Florida Consumer Sentiment Slumps

Florida Consumer Sentiment Slumps

Florida’s consumer sentiment dropped slightly in April, with a smaller decline compared to earlier months and less than the national decline. GAINESVILLE, Fla. — Consumer sentiment among Floridians declined for the third consecutive month, dropping 1.8 points in April...
New Rules Condotel Buyers Need to Know

New Rules Condotel Buyers Need to Know

By Richard Swank New legislation requires condotel buyers to receive disclosures about maintenance responsibilities and fees for non-condo areas, ensuring clarity before purchase. ORLANDO, Fla. – On October 1, 2024, Florida Realtors® released revisions to its existing...
The Worst Risk: ‘The One You Never Saw Coming’

The Worst Risk: ‘The One You Never Saw Coming’

By Melissa Dittmann Tracey Association attorneys urge brokers to plan for the liability risks they could face in their brokerage, from buyer breaches to fraud, copyright and contractor issues. CHICAGO – What happens if a buyer closes with another agent after signing...
How AI Is Changing The Real Estate Industry

How AI Is Changing The Real Estate Industry

By Peter Ballance, James Gatto and Jared A. Wachtler AI is transforming the real estate industry with faster processes and greater efficiency. It also presents risks, including legal, ethical and cybersecurity concerns. LOS ANGELES – As we stand on the cusp of...
Why Existing-Home Sales Are Falling Short

Why Existing-Home Sales Are Falling Short

By Melissa Dittmann Tracey Existing-home sales fell in March due to tight inventory, while new-home sales rose as builders met strong buyer demand. Buyers still face competition. CHICAGO — Existing-home sales have lagged over the past two years, while new-home sales...