News Archive

A fresh state budget and two new Florida housing laws take effect July 1, advancing Florida Realtors legislative priorities tied to housing supply, affordability and local housing options. The changes inject new money into popular housing programs, make funds available for home hardening programs and update parts of the Live Local Act, among other things.

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Agents who chase new leads while neglecting follow-up are leaving business behind, according to real estate trainer Darryl Davis. He recommends auditing activities by what produces real conversations versus what only feels productive.

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Florida consumers grew more cautious as inflation concerns, household budget pressure and softer job conditions continued to shape expectations for the economy and major financial decisions.

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As tools evolve, communication, consistency and curiosity still help guide customers through complex and emotional decisions.

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A July 16 legal summit in Orlando will give Realtors a practical look at legal issues showing up in daily business, including AI, contracts, disclosures, FREC, lawsuits and complex transactions. The event offers 5 CE credits and is presented by Orlando Real Producers in partnership with Florida Realtors.

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Young adults living with parents are not out of the housing market – they are delayed by affordability. Realtors can help them compare rent, starter-home options, down payment programs and realistic timelines for buying.

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Borrowers with fair credit scores pay up to $192 more per month than those with excellent credit, a difference that compounds to $69,120 over the life of a 30-year loan.

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Homes that linger on the market for 18 weeks close 1.3 percentage points below asking, compared to 1.8 points above for those sold near week four, according to a Realtor.com analysis of national listing performance.

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A dispute over a late escrow deposit centered on one missing contract detail: The seller never named the escrow agent. This case shows how leaving an escrow agent listed as “TBD” can turn a simple deadline issue into years of litigation and attorney fees.

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FHA policy changes could give some buyers more flexibility on repairs, appraisals and financing, while keeping property condition, repair costs and lender timelines central to the transaction.

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