Space Coast Association of REATLORS® Blogs

Florida Realtors Public Policy Report April 19, 2024

By Kymberly Franklin posted 9 hours ago
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Public Policy Update Quick reminder that we still have our Call for Action ongoing regarding the veto of SB 280 – Vacation Rentals. This is the bill that passed this session that, if signed, would have a long-lasting, detrimental impact on the state’s tourism industry and would completely trample the rights of thousands upon thousands of property owners in the state. Governor DeSantis hasn’t received the bill yet, but it’s important that we keep the emails coming into his office so that when he does, he can’t get that veto pen out fast enough. So please, if you have not already taken action and emailed him, please do so by going here . It’s a ...
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Member Benefits: Real Marketing and Blue Attic Posts

By Kymberly Franklin posted 10 hours ago
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Two of the many Member Benefits the Space Coast Association of Realtors offers its Members is the Real Marketing E-blast and Blue Attic Posts. These are very popular benefits! Market your business to our Association Members in real time forum with the Eblasts or sell items (like a Facebook Marketplace) on the Blue Attic forum. 2 (two) FREE E-Blast posts a month and Unlimited Blue Attic posts! Real Marketing is B usiness related. (pertains to your membership specialty, realtor, photographer, home staging etc.) Blue Attic is Selling/Buying Stuff. (Like a Realtor Craigslist/Marketplace) ...
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Trademark Use on Social Media

By Kymberly Franklin posted 2 days ago
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Trademark Use on Social Media These resources can help address complaints about the misuse of the REALTOR® marks on the Internet, specifically for usernames on social media sites such as Twitter and Facebook. Social Media Trademark FAQs explains the use of the REALTOR® trademark and logo across social media. What's Your Username? educates members on the proper use of the REALTOR® marks in usernames on social media. Associations can include the article on websites, newsletters, or other publications. Video: Maintaining the REALTOR® Brand for the Next 100 Years reviews important rules so members and associations are using the REALTOR® marks ...
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Existing-Home Sales Descended 4.3% in March

By Kymberly Franklin posted 2 days ago
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Existing-Home Sales Descended 4.3% in March Full article here Key Highlights Existing-home sales retreated 4.3% in March to a seasonally adjusted annual rate of 4.19 million. Sales fell 3.7% from the previous year. The median existing-home sales price rose 4.8% from March 2023 to $393,500 – the ninth consecutive month of year-over-year price gains and the highest price ever for the month of March. The inventory of unsold existing homes grew 4.7% from one month ago to 1.11 million at the end of March, or the equivalent of 3.2 months' supply at the current monthly sales pace. See and share this ...
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Brevard County Housing Statistics March 2024

By Kymberly Franklin posted 2 days ago
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Palm Shores, FL -- March 2024 Brevard County housing statistics report for Single-Family homes and Townhouses/Condos provided by Space Coast Association of REALTORS®, the voice for real estate in Brevard County. You will find monthly, quarterly, and yearly reports of Brevard County Sales, detailed by Single Family Homes and Townhouses/Condos, on our website. In addition, there are Yearly Distressed Market Summaries for both types of properties. A quick recap of the Brevard County Residential Report for March 2024: Closed Sales are down -9.7% for March 2024 in which the number of units closed was 931 compared to 1,031 in March 2023, with ...
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What's Hot In Commercial Real Estate

By Kymberly Franklin posted 7 days ago
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What's Hot In Commercial Real Estate Goodwin Procter, one of the largest law firms in the world, said commercial real estate is ready to rebound. Rate cuts will boost real estate development. WASHINGTON – AI, operational real estate and office conversions are among the commercial real estate trends grabbing Goodwin's attention ahead of our annual Real Estate Capital Markets (RECM) conference. Brighter days could be coming for the commercial real estate industry after a cooldown in recent years. Private real estate investment funds remain highly attractive to investors globally, with 39% of them intending to put more money into private real ...
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April is Fair Housing Month check out the Fair Housing Month Toolkit

By Kymberly Franklin posted 9 days ago
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Fair Housing Month Toolkit Fair Housing Month signifies a recommitment to advancing equitable opportunities and expanding homeownership. Download the following resources listed below to help state and local associations commemorate Fair Housing Month: 2024 Fair Housing Month Poster Website Primary Image Social Media Graphics Social Media Cover Images X (formerly known as Twitter) Posts Digital Banner Ads Email Graphics Photofy Social Assets Fair Housing Month Proclamation Fair Housing Activities ...
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Your NEWEST MEMBER BENEFIT IS LIVE! Down Payment Resource

