Florida Realtors® News
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Mortgage Rates Climb for Fourth Straight Week
The average rate on a 30-year mortgage rose to 7.17% from 7.1% last week. Costs on 15-year fixed-rate mortgages rose this week to 6.44% from 6.39%.
DeSantis Approves Boost for Home Grant Program
The My Safe Florida Home home-hardening grant program will be expanded to include condos. It was a Florida Realtors? priority for the 2024 legislative session.
FTC Issues Final Rule Banning Non-Competes
The FTC?s rule will be effective beginning in mid-August. NAR is currently reviewing the rule and its impact and will provide updates.
Protecting Your Business From Cyberthreats
Some preventative measures against ransomware attacks include offsite backups, security training, frequent system updates and firewalls.
Existing-Home Sales Down 4.3% in March
Properties typically remained on the market for 33 days in March, down from 38 days in February but up from 29 days in March 2023.
Sustainable Spaces: The Kitchen
From induction ranges to faucet aerators, there are many ways to boost a kitchen?s sustainability score and make it more environmentally friendly.
Preliminary Approval of NAR Settlement Granted
MLSs and brokerages seeking to be released under the settlement agreement must act by June 18, NAR said.
DeSantis Signs Red Tide Mitigation Expansion
The measure provides funding to curb algae blooms, which have far-reaching economic implications across the state. Red tide also causes respiratory problems and fish kills.
Study: All-Cash Buyers Pay 10% Less
A new study shows sellers would rather leave money on the table and accept an all-cash sale than risk losing the sale completely because the mortgage falls through.
New Home Sales Post Solid Gains in March
Sales of newly built single-family homes rose 8.8% in March compared to Feb., and also increased 8.3% from a year earlier.
Cyberattacks Against Small Businesses on the Rise
Small businesses should have plans in place to prevent cyberattacks, including ensuring employees use two-factor identification.
Interior Design Through the Decades
Over the years, interior home designs have reflected personal styles and events of each era. Many design trends make comebacks multiple times.
Poll: Americans Surprised by Moving Costs
The median cost for a move was about $2,000, and many of the people surveyed said they didn?t budget for it. Experts say to shop around for the best prices.
DeSantis Backs Everglades Funding in Budget
The budget items include funding for water quality improvements and Everglades restoration and was a Florida Realtors? priority for the 2024 session.
