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 8 min ago

In Some Metros, Fair Housing Is Just a Starting Point

Wed, 08/14/2019 - 23:08
Are you in compliance with local fair housing ordinances? Some local governments’ laws go beyond the Fair Housing Act (FHA) rules, covering issues likes sexual orientation and Section 8 housing vouchers – and you should know what they are.

Have a Legal Question? Come to the Convention

Wed, 08/14/2019 - 23:08
Worried about Fair Housing Act liability? Confused about service and emotional support animals? Focused on Fla.’s team advertising rule? Attend the Legal and Professional Standards Update at Florida Realtors’ convention on Thurs. or one of nine legal-oriented education sessions – just show up and register.

Fla. Protects HOAs from Owner Lawsuits – Up to a Point

Wed, 08/14/2019 - 23:08
Disgruntled owners in a homeowners-association community can’t march to the courthouse and file a lawsuit the second they feel wronged. Before taking that step, Fla. law outlines a dispute resolution process that must be tried first.

New Rule Will Approve More FHA Loans for Condos

Wed, 08/14/2019 - 04:08
On Oct. 15, Fla.’s condo market could really open up to first-time buyers after FHA issued new mortgage rules that qualify more condo complexes and units for FHA loans.

Some Brokers Use Alexa as a Home Tour Virtual Assistant

Wed, 08/14/2019 - 04:08
A series of Echo or Echo Dot devices located around a house can supply answers when a potential buyer say something like, “Alexa, tell me about the kitchen” – and it also subtly markets the smart-house benefits of a smart-home listing.

Home Sales Untouched So Far by Mortgage Deduction Loss

Wed, 08/14/2019 - 04:08
While fewer middle-class homeowners can now claim the mortgage interest deduction due to tax reform, it doesn’t seem to have hurt the current real estate market.

Study: Debt-Burdened Millennials Delay Buying for 7 Years

Wed, 08/14/2019 - 04:08
A recent survey found that 84% of millennials believe homeownership is part of the “American Dream,” but 48% of undergraduates put it off due to student loans.

Read Between the Lines — Clients’ Nonverbal Answers

Wed, 08/14/2019 - 04:08
What does it mean if a customer crosses their arms? Not what you think. But it’s a good sign if their belly button faces you while shaking hands.

NAR Moves to Dismiss Antitrust Suits Over MLSs

Wed, 08/14/2019 - 04:08
It asked the courts to dismiss two lawsuits – Moehrl v. NAR and Sitzer v. NAR – because both failed to show how MLSs inhibit competition or cause harm.

Shipping Container Homes Not as Crazy as They Sound

Tue, 08/13/2019 - 04:08
Compared to mobile homes, they’re cheaper to own and operate, look like site-built housing once installed and boost the homeowner’s equity over time.

Businesses Learn Hard Lessons if Not Prepared for Disaster

Tue, 08/13/2019 - 04:08
As the 2019 hurricane threat rises, businesses should create worst-case scenarios and prepare. What if you can’t call associates? What if you can’t pay bills?

What Does ‘Give It a Fresh Coat of Paint’ Really Mean?

Tue, 08/13/2019 - 04:08
“Paint before listing” sounds like a simple instruction – but it’s not. Color is important, and not all walls need painted if sellers are on a tight budget.

Demand for Tiny Rentals Rises Along with Prices

Tue, 08/13/2019 - 04:08
Mini-fridges, convertible sofas and 100-square-foot living spaces allow lower-income residents to rent in some of Fla.’s priciest areas, such as downtown Key West.

NAR Report: What Makes Buyers with Children Unique?

Tue, 08/13/2019 - 04:08
According to “2019 Moving With Kids,” parenthood adds another level of chaos to the home buying process. The report explores the buying habits and seller preferences of Americans with children under the age of 18 still living at home.

NAR Wins Award for C2EX, Its ‘Commitment To Excellence’

Tue, 08/13/2019 - 04:08
NAR debuted C2EX last year, and the 2019 Learning! 100 Award honors organizations that foster professional growth, innovation and organizational performance.

What Should Buyers Know About Living Under HOAs?

Mon, 08/12/2019 - 04:08
Not all homeowner associations are created equal. Some are well-run by a competent board; others are plagued by infighting and may have costly upcoming repairs.

Florida Wants to Buy Irma-Flooded Homes and Not Rebuild Them

Mon, 08/12/2019 - 04:08
The pot of hurricane-recovery money from HUD tops a billion dollars, and Fla. set aside $75 million to buy out flood-damaged homes – the first time the state has managed a program of this size to remove once-valuable coastal real estate from the market permanently.

Fannie, Freddie Say New Mortgage Forms Will Be Delayed

Mon, 08/12/2019 - 04:08
Standard mortgage application forms were to change on Feb. 1, 2020 – their first update in 20 years. But a dispute over language preference will delay it.

City Turns Empty Retail Space into Artist Studios

Mon, 08/12/2019 - 04:08
Fort Lauderdale is turning empty storefronts into artist colonies. They pay nominal rent but must move if a building’s owner finds a tenant to lease the space.

Bill in Congress Pairs Counseling with Lower FHA Rate

Mon, 08/12/2019 - 04:08
First-time FHA borrowers could pay a lower interest rate if they go through counseling under H.R. 2162, but Congress must pass it and the president must sign it.