estate professionals should prepare their house hunters for record low inventories and rapidly

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Real Estate Trends: Housing Supply, Affordability Key in 2021

At Thurs.’s 2021 Florida Real Estate Trends, NAHB Chief Economist Dr. Robert Dietz called 2020 “a surprise year for growth,” and he along with other presenters generally agreed

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Tips on Rental Real Estate Income, Deductions and Recordkeeping!

If you own rental real estate, you should be aware of your federal tax responsibilities. All rental income must be reported on your tax return, and in general the associated expenses can be deducted

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WHY COVID HASN'T SLOWED DOWN THE U.S. HOUSING MARKET

The National Association of Realtors reported existing home sales for the month of December were at 6,760,000, a beat of estimates. This also closed the books on 2020’s housing market as we

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US Inventory Plunges To All-Time Low

BY LILLIAN DICKERSONFebruary 1, 2021, 7:56 A.M.Homes for sale in rural areas across the nation were down 44.4 percent year over year during the four weeks ending Jan. 21, driving an all-time low in

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Rising Lumber, Building Material Costs Press on New-Home Prices

New-home sales tapered off at the end of 2020 as higher home prices offset some of the strong buyer demand seen earlier in the year. While sales of newly built single-family homes increased 1.6% in

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Do Some Buyers Go Too Far In a Bidding War?

The highest offer tends to win a bidding war, but frustrated buyers hoping to increase their odds have made Harry Potter videos and offered sellers Academy Award tickets.NEW YORK – With strong

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Tips on Rental Real Estate Income, Deductions and Recordkeeping

If you own rental real estate, you should be aware of your federal tax responsibilities. All rental income must be reported on your tax return, and in general the associated expenses can be deducted

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COSTAR CEO: 'THE RESIDENTIAL AGENT IS ZILLOW’S COMPETITOR'

This is an article I felt I had to share, I've been talking about this for 15  years and it is nearly here, and we did it and we can thank our NAR and our local Association of Realtors for

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Locally What this 14 Year Peak Means to Us.

Research & Written By Richard EimersJanuary 25,2021Locally, Destin, Miramar Beach, Santa Rosa Beach & Inlet Beach existing-home sales for 2020 also surged to our highest level in 14 years,

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2020's Existing-Home Sales Attain 14-Year Peak

January 22, 2021Existing-home sales in 2020 surged to the highest level in 14 years, landing 22% higher than a year ago, the National Association of REALTORS® reported Friday. Existing-home&

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Essential Factors to Consider Before Buying Your First Vacation Rental

Purchasing real estate is one of the best ways to kickstart or build an investment portfolio. Notonly can a vacation rental bring in a steady flow of income, but owning a property is a great wayto

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'A Super Hot Market': Economists Weigh In On What To Expect In 2021

A handful of economists shared with Inman their forecasts for home sales and prices, inventory, the impact of a coronavirus vaccine and the risk of another recession.The housing market will enter

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Housing Market Still in Growth Mode Going into the Holidays

Housing Market Still in Growth Mode Going into the Holidays      HOUSING MARKET RECOVERY INDEX HIGHLIGHTS – WEEK ENDING DECEMBER 5The ‘housing demand’ component

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2021 Housing Market Forecast and Predictions

National Housing Market Forecast and Predictions: Back to NormalTo say 2020 was a year of surprises is an extreme understatement. What started off as a bright year for the housing market and the

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Running a Business from Home: Tips for Finding the Perfect Space

Did you know that half of all businesses in the U.S. are home-based? It’s no wonder why: the startup costs are lower, there’s no commute to speak of and there’s much more

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Yun: Real Estate Could See Best Winter Ever

Defying high unemployment and an economic recession, the housing market has surged during the COVID-19 pandemic. That isn’t likely to let up heading into the winter months, said Lawrence Yun,

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NEW LOOK: Walton County Commission could change the course of the customary use discussion

SANTA ROSA BEACH — For just shy of two years, Walton County has been funding a legal battle to wrest control of 16.4 miles of crystal white beach from the hands of private property owners.The

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HOMES ARE RAPIDLY DISAPPEARING

Through all the challenges of 2020, the real estate market has done very well, and purchasers are continuing to take advantage of historically low mortgage rates. Realtor Magazine just;

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What a vaccine could mean for the US housing market and real estate

An effective vaccine could mean a spike in interest rates and return to some pricy metro markets, economists and agents told InmanPharmaceutical giant Pfizer announced last week that the company is

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3 REASONS YOUR LISTING ISN'T SELLING AND HOW TO FIX THEM

Usually, when a home isn't selling, it boils down to 3 main reasons. The good news? Once you identify what's wrong and fix it, you'll be well on your way to achieving your goals.The key to being a

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It's a wrap for the 72nd annual Destin Fishing Rodeo

The 72nd annual Destin Fishing Rodeo finished strong on Halloween with big fish and big numbers.The month-long fishing tournament saw more than a dozen fish break onto the leaderboard on the final

