South Florida Real Estate

Florida Realtors’ Tim Weisheyer on Leadership

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

Fla.’s Nov. Housing: New Listings, Inventory Up

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

Shutdown Could Disrupt NFIP, Real Estate Deals

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

Mortgage Rates Rise, 30-Year Reaches November High

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

Federal Reserve Cuts Rate by Quarter-Point

The Fed cut rates for the third time in 2024 but signaled slower reductions ahead, citing persistent inflation and economic uncertainties. WASHINGTON — The Federal Reserve cut its key interest rate Wednesday by a quarter-point – its third cut this year – but also signaled that it expects to reduce rates more slowly next year … Read more

Code of Ethics and Arbitration 2025 Changes

The Code of Ethics has evolved with the industry for 100+ years. Here’s what’s new for 2025. Dear Shannon: I’m our board’s Professional Standards Administrator.  I know the Code of Ethics has been around for over 100 years, the Code of Ethics and Arbitration Manual (Manual) changes along with the industry and, if there are … Read more

Florida Sees Shift in Migration, Plans for Growth

Florida remains a top migration leader, though new trends show issues like housing costs and career pathways as areas to address for future growth. TALLAHASSEE, Fla. — Florida gained a net total of 126,000 residents from other states in 2023, marking the first major decline in net migration in a decade, the Florida Chamber Foundation … Read more

Organizing and Managing Business Expenses

NEW YORK — Business expenses are the ordinary and necessary costs required to run a business. Any money spent in the name of doing business can be categorized as a business expense. Every company incurs expenses in the course of doing business. Common examples of business expenses include the cost of goods and services, everyday … Read more

Minimum Wage Doesn’t Cover Rent in Any U.S. City

WASHINGTON — None of the country’s 50 largest housing markets offer affordable rent for workers who earn the federal minimum wage, says a new Clever Real Estate study. Buffalo, N.Y., has the most reasonable rent, although it takes 39% of a renter’s monthly income, far more than the commonly used 30% affordability threshold. Full-time workers … Read more

Florida Realtors’ Advocacy Drives Housing Options

The Hometown Heroes Housing Program helps Floridians achieve homeownership with zero-interest loans for down payments and closing costs. TALLAHASSEE, Fla. — Affordable housing remains a top concern nationwide, especially in Florida, where high interest rates, limited inventory and rising home prices have made the dream of homeownership a challenge for many. Recognizing this, Florida Realtors®, … Read more