By Kymberly Franklin posted 10 days ago
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At Space Coast Association of REALTORS, we're committed to providing our members with the best tools and resources to help them succeed in their careers. That's why we're thrilled to introduce our latest member benefit: Down Payment Resource. With Down Payment Resource, you now have access to a powerful tool that can help your clients overcome the biggest hurdle to homeownership: the down payment. This innovative platform helps you identify all available down payment assistance programs in your area, so you can provide your clients with a comprehensive list of options that can help them save money and achieve their homeownership dreams. And ...
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Congratulations on Your Retirement, Annette Richard, Membership Director Space Coast Assoc. of REALTORS

By Kymberly Franklin posted 10 days ago
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We invite you to join us in celebrating the remarkable career of our Membership Director, Annette Richard, as she embarks on a well-deserved retirement. Annette's journey with us began 37 years ago in the membership department, and her dedication and hard work led her to take on the role of MLS director shortly after. Over the years, Annette successfully managed both the reception and MLS departments simultaneously before transitioning back to the membership department and also taking on the responsibilities of the billing department. Annette's impact was truly felt in the membership department, where she oversaw the growth of our members quickly ...
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Congratulations on Your Retirement, Rob Rowlinson! MLS Director, Space Coast Assoc. of REALTORS

By Kymberly Franklin posted 10 days ago
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We are thrilled to extend an invitation to join us in bidding farewell to our esteemed MLS Director, Rob Rowlinson, as he embarks on his well-deserved retirement after 16 remarkable years with The Space Coast Association of REALTORS®. Come raise a glass, share a laugh, and celebrate the legacy of our witty, intelligent, and extraordinary colleague. Let's make sure his send-off is as memorable as his contributions have been! Thursday, April 18th 12:00 pm - 3:00 pm Space Coast Association of REALTORS® Rob's last day will be April 24th, if you can't make it on the 18th please pop in anytime prior to the 24th to wish Rob the best.
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Wishing Katherine L. Tom and Renee Wiebelt wonderful retirement adventures!

By Kymberly Franklin posted 16 days ago
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Wishing Katherine L. Tom and Renee Wiebelt wonderful retirement adventures! Katherine L. Tom, a dedicated Affiliate member of the Association since 1988, announces her retirement and the closure of her esteemed title agency, The Closing Place, Inc., effective May 1, 2024. With a remarkable career spanning over four decades, Katherine has been a pillar in the industry. For the past 30 years, she has proudly served as the Owner and President of The Closing Place, leaving an indelible mark on the community. As Katherine embarks on this new chapter, she wishes to express her heartfelt gratitude to the many loyal and wonderful customers she has ...
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Fair Housing Month - April- Shines Light on Equity

By Kymberly Franklin posted 17 days ago
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Fair Housing Month Shines Light on Equity By Amy Connolly The month of April is recognized as Fair Housing Month, underscoring the ongoing commitment to eradicate discriminatory housing practices across the U.S. NAR Fair Housing Month Materials Visit the National Association of Realtors website to learn more and download posters and social media graphics to share. LEARN MORE ► WASHINGTON – When the Fair Housing Act was enacted in 1968, it became pivotal to breaking down housing barriers by addressing discriminatory practices and promoting inclusive communities. April, ...
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RPR’s Data Partners: Your Secret Weapon in Commercial Real Estate

By Kymberly Franklin posted 17 days ago
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RPR’s Data Partners: Your Secret Weapon in Commercial Real Estate RPR (Realtors Property Resource) offers commercial real estate practitioners a wealth of listing and property data, plus access to an array of analytical and ROI-focused tools. With over 800K listings, 57 million off-market property records, site selection tools, consumer demographic research, trade area data, traffic counts, POIs (points of interest) and more, RPR Commercial is basically a one-stop-shop for all things CRE. However, one question we hear over and over is: where does RPR get all of this commercial data and information? As an aggregator of data and resources, RPR is the ...
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Florida Realtors Public Policy Weekly Status Report - 3/29/24