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NAR passes ethics changes to crack down on social media harassment

The trade organization said on Friday that the changes will 'raise the bar on the professionalism and private speech of America’s 1.4 million Realtors'After an annual conference heavily

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More New Listings Are Finally Emerging

Buyers may finally be getting more housing choices. The number of newly listed homes is showing the most improvement since March. Realtor.com® says its data shows the housing market is

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How to help clients play their cards right in today's market

With the current low-inventory market and the overall uncertainty, an agent's job has never been more important. Here's how to guide buyers and sellers while keeping their stress levels low.With

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WEEK IN REVIEW OCTOBER 19 TO 26, 2020

Please see the graphs included, the 1st graph shows the sales activity by the week going back to March 20th. And shows the week over week percent of change of new listings, pending and sold

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What Will Homes Look Like in a Post-Pandemic World?

What Will Homes Look Like in a Post-Pandemic World?3 Takeaways: Buyers are mainly interested in single-family homes with more square footage.Wellness-centric amenities that combat the spread of the

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WEEK IN REVIEW OCTOBER 12 TO OCTOBER 18, 2020

We all have our real estate expectations on the line and all we really see are national data ad we are supposed to figure out how the national data applies to our local properties. I will tell you

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DelPrete: Zillow hiring agents is the megatrend you can't afford to ignore

Most of the largest real estate disruptors are moving toward hiring agents for new brokerage services — that's nearly $35B in enterprise value pushing in this direction.by Mike DelPreteToday 9

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Existing-Home Sales Hit Highest Level Since December 2006

Annualized Sales Rate of 6 Million in AugustWASHINGTON (September 22, 2020) – Existing-home sales continued to climb in August, marking three consecutive months of positive sales gains,

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Home prices in the pandemic: dig deeper into the data

See why the U.S. housing market continues to thrive, six months into the COVID-19 pandemicIn the early days of the COVID-19 pandemic, we were faced with a world of unknowns. Lockdowns across the

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Study: 400,000 Homeowners Are ‘Needlessly Delinquent’

October 7, 2020Not all struggling borrowers who are eligible for forbearance have taken it during the pandemic. That has led to a growing number of homeowners who are delinquent on their mortgages

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AS FALL HITS, HOMEBUYING REMAINS IN FULL SWING

Cooler weather won’t chill the housing market’s rally, as strong existing-home sales and record-high pending home sales in August indicate no homebuying slowdown in fall, NAR Chief

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Join the Fight To Save Like-Kind Exchanges

Calls To Eliminate or Limit Section 1031 of the Tax Code Threaten To Derail Economic Recovery and Further Damage a Hurting Industry.Four years ago, as Congress began debating what was to become the

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Floridians’ Consumer Sentiment Index Surges Higher in Sept.

The index score rose to 85.1 from Aug.’s 78.8 – the biggest increase since the pandemic hit. While the sentiment index isn’t back to pre-pandemic levels yet, the component

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Sales Activity Feb 1 - Sep 28, 2020

Can you believe it’s already the end of September, I can’t, in spite of everything that has gone on for 2020 thus far, our housing market remains robust and it would be so much better if

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New-Home Sales Top the 1 Million Mark

September 25, 2020Sales of newly built single-family homes in August reached their fastest pace since September 2006, the Commerce Department reported Thursday. They also attained another landmark:

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Pricing Your Home Right Matters This Fall! (INFOGRAPHIC)

Some HighlightsAs a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true.To sell your home quickly and for the

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The Cost of a Home Is Far More Important than the Price!

Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported:“Newly

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Is the Second-Home Market About to Boom?

Is the Second-Home Market About to Boom?YOLO (you only live once) took on a deeper meaning during the pandemic, and Americans’ glimpse of their own mortality may drive vacation home sales.NEW

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Top U.S. Area to Buy a Vacation-Rental Home - The Panhandle

Weiss Analytics: Fla.’s Panhandle offers the best returns on vacation-home investments in the U.S., while Siesta Key and the Miami Beach metro also made the top 20 list.NEW YORK – Real

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MONTHS IN REVIEW MARCH 1ST TO AUGUST 31, 2020

AUGUST 31 ST MAKES 6 MONTHS OF COVIDI thought it would be interesting to see, “Graphically” how COVID has impacted Real Estate. Thesefigures are a comparison of the sales activity for

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Will Home Sales Keep Defying Expecations?

Housing’s resiliency against the pandemic is “remarkable,” NAR Chief Economist Lawrence Yun  said to REALTORS® attending a virtual conference.Key takeways:A third of

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BUYERS CONTINUE TO RUSH TO THE NEW-HOME MARKET

August 26, 2020Buyers continue to rush to the new-home market. Sales of newly built single-family homes in July surged to the highest pace since 2006, jumping 36% higher than a year ago, the U.S.

