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: 6 hours 9 min ago

FORMS UPDATE: New Contract Language, Forms, Addendum

16 hours 56 min ago
Updates to Vacant Land Contract (several), two sections of the Seller’s Property Disclosure (residential), Extension Addendum and CRSP Addendum L. 

Zillow’s iBuyer Program Debuts in South Florida

16 hours 56 min ago
Orlando, Tampa and Jacksonville have Opendoor or Offerpad, but instant-offer home buying is rarer in S. Fla., and Zillow Offers is one of the first to arrive.

Higher Property Values Create Tax Windfall in Some Cities

16 hours 56 min ago
If property values rose 8%, property taxes are 8% higher too. Local governments could cut their rate to even-out year-to-year collections but few plan to do so.  

10% of Post-Hurricane Money Lost to Disaster Fraud?

16 hours 57 min ago
Pensacola’s post-hurricane recovery could have been slowed by fraud – scammers, individuals lying about damage and unlicensed contractors misusing Fla. AOB laws.

Florida’s Palm Trees Threatened by Invasive Disease

16 hours 57 min ago
Spread by a rice-sized, plant-hopping insect, lethal bronzing has gone from a small infestation on Florida’s Gulf Coast to a nearly statewide problem in just over a decade. Florida’s state tree, the broad-leafed sabal palm, is highly susceptible.

HUD Proposes Revised ‘Disparate Impact’ Rule

17 hours 57 min ago
The Department of Housing and Urban Development released a 34-page PDF about conditions that must be met to file a fair-housing complaint citing disparate impact.

We'll See YOU at the Florida Realtors Convention & Trade Show!

Fri, 08/16/2019 - 04:08
As one of the most powerful advocacy organizations in the state, Florida Realtors can affect change. Pick any hot topic– algae, flood insurance, iBuyers, service animals – the annual convention is a once-per-year chance to change talk into action.

It’s a Challenging World – But You Can Make It Better

Fri, 08/16/2019 - 04:08
As one of the most powerful advocacy organizations in the state, Florida Realtors can affect change. Pick any hot topic– algae, flood insurance, iBuyers, service animals – the annual convention is a once-per-year chance to change talk into action.

Housing Markets Aren’t Usually Hurt During a Recession

Fri, 08/16/2019 - 03:08
Excluding the Great Recession, a study of 1,039 state-level recessions since 1997 found that home values appreciated at the same rate they did in other times.

For Some Buyers, HUD Homes Might be a Bargain

Fri, 08/16/2019 - 02:08
HUD homes – often FHA foreclosures – don’t usually appear in the MLS. They may have problems, but they’re also usually priced cheaper than other listings.  

20M Owners Could Lower Mortgage Payments with a Refi

Fri, 08/16/2019 - 02:08
Homeowners with a credit score of at least 720 and 20% equity in their property could save nearly $270 per month by taking advantage of today’s lower rates.

Q&A: Contractor Skipped Town Without Finishing Job

Fri, 08/16/2019 - 02:08
A homeowner put money down for a major renovation and the contractor simply disappeared. Can they hire someone else? What about the money already paid?  

July Home Starts Down 4% – but Single-Family Up 1.3%

Fri, 08/16/2019 - 02:08
Apartment starts plunged 17.2% in July, and while single-family starts rose a bit, it still wasn’t enough to satisfy strong buyer demand for new homes.  

Little Change in Long-Term Mortgage Rates

Thu, 08/15/2019 - 05:08
The FRM remained at 3.6% this week, but Freddie Mac’s annual survey took place largely before a stock market decline that might push rates lower by next week.

CoreLogic: U.S. No Longer has ‘Foreclosure Rate’ Problem

Thu, 08/15/2019 - 05:08
The U.S. foreclosure rate dropped to 3.6% in May from 2018’s 4.2% – and many of the new foreclosures were in areas hit by some kind of natural disaster.

Old Homes Attract Less Remodeling Dollars than New Ones

Thu, 08/15/2019 - 05:08
Study: Homeowners spent $3.70 less on their home every year it ages, suggesting that major remodeling upgrades are unevenly going to newer properties.

FHFA Publishes Final Rule on Credit Score Models

Thu, 08/15/2019 - 05:08
The credit-score change, which becomes effective in Oct., will make it easier for some families without traditional credit histories to be approved for a mortgage.

Which Fla. Cities Have the Lowest Local Taxes?

Thu, 08/15/2019 - 05:08
According to a Kiplinger list of 50 Fla. cities, Palm Bay residents pay the lowest local taxes ($3,205/year) in the state, followed by Poinciana and Lehigh Acres.

AP Explains: Is the U.S. Economy Nearing a Recession?

Thu, 08/15/2019 - 05:08
A few more economists worry that a recession is on the horizon – 40%, up from 30% last month. But the bigger question is “How bad would it be?”, and many economists think it would be fairly mild. In general, expecting a downturn often causes a downturn.

Dear Anne: Don’t Turn Your Back on This Agent – Round II

Wed, 08/14/2019 - 23:08
Last month’s article on procuring cause generated a lot of interest, with some members disagreeing on which agent deserved a commission. But in real life, answers aren’t always easy – and they’re impossible until you hear from both sides.