By Kymberly Franklin posted 17 days ago
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March 29, 2024 Public Policy Update Governor Ron DeSantis signs HB 621 - Property Rights, into law on Wednesday. Hello everyone. The big news this week was the signing of HB 621 , the anti-squatter bill that we supported this past session. I mentioned in last week’s update that the bill had been sent to the governor, and as you can see, he wasted little time in signing it. In fact, he held a bill-signing event in Orlando that included speakers such as the district attorney, a sheriff, and a property owner who dealt with a squatter situation. You can view the event here if you are interested. As you all know, ...
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March 2024 Commercial Real Estate Market Insights

By Kymberly Franklin posted 18 days ago
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March 2024 Commercial Real Estate Market Insights Download PDF During the second month of the year, the Commercial Real Estate (CRE) market presented a mixed picture, with certain sectors showing resilience while others continued to face uncertainties and losses. The office sector has unquestionably borne the brunt of the most severe and persistent challenges than any other CRE category, and its outlook remains uncertain. The industrial sector has slowed down, with demand falling beneath levels seen before the pandemic. However, multifamily and neighborhood retail sectors remain strong. ...
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Our condolences to the loved ones of Frances Hadjilogiou

By Kymberly Franklin posted 24 days ago
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We are saddened to share the news of the passing of Frances Hadjilogiou, a dedicated member of the real estate community. Frances started her journey in real estate back in 1984 when she became a part of the Melbourne Association of REALTORS, which later merged to form the Space Coast Association of REALTORS. Throughout her career, Frances excelled as a broker, leaving a lasting impact on the industry. We invite you to join in commemorating Frances's life on Saturday, April 6th as we celebrate her legacy and contributions. Our thoughts and prayers are with her family and loved ones during this difficult time. Mass: Saturday, April 6, 2024 11:00 ...
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Economists: Rate Cuts Will Help Commercial Recovery

By Kymberly Franklin posted 25 days ago
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Economists: Rate Cuts Will Help Commercial Recovery Some of the progress markers that will indicate the Fed is headed to a rate cut includes commercial property price stabilization and land and single-family development. WASHINGTON – The commercial real estate market has a lot to gain if the Federal Reserve follows through on anticipated interest rate cuts this year. It was under high interest rates that the number of commercial transactions dropped by 60% in 2023 compared to 2021, National Association of Realtors® Chief Economist Lawrence Yun said Thursday at the association’s quarterly Real Estate Forecast Summit. Lower interest rates would mean ...
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Brevard County Housing Statistics: 2024 February

By Kymberly Franklin posted 30 days ago
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Palm Shores, FL -- February 2024 Brevard County housing statistics report for Single-Family homes and Townhouses/Condos provided by Space Coast Association of REALTORS®, the voice for real estate in Brevard County. You will find monthly, quarterly, and yearly reports of Brevard County Sales, detailed by Single Family Homes and Townhouses/Condos, on our website. In addition, there are Yearly Distressed Market Summaries for both types of properties. A quick recap of the Brevard County Residential Report for February 2024: Closed Sales are down -6.0% for February 2024 in which the number of units closed was 770 compared to 819 in ...
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Broker Update: NAR Announcement of Proposed Settlement

By Kymberly Franklin posted 03-19-2024
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March 15, 2024 As you’ve undoubtedly heard, NAR announced a proposed settlement in the antitrust litigation brought by home sellers related to Broker commissions. This proposed settlement is pending final court approval. As we take in the announcement from the National Association of REALTORS, your Association is here with you to further continue to provide products, services, and programs for our members to have the knowledge, skills, and tools to provide their expertise to their clients and customers through the most complex and ever-changing homebuying and home-selling process. Our REALTOR members will remain at the heart of the real estate transaction ...
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NAR Agrees to Proposed Litigation Settlement

By Kymberly Franklin posted 03-19-2024
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NAR Agrees to Proposed Litigation Settlement By Amy Connolly Florida Realtors President Gia Arvin said the state association “looks forward to continued opportunities for our members to provide their expertise and valued services.” ORLANDO, Fla. – The National Association of Realtors® (NAR) announced a proposed $418 million settlement agreement to the Sitzer-Burnett verdict that would end litigation of claims brought by home sellers related to broker commissions. The agreement resolves claims against NAR, more than one million NAR members, state/territorial and local Realtor® associations, all association-owned MLSs and all brokerages ...
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