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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: 6 hours 8 min ago

FHA to Insure Opportunity Zones’ Mixed-Use Development

Mon, 08/12/2019 - 04:08
HUD says FHA-insured Section 220 Program loans can be used in all 8,764 U.S. Opportunity Zones, including those located in rural areas.

Analysis: Homeowners' Cost Working with an iBuyer? 13-15%

Fri, 08/09/2019 - 03:08
Instant offers work well for sellers who want quick closings with minimal preparation, but a study by Collateral Analytics found that homeowners make less money than selling their home on the open market – even after backing out a real estate agent’s commission.

Don’t Like New-Home Prices? Blame the Labor Shortage

Fri, 08/09/2019 - 02:08
Trade wars have boosted the price of raw materials, but NAHB says builders are also strapped for laborers: 50% say framing crews, for example, are hard to find.  

Fla. Spending $2.2M to Identify Water Pollutants

Fri, 08/09/2019 - 02:08
What feeds the blue-green algae in freshwater rivers? Officials have theories but don’t know, making the just-announced water-quality study a major step forward.

National Weather Service Increases Its Hurricane Prediction

Fri, 08/09/2019 - 02:08
The 2019 hurricane season has been calm so far, but a fading warm-water pattern caused NOAA to boost their prediction to 10-17 named storms before it’s over.

Should Buyers Wait for More Mortgage Rate Drops?

Fri, 08/09/2019 - 02:08
The short answer: No. Rate drops aren’t a sure thing, prices continue to rise and a tight inventory makes it harder to find a home – waiting won’t make it easier.

3 Out of 4 Contracts Close on Time – This Stops the Rest

Fri, 08/09/2019 - 02:08
While 76% of contracts closed on time in 2Q 2019, 20% were delayed and 4% failed to close altogether. The top problem? Issues related to financing.

Survey: Americans Never Felt Better About Buying a House

Thu, 08/08/2019 - 04:08
Fannie Mae’s monthly survey on homebuyer attitudes hit a survey high – a 2.2-point July gain in consumer attitudes about whether it’s a good time to buy a home.

Cities Use Diverse Tactics to Solve Workforce Housing Crunch

Thu, 08/08/2019 - 04:08
South Florida’s housing affordability crisis is dire but not unique. Nearly every major North American city struggles as increasing number of lower-income residents can’t find a home that’s affordable give the limitations of their family budget.

Realtors Favorite Part of the Job? Customer Relationships

Thu, 08/08/2019 - 04:08
At the bottom of their list? Unpredictable income. They also love the entrepreneurial elements of the job but not the daily task of finding new customers.

Luxury Home Prices Stop Falling, Start Stabilizing

Thu, 08/08/2019 - 04:08
2Q sales of homes at or above $1.5 million slipped 4.6% year-over-year – the third quarter of declines – but it’s smaller than the 1Q’s 13.8% decrease.

Fla. Man Pleads Guilty to $1.3B Real Estate Fraud

Thu, 08/08/2019 - 04:08
Robert Shapiro (Woodbridge Group of Companies) “misappropriated” $25-$95M in a Ponzi scheme that included ABC anchor George Stephanopoulos and 700 Floridians.

Mortgage Rates Fall Sharply – 30-Year at 3.60% This Week

Thu, 08/08/2019 - 04:08
Financial markets have been whipsawed by anxiety over the U.S.-China trade war, pushing bond interest-rates – which influence mortgage rates – to record lows.

Florida Housing Market: Median Prices, Inventory Up in 2Q

Wed, 08/07/2019 - 04:08
Fla.’s population grows by about 906 new residents daily, which helps the economy and housing market, says Pres. Sain. Statewide single-family existing home sales up 4.6% year-over-year, median price up 3.3% to $265K. Condo median price up 2.9% to $195K.

Prices Rise in 91% of Metro Areas in 2Q, NAR Reports

Wed, 08/07/2019 - 04:08
Home price growth continued slowing in the first quarter, but it re-accelerated a bit in the second quarter, likely due to inadequate levels of new construction.

Need to Relocate? Take the House Along

Wed, 08/07/2019 - 04:08
Homeowners move more than 8,000 structures yearly. The reasons vary, but it’s often due to historic preservation or development, or to avoid environmental hazards.

Prepare Now: Active Shootings Can Occur Anywhere

Wed, 08/07/2019 - 03:08
No business is safe anymore, and brokerages should hold active shooting drills like they do fire drills. Homeland Security suggests a “Run, hide, fight” strategy.

Stock Volatility Could Signal Problems, NAR Economist Warns

Wed, 08/07/2019 - 03:08
“Recession is becoming a genuine possibility,” says economist. “If there’s a job-cutting recession … low interest rates will not help home sales nor home prices.”

Some Vacation-Home Owners Regret a Lack of Vacations

Wed, 08/07/2019 - 03:08
While many people dream of a vacation home, LendingTree found that almost 50% of owners use the property less than expected – and 1 in 4 regret the decision.

Fla. Home to 5 Out of 15 Top At-Risk Hurricane Cities

Tue, 08/06/2019 - 03:08
No surprise: Fla. is vulnerable to hurricanes. But while Miami ranks No. 1 for risk, the next three spots are held by cities located outside the Sunshine State.