Realtor News

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Florida Realtors®, formerly known as the Florida Association of Realtors®, serves as The Voice for Real Estate® in Florida. It provides programs, services, continuing education, research and legislative representation to its 115,000 members in 67 boards/associations.
Updated: 4 hours 25 min ago

Flood ins. update: Feisty senators could cause a problem

Fri, 07/27/2018 - 04:09
The U.S. Senate won't take up flood insurance until this week – possibly hours before it's scheduled to expire. The short timeline could entice 1 of 3 fiscal-hawks who oppose it to invoke procedural delays; if so, the program would still expire on Tue.

Court finds agent 85% liable in settlement wire-fraud scam

Fri, 07/27/2018 - 04:07
The wire-fraud scam attempts to convince buyers to wire closing money to a scammer's account, and a new variation adds fake email addresses to be more convincing.

Senate to consider flood extension after House bill passes

Thu, 07/26/2018 - 04:15
The good news: There's a fair chance NFIP coverage won't expire July 31. Bad news: It's another short-term (4-month) extension that kicks the can down the road.

NAR releases 2018 Profile of International Transactions

Thu, 07/26/2018 - 04:14
Rising home prices and a tight inventories led to a 21% year-to-year decline in international transactions, according to the NAR study. Five countries accounted for 49% of the dollar volume: China, Canada, India, Mexico and the United Kingdom.

Florida Realtors Disaster Relief Fund: Dress down to help

Thu, 07/26/2018 - 04:14
The Realtors-helping-Realtors nonprofit, which distributed $321,000 to members after Hurricane Irma, will allow convention attendees who donate to "dress down."

Average mortgage rates edge up – 30-year at 4.54%

Thu, 07/26/2018 - 04:13
The FRM hit its highest point since late June, but mortgage rates have remained relatively constant over the past few weeks.

Study: Coastal home values aren't rising as fast

Thu, 07/26/2018 - 04:11
How much has buyers' fear of rising seas slowed coastal home value growth? A FloodiQ map shows what could happen to specific properties over the next five years.

Don't fear objections – deal with them ASAP

Thu, 07/26/2018 - 04:10
It doesn't help to promote a listing's attributes and discourage client objections. Unspoken objections can fester if not dealt with early in the process.

Don't miss out: Convention preregistration ends Monday

Thu, 07/26/2018 - 04:10
After July 30, Florida Realtors Convention and Trade Expo attendees register onsite rather than online – and it costs more to attend. This is your last warning: Register now.

Survey: Teams may cut into brokers' profits

Wed, 07/25/2018 - 04:25
Imprev Inc.: 76% of brokers say teams improve their total sales volume; however, 64% say they cut into profits as a result of lower per-agent income.

FEMA: Flood insurance premiums going up again

Wed, 07/25/2018 - 04:23
A number of Fla. homeowners have received letters from FEMA suggesting their flood insurance premium could rise by 18% each year – but a FEMA-planned change to risk-based pricing by 2020 could hurt coastal homeowners more.

New-home sales fall 5.3% in June

Wed, 07/25/2018 - 04:21
The decline follows solid growth in previous months with 2018 sales up 6.9% overall. However, June's median sales price also declined 4.2%.

The top U.S. migration pattern? New Yorkers moving to Fla.

Wed, 07/25/2018 - 04:19
Fla. was also the top destination for out-of-state movers from New Jersey, Pennsylvania, Michigan and Illinois, though a handful of Floridians moved to Texas.

Some U.S. cities pay people to relocate

Wed, 07/25/2018 - 04:18
Some cities with sluggish population growth are offering a carrot to attract new residents – up to $10,000 in some cases, student loan help or moving expenses.

Unsavvy owners: 3 in 10 don't know their interest rate

Wed, 07/25/2018 - 04:04
Some owners could save money if they understood the financial foundation of their investment – like people with adjustable rates who could be caught by surprise.

87% of Florida's Realtors don't care about flood insurance?

Wed, 07/25/2018 - 04:03
Floridians have 35% of all U.S. flood policies but only 12.9% of Realtors have responded to NAR's Call for Action to keep the program alive past July 31. Please do it now.

Grant program launched to help clean up algal blooms

Tue, 07/24/2018 - 04:33
Fla. DEP launched a $3 million program to help local governments clean up waterways affected by harmful algal blooms caused by discharges from Lake Okeechobee.

FHFA nixes more-inclusive credit-scoring models

Tue, 07/24/2018 - 04:32
A move that could have helped some buyers qualify, such as the self-employed, has ended. It affects more than half of the U.S. loans that fall under Fannie Mae and Freddie Mac.

DOJ, HUD launch PSA against sexual harassment in housing

Tue, 07/24/2018 - 04:32
The one-minute public-service announcement features three women who describe how their landlord pressured them to have sex under the threat of being evicted.

Homeownership isn't for everyone

Tue, 07/24/2018 - 04:31
Some people don't worry about finances beyond "this month" and live paycheck-to-paycheck by choice. Unexpected expenses can send them into a foreclosure tailspin.