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: 15 hours 38 min ago

FHA Lending Now Financially Strong – Enough to Ease Fees?

Mon, 11/18/2019 - 04:11
FHA borrowers pay fees to protect the program from foreclosures, but FHA’s monetary kitty is so big now that NAR wants it to lower the fees homebuyers must pay.

Broward County Has New Affordable Housing Idea

Mon, 11/18/2019 - 04:11
Under a new proposal, developers wouldn’t need special permission to build residential units on commercial and business property if it includes affordable housing.

Ga. Landlord paying $80K for Tenant-to-Tenant Harassment

Mon, 11/18/2019 - 04:11
According to a HUD allegation, landlords are responsible for Fair Housing Act violations by one tenant against another if the landlord does nothing to stop it.

Climate Change and Real Estate: It’s Attitudes More than Science

Fri, 11/15/2019 - 04:11
A study looked at the impact of rising seas on real estate prices and found residents’ beliefs a contributing factor. If a city’s population generally believes in climate change, housing values in higher-risk areas suffer some – but values aren’t affected as much if residents don’t.

Fear the Uptick in Risky Loans? It’s Nothing Like 2008

Fri, 11/15/2019 - 03:11
In 2018, the number of unconventional mortgages was less than 3% of the market; in 2006, they were 39%. And negative-amortization loans have all but disappeared.

Florida’s Sunshine and Tax Benefits Beckon Billionaires

Fri, 11/15/2019 - 02:11
While the president is the most famous rich person moving to Fla., he’s not alone. But it’s too soon to determine the impact of tax migrations on states’ budgets.

8 Signs a Buyer Is Ready To Stop Renting

Fri, 11/15/2019 - 02:11
Many renters have a nagging dream to own a home but a general attitude that it won’t work out, so why try? The answer to these questions might help them commit.

What Do Most Sellers Forget When Prepping a Home for Sale?

Fri, 11/15/2019 - 01:11
There’s a lot to do between staging and hiding jewelry, so many sellers forget the top attraction for some visitors: A medicine cabinet full of prescription drugs.

Appeals Court: State Should Pay for Cutting Citrus Trees

Thu, 11/14/2019 - 04:11
Lee County homeowners deserve more than $13.6M after the state cut down their citrus trees, another court ruled. The ongoing property-rights case began in 2003.

Real Estate Investors Bank on Technology to Deliver Profits

Thu, 11/14/2019 - 04:11
Urban Land Institute Miami symposium: Potential renters may one day visit available units, apply for leases and execute paperwork without ever seeing a human being.

NAHB Says Lot Values Surged to Record Highs

Thu, 11/14/2019 - 04:11
Builders say record-high prices for empty lots are a major reason new-home construction has become so expensive. Half of lots sold in 2018 cost at least $49,500.

Is Marijuana Legalization a Business Opportunity or Headache?

Thu, 11/14/2019 - 04:11
Fla. legalized medical marijuana and could one day approve recreational marijuana. That has a downside and creates legal confusion, but it also offers opportunities because marijuana has to be grown, processed, distributed and used on real property, according to NAR speakers.

U.S. Long-Term Mortgage Rates Rise – 30-Year at 3.75%

Thu, 11/14/2019 - 04:11
Rates rose this week amid optimism over prospects for economy, though they’re still at historically low levels – an incentive for prospective homebuyers.

Fed Chair Sees Steady Growth and Pause in Rate Cuts

Wed, 11/13/2019 - 04:11
The Fed probably won’t cut interest rates again in the near future. The cuts can impact adjustable-rate mortgages and, indirectly affect fixed-rate mortgages.

Fla. Building Code May Get Update Thanks to Rising Seas

Wed, 11/13/2019 - 04:11
The last Fla. building code update required new coastal construction to be elevated one foot. Three years later, there’s a call for it to be raised by another foot.

Fed Oversight of S. Fla. All-Cash Deals Extended

Wed, 11/13/2019 - 04:11
The nearly four-year FinCEN investigation into whether foreign buyers use shell companies to launder money via real estate will continue for at least six months.

New iBuyer Option Allows Customized Upgrades Before Closing

Wed, 11/13/2019 - 04:11
iBuyers are seeking an edge as more companies enter the market, and Offerpad just unveiled a new buyer benefit: Customers under contract will be able to customize their home online before closing and have the cost of the upgrades rolled into the mortgage.

Should You Buy a Home With a ‘Catch’?

Wed, 11/13/2019 - 04:11
Finding a dream home isn’t easy. With limited inventory, that perfect home might be on a busy street or next to a gas station. Experts offer a few homebuyer tips.

Cybersecurity Real Estate Scams Expanding Quickly

Tue, 11/12/2019 - 04:11
The FBI expects cyber-criminals to steal more than six trillion dollars globally by 2021, according to the hacker-author of “Catch Me If You Can.”

NY Landlord Paying $1M for Denying Ex-Felon Renters

Tue, 11/12/2019 - 04:11
A Queens landlord who allegedly denied renting to any ex-convict will pay $1.187 million, based on a lawsuit initiated in 2014 that claimed it violated the Fair Housing Act. The Fortune Society, which sued, says it’s possibly the largest settlement ever for this type of allegation.