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: 20 hours 4 min ago

Flood insurance's big problem: Habitually rebuilding same home

Tue, 11/27/2018 - 05:21
A N.C. homeowner lost everything in Sept. to Hurricane Florence, but her NFIP policy that costs $2,000 per year will help her rebuild – just as it helped previous owners rebuild damages to the home after floods in 1996, 1998 and 1999.

Forget marriage – more young adults prefer homeownership

Tue, 11/27/2018 - 05:19
Survey: 72% of millennials list ownership as a top priority; 50% say marriage. Ownership makes them feel mature (47%), independent (36%) and established (34%).

Townhouse construction reaches post-recession high

Tue, 11/27/2018 - 05:18
As home prices and interest rates rise, townhouses – a sort of single-family home/condo hybrid – are becoming more popular with buyers, says NAHB.

Consumer Confidence Index declines a bit in Nov.

Tue, 11/27/2018 - 05:17
Consumer attitudes, while still strong, dropped about 2 percent points largely due to concerns about the future – attitudes about current conditions improved.

Good and not-so-good ideas for listing promotions

Tue, 11/27/2018 - 05:16
If inflatable dinosaurs, unicorns and pandas can go viral to promote listing photos, why not half-naked models? A Texas Realtor tried it with very mixed results.

NAR's Realtor Relief Foundation: $400K for hurricane victims

Tue, 11/27/2018 - 05:15
Hurricane Michael victims, including non-Realtors, may apply for a $1,500 housing grant from NAR even if they've already applied for aid from other groups. https://www.floridarealtors.org/NewsAndEvents/article.cfm?p=2andid=373617

Mortgage rates fell last week – 30-year hit 4.81%

Mon, 11/26/2018 - 03:34
It was the biggest weekly drop since January 2015, but the 30-year FRM was still up almost a percentage point from its 3.92% one year ago.

New Congress is a ray of hope for flood insurance extension

Mon, 11/26/2018 - 03:33
National flood insurance, like the 2018 hurricane season, ends at midnight on Friday. Many observers predict another short-term extension for NFIP, but newly elected 2019 lawmakers seem more open to a long-term extension that keeps rates affordable.

It's getting tougher to buy a brand-new home

Mon, 11/26/2018 - 03:32
Home price rises continue to outpace income increases, and, as a result, builders are seeing a turn in the market for new homes, and they're less likely to build.

Legal QandA: What can be done about an aggressive dog?

Mon, 11/26/2018 - 03:30
Also: A developer preparing to turn association control over to residents says he doesn't need a financial audit because it's not in the covenants. Is that true?

I inherited a house – what do I do now?

Mon, 11/26/2018 - 03:29
As part of an estate, a house often goes to multiple children. While "sell it" is the go-to answer, it's often more complicated than that for many families.

Create a master real estate marketing plan

Mon, 11/26/2018 - 03:28
For most agents, Dec. is a time to reassess their business and change things. They can then hit the ground running on Jan. 1 to make 2019 their best year ever.

New home construction rose 1.5% in Oct.

Tue, 11/20/2018 - 03:48
The gain came exclusively from apartment construction with single-family starts dropping 1.8% for the month – however, single-family rose 4.7% in the South.

Study: Homeownership delay hurts long-term financial health

Tue, 11/20/2018 - 03:47
Want to retire comfortably? Millennials should buy a home now, finds a ULI study. Those who postpone a purchase now to save money, end up losing out later because buying young nets a "big bang for the housing buck."

Why did Amendment 1, a new homestead exemption, fail?

Tue, 11/20/2018 - 03:45
Almost everyone expected Fla. voters to approve a new homestead exemption, but it was the only proposal that failed to receive the needed 60% for passage.

Small biz can sometimes get Amazon-like real estate deals

Tue, 11/20/2018 - 03:44
Cities were willing to almost give real estate away to land a big company like Amazon. But small companies also have tactics they can use to save money.

More homeowners add ADUs, make improvements

Tue, 11/20/2018 - 03:40
In Oct., expenditures on existing homes – renovations, additions and alterations – rose 2.9%, and some owners are adding accessory dwelling units (ADUs).

Make the media listen to you

Tue, 11/20/2018 - 03:39
A media quote is worth hundreds or thousands of dollars in free advertising – but it may take time to convince a reporter that you have something worth saying.

Florida Realtors offices closed Thanksgiving, Black Friday

Tue, 11/20/2018 - 03:38
What are Realtors thankful for? In addition to family and friends, many members are using #ThankfulRealtor to share their real estate blessings online. Find out more. https://www.floridarealtors.org/AboutFar/ThankfulRealtor.cfm

Economy likely to cool – but how much?

Mon, 11/19/2018 - 03:39
It's past time for a normal downturn in the economic cycle – but when will it happen and how bad will it be? Economists disagree but many predict one by 2020.