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: 7 hours 25 min ago

Citizens Backs Study on Fla. Property Insurance Market

Fri, 03/27/2020 - 05:03
The state-owned “insurer of last resort” will pay FSU to conduct a study. The goal: To determine how the steady rise in Fla.’s property insurance rates can be slowed.

Fannie, Freddie Unveil Easy-to-Use Mortgage Help

Fri, 03/27/2020 - 05:03
The mortgage giants that back over half of all U.S. mortgages will allow owners to skip two mortgage payments for any reason and add them to the end-date of their loan.

HUD Awards $40M for Fair Housing – $2.3M Goes to Fla.

Fri, 03/27/2020 - 05:03
The grants support fair housing enforcement, education and outreach activities, including funds for testing rental and sales markets, and filing fair housing complaints.

Note to Local Leaders: Real Estate is an Essential Service

Fri, 03/27/2020 - 05:03
As governments mandate closures to lower COVID-19 cases, they must identify “essential services.” Real estate is not only a “roof over your head,” it’s the economy’s best bet for staving off recession; each Fla. sale adds an estimated $78K to the state’s economy.

How Does Business Interruption Insurance Work?

Fri, 03/27/2020 - 05:03
Businesses that have been paying for business interruption policies that don’t exclude pandemics should be covered, says an insurance lawyer based in New Orleans.

A Good Time to Upgrade Tech? Here Are 550 Options

Fri, 03/27/2020 - 05:03
From marketing to organization to contracts, tech does it all, but the sheer number of products is confusing. To get started, check T3 Sixty’s list organized by function.

Realtors Covered in $2T Economic Relief Package

Thu, 03/26/2020 - 04:03
It’s not a done-deal quite yet – the House is expected to vote Friday and the president must sign it – but NAR announced a major win. The bill includes unemployment insurance (up to 39 weeks) for independent contractors and $350B toward small business loans from the SBA.

Fla. Court Backs Rental Platforms in Tax Dispute

Thu, 03/26/2020 - 04:03
Should tech platforms such as Airbnb collect tourism bed taxes? Palm Beach County’s appraiser said yes, but an appeals court calling them “conduits” ruled against her.

NAR Urges Passage of Remote Notarization Bill

Thu, 03/26/2020 - 04:03
A new bill introduced in the Senate would pave the way for remote notarizations across state borders and make it easier to complete transactions.

Computer Viruses Also Increase as More Work from Home

Thu, 03/26/2020 - 04:03
In a digital-meets-real-world problem, computers with less security in homes are being targeted, and the entrance method is often an email link related to COVID-19.

Fla. Insurers Urged to Be ‘Flexible’ on Payments

Thu, 03/26/2020 - 04:03
Regulators want policies cancelled only if “all possible efforts to work with consumers … have been exhausted.” They also eased insurance inspection requirements.

30-Year Mortgage Rate Drops This Week to 3.5%

Thu, 03/26/2020 - 04:03
Federal Reserve “swift and significant efforts to stabilize the market” led to the drop from last week’s 3.65%, says Freddie Mac’s chief economist.

Homebuyers Are Still Shopping – But They’re Doing It Online

Wed, 03/25/2020 - 05:03
Facebook retargeting ads are a digital land grab right now. Retargeting places ads in front of people based on some action they took, such as clicking on a listing.

Banks Try to Save Stunned Borrowers – and Their Own Bottom Line

Wed, 03/25/2020 - 05:03
Lenders were villains in 2008’s recession, but they’re stronger this time and don’t want a large roster of foreclosures on their books. As a result, they have a vested interest in helping people keep their homes this time and are rolling out a number of forgiveness and relief programs.

Does Commercial Insurance Cover COVID-19-Related Losses?

Wed, 03/25/2020 - 05:03
It might – or not. Each policy is unique, but commercial property, pollution liability, general liability, workers’ comp and employment liability may offer something.

Fla. Property Taxes Still Due by March 31

Wed, 03/25/2020 - 05:03
Some lawmakers are pushing Gov. DeSantis to extend Fla.’s property tax deadline, but that has not happened yet. If unpaid, fees go up starting April 1.

Fla. Courts Stop Writing Eviction Writs Until April 17

Wed, 03/25/2020 - 05:03
A landlord may win an eviction case, but an order that suspends many court operations until April 17 means the necessary confirmation documents won’t be issued.

FHFA Asks for ‘Alternative Appraisal Requirements’

Wed, 03/25/2020 - 04:03
The agency directed Fannie Mae and Freddie Mac to OK appraisals and employment verifications in a way that minimizes human contact to avoid the spread of COVID-19.

Florida Realtors and NAR Advocating for the Industry

Tue, 03/24/2020 - 05:03
A myriad of economic aid packages has been suggested, formed, changed, rejected and even passed, and Realtor associations keep pushing lawmakers to include Realtors and their unique type of employment in aid packages that offer to help small businesses.

New Home Sales Drop 4.4% in February

Tue, 03/24/2020 - 05:03
The median price for a home rose 6.3% to $345,900, but economists forecast bigger future declines due to COVID-19 layoffs and economic disruption.