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Category Archives: Florida Realtors

Florida Legislature: What Changed in Fla. Insurance Laws?

Florida RealtorsBy May 3, 2021

By the time negotiations ended and bills were passed, no interested party got everything they wanted under bills passed by the Florida Legislature, including the state’s attorneys, insurers or homeowners. But changes should help maintain a viable private insurance market in the state.

Suez Canal Blockage? Fla.’s Own Ended a 1925 Real Estate Boom

Florida RealtorsBy May 3, 2021

The rising cost of lumber shows the importance of supply chains. In 1925, a sunken ship blocked Miami’s port, leading to the end of a heated market that couldn’t keep up.

Agent Survey: Top Upgrades for Home Entertainment Areas

Florida RealtorsBy May 3, 2021

In the backyard, a fire pit/bench ranked first followed by upgraded lighting. In the kitchen, a bar area with seating led the list followed by a place “for gathering.”

Pandemic Boosted Importance of Neighbors and Community

Florida RealtorsBy May 3, 2021

The pandemic lockdown boosted the value of good neighbors and communities. Buyers today want a great house, but they also want it located in a great neighborhood.

‘Sales Tax Holiday’ Includes Other Discounts this Year

Florida RealtorsBy May 3, 2021

In addition to hurricane and school sales tax holidays, lawmakers added an entertainment one. Businesses can also get a tax credit up to $5M for some charity donations.

Jacksonville Is the Nation’s Top Metro for ‘Digital Nomads’

Florida RealtorsBy May 3, 2021

Where do I go if I can work anywhere? Jacksonville. A report found it a top destination, notably for young workers who love the outdoors and a reasonable cost of living.

Recovery Showing Momentum After Pandemic-Caused Recession

Florida RealtorsBy May 3, 2021

The economy grew 6.4% in 2021’s first quarter, and experts predict greater strength in the second quarter. A projected growth of 7% this year hasn’t been seen since 1984.

Can a Condo Charge Movers a Fee for Staff Time?

Florida RealtorsBy May 3, 2021

Fla.’s condo law, unlike HOA, does contain a strict cap on what can be charged. Also: What can a board do if a resident stops a banned practice only temporarily?

NAR: Record-High Home Prices and Sales Gains in March

Florida RealtorsBy April 22, 2021

Total existing U.S. home sales were up 12.3% year-over-year while median price was up 17.2%. However, existing home sales fell (-3.7%) in March compared to Feb.

U.S. Average Mortgage Rates Under 3% for First Time Since Feb.

Florida RealtorsBy April 22, 2021

The 30-year rate was 2.97% this week, down from 3.04% last week. Despite these low rates, many buyers are unable to purchase a home due to the shortage of inventory.

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