For older boomers, pinochle, shuffleboard and early-bird specials are out. Yoga, happy hours, computer classes, potluck dinners and high-rise buildings are in. Source: Florida Realtors
New rules make it easier to become a real estate appraiser
The Appraisal Foundation reduced the mandated number of college hours and job training to become an appraiser in a bid to attract more people to the profession. Source: Florida Realtors
Rent increases more slowly, easing strain on Americans
Apartment rent increases slowed more in 1Q 2018. Combined with faster wage growth, the trend may ease some financial stress for low and middle-income households. Source: Florida Realtors
Housing advocates sue Facebook, allege discrimination
Advocates said Facebook allows landlords and real estate brokers to illegally discriminate if they nix protected classes when selecting an audience for their ads. Source: Florida Realtors
U.S home prices post 6.2% annual gain in Jan.
SandP CoreLogic Case-Shiller: The home price surge continues with values pushed higher by a shortage of homes for sale. Source: Florida Realtors
Gov. Scott signs HOA, real property and trust fund bills
One bill changes some of the rules condo associations must follow. After July 1, for example, they can’t prohibit owners from installing vehicle charging stations. It also touches on financial reporting, voting on common elements and more. Source: Florida Realtors
Gov. Scott signs real estate-related bills into law
New laws will change the way Fla. regulates and defines “mortgage lenders,” boosts flood ins. warnings, and adjusts rules for HOA covenants and restrictions. Source: Florida Realtors
Report: Fla. building codes thwarted hurricane damage
Fla.’s building codes top all other states, according to a report that found the state’s newer construction was better able to withstand Hurricane Irma damage. Source: Florida Realtors
Economist calls home construction 'vastly inadequate'
NAR Chief Economist Lawrence Yun calls home construction “the key to economic prosperity” but sounds an alarm because numbers are moving in the wrong direction. Source: Florida Realtors
Big question for Fed: 3 or 4 interest rate hikes this year?
The Fed meets again this week to consider hiking interest rates, which directly impact short-term mortgage rates and, indirectly, fixed-rate loans. Source: Florida Realtors
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