Monday, December 16, 2019

Top Boomtowns in America - 2019 Edition - SmartAsset

Miami-South Florida Ranked 4th in America.
Lawmakers Urged to Stop Raiding Affordable Housing Money | Florida Realtors

The Florida Legislature has a habit of diverting money away from affordable housing programs.

Wednesday, November 27, 2019

Study: Lots of Listings Coming as Baby Boomers Age | Florida Realtors

Boomers own about 1/3 of all U.S. properties and 27% of them will sell their home within the next 20 years – but some metros will feel the impact more than others.

Thursday, November 21, 2019

Broward County Has New Affordable Housing Idea | Florida Realtors

The proposal also could affect overall rents in the county by creating an expanding supply of market-rate housing.

Sunday, November 17, 2019

Broward property values soar to highest level – Valliant News

The total taxable value of Broward real estate has hit a new record.
Fla.’s Housing Market Shows Positive Trends in Sept. | Florida Realtors

Florida’s housing market reported more closed sales, higher median prices and increased pending inventory.

Wednesday, September 25, 2019

Case-Shiller: Home Prices Rise at Slowest Pace in 7 Years | Florida Realtors

U.S. home prices rose in July from a year earlier by the smallest amount in seven years.

Monday, August 26, 2019

From Too Loose to Too Tight: Mortgage Market ‘Normal’ Again | Florida Realtors The mortgage lending industry contributed to the real estate bubble  of the mid 2000s by greatly loosening the standards when prices where too high, and then to the market crash by greatly reducing lending after the crash, when prices were very low and it was a fantastic and safe opportunity to buy. Let's hope they have learned from their mistakes.   
Fla.’s Closed and Pending Home Sales, Median Prices Up in July | Florida Realtors Statewide existing single-family sales up 10.4% year-over-year, median price up 5.1% to $268K; condo sales up 4.3%, median price up 4.4% to $188K.

Thursday, August 8, 2019

Wednesday, July 31, 2019

Case-Shiller: Home Prices Climbed Only 2.4% Year-to-Year | Florida Realtors U.S home prices rose at a slower pace in May, a sign that many would-be buyers are finding properties unaffordable.
June 2019 Existing-Home Sales: U.S. Housing market activity, sales of existing homes fell 2.2% from June 2018.

Tuesday, July 23, 2019

Americans Flocking to HOA Communities Like Never Before: In 2018, there were 840,000 new single-family homes completed, and 64% of those – about 535,000 – were part of a homeowners association (HOA).
Florida Housing Market Report: Sales & Median Prices Up in May | Florida Realtors May was “the highest single-family home sales’ monthly total for any single month in … 10 years," says Brad O'Connor, Florida Realtors chief economist.
Citizens insurance grapples with AOB lawsuits In assignment of benefits, property owners in need of repairs sign over benefits to contractors, who ultimately pursue payments from insurance companies. Insurers have complained for years that the process is riddled with fraud and excessive litigation and has driven up insurance premiums.

Tuesday, June 4, 2019

There are signs that a growing number of Americans who lost homes to foreclosure or a short sale during the housing crisis are emerging from their post-crisis bunkers and buying again or planning to do so in the near future.

Tuesday, May 28, 2019

Home insurance reform: A measure to curb the "Assignment of Benefits" abuse. There were roughly 1,300 AOB lawsuits statewide in 2000. That number climbed to more than 79,000 in 2013 and nearly 135,000 through Nov. 9, 2018, a 70% increase in just five years. 

Wednesday, May 15, 2019

Compared to one year ago, the first quarter of 2019 saw a reduced number of home sales, but an increase in prices.

Monday, April 15, 2019

Fla. House passes insurance bill addressing AOB

Property insurance reforms getting closer to becoming law.

Friday, April 12, 2019

Saturday, April 6, 2019

March 2019 Data: Affordability will continue to be a major hurdle for this spring’s entry-level home-buyers - Realtor.com Economic Research

U.S. median home prices and inventory up, South Florida median home prices down 1% from last year. 

Tuesday, April 2, 2019

Monday, April 1, 2019

Fla. House to consider high-profile property ins. bill

The House Judiciary Committee on Thursday voted 14-3 to revamp laws dealing with the insurance practice known as assignment of benefits (AOB), which the insurance industry contends is riddled with fraud and costly litigation.

Tuesday, March 12, 2019

Friday, March 1, 2019

11 Million Tax Filers to Face Property Tax Cap, Audit RevealsThe state and local tax deduction limits will largely impact homeowners in high-tax states, such as New Jersey, New York, and California.

Wednesday, February 27, 2019

Home prices up but at slower pace for 9th straight month

U.S. home price gains slowed for the ninth straight month.

Friday, February 22, 2019

January 2019 Existing-Home Sales NAR released a summary of national existing-home sales data showing that housing market activity fell for the third straight month and was down 1.2 percent from December 2018
Fla. Supreme Court takes up assignment-of-benefits case

Rising insurance costs have prompted laws to regulate this practice.

Tuesday, February 12, 2019

Too few new homes? Builders may have social media problem

Buyers of brand-new homes can complain about their builder online.

Monday, February 4, 2019

DeSantis proposes full funding for affordable housing

Florida Gov. Ron DeSantis proposed his $91.3 billion budget on Friday and wants all doc stamp money rolled into the State and Local Government Housing Trust Funds to be used for affordable housing – a move strongly backed by Florida Realtors in an earlier meeting with the governor's staff.

Friday, January 18, 2019