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
Flood insurance bill moving forward in Congress
A deal isn’t close, but the House had a hearing Monday on a compromise bill that could break a months-long deadlock over the National Flood Insurance Program. Source: Florida Realtors
Scam alert: Man posing as client robs Orlando Realtor, others
The Realtor says a homebuyer posing as a military officer ended up stealing cash and credit cards – a tactic that appears he also used in other states. Source: Florida Realtors
How would tax plan alter mortgage interest deduction?
Analysis: A buyer paying at least $305,000 today still qualifies for the deduction, but only homes worth $801,000 or more would under latest Trump tax proposal. Source: Florida Realtors
With flood ins., what does 'substantial damage' mean?
In the national flood program (NFIP), “substantial damage” means that repair costs for a home in a Special Flood Hazard Area are at least 50% of its market value. Source: Florida Realtors
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