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: 2 years 32 weeks ago

Are At-Risk Homeowners Better Off Selling?

Wed, 12/08/2021 - 04:12
In some cases, owners exiting forbearance can’t afford their home. But with rising values, many can still sell, turn a small profit and not harm a strong credit score.

Video Tools That Win Buyers’ Attention

Wed, 12/08/2021 - 04:12
Good, shareable video can expand a listing’s reach, but it’s underutilized by buyers’ agents. However, some private vendors can help video-averse agents.

Buyer Preferences for Home and Work Have Changed

Wed, 12/08/2021 - 04:12
Survey: Long-held ideas about work, home and commute times have been upended, and 41% of Americans would take a pay cut to live in a more affordable location.

Home Equity Lines of Credit Could Return in 2022

Wed, 12/08/2021 - 04:12
Mortgage rates have been so low that most homeowners refinance and take out cash for home improvement projects. But that could change when rates start to move up.

Some Credit Scores Could Move 80 Points Higher

Wed, 12/08/2021 - 04:12
A study to find the impact of new credit score data – rent and utility payments – found the biggest boost for consumers who haven’t used credit in at least six months.

1 of 3 Opportunity Zone Tax Breaks Ends Dec. 31

Wed, 12/08/2021 - 04:12
A 10% capital-gains tax reduction for properties owned at least five years expires on Dec. 31 since future purchases won’t qualify for the five-year time minimum.

Code of Ethics Training Deadline: Dec. 31, 2021

Tue, 12/07/2021 - 05:12
To retain their Realtor status, members must satisfy NAR’s Code of Ethics training requirement within the next 24 days if they haven’t already done so.

Foreclosures Up 68% – but Less than Pre-Pandemic

Tue, 12/07/2021 - 05:12
The foreclosure ban ended, sending numbers higher (up 34% quarter-to-quarter, 68% year-to-year) – but the impact on the market is minimal so far.

Vrbo: Demand Up 40% for Pet-Friendly Rentals

Tue, 12/07/2021 - 04:12
The short-term rental company will add an upscale doghouse to a rental for an extra $100. It offers five styles, including a chalet with a fireplace.

Suburbs Still Hot but Urban Demand Increasing

Tue, 12/07/2021 - 04:12
NAHB: During the pandemic, many city dwellers turned to suburban and exurb homes. The trend continues but less so as cities see a spike in buyer demand.

Too-Big-to-Fail Chinese RE Firm Creating Problems

Tue, 12/07/2021 - 04:12
Evergrande, a huge Chinese real estate firm, has a $310B mountain of debt. Collapse could create a housing crisis, but it’s unclear how China will handle it.

DOJ Successfully Sues Town Over Group Home Zoning

Tue, 12/07/2021 - 04:12
A Conn. town reached an agreement with the Justice Dept. after it used zoning laws to ban disabled-adult group homes from residential neighborhoods.

U.S. Wants More Oversight of All-Cash RE Deals

Mon, 12/06/2021 - 04:12
Shell companies can’t buy RE in 12 metros without identifying actual owners – a way to curtail money laundering – and the U.S. hopes to expand the program.

Virtual Website ‘Real’ Estate Sells for Record $2.4M

Mon, 12/06/2021 - 03:12
As expectations for virtual “real estate” heat up, prices follow. That $2.4M buys 116 parcels (6,090-square-feet) in Decentraland, which only exists online.

Fla.’s CFO Focuses on Property Insurance Fraud

Mon, 12/06/2021 - 03:12
Chief Financial Officer Jimmy Patronis formed and deployed two new teams to investigate fraud – a total of 13 members that includes detectives.

Fla. Gets 22% of Foreign Investors; Miami, Orlando Lead

Mon, 12/06/2021 - 03:12
Foreign investors traditionally eye Miami but rising real estate costs have pushed them toward other metros, such as Orlando, Tampa and Jacksonville.

Zillow Offers Sold About Half Its Inventory So Far

Mon, 12/06/2021 - 03:12
A month after shutting down Zillow Offers, the company’s home-flipping, iBuyer business, Zillow will buy back stock, which fell about 60% so far this year.

Citizens Shops Plan to Reduce Policies

Mon, 12/06/2021 - 03:12
The Fla.-owned insurer wants fewer policies, and it’s proposed a law that would force homeowners to accept private coverage even if it costs up to 20% more.

Home Prices Keep Rising but Slowing

Fri, 12/03/2021 - 04:12
After increasing for 14 straight months, home price growth finally slowed in September. Experts say it’s a step in the right direction for buyers in 2022.

Fla.: 9th-Least Amount of New Housing to Job Growth

Fri, 12/03/2021 - 04:12
The report says population density is part of the problem in increasing housing supply, as most consumers prefer living in single-family homes.