South Florida Real Estate

Need to Have a Difficult Conversation? Use SunStats

Florida Realtors economist: Maybe a seller wants to overprice their home? A buyer insists on low bids? Statistics can help you focus on facts rather than falling prey to emotions. ORLANDO, Fla. – There’s no doubt: Today’s real estate market bears little resemblance to the one from 2021-2022. High sales prices plus high interest rates … Read more

Want to Sell Luxury Housing? Act Rich

Galleria International Realty Thumbnail Image

People “used to the best” in everyday life expect top-shelf home marketing and cutting-edge websites – the type of style that aligns with their day-to-day existence. NEW YORK – Want to sell luxury real estate? Think like you’re rich. Luxury real estate agents should understand and adapt to their affluent clientele’s mindset in order to … Read more

NAR: 48% of Realtors Say Staging Helps

When it comes to staging a listing, sellers’ agents are divided over the benefits. NAR’s 2023 staging report found only 1 in 5 agents said it increased a home’s value. WASHINGTON – Home staging helps buyers envision life inside a listing, but how much does it help the seller? According to a report from the … Read more

Feds to Look at Small-Biz Lending Bias

Galleria International Realty Thumbnail Image

Banks have tracked data such as race and geography for decades on residential loans, and they’ll soon do it for small biz loans to identify any discrimination bias. NEW YORK (AP) – Banks will need to start reporting the demographics and income of small business loan applicants under new rules published by the Consumer Financial … Read more

Ian Survivors with United Ins. Given More Time

Citizens Ins.: Homeowners with Hurricane Ian damage have 90 more days to submit a claim if they were originally covered by now-closed United Property & Casualty. TALLAHASSEE, Fla. – United Property & Casualty (UPC) customers lost coverage when the company went out of business, with many turning to Citizens Property Insurance Corporation – the state … Read more

April is Fair Housing Month

Galleria International Realty Thumbnail Image

The Fair Housing Act was signed into law 55 years ago this month – 56 years ago, it was legal to redline races and tell protected classes where they could/could not live. WASHINGTON – The month of April is Fair Housing Month, a yearly celebration that same month Pres. Lyndon Johnson signed the Fair Housing … Read more

Why am I in Violation if Everybody Does It?

Dear Shannon: A listing broker allowed a buyer to tour a vacant property they listed for the seller who was out of town. It’s a common practice, everybody does it, and the potential buyer did no harm. Why is this a violation?   ORLANDO, Fla. – Dear Shannon: I’m a listing broker who took a … Read more

GARD 2023: Realtors Take over Tally, Talk Issues

Galleria International Realty Thumbnail Image

1,000-plus Realtors traveled to Tallahassee this week and talked to lawmakers about Fla. issues, such as affordable housing, water quality, insurance and more. TALLAHASSEE, Fla. – More than a thousand Realtors® descended upon Florida’s capital March 29-31 to be a part of the legislative process and make their voices heard on issues that matter to … Read more

DeSantis Signs ‘Live Local Act’ Into Law

Gov. DeSantis signed SB 102, the broad-based pro-housing bill backed by Florida Realtors, into law on Wed. It “does so many amazing things,” says Pres. Mike McGraw. NAPLES, Fla. – Gov. Ron DeSantis signed Senate Bill 102, known as the “Live Local Act,” on Wednesday morning. The bill creates a comprehensive, statewide workforce housing strategy … Read more

Supreme Court Will Hear Disability Activist Lawsuit

The U.S. Supreme Court will consider whether a Fla. woman who filed over 600 lawsuits against hotels has “standing” to sue since she never planned to visit them. WASHINGTON (AP) – The Supreme Court will decide whether a disabled activist can file disability rights lawsuits against hotels she doesn’t intend to visit. The high court … Read more