Realtor News

Syndicate content
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: 53 min 49 sec ago

FHA will stop financing property with a PACE loan

Mon, 12/11/2017 - 03:44
HUD will no longer allow FHA financing on properties if a PACE energy-efficient improvement lien remains in place. It says a mortgage default could threaten its Mutual Mortgage Insurance Fund since PACE loans have priority lien status.

Legal QandA: Does condo board have authority to give gifts?

Mon, 12/11/2017 - 03:42
Legal QandA: Does condo board have authority to give gifts? Also: Is the shower drainpipe in my upper-floor condo my responsibility until it joins my downstairs neighbor's drainpipe? When does the HOA have authority?

9 grants and programs that help secure a first home

Mon, 12/11/2017 - 03:37
80% of millennial renters want to buy a home, yet most say they can't afford it. However, there are ways to get around that problem.

Most likely RE industry disrupter? Self-driving cars

Mon, 12/11/2017 - 03:36
Experts predict that fully autonomous vehicles will be here by 2021, and if "commute time" becomes irrelevant, it could change supply, demand and home prices.

Florida Realtors: Deck the halls safely this holiday season

Mon, 12/11/2017 - 03:28
Yule logs should burn – Christmas trees should not. If you're decorating for the holidays with this year, keep these safety tips in mind.

The state with the highest hidden flood risk? Not Fla.

Fri, 12/08/2017 - 02:41
Homes in Special Flood Hazard Areas are high risk, but the state with the most in moderate or high-risk zones isn't Florida, Texas or Louisiana. It's Arizona.

FREC to consider team advertising rules on Wed.

Fri, 12/08/2017 - 02:40
On Dec. 13, the Florida Real Estate Commission (FREC) will discuss – and

Is a front-yard veggie garden a constitutional right?

Fri, 12/08/2017 - 02:34
The Fla. Supreme Court has been asked to nix a local ordinance that allegedly violates privacy rights, and the right to acquire, possess and protect property.

More property tax money coming in – but for what use?

Fri, 12/08/2017 - 02:29
Rising home values increase property taxes, and Gov. Scott's proposed budget would move much of that tax money into education as a "required local effort."

State's largest insurer raising rates 9.9% in S. Fla.

Fri, 12/08/2017 - 02:28
Universal Property and Casualty has approval from regulators to increase rates for most of its single-family homeowners in Broward, Palm Beach and Miami-Dade.

Low inventory? Owners have many reasons not to sell

Fri, 12/08/2017 - 02:27
Homeowners may want to move up or downsize, but it's hard to find a "next home" today – and even if they do, they'd lose property tax savings under Fla.'s Save our Homes amendment and possibly their current ultra-low mortgage rates.

Congress OKs short-term flood-insurance extension

Fri, 12/08/2017 - 02:26
The National Flood Insurance Program did not expire on Fri. as feared, but Congress extended it for only two weeks. Its new expiration date: Dec. 22, 2017.

A breakthrough in the Fannie, Freddie problem?

Thu, 12/07/2017 - 04:21
The House financial services chair admitted that his mortgage reform bill probably won't become law and said he's reaching across the aisle to find a bipartisan solution.

Under tax reform, 14.9% more Fla. sellers could owe capital gains taxes

Thu, 12/07/2017 - 04:20
If an owner today sells after two years, he doesn't pay capital gains taxes. But under tax reform, the minimum stay increases to five years, which NAR says would force 14.9% of Fla. owners to wait up to two years if they want to sell their home.

Mortgage rates rise as economy shows signs of strength

Thu, 12/07/2017 - 04:19
The benchmark 30-year mortgage rose to 3.94% from last week's 3.9%, but overall mortgage rates are still low by historical standards.

Legal QandA: How many gates does a gated community need?

Thu, 12/07/2017 - 04:17
A new homeowner bought a home in a gated community still under construction, but the gates stop only cars – not people. What does "gated community" mean?

Fla. regulators approve Citizens insurance rate hikes

Thu, 12/07/2017 - 04:15
The Office of Insurance Regulation OK'd an average 6.6% increase for homeowners' multi-peril policies after the 90-day rate freeze due to Hurricane Irma ended.

Is it worth hiring an inspector if a home has this?

Thu, 12/07/2017 - 04:14
While a home inspection is important, buyers could see a few red flags on their own – items they should factor into their decision to make an offer on a home.

U.S. homelessness up – first time in 7 years

Wed, 12/06/2017 - 03:58
Homelessness increased for the first time since 2010, driven by a surge in people living on the streets in West Coast cities. Fla. had a 4.1% yearly decline.

Tax overhaul could chill affordable housing construction

Wed, 12/06/2017 - 03:53
In addition to forcing owners to live in their home at least five years to avoid capital gains taxes, tax reform is set to change affordable-housing bond rules and nix tax-exempt status – another reason to respond to NAR's latest Call for Action.