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: 23 hours 58 min ago

Gen Z: Start saving now to buy a home before you're 30

Mon, 02/11/2019 - 04:44
80% of young adults want a home before they're 30 – but they need to save $304 per month for 12 years if they hope to make a 10% downpayment.

NAR hosts industry-wide forum on Fannie, Freddie reform

Fri, 02/08/2019 - 03:22
GSE reform may be the most important national issue that rank-and-file Realtors know little about. If a Fannie Mae, Freddie Mac transition from fed ownership is done badly, the 30-year mortgage could disappear and leave buyers with fewer loan options.

Equity-rich properties surge to record high

Fri, 02/08/2019 - 03:21
1 out of 4 U.S. properties with a mortgage were equity-rich in 2018, meaning the amount they still owe on their loan is less than half the value of their home.

Condo QandA: Who pays for what when a water pipe breaks?

Fri, 02/08/2019 - 03:21
Also: Should condo boards schedule meetings after 4 p.m. so working owners can attend? May and husband and wife serve on the board if they own two condo units?

Fla. Senate unlikely to revisit beach access law

Fri, 02/08/2019 - 03:16
Senators who helped pass a 2018 law say it's misunderstood – that it protects private property rights but doesn't impact Floridians' right to go to the beach.

Retiree roommates: A solution to student housing crisis?

Fri, 02/08/2019 - 02:38
In some high-rent areas of California, a new service is pairing age-in-place retirees with extra rooms to college grad students seeking affordable housing.

Questions about possible ad rule changes? Tell FREC on Wed.

Fri, 02/08/2019 - 02:34
Under consideration is that a licensee's name shall not appear larger than the brokerage info in advertising. Thoughts? Plan to attend Feb. 13 meeting.

Make philanthropy part of your business plan

Fri, 02/08/2019 - 02:32
Charitable giving is good for securing leads. It's good for reducing taxes. It's good for your community. More importantly, it can give life meaning.

Mortgage rates hit 10-month low

Thu, 02/07/2019 - 04:29
The 30-year, fixed-rate mortgage averaged 4.41% this week, its lowest point since last April. That down .05 percentage points from last week's 4.46%.

Spring selling season comes early, groundhog shadow or not

Thu, 02/07/2019 - 04:28
Is the dip in mortgage rates temporary? Buyers don't know and more are jumping into the market now, fearing they'll start to rise again – and some sellers, seeing that trend, are deciding to list their homes earlier rather than later.

Study: 'Aging in place' keeps 1.6M homes off market

Thu, 02/07/2019 - 04:27
Freddie Mac: U.S. needs about 2.5M more housing units, but over half that shortfall could be eased if older adults stopped holding onto homes longer than usual.

Tax reform nixed some popular business tax breaks

Thu, 02/07/2019 - 04:26
While small biz owners got new tax breaks, Congress removed deductions for entertainment expenses, employee transit benefits and net operating loss carrybacks.

Flipping luxury homes growing in popularity – for now

Thu, 02/07/2019 - 04:25
In 2018, 2.6% of homes valued at over $1 million were flipped; in 2017, the percentage was 2.2%, according to data.

Home sellers tend to be 'noseblind'?

Thu, 02/07/2019 - 04:24
Many owners think their home is odorless, when visitors smell litterboxes, fried fish and unwashed garbage cans. A pre-listing fix must be handled delicately.

Fla. license renewal deadline is March 31

Thu, 02/07/2019 - 04:23
About 1 in 4 members must renew their license by March 31. Need CE credit or first-cycle associate/broker credits? Florida Realtors offers them online. Find out more.

No pay stub? No problem. Unconventional mortgages return

Wed, 02/06/2019 - 04:55
The number of unconventional loans – they may be outsized relative to a borrower's income, interest-only or last longer than 30 years – rose 24% year-to-year.

Fla.'s water woes: What do we do next?

Wed, 02/06/2019 - 04:54
Local Fla. governments have spent $17.3M so far fighting red tide and green algae. Now it's the Legislature's turn to join the fight.

A 'perfect' credit score is a myth

Wed, 02/06/2019 - 04:51
We've decided "to let an otherwise meaningless score mean a lot to us. And in the process, we've made decisions that make no sense," says 'Pete the Planner.'

Tax-deduction cap could turn expected refunds into bills

Wed, 02/06/2019 - 04:50
Tax reform reshuffled the deck, and some people used to refunds may be cutting checks to the IRS. Double-income couples with second homes may be vulnerable.

NAHB: 55+ housing still a real estate hot spot

Wed, 02/06/2019 - 04:49
Builder confidence in the single-family 55+ housing market remained strong in 4Q 2018 with a reading of 66 – a six-point increase over the previous quarter.