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: 14 hours 14 min ago

Listing presentation bottom line: What's my home worth?

Thu, 11/29/2018 - 04:17
84% of Realtors say the home valuation is "extremely important" in a presentation, and 40% of owners ask for it before meeting – and 50% of agents provide it.

FHFA increases max loan rates for 2019

Wed, 11/28/2018 - 04:38
The fed agency that creates conventional loan limits for Fannie Mae and Freddie Mac will raise max amounts 6.9% – to $484,350 for most single-family 2019 loans.

Senators focus on keeping flood insurance program open

Wed, 11/28/2018 - 04:35
If Congress does nothing, FEMA won't issue any new flood policies after Friday to homebuyers or owners who need to renew. Bipartisan senators from Fla., La. and N.J. are now battling just to get another short-term extension.

New-home sales decline 8.9% in October

Wed, 11/28/2018 - 04:33
Sales dropped even as the number of newly built, unsold homes on the market climbed to its highest level since 2009; 4 of last 5 months have now had a decline.

Realtor.com 2019 forecast: Expect some challenges

Wed, 11/28/2018 - 04:31
Economist: Millennials will take out 45% of all loans in 2019; prices will grow only 2.2% and inventory will grow 7% as higher rates and prices impact the market.

Scammers targeting homes owned by older adults

Wed, 11/28/2018 - 04:30
A letter may arrive with a contract and offer of $750,000 for a home worth $1.5 million. Scammers hope at-risk older owners will simply sign the contract.

Brokers: Give your agents a branded 31-hour training program

Wed, 11/28/2018 - 04:29
Train new agents and offer focused help to seasoned agents for $199. Florida Realtors Real Estate Success Series offers rock-solid training that brokers can personalize.

Which Fla. county has cheapest homeowners insurance rates?

Wed, 11/28/2018 - 04:24
A Fla. Chamber index compares cost-to-income by county/ It finds Sumter No. 1 for affordability; Miami-Dade is last. Select county by dropdown menu and click "heat map." (Link underlined to: https://thefloridascorecard.org/pillarandc=0andpillar=4

Case-Shiller: Home prices rise more slowly amid weaker sales

Tue, 11/27/2018 - 05:22
The 20-city home price index rose 5.1% year-to-year, but that's down from 5.5% last month. Home price increases have been slowing for six straight months.

Flood insurance's big problem: Habitually rebuilding same home

Tue, 11/27/2018 - 05:21
A N.C. homeowner lost everything in Sept. to Hurricane Florence, but her NFIP policy that costs $2,000 per year will help her rebuild – just as it helped previous owners rebuild damages to the home after floods in 1996, 1998 and 1999.

Forget marriage – more young adults prefer homeownership

Tue, 11/27/2018 - 05:19
Survey: 72% of millennials list ownership as a top priority; 50% say marriage. Ownership makes them feel mature (47%), independent (36%) and established (34%).

Townhouse construction reaches post-recession high

Tue, 11/27/2018 - 05:18
As home prices and interest rates rise, townhouses – a sort of single-family home/condo hybrid – are becoming more popular with buyers, says NAHB.

Consumer Confidence Index declines a bit in Nov.

Tue, 11/27/2018 - 05:17
Consumer attitudes, while still strong, dropped about 2 percent points largely due to concerns about the future – attitudes about current conditions improved.

Good and not-so-good ideas for listing promotions

Tue, 11/27/2018 - 05:16
If inflatable dinosaurs, unicorns and pandas can go viral to promote listing photos, why not half-naked models? A Texas Realtor tried it with very mixed results.

NAR's Realtor Relief Foundation: $400K for hurricane victims

Tue, 11/27/2018 - 05:15
Hurricane Michael victims, including non-Realtors, may apply for a $1,500 housing grant from NAR even if they've already applied for aid from other groups. https://www.floridarealtors.org/NewsAndEvents/article.cfm?p=2andid=373617