Realtor News

Syndicate content
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 39 min ago

Property Inspections: Who Has to Be There?

Thu, 12/19/2019 - 22:12
There are fewer rules about who should or should not attend a property inspection than many Realtors think. To determine who needs to be present, look at a combination of factors, including the parties’ wishes and the buyers’ and sellers’ rights under the contract.

Is ‘I Want to Close Quickly’ a Realistic Timeline Goal?

Thu, 12/19/2019 - 22:12
Sometimes a buyer will negotiate a contract with aggressively short timelines to make their offer more attractive to a seller. But both parties should consider whether the timelines are realistic. It’s not a great deal if it’s destined to fail.

NAR: Existing-Home Sales Decline 1.7% in Nov.

Thu, 12/19/2019 - 05:12
Total U.S. existing-home sales eased from Oct. but are up 2.7% from a year ago; single-family sales up 3.5% over Nov. 2018. Chief Economist Yun cites low inventory.

Florida Realtors: Single-Family Sales Rise 6.1% in Nov.

Thu, 12/19/2019 - 05:12
Statewide median price for single-family homes rose 3.9% to $265K; condo-townhouse median price up 5.4% to $195K. Pending inventory also rose statewide, while new pending sales for single-family homes was up 14.4%; up 8.6% for condo-townhouse properties.

Mortgage Rates Unchanged – 30-Year Loan at 3.73%

Thu, 12/19/2019 - 05:12
While unchanged week-to-week, the rate is still almost a full point lower year-to-year. In Nov. 2018, the 30-year FRM averaged 4.62%.

NAR to Supreme Court: Don’t Hurt Real Estate in CFPB Case

Thu, 12/19/2019 - 05:12
A case before the highest court questions whether the Consumer Financial Protection Bureau is constitutional – but the 30-year mortgage could be collateral damage.

Create Content for Every Stage in a Homebuyer’s Journey

Wed, 12/18/2019 - 04:12
Buyers closing in eight days have different concerns than wanna-be buyers planning to start a search next June. Effective content offers information for both.

Senate Bill Funds Panhandle Recovery, Military Housing

Wed, 12/18/2019 - 04:12
A $738B bill heading to Pres. Trump’s desk authorizes more than $1.5B to the Panhandle’s Tyndall AFB and tightens rules for landlords who supply military housing.

Could January be the New April for Home Shopping?

Wed, 12/18/2019 - 04:12
April traditionally kicks off the spring home buying season, but the current market has sparked a shift. In a number of metro areas, Jan. is the most competitive month.

House Funding Bill Extends Flood, Terrorism Insurance

Wed, 12/18/2019 - 04:12
The spending bill extends national flood insurance for nine months and terrorism insurance for seven years and it halts a federal government shutdown at midnight Friday. The bill still needs a Senate vote and Pres. Trump’s signature, both of which are generally expected.

The Gift of a Home Down Payment: What You Should Know

Wed, 12/18/2019 - 04:12
Down payment help is the gold standard of holiday giving – but it’s not as simple as handing over a wad of cash with a note that says “Happy Holidays!”

In the Wake of a Real Estate Slump, Luxury Staging Gets Creative

Wed, 12/18/2019 - 04:12
A customized approach to staging is becoming more prevalent for high-end properties. The goal? To create a unique look and personality that helps it stand out.

New-Home Starts Rise by 3.2% in November

Tue, 12/17/2019 - 03:12
Building permits rose 1.4% – the highest sign of future construction since May 2007. Single-family starts rose 2.4% and apartment builds rose 4.9%.

WhatsApp Going Dark Soon for Millions of Users

Tue, 12/17/2019 - 03:12
How old is your phone? WhatsApp will lock out millions of users on Feb. 1 if they’re still using older versions of Android, Apple and Windows phones.

43% of Renters Saw Fake Listings During Their Home Search

Tue, 12/17/2019 - 03:12
A Better Business Bureau study finds that rental fraud saturates the market, with the copying of legitimate listing info the most common. The FBI found more than $37M in losses so far this year associated with fraud complaints that include the word “rent.”

Not Enough New Construction – 4 Reasons Why

Tue, 12/17/2019 - 03:12
While economists at NAR’s summit were optimistic about the future, four factors impacting the new-construction market will continue to hold back supply.

Relocate to Fla. for Tax Purposes? Here’s How It Works

Tue, 12/17/2019 - 03:12
Fed tax changes help Floridians keep more tax money than New Yorkers, but individual estimates are complicated – and it’s easy to ID people lying about residency.

NAR Honors 59 Commercial Realtors – 12 from Fla.

Tue, 12/17/2019 - 03:12
The Fla. honorees hail from all corners of the state. NAR bestows the National Commercial Award on members previously recognized by their state or local association.

State Removing Part of Tamiami Trail to Aid Everglades Flow

Mon, 12/16/2019 - 04:12
The Tamiami Trail acts as a de facto dam and forces the state to divert water from the Everglades into two Central Fla. rivers known for blue-green algae buildups. Razing 5.5 miles of the roadbed by 2022 will return more Everglades water to its natural north-to-south flow.

A Look at People Hurt by the Affordable Housing Crisis

Mon, 12/16/2019 - 04:12
An Orlando Sentinel investigative story provides an up-close look at the low-wage workers hurt by too few affordable housing options in Central Florida.