Florida Realtors News

A reduction in the state’s business lease tax began Saturday, weeks earlier than originally planned. Florida Realtors has long advocated for the cut.

Florida Realtors said its updated forms reflecting practice changes from the NAR national settlement will be released in mid-June rather than May 31.  

Millennials planning to buy a home are moving in with their parents to save money and avoid the hassle of timing a home purchase with the end of a rental lease.

The most popular type of home loan – a conventional mortgage – may cost less in the long run. There are also a variety of loan terms available.

The CFPB is seeking public input into mortgage closing cost “junk fees.” Mortgage industry trade groups said changes must go through the rule-making process.

A panel of experts said work from home has negatively impacted commercial real estate, but office-to-housing conversions can help.

A financial-rating agency said it was “cautiously optimistic” about the Florida market, in part due to 2022 legislative reforms and declining Citizens’ policies.

Post-transaction follow-ups boosts sales and a brokerage’s bottom line, so make it easier for your agents to engage their clients over time.

Contract signings retreated in all regions compared to the previous month and one year ago. The Midwest and West saw the largest monthly declines.

The sales tax holiday, which runs through June 14, focuses on disaster preparedness supplies, such as portable generators, tarps and flashlights.