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New-Home Sales Look a Lot Like 2006’s Housing Levels

August 26, 2020Buyers continue to rush to the new-home market. Sales of newly built single-family homes in July surged to the highest pace since 2006, jumping 36% higher than a year ago, the U.S.

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WEEK IN REVIEW AUGUST 17 TO AUGUST 23, 2020

Please keep in mind that this data is exclusively for inventory in the Destin, Miramar Beach, Santa Rosa Beach, 30A, Inlet Beach & Point Washington market areas. I personally harvest this data

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Top U.S. Area to Buy a Vacation-Rental Home? The Panhandle

Weiss Analytics: Fla.’s Panhandle offers the best returns on vacation-home investments in the U.S., while Siesta Key and the Miami Beach metro also made the top 20 list.NEW YORK – Real

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HOUSING RECOVERY, HOW STRONG IS IT?

The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a

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Let it go! 8 seller beliefs that no longer hold true today!

When it comes to real estate, people still hold on to a host of tired, old-school beliefs that are hard to shake off. But to ensure a successful sale, agents need to educate their sellers on how the

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WEEK IN REVIEW AUGUST 9 TO AUGUST 16, 2020

Please keep in mind that this data is exclusively for inventory in the Destin, Miramar Beach, Santa Rosa Beach, 30A, Inlet Beach & Point Washington market areas. I personally harvest this data

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'TESTING THE MARKET' IS DEAD! 5 REASONS SELLERS NEED TO LET IT GO

Increasing access to market data, evolving buyer behaviors and the new COVID-19 realities have made this practice obsolete. Here are 5 reasons to share with sellers to keep them from making this

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Don’t Fear Flood Data: Here’s How It Helps Clients

It doesn’t matter where you live. Any home can flood, and now there are new data tools to help gauge the level of risk to each property. You can play a big part in helping to educate your

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Why Foreclosures Will Not Crush the Housing Market Next Year

With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless,

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Hot markets, new opportunities: What agents across the country have to say about the industry

Dozens of agents from across the U.S. and Canada shared insights Tuesday during Inman Connect Now. Overall, they described active markets that have also changed during the tumultuous months of the

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7 Client Behaviors Emerging From COVID-19

As the effects of the pandemic continue, nine in 10 REALTORS® say their housing markets are in recovery mode, with many even saying their markets are hotter now than a year ago, recent member

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Strong Demand Fueled Home Prices Increases in May, but Prices Expected to Fall Over the Year

Home Price Index Highlights: May 2020                    National home prices increased 4.8% year over year in May.Home prices are forecast to

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MAKING SENSE OF THE HEADLINES: HOW HAS COVID-19 IMPACTED HOUSING SUPPLY?

I chose include this article because it has been the theme for My Week In Review since COVID. This artcle by Matthew Gardner chief economist for Windermere Real Estate & the second largest

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WEEK IN REVIEW JUNE 29 TO JULY 5, 2020

Ladies & Gentlemen we have a SPIKE.As of April 12, we have witnessed 2 significant Spikes. 1st are the sold & closed properties Spike and 2nd there is the inverted pending sales spike.The

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CEO of Realtor.com Operator Move: 'The Game's Not Over'

BY ANDREA V. BRAMBILAJune 03, 2020David Doctorow has now been CEO of realtor.com operator Move Inc., a News Corp. subsidiary, for five months and he takes exception to the

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Inventory continues to fall in June

Housing inventory across the US was down 27.4% year over year, or approximately 363,000 fewer homes during the same period last year, according to realtor.com.Although buyers appear to have regained

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Buyers Are Drawn to ‘Right-Sizing,’ But Also Leery of Losing Space

Moving to a smaller space is not just for empty nesters and retirees anymore, says Sheri Koones, author of Downsize: Living Large in a Small House (2019, The Taunton Press). Younger people are

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WEEK IN REVIEW JUNE 22 TO JUNE 29, 2020

New pending sales continue to be strong, nationally speaking YOY (Year Over Year) pending sales increased 13.7% according to the latest Zillow Weekly Market report. The areas experiencing the

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HAR no longer using 'master' to describe bedrooms and bathrooms

The association agreed to update the phrase to"primary bedroom" and "primary bath."The Houston Association of Realtors has stopped using the word "master" to describe bedrooms or bathrooms, a change

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6 Ways to Set Buyer and Seller Expectations for Today's Housing Realities

Although it's hard to know how long this pandemic will last, one thing seems certain — the drive to find the ideal home remains a priority. That's why it's important to let buyers and sellers

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Week In Review June 14 to June 21, 2020

It is June 22 and it feels like we have been doing July 4th Week since Memorial Day. Perhaps we can be grateful for stunning weather, the seaweed being gone and the gulf waters are quieter and

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‘Recovery Index’ Measures Housing Industry’s Return

Realtor.com measured its website’s listing data on Feb. 1, gave it a score of 100 and compared changes over time – and Fla.’s top metro areas outperformed U.S. averages. While many

