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: 13 hours 35 min ago

Homelessness, Hospitals and Real Estate Go Together

Fri, 01/10/2020 - 04:01
Hospitals are buying more real estate and turning it into low-income housing because they can’t free up beds by discharging homeless patients who have no place to go.

No. 1 Fla. Beats Texas in U-Haul Movers Survey

Fri, 01/10/2020 - 04:01
More DIY movers chose Fla. in 2019 than any other state, bumping Texas to No. 2 after four years in the top spot. Seven Fla. cities made U-Haul’s top 25 list for growth – five made the top 10. Raleigh-Durham, N.C., ranked first, followed by Kissimmee and Ocala.

Realtor.com: For-Sale Inventory Lowest in Two Years

Fri, 01/10/2020 - 04:01
The number listings on realtor.com in three U.S. cities are down over 30% year-to-year. In the Fla. cities listed, however, the drops range from 16.5% to 8.8%.

NAR Creates ‘ACT’ to Combat Fair Housing Violations

Fri, 01/10/2020 - 04:01
In the shadow of recent fair housing problems, NAR leadership unanimously agreed to create a program called ACT (Accountability, Culture change and Training). NAR says ACT includes a multi-pronged approach to fair housing that includes Realtor education, law changes and more.

Pools, Floors, Fireplaces: What Do Couples Fight Over?

Fri, 01/10/2020 - 04:01
Couple buyers can be deeply in love and still argue the benefit-vs.-cost of hardwood floors or swimming pools – but they rarely fight over a listing’s recent renovations.

Fla. Supreme Court Bumps Energy Amendment from Ballot

Fri, 01/10/2020 - 04:01
A proposed constitutional amendment for a “competitive” Fla. electricity market won’t go before voters. The court did not rule on its merits; instead, it called it confusing because the ballot summary voters see includes a right to “sell electricity” while the complete proposal does not.

Forecast: Fla.’s Economy Will Grow – New Homes Not So Much

Fri, 01/10/2020 - 04:01
UCF forecast: Fla.’s gross domestic product will grow 2.8% this year and new-home construction will rise – but not enough to make up for the current shortage.

Developers Consider Climate Change – Buyers Not So Much

Fri, 01/10/2020 - 04:01
An annual study of South Fla. commercial developers found that climate change was their most pressing issue. In previous surveys, the problem barely registered.

NAR Survey: 4Q 2019 a Good Time to Buy and Sell Home

Fri, 01/10/2020 - 04:01
Almost 2 in 3 Americans (63%) think it’s a good time to buy a home; 1 in 3 (33%) strongly believe that. On the flipside, 3 out of 4 (74%) think it’s a good time to sell.

Plastic Surgeon Sues Zillow over Inaccurate Home Listing

Fri, 01/10/2020 - 04:01
Zillow has won some court cases that claim its “Zestimates” impacted a home’s value, but the latest claims that an inaccurate “foreclosure” label hurt the home’s value.

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

Fri, 01/10/2020 - 04:01
Investors rushed to Treasury bonds after the U.S. and Iran confrontation, pushing rates to a 13-week low, with a 15-year mortgage down to an average 3.07%.

Millennials Still Face Homeownership Challenges

Fri, 01/10/2020 - 04:01
Young adults can’t catch a housing break thanks to student loans and few listings. But postponing ownership may financially hurt an entire generation later in life.

AI Could Increase Minority Homeownership

Fri, 01/10/2020 - 04:01
Artificial Intelligence (AI) is literally color-blind, and a study found that 6% more minority applications are rejected if a human is making the lending decision.

Is an Armoire Your New Staging Ally?

Tue, 01/07/2020 - 05:01
A home that’s short on storage can turn off potential home buyers, so home stagers are turning to the armoire in homes that are tight on closet space.

Remote Notary Now Legal in Fla. – But Maybe Not for You

Tue, 01/07/2020 - 05:01
While remote notarizations became legal Jan. 1, existing notaries must register with the state in order to perform online notary services, and some mortgage lenders may still require in-the-room signatures. By the end of 2020, 36 states will have e-notary laws, remote notary laws or both.

Why Hasn’t Tech Met the Needs Of Housing Consumers Yet?

Tue, 01/07/2020 - 05:01
For one thing, relationships matter in real estate. But buyers also see loans, homes and inspections as a complete RE package, and tech doesn’t coordinate those yet.

Half of Millennials Want a Home That’s Social-Media Ready

Tue, 01/07/2020 - 05:01
A study found why some younger buyers don’t like fixer-uppers: After sharing their purchasing adventure on social media, they want a picture-ready home after closing.

HUD Proposes Rollback of Housing Desegregation Rule

Tue, 01/07/2020 - 05:01
The proposed rule announced Tuesday would redefine fair housing standards and place more emphasis on improving housing choice rather than reducing discrimination.

Higher Conforming Loan Limits Take Effect

Tue, 01/07/2020 - 05:01
It’s official: Buyers can apply for a bigger loan, up to $510,400 for most mortgages (sometimes more) and up to $331,760 for FHA loans (also sometimes more).

Has a Slowdown in Home-Price Increases Reversed Course?

Mon, 01/06/2020 - 04:01
Case-Shiller reported a higher home price increase of 3.3% in Oct., but it’s too soon to determine if it’s a new trend or a one-month exception.