Florida Real Estate News
Fannie Mae announces eviction moratorium for the holidays
Tue, 12 Dec 2017 12:59:36 +0500
Freddie Mac and FHA should soon follow suit. In a holiday tradition, foreclosure actions may continue but families won't be evicted until at least Jan. 2, 2018.
U.S. 30-year, fixed-rate mortgage rate slips to 3.93%
Thu, 14 Dec 2017 12:31:14 +0500
Freddie Mac economist Len Kiefer said the market had already priced in the Fed's rate hike on Wednesday, so mortgage rates barely moved from last week's 3.94%.
Use state affordable housing funds for housing
Thu, 14 Dec 2017 12:09:00 +0500
Manatee County commissioners have OK'd a resolution asking the Florida Legislature to use all the monies in the Sadowski Trust Fund solely for affordable housing.
Great American Realtor Days: Register now
Thu, 14 Dec 2017 12:07:16 +0500
Tell Fla. lawmakers what you really think and network with fellow Realtors from across the state Jan. 9-11 at Great American Realtor Days. Registration is open.
Florida Realtors: Deck the halls safely this holiday season
Mon, 11 Dec 2017 13:28:16 +0500
Yule logs should burn – Christmas trees should not. If you're decorating for the holidays with this year, keep these safety tips in mind.
NAR's new Call for Action may be working
Wed, 13 Dec 2017 14:17:16 +0500
A House-Senate joint committee reconciling tax reform bills might be raising the mortgage-interest deduction cap to $750K. Haven't joined NAR's newest tax reform Call for Action? Do it now. http://www.floridarealtors.org/callforaction
Computer or phone problems? Call or email us
Tue, 12 Dec 2017 12:48:44 +0500
It's like having a computer-geek best friend: Florida Realtors Tech Helpline, a free member benefit, can be reached via email, online chat or phone: 407.587.1450. http://www.floridarealtors.org/ToolsAndSupport/TechHelpline/index.cfm
Build business and recharge over the holidays
Tue, 12 Dec 2017 12:51:22 +0500
Take time to rest and recuperate over the holidays – but also reconnect with clients and invest time studying the latest changes in the real estate industry.
FREC UPDATE: New team advertising rules approved
Wed, 13 Dec 2017 14:40:21 +0500
The Florida Real Estate Commission (FREC) considered comments but made no changes to proposed team advertising rules before voting to approve them on Wednesday. However, the new rules have one
Fixer-upper or money pit? How to decide
Wed, 13 Dec 2017 14:18:22 +0500
Frustrated buyers shopping too-few listings will increasingly consider a home that needs work – but how can they calculate repair costs before making an offer?
HUD announces new FHA loan limits for 2018
Mon, 11 Dec 2017 13:47:03 +0500
Due to rising home prices, FHA loan limits will go up in 3,011 U.S. counties next year. In high-cost areas, the max rises from $636,150 to $679,650 next year.
Remodeling for profit? Unlikely
Tue, 12 Dec 2017 12:58:46 +0500
Sellers who spend $5K on an upgrade and ask $10K more for their home will probably be disappointed. "Hardly anything will offer a net profit," says Realtor Barry Grooms. But some "help sell the property faster and fetch a higher sales price."
FHA will stop financing property with a PACE loan
Mon, 11 Dec 2017 13:44:53 +0500
HUD will no longer allow FHA financing on properties if a PACE energy-efficient improvement lien remains in place. It says a mortgage default could threaten its Mutual Mortgage Insurance Fund since PACE loans have priority lien status.
GOP forges a deal on taxes; cuts coming for next year
Thu, 14 Dec 2017 12:30:12 +0500
The tax reform bill would provide generous tax cuts for corporations and the wealthiest Americans, with smaller tax cuts for middle- and low-income families. It also repeals the mandate that most Americans get health insurance,
Pa. Realtors report realtor.com scam offering leads
Wed, 13 Dec 2017 14:23:17 +0500
Realtor.com doesn't text or email agents to sell leads, but an apparent scammer makes it appear that they do. He's contacting agents in the Northeast in a scam similar to an older one in which unrequested leads seemed to come from Zillow.
Legal QandA: Does condo board have authority to give gifts?
Mon, 11 Dec 2017 13:42:22 +0500
Legal QandA: Does condo board have authority to give gifts? Also: Is the shower drainpipe in my upper-floor condo my responsibility until it joins my downstairs neighbor's drainpipe? When does the HOA have authority?
You'll soon know if tax reform helps or hurts your business
Wed, 13 Dec 2017 14:22:06 +0500
The House and Senate reached agreement on a tax reform bill, and top aides say they expect to reveal the final details this week.
Tampa Bay: Flipping homes for big profits is getting harder here
Thu, 14 Dec 2017 12:10:53 +0500
Irma claims top $6B, Citizens braces for 50,000-plus new customers
Thu, 14 Dec 2017 12:20:57 +0500
Fla.'s state-run and second-largest carrier expects to add more than 50,000 customers in 2018, increasing its policyholders to around 500,000 or about 14%.
Conflict over vacation rental rights brewing
Tue, 12 Dec 2017 12:57:39 +0500
Whose private-property rights matter more – a homeowner or his neighbors next door? And as short-term renting becomes easier, who gets to decide what's allowed?