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Behold! 20 of the biggest residential real estate sales of 2020 (so far)

Midway through the year, Inman breaks down some of the most expensive transactions of 2020 and finds that the pace of high-dollar deals hasn't been hampered by the pandemic.Even as the country

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Week In Review June 8 to June 14, 2020

Still waiting to exhale, been holding it since Memorial Day-Week, with our town and beaches once again filled to 95% occupancy with beach goers, bicycle riders, walkers, gulf and bay fishing,

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Finding the positive aspects of a pandemic

There is a once-in-a-lifetime opportunity here, a chance to make good from an ugly and painful situation.In case you haven’t noticed, we’re in the middle of a worldwide pandemic. The

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How my agent has been invaluable during this pandemic

Don’t underestimate how difficult this time can be for your buyer or seller. Know your market, understand its nuances and be able to explain your contracts and addenda in plain English.In a

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Week In Review June 1 to June 7, 2020

Tropical Storm Cristobal & COVID, a week of wind and rain may have dampened the mood just a bit with fewer new listings and fewer properties under contract. As the gulf waters covered our

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Nationwide Protests: Real Estate’s Leaders Respond

Calls for justice against racism and police brutality have manifested in the form of protests all around the U.S. after George Floyd, a black man in Minneapolis, lost his life after a white 

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Week In Review, May 23-31, 2020

Memorial Day/Week has come and gone and frankly, based on the crowds of people enjoying our beautiful beaches, I would say everyone was enjoying their respite from sheltering at home. One side

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With summer near, vacation home owners are renting for now

But real estate agents say that could all change in the fall, when owners of second and third homes seek to shake off excess properties. 'Since this happened before Memorial Day, people are saying I

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Week In Review May 16-22 2020

Open the Beaches, Open Short Term Rentals, Forget Social Distancing and let’s see what that has done to real estate since May 16th to May 22nd, we saw new listings spike to 162 with a spike of

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Luxury snapshot: Agents in high-end markets are staying busy

Clockwise from top left, Castle Rock, Colorado, Menlo Park, California, Franklin, Tennessee, and Morristown, New Jersey.When the coronavirus pandemic first hit the U.S., the real estate

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Grayton Beach State Park Named #1 Beach In The Country

GRAYTON BEACH, Fla. (WJHG/WECP) - There's hundreds of coastal towns in America, but it's this small beach community in the Florida panhandle that takes first prize.Grayton Beach is Dr. Beaches top

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Gain for Housing Share of GDP During 1Q20

During the first quarter. GDP growth posted its worst performance since the Great Recession, recording a -4.8% growth rate.However, housing’s share of gross domestic product (GDP) increased

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Woohoo! All Panhandle Counties Can Reopen Short Term Rentals - Restrictions To Be Announced Soon!

By: WCTV Eyewitness NewsMay 19, 2020TALLAHASSEE, Fla. (WCTV) — All Panhandle counties can reopen vacation rentals, the Secretary of Florida's Department of Business & Professional

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Watch for Home Sales Rebound as Economy Opens Up

Acknowledging the many unknowns in relation to the COVID-19 virus, Lawrence Yun, chief economist for the National Association of REALTORS®, sounded cautious optimism about where the economy is

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A Tourism Rebound Takes Time – Could Housing Save Economy?

State officials expect tourism to return slowly, but a robust real estate market may lead Fla.’s economic recovery. Mortgage rates right now may be lower than a potential home seller’s

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Week In Review May 2 - May 9, 2020

As we all continue to have concerns about what COVID-19 has done to real estate since March 13th & for the most recent 7 days, we saw 114 new listed properties with 99 properties under

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Why Home Equity Is a Bright Spark in this Housing Market

Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment

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COVID-19 Pushes Consumer Confidence in Housing to Lowest Level Since November 2011

Substantially Fewer Americans Believe It’s a Good Time to Sell a Home  After falling 11.7 points last month, the Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased an

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The anxiety of homebuying in the time of coronavirus

A first-time buyer — Inman reporter Andrea Brambila — goes through a day of socially distanced showings and wonders how to make the right choice while existing in a bubbleI arrived at

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Week In Review April 24 - May 1st, 2020

We all have concerns about the effects of the COVID-19 on real estate since March 13th. For the last 7 days, we saw 127 new listed properties with 97 properties under contract. Destin, Miramar,

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Agents Encourage Sellers To Keep Listings On The Market

As the real estate market grinds to a halt amidst the coronavirus pandemic, it may seem like conventional wisdom for prospective sellers to wait things out.But while data shows that a record number

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3 ways COVID-19 May Benefit Homebuyers in 2020

Even chaotic times can bring some positive lessons to learn from. Here's how COVID-19 might change the real estate industry and how homebuyers can benefit from the situation.BY ANDREW

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How To Conduct a Virtual House Hunt That's As Good As the Real Thing

If you've been thinking about buying a home for a while, you may have marked your calendar back in the winter to start your house hunt right about now. After all, spring typically kicks off the

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eXp realty helping buyers and sellers through virtual world

CHEYENNE, Wyo. (Wyoming News Now)- eXp realty has implemented 3D tours to do during this pandemic. They are using virtual world to bring in a buyer or seller and show them the house that way. "We

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5 Simple Graphs Proving This Is NOT Like the Last Time Around

With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006

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Buyers Waiting for Home Price Declines? It Won’t Be Soon!

