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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: 15 hours 38 min ago

Reducing Risk: Hot Topics Heading into 2020

Thu, 12/19/2019 - 23:12
Sometimes a bogeyman seems to be hiding in every dark corner. At NAR’s November convention, General Counsel Katie Johnson listed five specific dangers hanging over brokers’ heads today – and specific steps that can be taken to mitigate those risks.

RE Q&A: Sued by My Condo Association: Can I Ignore Them?

Thu, 12/19/2019 - 23:12
A condo unit owner received an incorrect charge and told the management company – but a few months later, the association served her with a lawsuit. Does she have to respond and “deal with this nonsense”?

Dear Anne – Not from My MLS? Go Away!

Thu, 12/19/2019 - 23:12
most of the work on behalf of this absentee agent who, of course, still expects a full commission. When can you draw a line and refuse to do other people’s work for them?  

Property Inspections: Who Has to Be There?

Thu, 12/19/2019 - 22:12
There are fewer rules about who should or should not attend a property inspection than many Realtors think. To determine who needs to be present, look at a combination of factors, including the parties’ wishes and the buyers’ and sellers’ rights under the contract.

Is ‘I Want to Close Quickly’ a Realistic Timeline Goal?

Thu, 12/19/2019 - 22:12
Sometimes a buyer will negotiate a contract with aggressively short timelines to make their offer more attractive to a seller. But both parties should consider whether the timelines are realistic. It’s not a great deal if it’s destined to fail.

NAR: Existing-Home Sales Decline 1.7% in Nov.

Thu, 12/19/2019 - 05:12
Total U.S. existing-home sales eased from Oct. but are up 2.7% from a year ago; single-family sales up 3.5% over Nov. 2018. Chief Economist Yun cites low inventory.

Florida Realtors: Single-Family Sales Rise 6.1% in Nov.

Thu, 12/19/2019 - 05:12
Statewide median price for single-family homes rose 3.9% to $265K; condo-townhouse median price up 5.4% to $195K. Pending inventory also rose statewide, while new pending sales for single-family homes was up 14.4%; up 8.6% for condo-townhouse properties.

Mortgage Rates Unchanged – 30-Year Loan at 3.73%

Thu, 12/19/2019 - 05:12
While unchanged week-to-week, the rate is still almost a full point lower year-to-year. In Nov. 2018, the 30-year FRM averaged 4.62%.

NAR to Supreme Court: Don’t Hurt Real Estate in CFPB Case

Thu, 12/19/2019 - 05:12
A case before the highest court questions whether the Consumer Financial Protection Bureau is constitutional – but the 30-year mortgage could be collateral damage.

Create Content for Every Stage in a Homebuyer’s Journey

Wed, 12/18/2019 - 04:12
Buyers closing in eight days have different concerns than wanna-be buyers planning to start a search next June. Effective content offers information for both.

Senate Bill Funds Panhandle Recovery, Military Housing

Wed, 12/18/2019 - 04:12
A $738B bill heading to Pres. Trump’s desk authorizes more than $1.5B to the Panhandle’s Tyndall AFB and tightens rules for landlords who supply military housing.

Could January be the New April for Home Shopping?

Wed, 12/18/2019 - 04:12
April traditionally kicks off the spring home buying season, but the current market has sparked a shift. In a number of metro areas, Jan. is the most competitive month.

House Funding Bill Extends Flood, Terrorism Insurance

Wed, 12/18/2019 - 04:12
The spending bill extends national flood insurance for nine months and terrorism insurance for seven years and it halts a federal government shutdown at midnight Friday. The bill still needs a Senate vote and Pres. Trump’s signature, both of which are generally expected.

The Gift of a Home Down Payment: What You Should Know

Wed, 12/18/2019 - 04:12
Down payment help is the gold standard of holiday giving – but it’s not as simple as handing over a wad of cash with a note that says “Happy Holidays!”

In the Wake of a Real Estate Slump, Luxury Staging Gets Creative

Wed, 12/18/2019 - 04:12
A customized approach to staging is becoming more prevalent for high-end properties. The goal? To create a unique look and personality that helps it stand out.

New-Home Starts Rise by 3.2% in November

Tue, 12/17/2019 - 03:12
Building permits rose 1.4% – the highest sign of future construction since May 2007. Single-family starts rose 2.4% and apartment builds rose 4.9%.

WhatsApp Going Dark Soon for Millions of Users

Tue, 12/17/2019 - 03:12
How old is your phone? WhatsApp will lock out millions of users on Feb. 1 if they’re still using older versions of Android, Apple and Windows phones.

43% of Renters Saw Fake Listings During Their Home Search

Tue, 12/17/2019 - 03:12
A Better Business Bureau study finds that rental fraud saturates the market, with the copying of legitimate listing info the most common. The FBI found more than $37M in losses so far this year associated with fraud complaints that include the word “rent.”

Not Enough New Construction – 4 Reasons Why

Tue, 12/17/2019 - 03:12
While economists at NAR’s summit were optimistic about the future, four factors impacting the new-construction market will continue to hold back supply.

Relocate to Fla. for Tax Purposes? Here’s How It Works

Tue, 12/17/2019 - 03:12
Fed tax changes help Floridians keep more tax money than New Yorkers, but individual estimates are complicated – and it’s easy to ID people lying about residency.