Nat’l flood insurance expires Fri. and renewal could be tedious. Other issues are involved, and there’s talk of extending it multiple times for only two weeks. Source: Florida Realtors
NAR says Senate tax package 'bad news for homeowners'
The Senate version must now be reconciled with the House version. NAR says the package nullifies ownership savings and will lower home values more than 10%. Source: Florida Realtors
FREC close to creating team advertising rules
On Wed., Dec. 20, the Florida Real Estate Commission (FREC) will discuss – and perhaps approve – new team-advertising rules for Fla. licensees during its monthly meeting. The latest version of the proposed rule is posted on Source: Florida Realtors
2018 forecast: Higher inventory and slower price gains
Realtor.com predicts buyers will gain a foothold in the market next year. It ranks the Daytona Beach area No. 3 nationwide for expected overall price and sales growth, and it ranks all Fla. metros in at least the top third for expected market growth. Source: Florida Realtors
What will happen to Dodd-Frank rule enforcement?
The CFPB has issued real estate consumer rules more than once, but its future is now unclear as the current director steps down amid a fight for his replacement. Source: Florida Realtors
Flood insurance splits Congress as Dec. 8 expiration looms
Lawmakers focused on flood insurance and moved closer to agreement, but as time draws down, more observers expect another delay rather than major policy changes. Source: Florida Realtors
7 habits of highly effective real estate agents
Some of the seven habits of highly effective real estate pros include expanding their network, staying top-of-mind with leads and generating referrals. Source: Florida Realtors
Escrow scams have grown by $950M in 2017
Technology has made real estate transactions quicker and more vulnerable to hackers and escrow scams. Tech security training, policies can help reduce the risks. Source: Florida Realtors
Mortgage rates hit 3.95% – a four-month high
Last week the 30-year fixed-rate averaged 3.90%. One year ago, it was virtually the same rate as today when it averaged 3.94%. Source: Florida Realtors
To avoid taxes, you can't sell your home for five years
What if you couldn’t afford to sell a home for at least five years? That rule – part of current tax reform efforts – could change the way homeowners behave. Source: Florida Realtors
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