Florida Real Estate

Mortgage Rates Inch Up | Florida Realtors

The average rate on a 30-year mortgage rose to 6.83% from 6.62% last week, while rates on 15-year mortgages increased to 6.03% from 5.82%. WASHINGTON — The average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers in the midst of the spring … Read more

What to Know About DIY Pest Control

NEW YORK — The rise of “homemade” or do-it-yourself pest control remedies has prompted many individuals to experiment with natural solutions in an effort to avoid harsh chemicals and save on costs. But before using or making your own pesticides, it’s essential to understand their potential risks, legal implications, and effectiveness. Here’s a look into … Read more

Florida Realtors: Do Not Abolish FREC

A bill to abolish the Florida Real Estate Commission passed its second House committee hearing Tuesday with opposition from Florida Realtors and other industries. TALLAHASSEE, Fla. – A second Florida House committee advanced House Bill 1461 on Tuesday which would eliminate nearly all boards and commissions that regulate professions under the Florida Department of Business … Read more

Sellers Enter Spring Market With High Hopes

A new Realtor.com survey finds potential sellers think it’s a good time to sell, with most expecting to get asking price despite mortgage rate concerns. AUSTIN, Texas — Sellers across the U.S. are optimistic heading into this year’s Best Time to Sell with 70% of potential sellers thinking it is a good time to sell, … Read more

RE Q&A: Can a Co-Op Board Require a New AC Unit?

A co-op board can stop maintaining a shared AC system if allowed by governing documents and approved by required votes, but actions must be reasonable. FORT LAUDERDALE, Fla. — Question: I live in a 16-unit co-op with a water-cooled AC that runs throughout the building. My unit and one other are still on the system. … Read more

Home Design Ideas for the Year Ahead

NEW YORK — If your home decorating tastes run more toward classic and timeless than the trendy, you may think you’ll find nothing of interest in the following design trends collected while talking with interior decorators, contractors and architects. But keep reading, because not only will you learn what these experts say are the hot … Read more

Boats Fuel Onshore Termite Spread

GAINESVILLE, Fla. — When you think of termites, you probably don’t imagine them aboard yachts, cabin cruisers, sailboats or other watercraft floating across oceans. A new study by a University of Florida scientist reveals that termites are not simply spreading through natural processes of building new colonies, suggesting humans may be helping them “conquer the … Read more

NAR Answers FAQs on New Listing Option

NAR provides clarity on its new Multiple Listing Options for Sellers policy, addressing seller flexibility, delayed marketing and more. WASHINGTON — The National Association of Realtors® shared additional information about its new Multiple Listing Options for Sellers policy, answering frequently asked questions about its impact on listings, brokerages and consumer choice. The information comes after … Read more

Florida Realtors Opposes Bill Abolishing FREC

A Florida House bill proposes eliminating the Florida Real Estate Commission. Florida Realtors raised concerns, citing risks to consumers and the industry. TALLAHASSEE, Fla. — A Florida House committee on Wednesday advanced House Bill 1461, which would eliminate nearly all boards and commissions that regulate professions under the Florida Department of Business and Professional Regulation (DBPR). … Read more

Report Urges Smart Sensors in High-Rises

Florida TaxWatch recommended lawmakers require sensors that detect fatigue, sinking, leaks and stress to help prevent disasters like Champlain Towers. TALLAHASSEE, Fla. — Lawmakers should mandate smart sensors in multi-story condominium buildings to help warn residents of potential structural failures, says a report by a Florida nonpartisan policy group released on Friday The report by … Read more