Florida Real Estate News
October home construction hits strongest pace in a year
Fri, 17 Nov 2017 12:59:48 +0500
New home starts climbed 13.7% in Oct., with the single-family component of that total figure up 5.3% and the multifamily component up 36.8%.
Buyers snapping up homes at fastest pace in 30 years
Mon, 20 Nov 2017 13:23:42 +0500
NAR: Typical home spent 3 weeks on the market in the year ending in June 2017, down from 4 weeks a year ago – shortest time since NAR data records began in 1987.
Escrow scams have grown by $950M in 2017
Mon, 20 Nov 2017 13:49:47 +0500
Technology has made real estate transactions quicker and more vulnerable to hackers and escrow scams. Tech security training, policies can help reduce the risks.
Realtors square up after House passes tax bill
Mon, 20 Nov 2017 13:30:30 +0500
NAR Pres. Elizabeth Mendenhall says, "the real work to shape this debate is just getting started." NAR calls the bill a tax hike on many middle-class homeowners and says it would lower property values for all homeowners.
Why aren't more homeowners becoming sellers?
Fri, 17 Nov 2017 13:00:40 +0500
Survey: Many homeowners want to sell but they don't want to buy, and the recent volatile market has made them skittish. As a result, they control today's market on both sides, and "reassuring these individuals is the key to unlocking inventory."
Out of the basement and into a home
Mon, 20 Nov 2017 13:35:49 +0500
Millennials are forming new households and moving to the suburbs to buy homes. Some data show people aged 18-34 have become the nation's biggest group of homebuyers.
Fla. insurer suing policyholders in claims disputes
Fri, 17 Nov 2017 13:07:09 +0500
People's Trust discounted policies to homeowners willing to use its preferred contractors for repairs, and it says it's suing those policyholders who did not.
Homeownership builds wealth through 'forced savings'
Fri, 17 Nov 2017 13:08:16 +0500
Florida Atlantic University study: Rising home values don't make ownership a wise financial move so much as the equity that slowly builds over time.
Foreign investors boost Orlando housing market
Mon, 20 Nov 2017 13:42:05 +0500
Florida Realtors report: Foreign buyers accounted for over 20% of home sales revenues in Fla. this year. Metro Orlando was 2nd to Miami as state's biggest draw.
Big-ticket horse farms hit the market
Fri, 17 Nov 2017 13:09:35 +0500
The high-end real estate market isn't just mansions in Miami – a number of multimillion-dollar horse farms with vast acreage have hit the market lately.
Tips to prepare your budget before buying a home
Mon, 20 Nov 2017 13:47:03 +0500
Income and expenses should be reviewed before buyers ever begin house-hunting. Property taxes, insurance and maintenance fees are other costs to consider.
Florida Realtors gives thanks
Fri, 17 Nov 2017 13:13:11 +0500
On Thursday and Friday, Florida Realtors' offices will be closed for Thanksgiving. Florida Realtors News, the Tech Helpline and Legal Hotline will return on Monday.
Homeowners admit that they're 'real estate stalkers'
Fri, 17 Nov 2017 13:14:01 +0500
Assume that most of your friends and relatives know what you paid for your house. Most (52%) homeowners admit that they've snooped online.