Under emergency rules, the owner of a Fla. business must report pollution “contamination” within 24 hours – but specific regulations could change Dec. 25 and again after the 2017 Florida Legislature considers the issue. Source: Florida Realtors
Realtor.com: Expect busier months ahead
Low inventory will create problems, but the housing market outperformed the economy in the first half of the year, and it will probably continue to do the same. Source: Florida Realtors
Short-term rentals come with risks and rewards
First thing: It’s critical to understand the legal, zoning and tax rules about owning a short-term rental, considered any property rented for less than 30 days. Source: Florida Realtors
The top 10 things you should know about 2017
Issues to expect, according to experts at NAR’s trends forum: Housing affordability, population changes and online retailers’ impact on brick-and-mortar stores. Source: Florida Realtors
NAR's 2017 residential real estate forecast
More millennials in their prime home buying years, rising household formation and continued job gains are expected to boost housing next year. Source: Florida Realtors
Distressed home sales hit nine-year low in 3Q
ATTOM: Cash sales also logged a nine-year low. But Fla. ranks high in year-over-year median sale price increases, distressed sales and the number of cash buyers. Source: Florida Realtors
Survey: Rising prices entice likely sellers to wait
Home seller conundrum: Move-up buyers want to jump into the market now before prices go up, but they also want to wait and get top dollar for their current home. Source: Florida Realtors
Which websites have the fairest agent-rating system?
The Pa. Association of Realtors looked at nine websites that rate real estate agents, and found nine different rating systems with varying degrees of accuracy. Source: Florida Realtors
First-time buyers, single women get traction in 2016
NAR’s 2016 buyer-seller survey found that FSBO transactions hit at an all-time low, almost 90% of buyers and sellers worked with a real estate agent, and the share of first-time buyers ticked up to 35%. Source: Florida Realtors
HUD sets FHA requirements for condo financing
If a condo buyer wants FHA funding in a low-occupancy complex, the developer must show higher reserves, few dues in arrears and proof of its long-term stability. Source: Florida Realtors
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