Space Coast Association of REATLORS® Blogs

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$100 Million Approved for HHHP The bill, which was a 2024 Florida Realtors legislative priority, also includes changes to the Live Local Act. Hometown Heroes Housing Program funding begins July 1. TALLAHASSEE, Fla. – Gov. Ron DeSantis signed a bill revising 2023’s Live Local Act, providing an additional $100 million to the Hometown Heroes Housing Program (HHHP) for zero-interest downpayment and closing cost assistance home loans to fulltime employed Floridians who meet income requirements. The HHHP financial boost injects new funding into a program that was so successful when it launched that funding was depleted in under two months. The new ...
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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 April 2024: Closed Sales are up 5.6% for April 2024 in which the number of units closed was 1,033 compared to 978 in April 2023, with an increase in cash sales of 3.4%. New Pending Sales are up 8.3% and New Listings are up 28.4%. The Median Sales Price for Brevard Single Family homes is up 6.7% to $384,000 compared to a year ago, which was $360,000. ...
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Florida Leads in Housing Boom to Ease Shortage By Tim Henderson Florida is one of six states that significantly added to the nation’s housing supply and one of five that saw a 6% growth in housing units. WASHINTON –The United States has added almost 5 million housing units since 2020, most heavily in the South and most of them single-family homes, making a housing shortage look conquerable in much of the nation. Still, even more homes need to be built, especially single-family homes, experts say, and continuing high interest rates are hurting potential homebuyers. Almost half of the housing increase from April 2020 to July 2023 ...
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Forget your Supra eKEY PIN? No problem! Now you can easily reset your PIN on your own, with the new “Forgot PIN” feature in the eKEY app. Follow these steps to get started: • Install the latest version of the eKEY app from your app store. • Enable phone lock authentication (Biometric/Face ID/PIN/Password) on your device. • Ensure you have an email or mobile number registered with Supra system. Keyholders outside of the U.S. or Canada may only use their email to reset PIN. • Learn more in our quick guide (PDF). Download Quick Guide (PDF) Questions? Contact Supra Liaison at 1-800-545-9601, or supraliaison@carrie ...
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Florida Realtors Disaster Relief Fund Open By Amy Connolly The National Weather Service said three tornadoes ripped through Tallahassee. The disaster relief fund is available to Realtors, Realtor boards/associations and their staff. ORLANDO – The Florida Realtors® Disaster Relief Fund began accepting applications after tornadoes ripped through downtown Tallahassee and the surrounding area on Friday, killing one person. Gov. Ron DeSantis declared a state of emergency in 15 North Florida counties. Florida Realtors Disaster Relief Fund: There When You Need It Realtors helping others in times of need is what this charity is all about. Learn ...
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May 10, 2024 Public Policy Update Hello everyone. The big news of the week happened on Tuesday when Gov. DeSantis held a press conference in Cape Canaveral to announce the signing of HB 7073 , which is next fiscal year’s tax package. This bill typically ends up being one of our priority bills each session, and this year was no different as the tax package includes a one-year exemption on insurance premium taxes on homeowners’ insurance policies and flood insurance policies. The total savings that this insurance tax break will produce for Floridians is estimated to be north of $500 million, which should translate to a small amount of insurance ...
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May 3, 2024 Public Policy Update Hello everyone. If you have been following these weekly updates and/or have had a chance to participate in one of our stops on the Homegrown Advocacy Tour , then you should be well aware of the new anti-squatter bill that was recently signed into law. We actually got several questions about the new law (in addition to lots of applause) while on the tour and thought it might be helpful to put together an infographic that lays out the important parts of the bill. As the graphic indicates, the important parts to remember are the conditions that have to be met for the local sheriff to take action, and ...
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Our condolences to the loved ones of Tracy Dix It is with deep sadness that we share the news of the passing of Tracy Dix, a cherished member of the Brevard County real estate community. Tracy's 21-year tenure with the Space Coast Association of Realtors was marked by dedication and success, earning her respect and admiration from colleagues and clients alike. Beyond her professional accomplishments, Tracy's love for the ocean, lobstering, fishing, and boating defined her vibrant spirit. Her heart belonged to the Florida Keys and Blowing Rock, NC, where she found solace and joy. Family meant everything to Tracy, especially her precious grandkids, ...
