Florida Real Estate

U.S. Consumer Confidence Down | Florida Realtors

America’s confidence in the economy dropped to its lowest level since May 2020, impacted by concerns over tariffs and a possible slowdown in economic growth. WASHINGTON — Americans’ confidence in the economy slumped for the fifth straight month to the lowest level since the onset of the COVID-19 pandemic as anxiety over the impact of … Read more

Assigning an Exclusive Representation Agreement

Although Florida Realtors exclusive agreements (listing or buyer brokerage agreements) don’t contain a cancellation clause, they do allow the broker to assign the agreement to a new brokerage. ORLANDO, Fla. – Question: I am a broker with two separate problems that need a solution. One of my associates is working with a troublesome seller who … Read more

Uncovering Hidden Flood Risks in Florida Homes

MIAMI — For decades, Florida home buyers have relied on the honor system — or lawsuits — to ensure the house they bought didn’t have a secret history of floods. That could change this year, if Gov. Ron DeSantis signs into law a new policy requiring sellers, as well as landlords, to inform new residents … Read more

RE Q&A: Do We Owe Full-Year Property Taxes?

Property taxes are typically prorated at closing. Even if you only lived there a few months, you’re responsible for the full tax bill, but can seek reimbursement from the seller. FORT LAUDERDALE, Fla. — Question: We purchased our first home late last year. We have been getting notices in the mail telling us that our real … Read more

Client Centricity Is Your Competitive Advantage

Success now means speed, strategy, and empathy – agents must deliver clarity, prioritize clients and turn market chaos into confidence. NEW YORK — In today’s unpredictable real estate market, success hinges on client centricity, speed and adaptability. The old playbook of relying on referrals and past strategies is obsolete — agents must now move fast, … Read more

Mortgage Rates Ease Slightly This Week

The rate on 30-year mortgages fell to 6.81% from 6.83% last week, Freddie Mac said. Borrowing costs on 15-year fixed-rate mortgages dropped to 5.94%. WASHINGTON — The average rate on a 30-year mortgage in the U.S. eased this week, though it remains close to its highest level in more than two months. The rate fell … Read more

Citizens Policy Count Drops | Florida Realtors

The number of state-run insurance policies dropped to 806,966, the lowest since 2022, as private insurers took over policies in a depopulation effort. TALLAHASSEE, Fla. — The number of policies in the state’s Citizens Property Insurance Corp. has dropped to the lowest total since 2022, as efforts continue to move customers into the private market. … Read more

68% of Americans Have Faced Financial Fraud

More than a third of Americans faced financial fraud in a year, and most have been scammed at some point. Many now take precautions. NEW YORK – More than a third of Americans have been exposed to financial fraud over a 12-month period and 68% of Americans have experienced a financial scam at some point … Read more

Communicating Clearly for Business Success

Clear speech, strategic pauses, body language and knowing your audience help real estate pros boost communication and build stronger client connections. NEW YORK – The core principles of public speaking include clarity, pace and tone. For real estate professionals, new techniques can improve their business. Communication can be learned and honed through practice. Use strategic … Read more

Three Things to Know About Digital Mortgage Tools

Digital mortgage tools speed up home loans and may reduce costs, but it’s key to understand how your data is used and choose a lender you’re comfortable with. WASHINGTON — With the increased use of digital tools, the mortgage process looks quite different today than it did for previous generations. These new technologies can make … Read more