South Florida Real Estate

White House: $3.1B Effort on Veteran Homelessness

The plan includes more investments to help unhoused U.S. veterans find jobs, legal aid and other vital support services, according to the White House statement. WASHINGTON – The White House on Thursday announced new efforts to further reduce homelessness among veterans in the United States. The plan includes more than $3 billion in new investments … Read more

DOJ Targets Fla.’s Chinese Land Ownership Law

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Federal DOJ officials submitted a 22-page “statement of interest,” saying SB 264 “will cause serious harm to people simply because of their national origin.” TALLAHASSEE, Fla. – The U.S. Department of Justice (DOJ) is urging a federal judge to block a new Florida law that restricts people from China and six other countries from owning … Read more

DeSantis Signs Two RE Bills Into Law

Two Florida Realtors-backed bills – the rental housing bill (HB 1417) and local ordinance bill (SB 170) – clarify rental rules and ease some local regulations. TALLAHASSEE, Fla. – Gov. Ron DeSantis signed two of Florida Realtors® remaining legislative priorities into law on June 29: HB 1417 (Residential Tenancies) goes into effect on Saturday; SB … Read more

Take Steps for Summer Holiday Safety

Florida Realtors: Floridians who plan to celebrate Independence Day away from home should take precautions to protect their residences, like using a timer for lights. ORLANDO, Fla. – Have big plans for this July 4th? Many families across Florida and the nation will spend the Fourth of July holiday away from home, traveling to see … Read more

Law Will Impact Some Foreign-Buyer Purchases

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Florida Realtors lawyers spoke to 6K+ members during a July 29 webinar, saying a new law impacting some property sales to certain foreign buyers goes into effect July 1. Some details are not yet clear, but a new disclosure will appear in FR/Bar, CRSP and other contracts on Sat., July 1, and buyers must sign … Read more

NAR Study: Transportation Important to Buyers

The 2023 Community & Transportation Preferences Survey finds strong “walkability” demand: 4 out of 5 want an “easy walk” to parks, shops and public transport. WASHINGTON – The National Association of Realtors®’ (NAR) new once-every-three-year survey finds that Americans living in walkable communities report a higher quality of life. The 2023 Community & Transportation Preferences … Read more

Fla. Home to 50% of Top Want-to-Move-to Metros

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More buyers want to relocate – but fewer do thanks to a tight inventory of available homes. Phoenix is No. 1 but Fla. cities hold all spots from No. 3 to No. 7. SEATTLE – One in four U.S. homebuyers (25.4%) want to move to a different metro area, largely to escape high home prices … Read more

FHFA April Price Index Up 3.1% Year-to-Year

Month-to-month, prices rose 0.7% nationally – though it ranged from a price drop of 3.8% in the Pacific region to an increase of 6.1% in the East South Central region. WASHINGTON – U.S. house prices rose in April, up 0.7% from March, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price … Read more

Fla. Hit by Tsunami – But Not the Kind You Think

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A coastal flood watch or warning may really be a meteotsunami, such as one that hit Clearwater Beach last Wed. It’s caused by gusty ocean storms. CLEARWATER BEACH, Fla. – An unexpected culprit toppled beach chairs along the sand at normally calm Clearwater Beach, Florida, last Wednesday. West Coast surfers might snicker at the cause, … Read more

HUD Creates New Office for Manufactured Housing

HUD sees more manufactured housing as part of the nation’s affordable housing solution, and an independent office now reports directly to a top FHA official. WASHINGTON – The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing announced the creation of a new Office of Manufactured Housing Programs – an independent office reporting … Read more