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Brevard County Implements Burn Ban BREVARD COUNTY, FL. -- Due to ongoing dry weather conditions Brevard County is favorable to the risk of wildfires, Brevard County has implemented a ban on open burning, such as bonfires, campfires, trash burning and other incineration, throughout the county. The Keetch-Byram Drought Index (KBDI) has topped 500 (out of a scale of 800), due to the dry conditions and little rain in the forecast. Under a County ordinance approved in 2017, the burn ban automatically goes into effect. The burn ban does not include state-permitted burns, the use of barbecue grills, authorized public fireworks displays and fireworks sales, ...
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2025 Committee Applications Are Now Open! Apply now (link is external) for an NAR committee and help shape the direction of your National Association of REALTORS®. The application portal is open March 1 to May 15, 2024. You are encouraged to submit multiple applications (up to five) in order to be considered for all committees you have an interest in serving on; however, members will only receive one appointment, per current policy. Applications are compiled for review by NAR Officers during the NAR committee selection process. Create or edit your expertise profile (link is external) (requires ...
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Florida Realtors - New Anti-Squatter Law Helps Protect Private Property Rights A new law will become effective on July 1, 2024, that will help homeowners remove illegal squatters from property they own. It is intended to help owners reclaim their property quickly as long as certain conditions apply. Conditions: These conditions outline the requirements for requesting the immediate removal of a squatter from a home in Florida: 1) The requester must be the property owner or an authorized agent of the property owner. 2) The property being occupied includes a residential dwelling. ...
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What Buyers REALLY Want to See on Your Real Estate Website What are prospective home buyers looking for when they come to your real estate website? NAR's 2024 Generational Trends Report sheds some light on the matter. The annual survey asked buyers who use the internet which website features they find most useful. Today, we're going to dive into what the research shows. You can use this information when researching new website vendors or evaluating how your current site measures up. Let's dive in! Below are website features that buyers rate as "very useful" during their home search process, ranked from most to least important. Most ...
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April 26, 2024 Public Policy Update Florida Realtors President Gia Arvin (far left) joins CFO Jimmy Patronis and others for an insurance roundtable on Thursday. Hello everyone. This was certainly a news-filled week that we are excited to catch you up on. First and foremost, as you can see in the image above, your own 2024 Florida Realtors President, Gia Arvin, was invited to participate in CFO Jimmy Patronis’ Putting Policyholders First Roundtable yesterday. She was joined by state legislators, insurance industry leaders, regulators, and other stakeholders who have been working to make Florida’s insurance market healthy ...
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How RPR Commercial Provides Value for REALTORS® There’s a lot of talk right now about “value” as it pertains to the business of real estate. As in, what value do REALTORS ® bring to the table? For REALTORS ® navigating the complex landscape of commercial and land transactions, having a centralized database that seamlessly integrates all these aspects is invaluable. Enter RPR, your Realtors Property Resource. RPR is a game-changing platform that combines ease of use with unparalleled access to a wealth of data, and all at no extra cost to users, because it’s included in your National Association of REALTOR ® member ...
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Our condolences to the loved ones of Michael Patrick LaRocque   It is with great sadness that we announce the passing of Michael Patrick LaRocque, a valued member of the Space Coast Association of Realtors for 24 years. Michael was a dedicated and passionate real estate professional who was highly respected by his colleagues and clients alike. He was known for his expertise in the industry and his unwavering commitment to providing exceptional service to his clients. He is survived by his 5 children, Sophia LaRocque, Emily LaRocque, Olivia LaRocque, Kage Walker and Paetynn Bancroft; by the mother of his children, Stacey LaRocque; by his sister and ...
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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 Q1 2024: Closed Sales are down -7.6% for Q1 2024 in which the number of units closed was 668 compared to 679 in Q1 2023, with a decrease in cash sales of -1.6%. New Pending Sales are down -3.8% and New Listings are up 19.8%. The Median Sales Price for Brevard Single Family homes is up 7.1% to $375,000 compared to a year ago, which was $350,000. ...
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Business Rent Tax Reduction Set for June A cut in the state’s commercial lease sales tax, from 4.5% to 2.0%, will begin on June 1, weeks earlier than originally expected. TALLAHASSEE, Fla. — Business owners will see an earlier-than-anticipated reduction to the state’s lease tax, beginning in June rather than July, state leaders said. Florida’s commercial lease sales tax rate, also known as the Business Rent Tax, will be reduced from 4.5% to 2.0%, providing Florida employers with at least an estimated $1 billion in tax relief beginning June 1, FloridaCommerce said. The 2.5% reduction was originally slated to begin July 1. “By slashing Florida’s ...
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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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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 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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