Florida Realtors News
News Archive
Commissioner Mike Yaworsky said Florida’s insurance market continues to recover after reforms, but progress will take time to show up for consumers.
AI-driven impersonation, phishing and home improvement scams are rising. Slowing down, verifying requests and avoiding unusual payments can help prevent losses.
Rates on 30-year mortgages dropped to 6.3% from 6.37% last week, and 15-year rates also eased, from 5.65% from 5.74% last week, Freddie Mac said.
Common seller objections can slow a sale. Focusing on closed sales and current competition can help avoid stale listings.
Higher material and energy costs are slowing momentum. In the South, including Florida, conditions held steady as incentives remain widely used.
Single women now own far more homes than single men and lead in most U.S. metros, including fast-growing Florida markets where prices better match single incomes.
Florida Realtors released Spanish versions of two contracts as reference tools. State law requires contracts be in English, so translations aren’t binding.
Nearly 6 in 10 parents are stepping in, often contributing $25K to $100K+ to cover down payments, closing costs or help buyers qualify in a tight market.
The settlement, if approved by the court, reaffirms prior practice changes and would release members, state and local associations, and more from liability.
Sales in the South, including Florida, dipped 3.1% in March but remain up 2.2% year over year, NAR said. Inventory continues to limit the market’s pace nationwide.