Faced with pressure from the real estate industry, the Federal Housing Finance Agency (FHFA) announced that it will delay a loan finance fee charged to homeowners who refinance their current loan.

July’s pending home sales were up again, according to the National Association of Realtors® (NAR) monthly index.

The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will extend moratoriums on single-family foreclosures and real estate owned (REO) evictions until at least Dec. 31, 2020.

The Palm Beach County Community Services Department has plans to temporarily suspend rental and utility assistance applications. Applications must be submitted by 11:59 p.m. on Aug. 31 in order to be processed.

Qualified residents impacted by COVID-19 will soon be able to apply online for rental assistance, thanks to the Broward County Commission. Funds can help qualified residents pay unpaid rents.

“The housing market is well past the recovery phase and now booming,” says NAR. And current owners seeking larger homes will “drive demand even into 2021.”

Florida Realtors®’ data: July saw more sales, higher median prices, more new pending sales and more new listings year-over-year. Single-family sales rose 11.7%; condo sales were up 6.5% – “the 1st year-over-year increase in this category since March,” says Chief Economist O’Connor.

Palm Beach County has issued Emergency Orders reopening short term vacation rentals and extending facial coverings.

Just in! Newly released market reports from Florida Realtors® detailing recent real estate activity in St. Lucie County. The reports compare year-over-year data for July. Here are statistics on single family homes.

Just in! Newly released market reports from Florida Realtors® detailing recent real estate activity in Martin County. The reports compare year-over-year data for July. Here are statistics on single family homes.

Just in! Newly released market reports from Florida Realtors® detailing recent real estate activity in the Palm Beaches. The reports compare year-over-year data for July. Here are statistics on single family homes.

Just in! Newly released market reports from Florida Realtors® detailing recent real estate activity in Broward County. The reports compare year-over-year data for July. Here are statistics on single family homes.

Broward County issues new provisions for short term vacation rentals, restaurants, and more with Emergency Order 20-24.

For weeks, our industry has been aggressively working to address the demand letters being sent by the Portell Law Group to Realtors® alleging that their websites violate the Fair Housing Act. Florida Realtors® immediately escalated this issue to the National Association of Realtors® (NAR) and worked with NAR to respond to these allegations. The result is the response below formally questioning these claims.

Palm Beach County Department of Housing and Economic Sustainability hereby announces its 2nd round of funding availability in CARES Act funds for temporary relief to homeowners.

Technology is also one of the biggest buzz words in real estate right now. Stefan takes 5 minutes to share his forecast & what to look out for.

The latest eviction/foreclosure ban by Gov. DeSantis changed a bit. In general, it limits the ban’s scope of protection to people financially harmed by the pandemic.

The real estate market is better than before the pandemic, according to realtor.com’s weekly index, as a third Fla. metro area rose into positive territory.

There’s never been a better time to sell a home. Fla. had only a 2.8-months’ supply of single-family homes in the second quarter – the lowest amount since at least 2008. Economists generally consider a six-month supply to be balanced between buyers and sellers.

In earlier times, a pandemic + recession would have slowed the market, but today’s unique circumstances seem to have sparked an even stronger demand for homeownership.