Buyers turn to agents for mortgage information
A recent survey found 43% of recent buyers sought mortgage information from real estate agents, ahead of lenders, family and friends, and digital sources.
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A recent survey found 43% of recent buyers sought mortgage information from real estate agents, ahead of lenders, family and friends, and digital sources.
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Agents can generate more referrals by staying connected with past customers and community contacts, offering useful help and making personal introductions easier.
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Buyers may face less competition and more room to negotiate in fall, but fewer listings and affordability challenges can limit their options.
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Tampa ranked No. 1 in CoStar’s analysis of smaller industrial spaces, with Miami, Orlando and Jacksonville also placing among the nation’s top 20 markets.
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Baby boomers and the Silent Generation are expected to release millions of homes over the next decade, but most will be family-sized or larger, offering limited relief for first-time buyers.
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Real estate brokerages plan to expand AI use for recruiting, administrative work and customer management, according to a Delta Media Group survey.
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Tailoring messages to a person, property or neighborhood can help agents distinguish their business and encourage customers to respond.
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Fannie Mae will allow mortgage companies to notify borrowers who may qualify to cancel private mortgage insurance, potentially lowering their monthly payments.
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Florida Realtors members heard how Amendment 3 could provide meaningful property-tax relief and improve affordability if approved by voters in November.
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The average 30-year mortgage rate climbed to 7.28%, its sixth straight weekly increase and highest level since November 2023. The 15-year rate rose to 6.60%.
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A new survey found 77% of recent buyers exceeded their initial budgets, while some accepted fewer bedrooms, smaller yards or different locations.
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Agents and buyers may see both old and new appraisal formats during the transition. An Oct. 16 Florida Realtors webinar will explain the changes.
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