Effective Oct. 1, 2025, the state requires updated flood disclosures for home sales and rentals, including all flooding and repair assistance received.
Costs for home repairs and remodeling rose 3.4% year-over-year in Q2, driven mainly by labor costs, surpassing overall inflation.
The forms reflect recent law and policy changes, including expanded flood disclosures and adjustments to NAR’s Multiple Listing Options for Sellers.
Recurring condo water damage from common elements, such as an association-maintained AC, may make the association liable. Document damage and act quickly.
The state’s Business Rent Tax has officially been repealed after decades of advocacy by Florida Realtors, saving commercial tenants $2.5 billion annually.
Expert Michael Nizich advises using strong passwords, multifactor authentication, credit locks and password managers to avoid scams and safeguard your information.
Contract signings went up on lower mortgage rates nationwide. In the South, they rose 3.1% in August and were up 4.2% compared a year ago.
Real estate professionals who adapt social media strategies and combine them with personal outreach maintain steady leads despite market shifts.
NAR identified eight programs that could be affected if Congress misses the Sept. 30 deadline, including home loans, flood insurance and housing services.
Mortgage rates rose last week despite the interest rate cut, but experts remain optimistic as more inventory and strong markets could boost home sales soon.
