South Florida Real Estate Archives - Page 10 of 109

Hurricane Helene Resources: What You Need Now

Member resources include property insurance information, housing help, legal support and financial aid for those in need. ORLANDO, Fla. – Florida Realtors® is encouraging its members to take advantage of the valuable resources available for crucial cleanup and recovery efforts as Hurricane Helene continues to impact the state. Links to /tools-research/hurricane-resources/helene-recovery-assistance-realtors-resources We have gathered resources … Read more

Hurricane Helene: Disaster Relief Fund Now Open

The storm is expected to make landfall on Thursday evening and could intensify to a strong Category 3. More than a dozen counties are under evacuation orders. ORLANDO, Fla. – Florida Realtors® opened applications for its Disaster Relief Fund (DRF) as Hurricane Helene gains strength in the Gulf of Mexico with the potential to hit … Read more

Florida Prepares for Storm Impacts

Florida Realtors has resources for members before and after a storm, including our printable hurricane prep plan and the Disaster Relief Fund. TALLAHASSEE, Fla. – Gov. Ron DeSantis declared a state of emergency in 61 of Florida’s 67 counties ahead of a tropical system moving through the Gulf of Mexico that’s expected to become Hurricane … Read more

Some Millionaires Opting to Rent

Even though millionaires have more options than average American buyers, many see renting as a better investment for now. NEW YORK – Across the United States, the number of millionaire renters is increasing because, they say, the high-quality, reasonably priced homes are hard to find. According to census data analyzed by The Wall Street … Read more

Attracting Tenants With Technology | Florida Realtors

Renters are looking for luxury living with convenience and safety. Some new tech devices and home features fit the bill. CHICAGO – Many real estate agents have a portfolio of investment clients that they help. Whether it’s managing an investment portfolio for a client and ensuring their properties are rented out and taken care of … Read more

Forms, Consumer Guides Available in Spanish

ORLANDO, Fla. – Florida Realtors® released six forms translated into Spanish to help Spanish-speaking buyers better understand the recent practice changes, providing Realtors® with additional resources to further build customer trust. Links to /law-ethics/nar-settlement-sitzer-burnett-lawsuit The resources you need to do business in the post-NAR settlement real estate industry. Learn more ► The forms are only … Read more

Fannie Mae: Existing Sales May Hit 30-Year Low

Analysts say many borrowers are waiting for affordability to improve and mortgage rates to decline. They anticipate rates will average 5.7% by late 2025. WASHINGTON – Despite a significant decline in mortgage rates and improved supply in some parts of the country, existing home sales are not expected to pick up meaningfully through the remainder … Read more

Average 30-Year Mortgage Rate Falls to 6.09%

The average long-term rate fell to 6.09% from 6.20% last week and 7.19% a year ago, Freddie Mac said. Borrowing costs on 15-year fixed-rate mortgages fell to 5.15%. WASHINGTON – The average rate on a 30-year mortgage in the U.S. edged closer to 6% this week to its lowest level since early February 2023. The … Read more

Fed Makes Aggressive Half Point Cut

NEW YORK – The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses. On Wednesday, the Fed announced that it reduced its key rate by an unusually large half-percentage point, to between 4.75 and 5%, … Read more

Fla. Has Highest New Housing in Floodplains Rate

UM research: 21% of all new housing built in Fla. over past 20 years are in floodplains, which raises flooding concerns. But that figure is actually less than expected. MIAMI – A nationwide analysis of community-level floodplain development found that over two-million acres of floodplain were developed over the past two decades across the United … Read more

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