Recession notwithstanding, housing prices rarely go down – and the financial underpinnings that led to steep drops a decade ago aren’t present in today’s market.NEW YORK – A

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Buyers Waiting for Home Price Declines? It Won’t Be Soon

Recession notwithstanding, housing prices rarely go down – and the financial underpinnings that led to steep drops a decade ago aren’t present in today’s market.NEW YORK – A

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Fla.’s Vacation Home Rentals Contribute $27.4B to Economy

Direct vacation-rental spending was almost 20% of Fla.’s tourism industry in 2017 and 1.6% of state GDP. In 2018, more than one in 10 (11.2%) tourists stayed in a vacation-rental home.

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12 Signs That Spell Caution in a Fixer-Upper

Fixer-uppers have long had their fans. Some investors love the idea of making major repairs to a home that increase its value and then resell the property for profit. Others are looking for a low

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Is Selling Your Home Right Now A Mistake Or Not?

Ask any real estate agent how the market is and you’re almost sure to get the same answer: “Great!”Even if the market is great, it still may not be a great time for you to sell.

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The 2020 Real Estate Market: What You Need to Know

One of the most-asked questions for real estate agents is, “How’s the market?”While it’s most important to know what’s happening in your area, it’s also a good

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Buyers looking for a fixer-upper? Here are 10 things to consider

It might sound like a great deal for your weekend warrior clients, but some properties just aren’t worth the price. Here’s what to watch out for!by Christy Murdock EdgarFebruary 03,

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What Exactly are the Closing Costs?

A home costs more than just the sale price. For example, closing costs—which make up about 2% to 5% of the home’s purchase price—are a major added expense. Michael Hyman, a

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Top Design Trends to Follow for 2020

With the start of a new decade, many changes are taking place. In regards to design trends, 2010 brought white kitchens, clean lines and minimalistic decor. Now, there’s a shift to older, more

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3 Benefits to Buying Your Dream Home This Year!

Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting.1. Buying a Home

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Strong Economic Data Leads to Upward Revisions in Growth Forecast

Outlook for Housing Significantly Upgraded as Economic Forecast StrengthensStrength in labor markets and consumer spending, both of which are expected to lead to further improvement in business

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4 Reasons There’s Not Enough Building

Speaking on a government policy panel during NAR’s first-ever Real Estate Forecast Summit were, from left, moderator Amy Scott of National Public Radio; Michael Neal, senior research associate

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If you love your agents, set them free

In today’s world of virtual options, agents are sick of being tethered to the office. If you’ve been hesitant to take your brokerage remote, here’s how you can give your agents

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Spitzbuben - A Favorite Christmas Cookie From Switzerland!

'Tis the Season for these favorite cookies at Christmas Time. My wife makes them every year (and no, she doesn't like to bake but she loves me, LOL).Recipe:175g of soft butter80g Powdered Sugar (and

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SELLERS WILL REMAIN ON SIDELINES IN 2020

I am Richard Eimers Broker Associate with the fastest growing national brokerage in the world eXp Realty. I am bringing this article to you because it is relevant to your goal to sell your property

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5 Real Estate Trends to Watch in 2020

The countdown to 2020 is officially on! We’re taking a look back at some interesting patterns from 2019 and discussing our top picks for real estate trends to look out for next year.1.

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The Home Warranty Catch Your Buyers Should Know About

Some sellers are hoping to hook a buyer by offering a one-year home warranty to cover repair costs for items such as appliances, electricity, or plumbing. The tactic, which is gaining,

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The Home Warranty Catch Your Buyers Should Know

Some sellers are hoping to hook a buyer by offering a one-year home warranty to cover repair costs for items such as appliances, electricity, or plumbing. The tactic, which is gaining,

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Housing Could Buoy Economy in 2020

Fannie Mae economists have upgraded the economic outlook for the coming year, and a big reason behind that is expected growth in the housing market. Housing added to economic growth in the third

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SHOULD YOU LET TENANTS & RENTERS SMOKE MARIJUANA WHERE IT'S LEGAL?

