Florida Real Estate

Existing-Home Sales Retreated 1.9% in April

NAR: Existing-home sales in the South dropped 1.6% from March to an annual rate of 1.9 million in April. The median price in the South was $366,200. WASHINGTON – Existing-home sales receded in April, according to the National Association of Realtors®. All four major U.S. regions posted month-over-month declines. Year-over-year, sales decreased in the Northeast, … Read more

Court Rejects Stay in Wetlands Fight

The case, closely watched by business and environmental groups, stems from a 2020 federal decision to shift permitting authority to the state for wetland projects. TALLAHASSEE, Fla. — Rejecting arguments by Florida and business groups, an appeals court Monday refused to put on hold a U.S. district judge’s ruling in a battle about permitting authority … Read more

$100 Million Approved for HHHP

The bill, which was a 2024 Florida Realtors legislative priority, also includes changes to the Live Local Act. Hometown Heroes Housing Program funding begins July 1. TALLAHASSEE, Fla. – Gov. Ron DeSantis signed a bill revising 2023’s Live Local Act, providing an additional $100 million to the Hometown Heroes Housing Program (HHHP) for zero-interest downpayment … Read more

Insurers Using Aerial Images to Review Risk

Insurance companies are using aerial photos during the underwriting process to determine if a policy should be renewed. Keep your yard clear of debris. WASHINGTON – It’s a notice no homeowner wants to get: Your insurance company has decided not to renew your policy, effective in 30 days. The reason? Based on aerial photos of … Read more

Sustainable Spaces: The Bathroom | Florida Realtors

Eco-friendly bathroom upgrades like smart showerheads cut energy costs and help attract today’s sustainability-minded buyers. NEW YORK – It may come as no surprise that American households use most of their water in the bathroom. Approximately 24% of a household’s water use can be traced to the toilet alone, and another 20% goes down the … Read more

Florida Leads in Housing Boom to Ease Shortage

WASHINTON –The United States has added almost 5 million housing units since 2020, most heavily in the South and most of them single-family homes, making a housing shortage look conquerable in much of the nation. Still, even more homes need to be built, especially single-family homes, experts say, and continuing high interest rates are hurting … Read more

Housing Starts Post Slight Gains in April

The pace of housing starts was 17.7% higher than a year ago, but still insufficient to meet the demand, experts say. Higher rates have stymied homebuilding.   WASHINGTON – Housing starts in April posted a monthly gain of 5.7% to a seasonally adjusted annual rate of 1.36 million units, following a 17% fall in March, … Read more

Building Confidence as a New Agent

The early years as a new agent can be tough, but there are ways to make it more manageable, such as by taking classes and going to events. WASHINGTON — Real estate sales can be one of the most challenging yet most rewarding careers out there. Passing the state exam is hard enough but once … Read more

DeSantis Signs Citizens Insurance Bill

Under the bill, some non-homesteaded properties could be moved from Citizens to surplus lines insurers, which do not face the same regulations as standard carriers. TALLAHASSEE, Fla. – Gov. Ron DeSantis on Friday signed 20 bills, including a measure that could expand efforts to move policies from the state’s Citizens Property Insurance Corp. into the … Read more

Florida Realtors Disaster Relief Fund Open

The National Weather Service said three tornadoes ripped through Tallahassee. The disaster relief fund is available to Realtors, Realtor boards/associations and their staff. ORLANDO – The Florida Realtors® Disaster Relief Fund began accepting applications after tornadoes ripped through downtown Tallahassee and the surrounding area on Friday, killing one person. Gov. Ron DeSantis declared a state … Read more