The finalized rule requires mortgage disclosures for PACE loans, aiming to protect homeowners from costly, unaffordable financing for clean energy upgrades. WASHINGTON — Homeowners with Property Assessed Clean Energy (PACE) loans have the right to receive standard mortgage disclosures that allow them to compare the cost of the PACE loan with other forms of financing, … Read more
Florida Realtors is deeply saddened to announce 2002 Florida Realtors President Maurice J. “Moe” Veissi died. He was 78. ORLANDO, Fla. — With a heavy heart, we announce the recent passing of 2002 Florida Realtors® President Maurice J. “Moe” Veissi, 78, founder and broker-owner of Veissi & Associates Inc. in Miami. Often affectionately referred to … Read more
Test your knowledge and learn more about the Florida Realtors/Florida Bar (“FR/BAR”) contract with this short quiz. ORLANDO, Fla. — Here’s a short quiz to test your contract knowledge. Following are a few common questions we get about the FR/BAR contract on the Florida Realtors® Legal Hotline. Any contract language cited below comes from the most … Read more
One in four buyers with kids received family cash for down payments, compared to 12% of those without, highlighting higher housing costs for families. SEATTLE — One-quarter (25%) of recent homebuyers who have kids living at home received a cash gift from family to help fund their down payment, more than double the 12% of … Read more
NAR: Existing-home sales in the South rose 5.6% from October to an annual rate of 1.87 million in November, up 3.3% from one year before. WASHINGTON — Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – improved 4.8% from October to a seasonally adjusted annual rate of 4.15 million … Read more
The trend in increasing number of excess bedrooms is driven by both declining household sizes and by an increase in the number of bedrooms per home. SANTA CLARA, Calif. — Although your home might feel tight this holiday season, nationally, the number of extra bedrooms, defined as a bedroom that is in excess of the … Read more
Incoming Florida Realtors President Weisheyer said his career has been shaped by a focus on making a positive impact, among other key leadership principles. ORLANDO, Fla. — Tim Weisheyer, 2025 Florida Realtors® president and CEO of Dream Builders Realty and dbrCommercial Real Estate Services in Central Florida, spoke to RealTrending podcast host Tracey Velt about … Read more
Florida Realtors Chief Economist: Nov. saw a post-hurricane rebound for new listings, new pending sales. New listings, single-family up 7.2%; condos, up 5.4%. ORLANDO, Fla. — In November, Florida’s housing market had more new listings and higher inventory levels (active listings) compared to a year ago, while statewide median sales prices continued to ease, according to … Read more
A government shutdown may pause NFIP renewals, FHA loans and other real estate activity. NAR called on Congress to prevent the disruption. WASHINGTON – The potential partial government shutdown would impact the Federal Housing Administration (FHA), National Flood Insurance Program (NFIP), mortgages and other industries related to the real estate industry. The National Association of … Read more
The average rate on 30-year mortgages rose to 6.72% from 6.6%. Borrowing costs on 15-year fixed-rate mortgages rose to 5.92% from 5.84% last week. WASHINGTON — The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since late November, reflecting a recent uptick in the bond yields that … Read more
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