Florida Realtors Education Foundation will help 179 students with college costs this year. Since it started in 2010, it has given more than $2.74M in scholarships. ORLANDO, Fla. – As young people head off to college this fall, 179 of them from communities across Florida will receive financial help for their costs through scholarships from … Read more
New listings, median sales prices rose YoY for existing single-family homes, up 15.2% and 1.6% ($426.5K), and for condo-townhouse units, up13.8% and 1.5% ($330K). ORLANDO, Fla. – In May, Florida’s housing market reported more new listings, increased for-sale inventory and higher median prices compared to a year ago, according to Florida Realtors®’ latest housing data. … Read more
The median existing-home sales price jumped 5.8% from May 2023 to $419,300 – the highest price ever recorded and the 11th consecutive month of YoY price gains. WASHINGTON – Existing-home sales slightly declined in May as the median sales price climbed to a record high, according to the National Association of Realtors®. In the four … Read more
Florida Realtors has released new buyer representation forms in advance of the practice changes related to the NAR settlement. Links to /media/4629 Florida Realtors has released four new forms — two compensation agreements and modification forms, for each compensation agreement. ➡️ CLICK HERE TO FIND THE FORMS & LEARN MORE ORLANDO, Fla. – Florida Realtors® … Read more
RE Q&A: Can the seller keep the deposit, since there is a signed contract? It depends on the financing section of your contract, timing and other specific details. FORT LAUDERDALE, Fla. – Question: We recently signed a contract to sell our home. Yesterday, our real estate agent told us the buyer was canceling because they … Read more
The proposed increase, on average 13.5%, will go to the state Office of Insurance Regulation for review and potential approval. TALLAHASSEE, Fla. — While saying Florida’s insurance market is improving, the Citizens Property Insurance Corp. Board of Governors on Wednesday backed a proposal that would lead to customers across the state seeing double-digit rate increases … Read more
For the first time in state history, the median sale price for Florida exceeded that of the national number and has stayed there for several months. ORLANDO, Fla. – Each month, Florida Realtors® publishes a bevy of housing statistics, but few are examined as often as the median sale price of homes. The market price … Read more
Early results from the University of Michigan’s consumer sentiment index show sentiment is currently about 31% above the trough seen in June 2022. WASHINGTON – Preliminary results show consumer sentiment declined 3.5 points in June to hit 65.6, 1.4 points higher than one year ago. The Current Economic Conditions Index fell 7.1 points from the … Read more
Florida saw more than three times the influx of retirees than any other state. Many are moving to the St. Pete area. NEW YORK – As people retire, their goals shift, often causing them to reconsider where they’re living and how they spend their money. Places with a high cost of living, high taxes and … Read more
NEW YORK – Black toilets, wall-to-wall carpet, and all-white bathrooms are a few design sins we’re here to save you from. Designing and decorating your bathroom can be tricky. Unlike other rooms, your bathroom is constantly at the mercy of excess moisture. It’s also where most people begin their mornings, end their evenings, find some … Read more
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