Space Coast Association of REATLORS® Blogs

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SunStats: Our Most Powerful Real Estate Market Research Tool Yet All the real estate metrics, charts, and data you need to master your market — branded to YOUR business and accessible on desktop, laptop, and mobile. Launch Florida Realtors SunStats Access our powerful database of real estate market research NOW! CLICK HERE ► As a Realtor, knowing your local market and being able to share the latest local data trends is key to your business. And, Florida Realtors has created interactive data tool –  SunStats  – to help members do just that through this robust, user-friendly resource. ...
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“Melbourne Salutes Hometown Heroes” is designed to honor City of Melbourne residents, business/property owners, or their immediate family members who are actively serving in the U.S. Armed Forces, are veterans, or were killed in the line of duty.  Between May 1, 2023, and July 4, 2023, the City will display street pole banners along New Haven Avenue in Downtown Melbourne, each featuring a different veteran’s name, photo, branch of service, and years served.  Qualified applicants will be selected for banners on a first come, first served basis. To qualify for a banner, honorees must meet all of the following requirements: United States Armed Forces ...
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Long-Term Mortgage Rates Tumble to 6.61% By Matt Ott Last week, a 30-year, fixed-rate loan averaged 7.08%; this week it dropped almost half a percentage point to 6.61% as signs suggest inflation may have peaked. WASHINGTON (AP) – The average long-term U.S. mortgage rate tumbled by nearly a half-point this week, but will likely remain a significant barrier for potential homebuyers as Federal Reserve officials have all but promised more rate hikes in the coming months. Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate fell to 6.61% from 7.08% last week. A year ago the average rate was 3.1%. The rate ...
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NW Fla.: Fake Sellers Fool Some RE Agents By Sandi Kemp A referral “seller” uses fake IDs to prove they own a property and then ask an agent to list it for sale. The usual targets: Out-of-state owners without a mortgage. CRESTVIEW, Fla. – Financial advisors rave about paying off debt, but sometimes being debt-free is being vulnerable. As more real estate transactions are being completed by email or overnight mail, without sellers meeting buyers in person, it’s become easier for criminals to target vacant lots owned by absentee or non-local owners. Recently, a vacant Navarre Beach lot was sold without the knowledge of the owner. The lot ...
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NAR Relief Fund: $1.5M for Hurricane Victims By Kerry Smith, Marla Martin The money focuses on Floridians’ housing-related challenges posed by Hurricanes Ian and Nicole, such as temporary problems making a mortgage payment. ORLANDO, Fla. – The National Association of Realtors®’ (NAR)  Realtors Relief Foundation announced a $1.5 million grant to help Floridians with housing issues resulting from Hurricanes Ian and Nicole. “Hurricane Ian devastated communities across our state and so many people are struggling,” says 2022 Florida Realtors® President Christina Pappas, vice president of the Keyes Family ...
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RateMyAgent understands what a review actually embodies – hard work, long hours, heart, and soul, all for the sake of serving clients well. Now, there is finally a way to collectively raise the bar in real estate and celebrate the agents who make our industry better. Every review you collect now, for properties transacted in 2022 will put you in the running for a 2023 award.  Learn more: https://awards.ratemyagent.com/?utm_source=Social&utm_medium=media&utm_campaign=AOYA&utm_id=SpaceCoast&utm_term=Nov
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Commercial Real Estate Metro Market Reports Commercial Metro Market Reports Q3 2022 To help REALTORS® and other housing market analysts get the most out of the plethora of data that is available, NAR Research produces a series Commercial Real Estate Metro Market Reports which provide insights into the fundamentals and direction of the nation's largest metropolitan commercial real estate. Each report evaluates a number of factors affecting the market, including indicators on the economic and demographic conditions of a metro area and commercial market indicators on net absorption, vacancy rates, rent, deliveries, inventory, total ...
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Brevard County Opens Shelters for Tropical Storm Nicole   BREVARD COUNTY, FL. -- Brevard County will open 4 shelters at 9 a.m. Wednesday, Nov. 9, for residents in the recommended evacuation groups and for individuals who do not feel safe in their homes as a result of the potential hurricane-force winds, storm surge, and flooding conditions from Tropical Storm Nicole, which is expected to begin impacting the county late Wednesday and continuing into Thursday. The following shelters will be available for general population, families wishing to bring their pets, and those with medical special needs who have pre-registered or been screened by the Florida ...
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First the Hurricane – Now Construction Scams By Derek Gilliam Hurricane Ian victims are laser-focused on recovery, making some of them easy marks for scammers offering quick help. And scammers know that. SARASOTA, Fla. – Kathryn Schweitzer worked recently in the yard in front of her small, yellow house in a North Port neighborhood where mildewing furniture, drywall and other personal belongings line the streets, the remains of destruction left behind by Hurricane Ian. Schweitzer tries to shrug off the $8,000 she’s paid so far “just to get the walls back” in her flood-damaged home, because “if you can’t cry, you get to laugh.” She had been ...
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Ability to Customize Room Order on Listing Oct 18, 2022 You are now able to change the order in which rooms are displayed when looking at Listing Details. Under the Rooms tab in Flexmls desktop, you can control the order that rooms display by dragging and dropping the room cards when adding or editing a listing. The order of rooms you designate will be reflected in the Listing Detail section on the Flexmls For Real Estate Pros Android App and the Flexmls Mobile website (m.flexmls.com). We have also simplified the display of rooms on mobile, making it easier to quickly scan room details. Note: Your MLS may have custom programming related to rooms, requiring ...
