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Category Archives: Florida Realtors

Fla. Property Insurer Placed in Receivership

Florida RealtorsBy February 28, 2022

The Fla. Dept. of Financial Services is the receiver for St. Johns Insurance Co, which was declared insolvent. DFS hopes to move policies to Slide Insurance Co.

Some Condo Boards Refuse New Mortgage Questions

Florida RealtorsBy February 28, 2022

Fannie/Freddie’s new request for safety info created layers of confusion. Some boards won’t comply fearing lawsuits and banks won’t lend fearing rejection.

Aging Housing Stock Fuels Home-Improvement Boom

Florida RealtorsBy February 25, 2022

Lowe’s says same-store sales rose 5% in 4Q 2021, in part because the housing stock is aging and more frustrated buyers are opting for 30-plus year-old homes.

29 Mortgage Servicers Committed to Homeownership

Florida RealtorsBy February 25, 2022

Which mortgage servicers are consumer friendly? Fannie Mae provides feedback to companies and says 29 have shown a commitment to improving homeownership.

Fla. House Passes ‘Hometown Hero’ Amendment

Florida RealtorsBy February 25, 2022

The drive to offer an additional property tax break to people like teachers and the military now goes to the Senate. If approved, it will then be considered by Fla. voters.

1 of 5 iBuyer Homes Sold to Institutional Investors

Florida RealtorsBy February 25, 2022

A Bloomberg analysis of 100K property records found that big investors bought 20% of homes purchased by iBuyers – and twice that amount in some Sun Belt cities.

Treat Top Tool with Respect: Your Phone

Florida RealtorsBy February 25, 2022

Today’s phones are the most expensive tool that people take for granted, yet there are small changes you can make to maximize efficiency and extend their life.

NAR: Jan. Pending Home Sales Drop 5.7%

Florida RealtorsBy February 25, 2022

Buyers have difficulty finding a home, says NAR’s chief economist. He won’t be surprised to see demand decline given current “mortgages, home costs and inventory.”

Fla. Builders Can’t Keep Up with New-Home Demand

Florida RealtorsBy February 24, 2022

Some buyers camp out overnight to be first in line when a new-home development debuts, and a new Westlake community with 4,500 lots says it’s still not enough.

Housing Test: Is it Harder on Buyers or Renters?

Florida RealtorsBy February 24, 2022

A CoStar analysis found rising rents across the Sun Belt with Orlando topping the list (up 24.3%), followed closely by Tampa (up 24%).

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