Josh Anderson

5 Takeaways from NAR Legislative Meetings 2024 (The audience of this video series is geared toward fellow REALTORS and those in the industry). Recently I went to Washington DC for the National Association of REALTORS Legislative Meetings. I want to share with you 5 takeaways from my trip. This is a 5 part series. In each video I’ll share one takeaway. The first takeaway I want to share with you are the key terms of the NAR settlement and a summary of the changes. You can view the first video here:

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Important update on the recent NAR settlement! Freddie Mac and Fannie Mae have clarified guidelines on buyer-side real estate agent commissions following the recent NAR settlement. Save this graphic for a handy reference to the updated seller concession guidelines. #PHM #ProsperLocal #NAR #FreddieMac #FannieMae #Guidelines #Mortgage #RealEstate

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1. 💡 Understand the Basics: Familiarize yourself with the SBA 504 loan program’s structure and benefits. 2. 📊 Financial Preparation: Have your financial statements in order, including balance sheets and income statements. 3. 🏢 Project Eligibility: Ensure your project qualifies under SBA 504 guidelines, focusing on real estate or heavy equipment. 4. 🤝 Build Relationships: Work with a trusted CDC and lender to navigate the process smoothly. 5. 📝 Complete Documentation: Gather all necessary documents, such as business plans and tax returns. 6. ⏳ Plan Ahead: The SBA 504 process can take time, so start early and be patient. 7. 📈 Growth Potential: Highlight how the loan will help your business grow and create jobs. 8. 🔍 Review Rates: Understand the interest rates and fees associated with the SBA 504 loan. 9. 🛠️ Use Funds Wisely: Allocate the loan proceeds correctly for project costs and eligible expenses. 10. 🌐 Stay Informed: Keep updated on any changes in SBA 504 regulations and policies. #SBA504 #its504somewhere #AmPacBusinessCapital #SmallBusinessLoans #BusinessGrowth #RealEstateFinancing #BusinessExpansion #SmallBizSupport #Entrepreneurship #CommercialRealEstate #BusinessFunding #EconomicDevelopment #SmallBizTips #BusinessSuccess #FinancingOptions #JobCreation #CDC504

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It's amazing and almost bewildering how home prices in Southeast #Florida's counties continue to ramp up in 2024 Q1 in most markets despite higher #mortgage rates and an solid/unbroken price appreciation since 2012 ( in Miami-Dade). Market conditions are still tight despite the uptick in inventory and cash/high-end buyers who are less sensitive to interest rates are propping up this market. -93% of #Miami-Dade's submarkets (with at least 15 sales) experienced an increase in the median single-family sales price -81% of #Broward county submarkets -100% of #Palm Beach markets -80% of #Martin and #St.Lucie #Mortgage rates are likely to remain elevated at over 7% in through September 2023, but buyers should not expect significant gains by waiting/timing the rate cut as prices continue to increase in most markets. Read more at https://lnkd.in/e2WJS74W Miami Association of Realtors #miamiforwardfocus #miamiforwardthinking

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Freddie Mac reported that the 30-year fixed #mortgage rate decreased to 7.09% in the week of May 9. Rates fell as the #labor market continued to slow down, with the unemployment rate slightly ticking up to 3.9% in April. However, mortgage rate movements remain volatile as the Fed wants to be more convinced by more data that inflation is heading towards 2% without reigniting. It will take a significant economic slowdown for the Fed to decide to cut rates. Meanwhile, #homeprices continue to rise. In our latest analysis, nearly 90% of Southeast #Florida's submarkets (e.g. cities/towns) saw an uptick in the median single-family sales price in 2024 Q1 from one year ago. Waiting for rates to fall may not yield the desired savings as home prices continue to rise, more so as demand picks up when rates start to fall. See the analysis at https://lnkd.in/e2WJS74W #Realtors and real estate agents can best help buyers navigate the challenging #homebuying conditions by helping them think through their must haves vs. want to haves, their budget, and the local market's housing dynamics. Miami Association of Realtors BROWARD-MIAMI, a Division of MIAMI REALTORS® JTHS-MIAMI, a Division of MIAMI REALTORS® Young Professionals Network (YPN) Miami MIAMI Commercial #miamiforwardfocus #miamiforwardthinking

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🏡✨ June 2024 Real Estate Market Update: Inventory has doubled since last year! 📈 Great news for buyers with more options to choose from. Sellers, it’s time to act fast and sell now! 🏠💼 #atlantafinehomessir #thearchergroup #AtlantaRealEstate #MarketUpdate #HomeBuying #HomeSelling #June2024 #RealEstateTrends #BuyersMarket #SellersAlert

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The free market report for zip code 30269 indicates strong market activity, with rising property values and increasing buyer interest, suggesting a competitive and dynamic real estate environment. https://lnkd.in/dXdQQipG

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Your June Real Estate Guide Inside featuring Nailstry! #newsletter #francetherealtor #francemakabu #movingtoflorida #floridarealtor #nailstry

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7 Tips for Completing NC Probate Inventory Form AOC-E-505 | Ep 288 Guide 🚀 | Estate Pro Service, LLC #Probate #NorthCarolina #EstatePlanning #LegalTips #AOC505

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Over the past four years, we've seen a significant impact of hybrid work environments on the office market. The key takeaway? Offices that offer engaging and dynamic experiences are successfully drawing employees back from their home offices.#commercialrealestate #HybridWork #WorkplaceDesign #OfficeMarket #CRE #FutureOfWork #EmployeeEngagement #cre #sior https://lnkd.in/g_vx_ySw

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Current Mortgage and Refinance Rates in Georgia Contact me to discuss the latest scoop in real estate! #georgia #georgiarealtor #georgiarealestate #geogiahomes #georgiarentals #georgiahousing #georgiatoprealtor #georgiatoprealestateagent #georgialistings #georgiabrokerage

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