Floridians in August remained cautious about the current economic conditions but expressed optimism about their personal finances and the national economy.
Retirement-aged adults are increasingly sharing housing arrangements due to rising taxes, insurance and mortgage costs.
Single-family permits surged in Q2 2024 despite high rates, driven by high demand. Multifamily permits dropped due to tight financing and excess inventory.
After four straight months of declines, consumer sentiment in August increased 1.5 index points above July, according to the University of Michigan.
Florida Realtors and NAR rolled out new tools to help Realtors navigate the Aug. 17 practice changes, focusing on building trust and showing value to buyers.
Florida sellers must disclose flood damage history to buyers before contract signing to provide transparency in real estate transactions.
A Realtor advertised his services with guaranteed savings but was unable to provide it. The ethics panel deemed the slogan misleading, since savings couldn't be guaranteed in every case.
The foundation settled with HUD over claims it blocked people of color from the appraisal profession. As part of the settlement, it will establish a $1.22M scholarship fund.
Citing affordability issues, NAR reported contract signings declined in all four U.S. regions month over month, while pending sales were down 8.5% year over year.
Although dispute resolution clauses are rarely at the forefront of people’s minds when negotiating a contract, they can have a big impact when disputes arise.
