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Category Archives: Florida Realtors

U.S. Consumer Confidence Drops a Bit in Jan.

Florida RealtorsBy January 25, 2022

Consumers’ current attitudes rose even as future expectations fell. Still, the gauge of people planning to buy a home within the next six months also went up.

Case-Shiller Price Increases: 2 Fla. Cities Top List

Florida RealtorsBy January 25, 2022

Nationwide, home prices rose 18.8% in Nov., and the S&P CoreLogic Case-Shiller index finds Tampa (up 29%) and Miami (up 26.6%) in 2 of the top 3 spots.

Fla. May Spend $400M on Rural-Area Broadband

Florida RealtorsBy January 25, 2022

It’s hard to work remotely with slow internet speeds, and the $400M in fed money could expand housing options to Fla.’s 21.2% of rural areas without broadband.

Number of Homes a Buyer Views Hits Record Low

Florida RealtorsBy January 24, 2022

In 2021, the average homebuyer viewed a median of eight homes before making an offer – and three of those showings were done virtually online.

Condo Collapse Legal Costs May Hit $100M

Florida RealtorsBy January 24, 2022

On Fri., the judge urged all sides in the Surfside condo disaster to work together to reach settlements before legal costs become a ponderous burden.

Loans for Condos? New Rules Start to Have an Effect

Florida RealtorsBy January 24, 2022

Fannie’s tighter loan requirements post-Surfside collapse started Jan. 1; Freddie’s start Feb. 28. In the meantime, the list of no-loan condo projects will likely keep growing.

Study: More Minority Fla. Buyers Denied Loans

Florida RealtorsBy January 24, 2022

Of all Fla. mortgage rejections in 2020, 21.8% were Black, second only to American Indian/Alaska Native. Nationwide, the denial rate is 84% higher for Blacks.

The IRS Wants (Requires) Your Photo?

Florida RealtorsBy January 24, 2022

Americans won’t need identification for basic tax services via the IRS website, but for some functions, such as a childcare tax credit, they must register with ID.me.

New Construction? S. Fla. Is Almost Out of Land

Florida RealtorsBy January 24, 2022

A South Florida Sun Sentinel study found that less than 1% of vacant land can be developed in Broward and Palm Beach counties – mainly scattered individual lots.

Single-Family Rents See Record Growth

Florida RealtorsBy January 21, 2022

U.S. rent grew 11.5% year-to-year, according to a CoreLogic index, with the Miami metro area leading the nation at 33%, and the Orlando area No. 5 at 15.9%.

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