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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: 42 weeks 15 hours ago

Inflation, Fed Action Set Stage for Higher Mortgage Rates

Fri, 10/22/2021 - 04:10
Planned changes by the Fed will likely push mortgage rates higher – but refis will dry up, and lenders may still offer deals as they compete for homebuyers’ loans.

Paint Brick Exteriors to Be Trendy? There’s No Going Back

Fri, 10/22/2021 - 04:10
Refreshing old brick exteriors with paint gives a listing a new, clean look. But what if the current trend fades? Removing paint later is close to impossible.

Judge Rejects COVID-19 Property Rights Case

Fri, 10/22/2021 - 04:10
In Walton County, commissioners shut down beaches during the pandemic, including private ones. Homeowners sued claiming they deserve compensation, but a judge said no.

More Buyers Adding ‘Inclusive Community’ to Their Lists

Fri, 10/22/2021 - 04:10
Recently aware that some communities have historically been one race or another, an increased number of buyers are adding “racially diverse neighborhood” to their list of must-haves. But that doesn’t always help lower-income neighborhoods if it causes gentrification and rising home prices.

Fla. Climate Change: Days Aren’t Getting Hotter – Nights Are

Fri, 10/22/2021 - 04:10
Fla. isn’t seeing a lot of new record-high temperatures during the day, but a tracking of overnight lows in Central Florida found 807 record highs from 2015 to 2020.

The Latest Buzz in Multifamily? Biophilic Design

Fri, 10/22/2021 - 04:10
Biophilic design attempts to bring a suburban atmosphere into urban cores. The main tool? Plants – and lots of them, often incorporated into a building’s design.

Millennials Worry Less About Using Their Home Equity

Thu, 10/21/2021 - 04:10
14% of millennials would use home equity for a vacation compared to 3% of boomers. But 64% of boomers would tap it for home improvements, compared to 49% of millennials.

Industry Leaders Go to U.S. Capitol, Advocate for Housing Money

Thu, 10/21/2021 - 04:10
NAR and others held a meeting and pushed for Congress to keep housing dollars in the massive infrastructure project, saying it “must stay in the reconciliation package.”

Fla.’s Housing Market: Median Prices, All-Cash Sales Up in Sept.

Thu, 10/21/2021 - 04:10
Florida Realtors’ data: Median prices up 18.3% for single-family homes to $355,000 year-to-year; up 17.2% to $255,000 for condos. Single-family home sales down 1.3% year-over-year; condo sales up 4.9%. However, Sept. 2020 saw a huge sales surge because the pandemic shifted transactions into summer and fall, says Chief Economist O’Connor.

NAR: Existing-Home Sales Surge 7.0% Higher in September

Thu, 10/21/2021 - 04:10
While the inventory of for-sale homes is down 13% year-to-year, NAR Economist Yun credits a boost in supply for the increase, and buyers’ fears of rising interest rates.

Fla. Builders Investing Heavily in New Single-Family Construction

Thu, 10/21/2021 - 04:10
How many new homes are being built? A study looked at building permits and year-to-year increases as of June. Out of all U.S. cities, 10 Fla. metros are in the top 20.

Mortgage Rates Climb Again This Week, Hit 3.09%

Thu, 10/21/2021 - 04:10
The average for a 30-year, fixed-rate mortgage moved notably higher this week. Freddie Mac economist blames “the trajectory of both the economy and the pandemic.”

Desktop Appraisals Will Outlast the Pandemic

Wed, 10/20/2021 - 04:10
FHFA announced this week that remote appraisals for conventional loans – a temporary pandemic-era change – will become a permanent option starting in 2022.

NAR Names Clearwater Realtor as Good Neighbor Award Winner

Wed, 10/20/2021 - 04:10
The contest to recognize Realtors who serve their communities selects 5 Realtors each year. In 2021, Christina Sauger was honored for her work feeding those in need.

Lumber Prices Dropped 65% – But Don’t Expect Cheaper Homes

Wed, 10/20/2021 - 04:10
Rising lumber costs pushed new-home prices higher and higher. While that supply-chain problem is easing, however, other building materials are still in short supply, even as builders face a labor shortage and high buyer demand. The bottom line: New-home costs won’t plateau anytime soon.

Study: 3 Fla. Metros in Top 10 for Highest Rent Increases

Wed, 10/20/2021 - 04:10
Over the past 7 quarters, Tampa-St. Pete had the nation’s second-highest rent increases (23.7%), with Jacksonville No. 3 (up 23%) and Broward County No. 9 (19.5%).

A Dab of Halloween Can Boost Social Media Posts

Wed, 10/20/2021 - 04:10
Halloween topics, like trick-or-treating safety tips, can boost posts but even a consistent fall theme can increase engagement and create a feeling of mutual celebration.

U.S. News & World Report: Fla. Has 8 of Top 10 ‘Best Retirement’ Metros

Wed, 10/20/2021 - 04:10
The magazine’s 2021 list ranks Fla. metros in the top four spots– Sarasota, Naples, Daytona Beach and Melbourne – but 7 other Fla. metros also made it into the top 20.

Sept. Single-Family Starts Flat – but Up So Far This Year

Tue, 10/19/2021 - 04:10
Starts dropped 1.6% overall, but single-family changed little with multifamily down 5%. Year-to-date, however, single-family starts are up 20.5% compared to last year.

First Street Outlines Flood Risk for Every U.S. Metro

Tue, 10/19/2021 - 04:10
The company that created realtor.com’s flood risk tab released a report by city and county. Fla. and Louisiana are top-risk states – but so are Kentucky and W. Virginia.