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: 5 hours 35 min ago

Bankrate.com: 10 tips for Buying Rental Property

Fri, 10/11/2019 - 02:10
Should you take the plunge on a rental property? Experts offer a qualified yes, provided you do your homework. Here are some things to consider before diving in.

New Program Combines iBuying and Traditional Sales

Thu, 10/10/2019 - 04:10
A new twist on the iBuyer trend guarantees sellers an instant-offer price for 45 days but also lists the home publicly. It debuts in three Fla. cities next month.

Realtor.com Expects a New Housing Shortage

Thu, 10/10/2019 - 04:10
The listing inventory appeared to be bouncing back, but realtor.com’s Sept. housing report finds evidence of a new decline as mortgage rates move lower.

Mortgage Lenders Turn Down About 1 In 10 Florida Buyers

Thu, 10/10/2019 - 04:10
LendingTree study: The number of buyers approved for a mortgage loan has hit a post-recession high, but of 50 cities with the most denials, the top four metros for loan turn-downs are all in Fla. The main reason cited for most? An inadequate debt-to-income ratio.

Updated Your Apple Phone iOS? You Can Do This Now

Thu, 10/10/2019 - 04:10
The new “dark mode” may save battery life and help nighttime reading. Apple also improved its “reminder” function and made it easier to type text messages.

Average 30-Year Mortgage Rate Drops to 3.57%

Thu, 10/10/2019 - 04:10
It’s down from last week’s 3.65% and has increased buyer demands, says Freddie Mac, with “much of this strength coming from entry-level buyers.’

New Appraisal Exemption Rule Now in Effect

Thu, 10/10/2019 - 04:10
Certain home sales of $400,000 and below will no longer require an appraisal. Regulators estimate that the higher value could impact about 40% of home sales.

DeSantis Proposes Reforms to Fla. Occupational Licensing

Wed, 10/09/2019 - 04:10
The governor cut real estate license fees 50% and wants to shorten the training time certified residential appraisers and community managers need to become licensed.

HOA Fine? 50% of Homeowners Say They Ignore It

Wed, 10/09/2019 - 04:10
The U.S. has more than 300K HOA communities, and 54% of millennials and 53% of Gen X say they’re likely to skip paying HOA fines – but boomers don’t.

Fed Chair Hints at New Interest Rate Cuts as Hiring Slows

Wed, 10/09/2019 - 04:10
Jerome Powell said job growth isn’t “as robust as thought,” which observers took as a possible sign the Fed will cut interest rates again to support the economy.

Supreme Court Declines to Hear ADA-Accessible Website Case

Wed, 10/09/2019 - 04:10
In turning down a case, the U.S. Supreme Court allowed a lower court order to stand – a decision that said Domino’s (the pizza giant) must give disabled website customers the same access tools as non-disabled customers. However, federal access standards do not yet exist.

Supreme Court Decision Backs ADA-Accessible Websites

Wed, 10/09/2019 - 04:10
In turning down a case, the U.S. Supreme Court allowed a lower court order to stand – a decision that said Domino’s (the pizza giant) must give disabled website customers the same access tools as non-disabled customers. However, federal access standards do not yet exist.

Fla. Relaunches Commercial Property Tool ‘Find It Florida!’

Wed, 10/09/2019 - 04:10
Gov. DeSantis says the redone website for “viewing and uploading available commercial building and site properties across the state” includes Opportunity Zones.

3 Fla. Cities in Top 10 ‘Best Places to Retire’ list

Wed, 10/09/2019 - 04:10
U.S. News & World Report: Out of 125 cities ranked, 10 Fla. cities are in the top 50. In top 10: 1) Fort Myers, 2) Sarasota, 5) Port St. Lucie and 6) Jacksonville.

Should Insurance Pay for Lost Rental Income After a Storm?

Tue, 10/08/2019 - 04:10
The Fla. Supreme Court agreed to hear a legal dispute between Citizens Prop. Ins. and apartment-building owners that claim their coverage should include lost rent.

Fla. Lawmakers Ask Court to Reject Conservation Funding Case

Tue, 10/08/2019 - 04:10
A Fla. constitutional amendment dedicates doc stamp money to land and water conservation, but some groups claim lawmakers have diverted money for other expenses.

Meeting Update from the Florida Real Estate Commission

Tue, 10/08/2019 - 04:10
FREC’s next meeting will be held on Tues., Oct. 15, at 8:15 a.m. Licensees who wish to obtain 3 hours of “Specialty” continuing education (CE) credit should attend Tuesday. To register for CE credit, contact the Florida Division of Real Estate at (407) 481.5226. Agenda items not completed by 5 p.m. may be deferred to Wed., Oct. 16, beginning at 8:15 a.m. or soon thereafter, with a rule development workshop also scheduled beginning at 8:30 a.m. or soon thereafter. The workshop will focus on Florida Administrative Code 3.008 and 3.009. Preliminary text of the proposed rule development is not available. Click here to access the agenda.

Could New Alternative Loans Lead to Another Crisis?

Tue, 10/08/2019 - 04:10
In a new mortgage plan, a company buys homes for people with low credit and allows them to start earning equity through rent payments. But if home prices unexpectedly fall, renters may walk away, new owners might face foreclosure and companies could collapse.

When a Home Is Suddenly Called ‘Historic’

Tue, 10/08/2019 - 04:10
A St. Petersburg buyer wanted a neighbor’s home and allegedly tried to have it listed as “historic” to keep it from a developer who offered the seller $200K more.

Bidding Wars Were Disappearing? They Bounced Back

Tue, 10/08/2019 - 04:10
In August, every U.S. home sold had an average of three offers, according to NAR’s latest survey – a figure that has stayed fairly consistent since October 2015.