RSS Florida Realtors® News

  • Feb. home prices rose at fastest pace in 3 years April 25, 2017
    SandP CoreLogic Case-Shiller: Home prices rose 5.8% in Feb. – a rate many analysts say may not be sustainable – as listings hit the lowest point in 20 years.
  • March new-home sales climb to 8-month high April 25, 2017
    U.S. new home sales rose notably higher (5.8%) last month as more American homeowners decided to move up into a newly built home – a positive sign for the broader economy.
  • Trump slaps 20% tariff on Canadian softwood April 25, 2017
    The cost of new home construction and remodeling could soon go up along with the cost of lumber via company-specific Canadian tariffs that range from 3%-24%.
  • Consumer confidence drops in April April 25, 2017
    Americans were less optimistic about the future this month, with the short-term outlook for business, employment and income down, according to the latest Index.
  • Reports: Homes sell faster, close quicker April 25, 2017
    Average time for homes to change hands: 73 days. 48% of listings go under contract in less than 30 days, says NAR, while Ellie Mae says it takes 43 days to close.
  • You text all the time. Now do it faster April 25, 2017
    Any agent selling a "3BR HORSE" knows the perils of iOS autocorrect, but there are ways to train a phone and even auto-fill commonly used phrases.
  • Will mortgage rates below 4% spur market? April 24, 2017
    How long will 4% rates last? It could lead skittish buyers to act sooner rather than later – or shop for slightly a bigger home than they could afford in Jan.
  • When will mortgage rates rise? What happens when they do? April 24, 2017
    At some point, mortgage rates will rise again. An economic analysis of earlier 100-basis-point mortgage-rate increases found that median home prices often take a hit because buyers can't afford their now-higher monthly payments.
  • Ins. agents: Citizens will be insuring more Fla. homes April 24, 2017
    Fla.'s insurers meet next week in Orlando, and a hot topic will be the growth of Fla.-owned Citizens because insurers stopped writing policies in some areas.
  • Do investors need landlord insurance? April 24, 2017
    Landlord insurance coverage varies based on location; but, in general, it will protect the house, apartment or condo being rented out against "covered perils."