Vacation Rental Owners and Managers Weigh In On Navigating the Laws Around the Legal Use of Recreational Marijuana.The adult use of recreational marijuana is legal in a dozen states, with

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HOME PRICES TO SPIKE IN 2020: CORELOGIC

In September, Home Prices Grew by 3.5% Year-Over-YearHome prices in September grew by 0.4 percent by month and 3.5 percent year-over-year, according to the latest CoreLogic Home Price Index and

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EXP REALTY BECOMES THE LATEST BROKERAGE TO OFFER HEALTHCARE PLAN

The Brokerage is Partnering with Clearwater Benefits, a Texas-Based Insurance Startup For Independent Contractors.EXp Realty has become the latest brokerage to offer its independent contractor

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9 unreasonable repair requests your buyers should skip

Sellers are far more likely to agree to a $300 credit, than replace 30 $10 items, so use saftey or failure of an expensive system as your guide.Most buyers and sellers understand that buying and

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Dip in Existing-Home Sales Signals ‘Unbalanced’ Market

Home sales remain stubbornly low in the face of ongoing inventory shortages and high buyer demand, says Lawrence Yun, chief economist for the National Association of REALTORS®. Yun says the

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5 Sweet Tax Deductions When Selling a Home

The new tax code can be confusing but check for tax deductions or exemptions – like legal fees, escrow fees or other costs directly tied to the sale of your home.LAWTON, Okla. – You may

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Should you invest in property before and during a recession?

Economists and real estate agents are mixed about the impact thenext recession will have on housing The last recession saw housing prices plummet and foreclosures boom. As more and more

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NAR Survey: More People Feel Positive About Buying, Selling

Low mortgage rates are fueling more favorable opinions on home buying. Nearly two-thirds of Americans—or 63%—believe now is a good time to buy a home, shows the National Association of

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Walton County tourism numbers

WALTON COUNTY, Fla. (WJHG/WECP) - The numbers are in for Walton County tourism.This June and July, tourism officials say Walton County saw steady growth in tourism, about three percent.But in the

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2701 Scenic Hwy 98, Crystal Beach, Destin FL, Unit #4 FOR SALE!

AMAZING VIEWS OF THE GULF OF MEXICO!In all of Crystal Beach there is no better view of the Gulf of Mexico and Henderson State Park. You have to see it to appreciate how amazing this property is,

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No, your pumpkin spice latte addiction isn't preventing you from making that down payment

Realtor.com calculated how many pumpkin spice lattes you would needto skip to save up for a down paymentYou’ve heard the gripe about millennials and their spending before.If only they cut back

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Amazon dives into home sales with new $105K property

With 3 bedrooms and 2 bathrooms, the new home dwarfs the tiny homes Amazon began selling earlier this year.Months after a $7,000, do-it-yourself tiny home sold out within hours, Amazon is now

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Housing Markets Are Usually Not Hurt During a Recession

Excluding the Great Recession, a study of 1,039 state-level recessions since 1997 found that home values appreciated at the same rate they did in other times.NEW YORK – Other than the housing

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Yield curve inversion fears are overblown

Yield curves predicting recessions did so historically and will again at the end of Fed overshoots. The Fed has done no such thing this time.by Lou Barnes August 19, 2019The current situation is

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The Top Delays on the Road to the Closing Table

August 7, 2019Overall, the majority of contracts continue to be settled on time. Seventy-six percent of contracts made it to closing as scheduled from April to June, according to the REALTORS®

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Appreciation Is Strong; It Might Be Time to Sell

There’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell. Here’s a look at why selling now is likely to drive the

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How Much Do You Know About Down Payments

Whether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a

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Summer Drinks; Mel's Watermelon Margarita

Ingredients:For rim:kosher saltgranulated sugarZest of 1 limeLime wedgeFor the Margarita:4 c. chopped watermelon1/4 c.lime juice1/2 c. silver tequila1/8 c. raw, unfiltered honeywatermelon slices,

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The Most Common Problems Uncovered in Home Inspections

Very few home inspections ever come back completely clear. Indeed, 86% of buyers who recently had a home inspected said their inspector identified at least one problem, according to a new survey

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Home $$$ Appreciation Forecast

Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond.We’ve gathered current data from

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Should I Refinance My Home or not?

With the recent lower interest rates, many homeowners are wondering if they should refinance.To decide if refinancing is the best option for your family, start by asking yourself these questions:Why

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4 Easy Staging Tips You Haven’t Thought About

Selling can be overwhelming. You're packing everything up, trying to make the house look pristine when all around you is what feels like chaos. Since buyers want that great first impression, you

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11 Reasons Why Your Home Is Not Selling

When you first put your house on the market, you might be hopeful for a quick sale—especially if you've put a lot of money into improving the house over the years and if the neighborhood

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A-118 Pelican Circle, Seacrest FL

Townhome for Sale in Seacrest Beach FL!4 beds, 3.1 baths, 1,744 sqftLocated in the gated community of Camp Creek Lake. Beautiful gulf views and amazing sunsets.New Kitchen appliances, New Granite

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7 myths that buyers actually believe

Enhance your working relationships with clients by making sure they understand how the real estate market really works. Read on to find out howby Cara Ameer Cara Ameer, a top-producing broker

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We are in a 'homebody era,' and that means a housing shortage for years to come

Homeowners are clinging to low mortgage rates and increasingly aging in place, which means fewer people are selling and moving, and fewer homes are hitting the marketby Teke Wiggin Staff Writer

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The Ultimate Smart Home: 5 Devices That Save Money

A Minnesota-based real estate pro DIYed his dream smart home. In this final article in a three-part series, he shares money-saving tips you can pass on to your clients.May 30, 2019by Brandon

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The Top Choice for 2020 Color of the Year

PPG, a paint firm and color forecaster, released its early picks of inspiring hues for 2020. If the predictions are right, you’ll be seeing much more blue in home decor next year.

