The industry has long postponed recognition of falling property values. The bill is coming due. Plus: a Seussian glossary.In the dark days of 2022, when rising interest rates turned commercial real estate into a credit desert, the industry’s perpetual optimists found a rallying cry. Just survive until ’25, they told themselves. By then, inflation would be whipped, money would be cheaper, and demand would again tilt in their favor. But the wi
New safety guidelines for condominiums in Florida are causing significant disruptions in the real estate market.These changes, implemented in response to the 2021 Surfside condominium collapse that claimed 98 lives, have led to steep assessments for some communities and an increase in the number of condos listed for sale as owners seek to avoid costly maintenance fees.In 2022, Florida lawmakers unanimously passed legislation aimed at enhancing sa
Between signing and close, a homebuyer may choose to have a new home inspected to make sure it is in good condition and safe for a new owner. Here’s what buyers and sellers should know:What is a home inspection? A home inspection is an assessment of a home’s condition in which an inspector identifies potential problems in a home’s structure, exterior, roof, plumbing, electrical systems, heating and air conditioning, interiors, ventila
This year marks a major milestone. 12 years of creating communities, empowering dreams, and delivering on our promise of "A Better Way of Living!" Reflecting on our journey, we’ve grown together, forged lasting relationships, and helped families, investors, and businesses realize their real estate aspirations.From our humble beginnings to a respected name in the industry, every success story that we’ve contributed to over the past 12 years is
iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.REALTORS: Grow your real estate business, save time and build your wealth. 24/7 World-Class Support, Free Client Leads, Custom Website, Low Fees, and more
A recent Nareit commentary examined occupancy rate momentum across the four traditional property types and found that property fundamentals have generally been soft or softening across these sectors. Rent growth rates also highlight property market fundamentals. A review of these metrics and their respective momentum measures reveals similar outcomes to the occupancy rate analysis: year-over-year rent growth rates have broadly been modest or mo
Buying a home is one of the largest personal and financial decisions you can make. For many buyers, the process includes finding a loan that will help you pay for your new home over time. An iPro agent can help you learn about your options. Here’s what else you need to know:What is a mortgage, and how do I get one? A mortgage is a loan offered by a bank or lender that lets you borrow money to purchase a home and repay over time with inte
Once you sign a purchase agreement on your new home, there are still several steps to complete before you can finalize—or “close”—the transaction. While the process differs in each state, here are the basics of what you can expect during the period between signing and closing:What happens after I sign a purchase agreement? Once you have signed a purchase agreement, you will enter “escrow,” an arrangement that protects both buyer
NAR’s 2024 Migration Trends report reveals consumers’ motivations for relocating and which states are gaining the most new residents.A job change, which is typically a primary impetus for moving, is becoming less of a motivating factor for people to relocate—even as some companies call for employees to return to the office.Recent home buyers say they were more motivated to move to be closer to friends and family or to find greater affordabi
Employers added 227,000 workers to their payrolls in November, but with 7.1 million Americans out of work, the unemployment rate is back up to 4.2%, the Bureau of Labor Statistics reportsA rebound in job growth in November after disruption caused by October strikes and hurricanes was not enough to keep unemployment from rising, bolstering the case for a Dec. 18 Fed rate cut and more easing next year.Employers added 227,000 workers to their payrol
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