Florida Realtors® News

4/15/2019 2:44:07 AM

The 2019 Florida Realtors Convention and Trade Expo isn't just for leaders, top producers or brokers. It's for you – small business owners who want to make more money.

4/18/2019 2:37:13 AM

The week-to-week increase was .05%, and it's still good news for homebuyers. One year ago, the FRM averaged 4.47%.

4/15/2019 2:44:52 AM

Lots of money is being inherited or transferred, and real estate was the only asset class with a notable increase in high-net-worth allocation in 2017-2018.

4/18/2019 2:30:03 AM

The scammer offered undocumented residents a scheme to help them buy a home and then absconded with the money they gave her for a downpayment.

4/17/2019 1:18:38 AM

LendingTree asked people considering their first home about their top concerns, and a lack of inventory below $150K is driving many to consider fixer-uppers.

4/17/2019 1:11:15 AM

Google maps has a new tool. Homeowners type in an address and get a map, personal solar analysis including savings and a cost estimate to install solar panels. Check now.

4/17/2019 1:10:40 AM

Want to become a leader in the real estate industry? Join fellow female Realtors in Davie on June 5 for Florida Realtors' Women in Real Estate Conference. Discover more.

4/16/2019 2:53:40 AM

Reconstruction costs rose up to 7.6% between 2016 and 2018, and many Fla. homeowners might have less insurance than they need if a major disaster occurs.

4/16/2019 2:45:20 AM

One third of Realtors say they've faced some type of safety threat in the field, according to NAR's latest Member Safety Report. In response, NAR is making it easier for members to alert each about potential threats through a new Realtor Safety Network.

4/15/2019 2:49:42 AM

Investors have flocked to the tax advantages offered by Opportunity Zones, and HUD is now taking public comments on how to maximize the benefits for communities.

4/17/2019 1:17:38 AM

According to New York Federal Reserve Bank economists, capital costs after the 2017 Tax Cuts and Jobs Act appear to have increased from 1% to 5% for homes if the amount borrowed for financing exceeds $750K – one variable leading to the current slowdown

4/16/2019 2:52:57 AM

A 34-year-old Illinois firefighter bought his first house right out of college and now owns and manages 93 rental properties with an eight-figure total value. He does all rehab work and says his wife, a real estate agent, is the key to his success.

4/18/2019 2:36:11 AM

While not assured, the Florida Legislature appears closer to finalizing property insurance assignment-of-benefits reform this year after failing to do so in previous sessions. The sponsor of a Senate bill says it's now in agreement with the House.

4/15/2019 2:48:34 AM

Thanks to rising home prices and a limited inventory of homes at the entry level, 60% of first-time buyers will consider a home that needs TLC – and many would spend more than $20,000 on the renovation, according to a survey.

4/16/2019 2:50:03 AM

Positive milestones: The House AOB bill passed with a 96-20 vote, and the Senate might vote soon. Open/expired permits and remote notary bills also advanced.

4/17/2019 1:17:00 AM

"The initial stigma of crowdfunding is long gone and everyone in our industry ... recognizes it as a viable source of capital raises." – Denholtz Associates pres.

4/15/2019 2:47:29 AM

The Fla. Legislature might eliminate a condo mediation program in favor of private mediation and the courts to settle disputes between residents and condo boards.

4/18/2019 2:34:58 AM

The controversial plan would cancel Clinton-era regulations that allowed illegal immigrants to sign up for assistance without having to disclose their status.

4/16/2019 2:47:48 AM

Builder confidence is well above the 50-point level that's neither positive nor negative, but they say a "chronic shortage" of workers and lots holds them back.

4/15/2019 2:46:42 AM

Six months ago, "I was guardedly optimistic. Now I'm just plain optimistic," says Michael Fratantoni, chief economist of the Mortgage Bankers Association.

4/18/2019 2:33:34 AM

Fla. is 2nd for number of members after Calif. and 33.5% (with Texas) of all Realtors working in 3 states. If the Miami Assoc. was a state, it would be No. 8.

4/17/2019 1:16:00 AM

A recent survey by MKM Partners found that that a majority of younger baby boomers and older Generation X-ers aren't planning to downsize with their next move.

4/16/2019 2:47:07 AM

Adopting one small tech trick for a task done every day can save a lot of time or stress – but only if you know that the trick exists in the first place.

4/18/2019 2:31:18 AM

The report focuses on economic development, entrepreneurship, safe neighborhoods, education and workforce development, and measurement.

4/15/2019 2:45:35 AM

In the eyes of Wall Street credit raters, Quicken is a relatively risky business: It's debt is below investment grade and it's too dangerous for pension funds.

4/17/2019 1:14:50 AM

Over the past six years, solar energy capacity has more than doubled in 45 of 57 largest U.S. cities – enough electricity to power nearly one in every 11 homes