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

Older Home Buyers Opt to ‘Smart-Size’ Over ‘Downsize’

Tue, 10/01/2019 - 03:10
Meyers Research: 30% or people who move to active-adult communities end up moving to a larger place in the community after they’ve lived there for a while.

Pets Can Take a Big Bite Out of Resale Value

Mon, 09/30/2019 - 03:09
ASPCA: Repairing damage to real estate caused by dogs costs about $737 to $1,040 a year – and standard homeowners’ policies won’t cover damage caused by a pet.

Getting Insurance Proceeds for Hurricane Irma Still Possible

Mon, 09/30/2019 - 03:09
Q&A: Give notice to the insurance carrier you intend to pursue the claim ASAP but no less than 3 years after the hurricane first made landfall or caused the damage.

U.S. Mortgage Debt Hits Record, Eclipsing 2008 Peak

Mon, 09/30/2019 - 03:09
Fed Reserve Bank: Mortgage balances rose to a record $9.406 trillion in 2Q. But the increase may be related to owners tapping into their equity when they refinance.

Florida Faces Apartment Shortage

Mon, 09/30/2019 - 03:09
The state needs to add more than 600K new apartments by 2030 to keep up with the state’s growing population and demand for rentals, according to the Florida Apartment Association.

NAR Considers MLS Policy to Fuel Broker Cooperation

Mon, 09/30/2019 - 02:09
Under the proposal, brokers who are MLS participants must share listings with other brokers in the MLS if those listings are publicly marketed. NAR seeks member feedback on the policy ahead of the Conference & Expo in San Francisco in Nov.

Congress Votes to Extend National Flood Insurance

Mon, 09/30/2019 - 02:09
No lapse in NFIP yet: Congress passed an extension to keep it going until Nov. 21 – the 13th time it’s been extended. Pres. Trump is expected to sign the bill.

Calif. CEO: Realtors Have Little to Fear from iBuyers

Fri, 09/27/2019 - 04:09
Realtors fear iBuyers will destroy RE the way Amazon hurt retailing. It’s another business change, says Joel Singer, CEO of California’s Realtors. “But it doesn’t change it in a way that should generate fear. It should generate a sense of opportunity.”

Q&A: Should Buyers Be Worried About Permit Code Violations?

Fri, 09/27/2019 - 04:09
Failing to obtain required permits can result in code violations. A seller should have already taken care of these details, but should a buyer be concerned anyway?

Study: Florida Ranks 40th in Total State and Local Taxes

Fri, 09/27/2019 - 03:09
The average Fla. family pays less taxes than those in other states, but it’s still about $20K yearly; and some taxes are relatively high, including RE transactions.

NAR Backs Pro-Housing Measures in Congress

Fri, 09/27/2019 - 03:09
NAR Pres. Smaby says each piece of legislation will help expand opportunities to people underserved by traditional credit models or harmed by inaccurate reporting.

Get First-Time Buyer Leads by Preparing Them to Buy

Fri, 09/27/2019 - 03:09
Survey: Only 41% of first-time buyers say they feel prepared for the process – and 47% believe that the homebuying system is “rigged” against the buyer.

Hurricane Michael Anniversary Nears as Recovery Continues

Fri, 09/27/2019 - 03:09
Local first responders received a $1.1 million grant from the state Thursday – the first distribution from a $25 million fund approved this spring by lawmakers.

Septic Tanks Eyed in Efforts to Combat Algae

Thu, 09/26/2019 - 04:09
Fla.’s Blue-Green Algae Task Force wants the state to be teamed with health officials who permit septic tanks as a first step toward cleaning up Fla.’s waterways.

Attracting Generation Z Agents to Your Brokerage

Thu, 09/26/2019 - 04:09
Millennials are top homebuyers, and Gen Z – their younger brothers and sisters – understand them. They also grew up marketing themselves on social media.

Reverse Mortgage Fed Report: FHA Has Work to Do

Thu, 09/26/2019 - 04:09
FHA, the primary backer of reverse mortgages, needs stronger oversight, says Gov’t Accountability Office. Defaults in 2014 were 2%; in 2018, they were 18%.

NAR: Pending Home Sales Rose 1.6% in August

Thu, 09/26/2019 - 03:09
Pending sales went up 1.6%, reversing the prior month’s decrease, and year-over-year contract signings jumped 2.5%. NAR economist calls it “very encouraging.”

Fake Online Listing Scam Gets New Twist Thanks to Airbnb

Thu, 09/26/2019 - 03:09
In a successful Spokane scam sure to be repeated, crooks rented a single-family Airbnb that was for sale, scraped the home’s online ad and changed contact details. They gave renters a property tour and rental contract before scamming them out of a $2,000 deposit

Long-Term Mortgage Rates Fall – 30-Year at 3.64%

Thu, 09/26/2019 - 03:09
Sept. has been a volatile month for mortgage rates. The average is down from 3.73% last week. One year ago, the 30-year FRM averaged 4.72%.

For Buyers, Happiness More Important than Financial Return

Wed, 09/25/2019 - 04:09
Study: The real estate industry promotes the financial value of property, but owners care more about the happiness it provides and emotional attachment to “home.”