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Greater Miami Area Condo Sales Implode 47 Percent in February

Greater Miami Area Condo Sales Implode 47 Percent in February

by Third Party | Mar 25, 2023 | Real Estate News, U.S. Housing Market

Source: World Property Journal —  Greater Miami area total residential sales decreased 39.9% year-over-year in February 2023, from 2,814 transactions to 1,692, says the Miami Association of Realtors. Breaking down Miami area sales data further, Miami area condo...
Slow Start to the Spring Homebuying Season

Slow Start to the Spring Homebuying Season

by Leora Ruzin | Mar 25, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

This week’s news that the Fed is modestly hiking interest rates and may pause them sooner than anticipated brought mortgage rates down for the second week in a row, according to a new report from Redfin, the technology-based real estate brokerage.   Overall, the...
WHAT IS THE BEST SOCIAL MEDIA MARKETING PLATFORM FOR REAL ESTATE AGENTS AND HOW TO USE THEM

WHAT IS THE BEST SOCIAL MEDIA MARKETING PLATFORM FOR REAL ESTATE AGENTS AND HOW TO USE THEM

by Third Party | Mar 25, 2023 | Real Estate Agent Tools, Real Estate News

Source: Realty Biz News —  There are several social media platforms that can be effective for real estate agents, depending on your specific goals and target audience. Here are some of the most popular platforms and how to use them for social media marketing:...
New “Mansion Tax” to affect Luxury Homes in Los Angeles

New “Mansion Tax” to affect Luxury Homes in Los Angeles

by Leora Ruzin | Mar 25, 2023 | Real Estate News, U.S. Housing Market, WRE News Exclusive

The City of Los Angeles will begin charging a ‘Mansion Tax’ on commercial and residential real estate transactions over $5 million effective April 1, 2023. The existing documentary transfer taxes in Los Angeles will not be repealed or altered by the mansion tax....
HOW TO GET ON THE FHA CONDO APPROVAL LIST

HOW TO GET ON THE FHA CONDO APPROVAL LIST

by Third Party | Mar 25, 2023 | Real Estate Agent Tools, Real Estate News

Source: Ris Media —  If you want to buy a home but the down payment requirements make this seem out of reach, there are more affordable options. Choosing an FHA-approved condo allows you an easier option to buy with lower credit and down payment requirements....
Black California couple’s home appraises for $500K more when White friend poses as owner

Black California couple’s home appraises for $500K more when White friend poses as owner

by Third Party | Mar 25, 2023 | News/Current Events, Real Estate News

Source: Fox Business —  A Black couple has settled a lawsuit with a property appraiser who undervalued their California home by almost half a million dollars. Paul Austin and Tenisha Tate-Austin’s four-bedroom residence in Sausalito, near San Francisco, was...
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