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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: 13 hours 36 min ago

New-Home Sales Slipped Slightly in Dec. by 0.4%

Mon, 01/27/2020 - 02:01
Sales for all 2019, however, rose 10.3%, according to the Commerce Dept. The rise was driven entirely by gains in the South, which includes Fla., and the Midwest.

New Virus from China Not in Fla. Yet – But Avoid Risk Anyway

Mon, 01/27/2020 - 02:01
A coronavirus out of China doesn’t seem to be in Fla. yet – but victims may spread the disease before symptoms appear. Take precautions when working with clients.

Buyers Incorrectly Expect Newly Built Homes to be Perfect

Mon, 01/27/2020 - 02:01
A four-year analysis of new homes finds “exterior weather barriers” the No. 1 problem, usually caused by poor workmanship, misinterpretations or plan deviations.

Single-Family Rentals Hot and Getting Hotter

Fri, 01/24/2020 - 04:01
Rents for single-family units, including condos, rose 3% year-over-year in November 2019, according to CoreLogic – a yearly rate increase roughly unchanged since 2010.

Fair Housing: Real Estate Improves; Mortgages Not So Much

Fri, 01/24/2020 - 04:01
A university analysis finds that racial discrimination in mortgage lending hasn’t declined much in the past 30-40 years. In housing, overt discrimination is largely gone, but restrained discrimination – “subtle differences in treatment between whites and minorities” – still exists.

Survey: Buyers Value Agents but Don’t Shop Around

Fri, 01/24/2020 - 04:01
99% of recent buyers said their agent added value to their transaction – but, on average, these same buyers only interviewed two agents before picking one.

Could 3D-Printed Homes Help Affordable Housing?

Fri, 01/24/2020 - 04:01
Some organizations believe 3D building could ramp up affordable housing across the globe – and it could do so quickly with a new home build taking only 24 hours.

Did 1920s Fla. Real Estate ‘Mania’ Kick Off Great Depression?

Fri, 01/24/2020 - 04:01
100 years ago, Fla. land speculators fought each other to flip land, jacking up prices with each sale. Later, stunned by massive losses, they moved money out of stocks too.

Q&A: Can Condo Association Rules Override Fla. Law?

Fri, 01/24/2020 - 04:01
A condo board decided not to list directors’ names with their votes, using only “3-yes, 2-no,” instead; another board charges background-check fees that appear illegal.

Is This Home Accessible? New App Answers that Question

Thu, 01/23/2020 - 09:01
NAHB’s app, the Pocket Guide to the Fair Housing Act, was designed to help builders, contractors and designers determine if a project meets fair housing requirements.

Expect Fla.’s Economy to Grow, Continue Strong in 2020

Thu, 01/23/2020 - 09:01
Florida Realtors Real Estate Trends summit: The U.S. economy is doing quite well – and Fla.’s economy is doing even better, economic experts told more than 400 Realtors at the 2020 summit. Factors that fueled fears of a possible recession have mostly faded.

EPA and Army Corps Rolling Back Waterway Protection Rules

Thu, 01/23/2020 - 09:01
The Trump administration is lifting protections for some streams and wetlands in one of its most extensive and far-reaching environmental protection rollbacks.

Long-Term Mortgage Rates Drop To 3-Month Lows

Thu, 01/23/2020 - 09:01
It’s a great time to buy a home – if buyers can find one. The average rate for a 30-year fixed-rate mortgage declined to 3.60% this week from last week’s 3.65%.

Florida Lawmakers Advance Fight Against Blue-Green Algae

Thu, 01/23/2020 - 09:01
A package of proposals is wending its way through legislative committees – attempts to better control pollutant-laden runoff that nourish blue-green algae blooms.

Some Fla. Homesteaders Unknowingly Claim Two Exemptions

Thu, 01/23/2020 - 09:01
Fla. is strict about claiming a homestead exemption, and an honest mistake cost a Venice retiree $11K because an Ohio title agent accidently checked the wrong box.

Court: Should Mortgage Profits Go to Taxpayers or Investors?

Wed, 01/22/2020 - 03:01
Fannie and Freddie back most mortgages, and after a recession bailout, now return most profits to taxpayers – but investors want the Supreme Court to rule that illegal.

NAR: Existing-Home Sales Climb 3.6% in Dec.

Wed, 01/22/2020 - 03:01
Inventory continues to fall, but buyers appear ready to buy what’s available. While sales rose at the end of 2019, total yearly sales were about equal to those in 2018.

Florida Realtors: Single-Family Sales Up 23.8% in Dec.

Wed, 01/22/2020 - 03:01
And Fla. condo-townhouse sales were up 17.7% year-to-year. The statewide median price for single-family homes rose 5.9% to $270K, and condo-townhouse prices up 8.1% to $200K. Pending inventory and new pending sales also rose statewide in both property categories.

95-Year-Olds Still Qualify for 30-year Mortgages

Wed, 01/22/2020 - 03:01
Under the Equal Credit Opportunity Act, a loan applicant’s age doesn’t matter – even those who think “There’s no way I’ll live long enough to pay this off.”

Judge Rejects Challenge on Underground Power Lines

Wed, 01/22/2020 - 03:01
Fla. remains on track to east post-hurricane suffering by putting powerlines underground, but a court ruling makes it more likely rates will rise faster than hoped.