The institute has released a new series of educational videos made available directly to consumers in an effort to increase real estate literacy across the state. Called Prop IQ, the series is hosted by REIQ CEO Antonia Mercorella who walks viewers through some of the complexities of certain real estate scenarios, answering questions regularly fielded…
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San Diego Real Estate
Interns Cohort 1: May to July 2024
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Mortgage Rates Soar to Highest Level Since November
For prospective homeowners and those looking to refinance, the latest news on mortgage rates may not be the most reassuring. As of April 17, 2024, rates on 30-year mortgages have experienced a significant surge, reaching their most expensive level since late November. This sudden increase has caught the attention of both industry experts and potential…
New Foreign Buyer Rules for Ag Land Take Effect
The Florida Department of Agriculture’s finalized rules regarding foreign-buyer registration for agricultural property ownership took effect April 4. ORLANDO, Fla. – The Florida Department of Agriculture and Consumer Affairs Division of Consumer Services finalized its rules that prohibit certain foreign principals from owning, having a controlling interest in or acquiring more than a de minimis…
Gift Cards: The Newest Hack to Own a Home
NEW YORK – In an era defined by skyrocketing housing prices and innovative financial strategies, a surprising trend is emerging: the use of gift cards as a means to navigate the landscape of homeownership. Traditionally reserved for birthdays and holidays, gift cards are now finding a new role as unconventional tools to help save for…
Business Rent Tax Reduction Set for June
A cut in the state’s commercial lease sales tax, from 4.5% to 2.0%, will begin on June 1, weeks earlier than originally expected. TALLAHASSEE, Fla. — Business owners will see an earlier-than-anticipated reduction to the state’s lease tax, beginning in June rather than July, state leaders said. Florida’s commercial lease sales tax rate, also known…
Where the gap between income and rent is widest – and growing
A new report from MCG Quantity Surveyors has unveiled 10 areas in Australia with the biggest gap between the average cost of rent and the income a person would need to comfortably afford it. The firm focused on so-called Level 2 statistical areas (SA2) because the demographic information is readily available through the Australian Bureau…
Myth-busting the ‘mum and dad’ investor cliche
When you imagine a typical property investor, the image of a middle-aged suburban couple may spring to mind. It’s an archetype which is reinforced and recirculated through language that speaks about “mum and dad” investors or even “the bank of mum and dad”. But according to new research from CommBank, this stereotype may be unfounded….
Will Fed’s Policy on Interest Rates Crash the Housing Market?
As we navigate through April 2024, the financial world has its eyes keenly set on the Federal Reserve’s decision regarding interest rates. This decision is pivotal as it can influence various sectors of the economy, including the housing market. While the Federal Reserve’s decisions on interest rates can influence the housing market, they are not…
Just Listed | 112 Lighthouse Circle #C
Experience the ????? of Home ECHOnomics… TERRIFIC IN TEQUESTA TRACE 2 Beds | 2 Baths Boasting a one-car garage, this home is light-filled and spacious, providing ample room for comfortable living. Plus the central location ensures proximity to amenities and…source