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.
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.
Fla. was 2nd in states with most foreclosure starts, Miami was one of the major metros with most foreclosure starts and Jacksonville was for highest foreclosure rates.
The new regulations require real estate pros and investment advisors to report cash sales of residential real estate sold to legal entities, trusts and shell companies.
Florida sellers must disclose flood damage history to buyers before contract signing to provide transparency in real estate transactions.
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.
It’s the second drop in 2 weeks, keeping the 30-year FRM at its lowest level in over a year, which is good news for would-be homebuyers facing high home prices.
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.
A year after Hurricane Idalia made landfall in North Florida., FEMA says the National Flood Insurance Program handled 5,200 claims and paid out $372 million.
The governor says “half-baked” plans for golf courses, resort lodges and pickleball courts at state parks will be revamped and the DEP will get more public input.