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Bank of America Offers Zero-Dollar Origination Fees

June 10, 2019Bank of America has made several recent moves to reduce the borrowing costs of would-be home buyers who have faced affordability constraints. The bank's latest offer: mortgages with no

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JOHN HIELSCHER: Sunshine State economy poised for long run

Economic growth in Florida has continued to outpace the nation so far this year and has evolved to enhance long-run competitiveness, according to economists at Wells Fargo Securities.The Florida

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Allegiant adds more nonstop flights at VPS

EGLIN AFB — Allegiant Air will begin six new nonstop routes to Destin-Fort Walton Beach Airport this week.In celebration, Allegiant is offering one-way fares on the routes for as low as $62,

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Alexa who? Yotelpad Miami will offer robot butlers

The modern hotel-condo combo will provide residents of its new Miami location access to 3 robot butlers.Have suggestions for products that you’d like to see reviewed by our real estate

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AS IS inspections: Can buyers cancel for any-old reason?

By Meredith Caruso May 6, 2019 – Calls to Florida Realtors Legal Hotline indicate confusion – sometimes flat-out outrage – over buyers’ ability to cancel within the

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Inspection’s over! 7 tips for negotiating repairs, credits and reductions

At this point in the deal, it's in both the buyers' and the sellers' best interest to follow these steps...Cara Ameer, a top-producing broker associate from Northeast Florida, writes about working

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Mainstream Concerns about Economic Slowdown Revisited

Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will

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Home Buyers are Optimistic About Homeownership

When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their,

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Boomerang buyers: More people who lost homes during housing crisis are buying again

After Teresa and Mark Taunton short sold their $535,000 four-bedroom dream home in Celebration, Florida, at the end of the real estate meltdown in 2011, buying another house was the last thing

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Florida consumer confidence hits 17-year high

Florida consumers are feeling pretty good these days.Despite some concerns about current economic conditions, consumer sentiment in Florida reached a 17-year high in April, the University of Florida

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Renters Are Paying Substantially More While Owning Costs Less

In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased.“CoreLogic’s national rent

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Agents see growing demand as mortgage rates plummet

Agents across the US are getting calls from would-be clients who realize buying is suddenly getting cheaper.Like an avalanche growing larger as it tumbles down a mountain, real estate agents are

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Existing home sales begin seasonal bounce back

Existing-home sales climbed 11.8 percent from January to a seasonally adjusted annual rate of 5.51 million in February, according to the latest data from the National Association of Realtors (NAR).

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Own a Rental Property? Why Filing Your Taxes This Year Rules

My husband and I recently purchased our first rental property. Over the past few months, we’ve repaired and renovated the 1930s-era home, and are starting to look for tenants.And it turns out

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Put Your Housing Cost to Work for You

There has been a lot written about the benefits of homeownership. One benefit that continues to rise to the top is the added wealth homeowners gain simply by paying their mortgage while their home

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Why April is the Best Month to List Your Home for Sale

The spring housing market is off to the races! The inventory of homes for sale is increasing, buyers are out in force, and interest rates have remained low, peaking the interest of buyers and

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Existing-home sales begin seasonal bounce back

Existing-home sales were up 11.8% over January, and the median sale price only increased 3.6%, according to NARExisting-home sales climbed 11.8 percent from January to a seasonally adjusted annual

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Is Your House Priced To Sell Now?

In today’s real estate market, with more houses coming to market every day and eager buyers searching for their dream home, setting the right price for your house is one of the most important

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Homeownership A Cornerstone Of The American Dream

The rumors of my death are greatly exaggerated.”The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade,

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Reasons to Buy a Home in the Spring

Spring has sprung, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting.1. Prices Will Continue to RiseCoreLogic’s latest U.S. Home

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EXp World Holdings revenue soars 212%

The virtual brokerage's revenue grew to $150.4M in the final months of 2018, up from $48.2M the year before, according to Q4 2018 earnings report.Revenue at eXp World Holdings, parent company of

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Here Is How To Increase Your Family’s Wealth!

Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a

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The Reason Why an Economic Slowdown Will NOT Crush Real Estate this Time

Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in

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This Should Be Your 1st Step when buying a house this year!

