5 Common Questions About FR/BAR Contracts

​Test your knowledge and learn more about the Florida Realtors/Florida Bar (“FR/BAR”) contract with this short quiz. 

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. 

U.S. Homes Hit Record for Extra Bedrooms

​The trend in increasing number of excess bedrooms is driven by both declining household sizes and by an increase in the number of bedrooms per home. 

Redfin: Buyers With Kids Get More Family Help

​One in four buyers with kids received family cash for down payments, compared to 12% of those without, highlighting higher housing costs for families. 

Existing-Home Sales Rise 4.8% in November

​NAR: Existing-home sales in the South rose 5.6% from October to an annual rate of 1.87 million in November, up 3.3% from one year before. 

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. 

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. 

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%. 

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. 

New Year, New Condo Rules

​ News & Media By Heather Rhodes ORLANDO, Fla. — A new year, another condominium law. We ring in this new year with a 2023 condominium law that created a future deadline for sales contracts entered into after December 31, 2024, to include new statutory language. Here’s what you need to know. The law Starting […]

Rent on New Apartment Rises 1.5% Nationally

​ SEATTLE — Asking rents for newly constructed apartments rose 1.5% – the biggest year-over-year increase in 18 months – to a median $1,802 in the third quarter, according to the real estate brokerage Redfin. The rise in rents came after two consecutive quarters where rents for new apartments fell by more than 7%. The […]

Decorative Touches for Festive Homes, Offices

​ NEW YORK — It’s easy to recognize the holiday season has arrived. Holiday-centric sights and sounds abound this time of year. In fact, the arrival of decorations in stores seemingly comes earlier and earlier each year, perhaps to accommodate people’s undying enthusiasm for the holiday season. Decorating a home or business for the holidays […]