Florida Realtors® News
- Business Rent Tax Reduction Set for June April 15, 2024A cut in the state’s commercial lease sales tax, from 4.5% to 2.0%, will begin on June 1, weeks earlier than originally expected.amyc
- The Basics of Home Flipping April 15, 2024Potential flippers should understand the process of home flipping before jumping in. Some of the common unknowns include the tax benefits.amyc
- New Foreign Buyer Rules for Ag Land Take Effect April 15, 2024The Florida Department of Agriculture’s finalized rules regarding foreign-buyer registration for agricultural property ownership took effect April 4.amyc
- Should Homebuyers Wait for Lower Mortgage Rates? April 15, 2024Today’s average rate on a 30-year home loan is just under 7%, not far from the historical average. Still, some homebuyers say they’re waiting for rates to drop.amyc
- Prices Top Location in Dream Home Purchase April 15, 2024A national survey showed 39% of consumers plan to move, and Florida is among the top destinations. About 13% prefer ranch-style homes.amyc
- Builder Sentiment Unchanged in April April 15, 2024The April NAHB/Wells Fargo HMI survey showed that 22% of builders cut home prices in April, down from 24% in March and 36% in December 2023.amyc
- What is PITI in a Mortgage Payment April 12, 2024Many new homeowners don’t realize the monthly payments on fixed-rate mortgages can go up and down depending on PITI – principal, interest, taxes and insurance.amyc
- Property Insurer to Trim Rates April 12, 2024Clint Strauch, president of Florida Peninsula Insurance, says the 2% average rate decrease shows the property insurance market is stabilizing.amyc
- Realtor Magazine Shares Proposed Settlement Facts April 12, 2024Read a special digital supplement of Realtor Magazine with important content that dispels misinformation and myths about the proposed settlement.amyc
- Preparing Your Business for a Flood April 12, 2024All businesses – big and small – should have a flood plan as part of their financial plan. Preparation is one way to ensure your company will survive.amyc