In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers

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The Year's Top 6 Kitchen Design Trends Will Make Your Mouth Water

For years, our kitchens have been dominated by bland, white-on-white palettes, granite countertops, and stainless-steel appliances. "Neutral" has been the reigning buzzword.But are you growing weary

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Realogy stock craters to all-time low after missing guidance

Shares of the country's largest real estate company are down over 19% as of 1:30 p.m. EST on TuesdayAfter reporting less than expected revenue and missing its earnings per share guidance, shares for

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5 reasons we jumped the KW ship for eXp

The Ellis Team was with KW for nearly 2 years and RE/MAX for nearly 18 before that. Now they are betting against franchises for their group — here’s why.John Pohly wrote this article in

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The Benefits of Becoming a Homeowner

Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes

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Normal Market is Just What We Need

The housing market has been hot for a while now. Homes have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let

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Why Seniors Are Taking the Heat for the Housing Shortage

Seniors choosing to age in place—staying put in their current homes—are creating a barrier to young adults buying their first homes, according to Freddie Mac’s February Insight.

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Why 2019 Is Being Called the Best Time to Buy a Luxury Vacation Home

“We are seeing sales up in the resort areas, including Hawaii and Vail,” Stephanie Anton, president of Luxury Portfolio International, told forbes.com. She notes that sales and prices in

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Better Perspective on Affordability

Headlines spotlight the fact that buying a home is less affordable today than it was at any other time in more than a decade. Those headlines are accurate.Understandably, buying a home is more

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3 Must-Do's Before Listing Your House for Sale

When it comes to first impressions, the little things make all the difference.Planning to sell your house this year? Now’s the perfect time to prep it for listing!Set aside a couple of

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US home sales plummeted 6.4 percent in December

WASHINGTON (AP) — U.S. home sales cratered in December, causing price growth to slip to the lowest level in more than six years as the housing sector ended 2018 on a decidedly weak note.The

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2019 Real Estate Forecast: What Home Buyers, Sellers And Investors Can Expect

There’s no doubt about it: the 2018 housing market has seen its ups and downs.The year started with sky-high home prices, historically low mortgage rates and a definitive upper hand for.

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Why Now Is A good Time To Buy A Vacation Property!

Every year around this time, many homeowners begin the process of preparing their homes in case of extreme winter weather. Some others skip winter all together by escaping to their vacation homes in

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11 Reasons Why Your Home Isn’t Selling

When you first put your house on the market, you might be hopeful for a quick sale—especially if you've put a lot of money into improving the house over the years and if the neighborhood

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YEAR IN REVIEW: Walton experienced big economic expansion

Walton County saw economic development expansions across the county in 2018, including in the more rural north end.Bill Imfeld, executive director of the Walton County Economic Development Alliance,

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Christmas Light Safety Tips: Did You Deck Your Halls the Right Way?

These Christmas light safety tips will help you get in the holiday spirit and reduce your risk of fire or electric shock injuries. There's nothing like a twinkling strand of Christmas lights to

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7 Important Repairs to Make Before Selling A House

As a smart seller, you’ll want your home in tip-top shape — but you don’t want to eat into your profits by overspending on home improvements. You won’t be around to enjoy

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Why Buy A Home This Winter? 4 Reasons!

Here are four great reasons to consider buying a home today instead of waiting.1. Prices Will Continue to RiseCoreLogic’s latest Home Price Insight report revealed that home

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The Everything Guide to Buying Your First Home

So you’re thinking about buying your first home. Your very own house (and mortgage). A place to call — and make — your own.It’s a big move, literally and figuratively. Buying

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Save the Wine for Yourself: 8 Affordable Hostess Gifts That Your Friends Will *Actually* Use

Holiday lights fall firmly into two camps. In one, you have the tasteful Martha Stewart fans, Goop-ers, and those who steadfastly believe less is more. And in the other? Those who

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NAR: Keep Rental Deduction Simple

October 19, 2018Rental Properties, Taxes, Tax ReformBy: Evan Liddiard“The new deduction for qualified business income included in last year’s tax reform act should be simplified and

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Hurricane Michael will transform real estate market

PANAMA CITY — One after the other, the Facebook messages poured in.“Two adults and two kids looking! No pets. Under $1200 month for everything;” “3 bedroom 2 bath needed. We

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Three new headaches for homeowner associations

By Benny L. KassOctober 26What do drones, copyrights and mold have in common?According to USI Insurance Services, a national insurer with more than 50 offices throughout the country, these are some

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Increase in Inventory Bullish or Bearish Sign?

In a recent article, National Housing Inventory Crisis Reaches Inflection Point, realtor.com reported that:New listings jumped 8% year-over-year nationally, the largest increase since 2013Total

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Why Home Buyers Need to Hurry

October 24, 2018While there have been signs recently that the market may be shifting toward the favor of home buyers, prices are still on the rise in many areas around the country. The median

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