Florida Realtors News

In a time of rising housing costs, a fixer-upper offers more house for the money – but the iffy cost for renovations scares buyers already hurt by high interest rates.

After Aug. 28, lenders must give FHA borrowers a Supplemental Consumer Information Form (SCIF) to identify language preferences and other buyer history.

UF’s June consumer sentiment saw an uptick to 69.3 from May’s 69.1, driven mainly by U.S. economic expectations. It’s the highest reading since Oct. 2021.

A court case alleges the new law discriminates, and Fla. submitted a 59-page doc saying no – that it’s consistent with tradition and necessary to fight foreign influence.

FFIEC: In 2022, the percentage of home loans to Blacks (7.9% to 8.1%) and Asians (7.1% to 7.6%) rose, but it fell slightly for Hispanics (9.2% to 9.1%).

After a comment period, the agencies finalized a policy on how to handle commercial loan accommodations and workouts for financially troubled firms.

Consumers often know little about real estate buying and selling, so certain topics should be rotated to catch new eyes when customers decide to enter the market.

On July 1, a Fla. sales tax exemption period began for Energy Star appliances, but there’s no rush to buy: It runs for a full year, through June 30, 2024.

A DA (domain authority) search ranking estimates the strength of a website to search engines, such as Google – the higher the score, the better.

Two Florida Realtors-backed bills – the rental housing bill (HB 1417) and local ordinance bill (SB 170) – clarify rental rules and ease some local regulations.