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NAR Releases 2022 First-Time Buyer Study By Kerry Smith Rate increases will likely change next year’s stats, but for the year ending in June, first-time buyers were fewer in number, older and moving farther than ever before. WASHINGTON – For the year ending in June (from July 2021 through June 2022), the share of first-time homebuyers dropped to a record low year-to-year, while the age of a typical first-time buyer increased to an all-time high. These first-timers also moved farther than ever before. The median distance from their previous homes more than tripled from the distance registered over the previous four years as the shares of ...
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Best Places to Retire? Fla. and Pa. Duke It Out By Kerry Smith Of the top 10 places to retire according to the latest list from U.S. News & World Report, four are in Florida, five are in Pennsylvania and one is in Michigan. WASHINGTON – If you don’t mind cold and dreary winters, five Pennsylvania cities are top-10 retirement destinations, according to the latest U.S. News & World Report ranking of  2022-2023 Best Places to Retire in the United States . However, if balmy winter weather is a retirement must-have, there are also four Florida metro areas that made the top 10 list. The only other state to rank in the top 10 was No. ...
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FOR IMMEDIATE RELEASE Tuesday, November 1, 2022 2:26 PM Applications Open for Save Our Indian River Lagoon Citizen Oversight Committee MELBOURNE, FL -  The Board of County Commissioners and League of Cities seeks qualified applicants for volunteer appointments to represent Finance, Tourism, Real Estate, and Technology expertise on the Save Our Indian River Lagoon Citizen Oversight Committee. The Save Our Indian River Lagoon Citizen Oversight Committee is a 14-member committee composed of citizen volunteers with diverse skills who make recommendations to the Board of County Commissioners for annual updates to the Save Our Lagoon Project ...
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12,000+ Realtors® to "Ready, Set, Grow" at NAR NXT Annual Conference & Expo in Orlando November 2, 2022 Media Contact:  Lauren Cozzi 202-383-1178 WASHINGTON (November 2, 2022) – Realtors® nationwide and globally will gather November 11-13 in Orlando, Florida, for   2022 NAR NXT, The REALTOR® Experience (link is external) , NAR's annual conference and expo – the flagship annual event for real estate professionals. "Ready, Set, Grow" is the theme for this year's in-person and virtual event by the nation's largest trade association. More than 12,000 Realtors® and industry stakeholders from all 50 states, ...
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New Brevard County Fire Rescue Rating May Decrease Resident Insurance Premiums   BREVARD COUNTY, FL.  – Residential and commercial property owners in Brevard County could potentially see lower insurance rates as a result of the county’s latest public fire protection services rating from the Insurance Service Organization (ISO). Brevard County Fire Rescue (BCFR) is pleased to announce the updated designation from the ISO’s Public Protection Classification rating of a Class 3/3X effective Tuesday, Nov. 1.  A Class 3 department allows residential and commercial property owners the opportunity to potentially obtain lower insurance premiums along with receiving ...
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Legal Q&A: Dealing with Difficult Homeowners HOAs have rules and sometimes a homeowner ignores those rules. What if the color of a newly painted home falls outside the HOA’s approved color range? SARASOTA, Fla. –  Question : We have a homeowner in my HOA who does not like to follow the rules. Recently, he painted his house a color that is not within the HOA approved color palette. What are the HOA’s options in getting him to comply? – D.L., Plantation Answer : Your homeowner’s association has several options in order to obtain compliance from this owner. The Board of Directors can either choose to fine, suspend use rights to the association’s ...
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U.S. Consumer Confidence Pulls Back a Bit in Oct. By Kerry Smith Americans’ attitudes improved in Aug. and Sept., only to retreat in Sept as inflation worries flared and short-term outlooks remained “dismal.” BOSTON – The Conference Board Consumer Confidence Index decreased in October after back-to-back monthly gains. The Index now stands at 102.5, down from 107.8 in September. The Present Situation Index – consumers’ assessment of current business and labor market conditions – declined sharply to 138.9 from 150.2 last month. The Expectations Index – based on consumers’ short-term future outlook for income, business and labor market conditions ...
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The Flexmls® App for Real Estate Professionals The Full Power of the Flexmls Platform is Mobile *Available in the App store as "Flexmls for Real Estate Pros" click below to view download information: GOOGLE PLAY APPLE STORE The Flexmls App for Real Estate Professionals* puts the full power and reliability of the MLS at the agent’s fingertips on their mobile device. Designed with continuity in mind, the Flexmls mobile app mirrors the Flexmls Desktop experience so there’s just one system to learn. Agents have the autonomy to run their business, their way - any time, any place. In the Flexmls Mobile App: • Customize preference when ...
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Disaster Recovery Center Established for Those Impacted by Hurricane Ian   BREVARD COUNTY, FL -- Brevard County residents who suffered losses and damage as a result of Hurricane Ian can get information about disaster assistance at a Disaster Recovery Center (DRC) opening Friday, Oct. 21. The hours of operation are 8 a.m. to 7 p.m., daily. The Disaster Recover Center is located at: Cuyler Community Building, 2331 Harry T. Moore Ave. Titusville, FL 32754. The Titusville location was selected because the majority of damage due to Hurricane Ian is in the north area of the county. Representatives the State of Florida, the Federal Emergency Management Agency ...
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FEMA Update: $477M So Far to 26 Fla. Counties By Kerry Smith Over 92K homes have been inspected, FEMA says, 1,468 households have been sheltered (3,817 people), and 39K flood insurance claims have been filed. WASHINGTON – While it will take a long time to help the victims of Hurricane Ian and clean up the debris, the Federal Emergency Management Agency’s (FEMA) latest update suggests much has been done so far. FEMA provides rental assistance, hotel stays, repair assistance, reimbursement for temporary lodging and other forms of support for Hurricane Ian survivors. That help is now available in 26 Florida counties. Florida counties ...
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