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: 2 years 19 weeks ago

New Single-Family Homes Get Bigger Again

Wed, 11/24/2021 - 04:11
After years of expansion, the average size of a new home started to come down – but a desire for more space in 3Q 2021 pushed new-home sizes 6.2% higher.

Higher Home Values Mean Higher Property Taxes

Wed, 11/24/2021 - 04:11
Homebuyers who think property taxes will match the amount the seller had paid often find they’re wrong – and rising home values may might make them very wrong.

Oct. New Homes Sales Up 0.4% as Prices Climb

Wed, 11/24/2021 - 04:11
While new-home sales increased, the amount of that increase was less than economists predicted. Year-to-year, new-home sales were down 23%.

One Pandemic Perk? Credit Scores Reach All-Time High

Tue, 11/23/2021 - 04:11
Relief programs and slower consumer spending boosted the average credit score 8 points, to 716, putting homeownership within reach for more buyers.

Florida Dodges Bullet as Storm Season Set to End

Tue, 11/23/2021 - 04:11
For the second year in a row, homeowners and insurers got through a hurricane season without facing any major storms.

Should You Be Marketing in the Metaverse?

Tue, 11/23/2021 - 04:11
Facebook and Microsoft envision metaverse growth, but it’s unclear if “living avatars” existing in a “hyper-real alternative world” are a fad or opportunity.

Oregon Bans Buyer “Love Letters” – Broker Sues

Tue, 11/23/2021 - 04:11
So-called love letters from buyers to sellers potentially raise fair housing concerns, but a brokerage says it violates First Amendment free speech rights.

Builders’ Hope Manufactured Homes Will Find Buyers

Tue, 11/23/2021 - 04:11
Homes largely built in factories and assembled onsite cost notably less, and builders say that option can help solve the affordable-home shortage.

Support a Florida Realtors Charity on #GivingTuesday

Tue, 11/23/2021 - 03:11
Realtors® are known for their giving spirit and love of community. Help us gift a smile or two this GivingTuesday by supporting a worthy cause. Click to learn more.

Florida Realtors Targeted With Scam Using GoFundMe

Tue, 11/23/2021 - 01:11
Scammers created a fake “GoFundMe” campaign to raise money for a Florida Realtors’ member’s child suffering from a rare disease. Don’t believe it.

Reservoir Completion Should Ease Toxic Algae Problems

Mon, 11/22/2021 - 04:11
The Corps of Engineers finished a $339M project to reroute excess water, which should cut St. Lucie River algae blooms that plagued nearby homeowners.

NAR: Oct. Sales Up 0.8% – but Down 13.1% Year-to-Year

Mon, 11/22/2021 - 04:11
Despite rising mortgage rates and a tight listing inventory (down 12% year-to-year), determined Americans kept purchasing homes in Oct.

Fla. Market: Median Prices Up, Amid Low Oct. Inventory

Mon, 11/22/2021 - 04:11
Florida Realtors’ data: Demand, low inventory impact prices. Single-family home median sale price up 17.7% to $358,950, condo median price up 17.6% to $260,000.

Fed will Maintain Current Policies Under Current Chair

Mon, 11/22/2021 - 04:11
Buyers keep an eye on mortgage rates, but there should be fewer surprises after Pres. Biden said he’ll rename Jerome Powell as chair for another four years.

Some Fla. Counties Disburse 100% of Rental-Aid Money

Mon, 11/22/2021 - 04:11
Other Fla. counties have not. Miami-Dade and Palm Beach counties distributed all their initial rent-assist funding, for example, but Broward had used only 32%.

Office Market: Owners Deferring to Employees on Return Plans

Fri, 11/19/2021 - 04:11
Office managers aren’t sure about future space needs because they aren’t sure how many workers will return. In a tight labor market, many are letting employees decide.

What Will Infrastructure Bill Do for Fla.’s Realtors?

Fri, 11/19/2021 - 04:11
The new law is controversial, but one element – a big investment in broadband for rural areas – could open up areas of Fla. to buyers who no longer commute to work.

New Bidding Wars Expected as International Buyers Return

Fri, 11/19/2021 - 04:11
Inventory remains tight, but it could get tighter if more buyers arrive. Some S. Fla. agents say they’re already getting calls from returning international buyers.

How Can Buyers with VA Loans Compete?

Fri, 11/19/2021 - 04:11
A VA loan is attractive if you’re active or retired military, but sellers sometimes think conventional loans present fewer problems. A larger deposit might help.

How Did Housing Policy Hurt Black Americans? NAR Explains

Fri, 11/19/2021 - 04:11
Two experts clarified historic discrimination at NAR’s convention, saying homeownership helps “launch the next generation,” and many young Black adults lost that edge.