News

News
ORRA

Orlando median price rises as home sales slow in July

The median price of Orlando homes sold during the month of July increased almost 7 percent while sales decreased 0.2 percent compared to July 2016, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide.

Rooney Announces Grant for Sebring Regional Airport

Congressman Tom Rooney (FL-17) announced today that the Federal Aviation Administration (FAA) will be awarding a $415,775 grant to Sebring Regional Airport to help upgrade the airport’s aging infrastructure.
MIAMI

Miami Single-Family Home, Luxury Sales Surge in 2Q

Miami real estate posted a robust second quarter as single-family home transactions, single-family luxury sales, median sale prices and dollar volume surged, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the local Multiple Listing Service systems

Second-Best June in Miami Real Estate History

Miami’s single-family home market continued its strong selling pace by registering its second-most June transactions in history, and the $1 million-plus luxury sales segment rose for both single-family homes and condominiums, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.

CFO Jimmy Patronis Appoints John McKay to Citizens Board of Governors

Chief Financial Officer Jimmy Patronis announced the appointment of John M. McKay to the Citizens Property Insurance Corporation Board of Governors.

First 2017 Unclaimed Property Auction Earns $1.194 Million

Chief Financial Officer Jimmy Patronis today announced that the first of two 2017 unclaimed property auctions, held Saturday in Fort Lauderdale, earned $1.194 million. All of the auction’s nearly 48,000 individual items sold, and the highest grossing individual auction item was a 14k gold ring with a 4.02-carat European cut diamond that sold for $11,500.

Ross and Cohen Reintroduce Bipartisan Housing Accountability Act

U.S. Rep. Dennis A. Ross (R-FL-15), Senior Deputy Majority Whip, and Rep. Steve Cohen (D-TN-09) today reintroduced the bipartisan Housing Accountability Act to hold property owners of low-income housing accountable for poor living conditions. This legislation would require the U.S. Department of Housing and Urban Development (HUD) to survey tenants living in subsidized housing twice a year about property conditions and management performance and create new penalties for property owners who repeatedly fail the tenant surveys

CFO Patronis Invites Floridians to 2017 Unclaimed Property Auction in Fort Lauderdale

Chief Financial Officer Jimmy Patronis invites Floridians to participate in the 2017 Florida Unclaimed Property Auction. This public auction featuring the sale of nearly 50,000 individual items valued at more than $630,000 will be hosted Saturday, July 29, at the Sheraton Suites Cypress Creek in Fort Lauderdale. A public preview will be held Friday, July 28, at the Sheraton Suites hotel.

Fla. Housing Market: Sales, Median Prices Up in June 2017

Florida’s housing market had more closed sales, higher median prices and more new listings in June, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 28,205 last month, up 4.3 percent compared to June 2016.

Key Rubio Provisions for Everglades Restoration Included in Senate Energy and Water Development Appropriations...

The Senate Committee on Appropriations approved the 2018 Energy and Water Development Appropriations Act, which includes key provisions proposed by U.S. Senator Marco Rubio (R-FL) that would help advance critical Everglades restoration projects to benefit South Florida’s environment and economy, and help protect drinking water supplies.
ORRA

Orlando housing update: Single-family homes receive a boost in sales

The median price of Orlando homes sold during the month of June increased more than 7 percent while sales likewise climbed nearly 8 percent compared to June 2016, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide but registered the smallest decline this year with 14 percent

Unclaimed Property Program Returns $313M in 12 Months

Chief Financial Officer Jimmy Patronis today announced that the Florida Division of Unclaimed Property returned an astonishing $313 million during the 2016-2017 fiscal year, the highest annual return figure in the program’s 56-year history. More than 513,000 individual claims were paid throughout the 2016-2017 fiscal year, a double-digit increase over the previous fiscal year. One in five Floridians has an unclaimed account in their name, and all are encouraged to regularly search for accounts on the Division’s website.

Colombia Again Leads All Countries Searching Miami Real Estate

Colombia is the most-active foreign country searching Miami real estate, according to new data from the MIAMI Association of REALTORS® (MIAMI). Colombia registered the most South Florida property searches among all countries on MIAMI’s porta
ORRA

Orlando Regional REALTOR® Association announces results of 2016 ORRA Good Neighbor Awards

Orlando REALTORS® don’t just help people realize their dreams of homeownership, they also help build communities. Now, four of those community-builders have been honored for their efforts by the third annual Orlando Regional REALTOR® Association Good Neighbor Awards. Each of the nonprofit organizations helped by our GNA recipients’ volunteer efforts has received a $1,000 donation from ORRA to support their missions

CFO Jeff Atwater Announces Staggering $275 Million in Annual Unclaimed Property Returns

With nearly two months remaining in the fiscal year, Chief Financial Officer Jeff Atwater today announced that the Florida Division of Unclaimed Property has broken its annual fiscal year return record. More than 425,000 individual claims worth a combined value of $275 million have already been processed, surpassing the previous annual record of $271.8 million reached during the 2015-2016 fiscal year.

Florida Realtors® Advises Homeowners to Take Summer Holiday Safety Precautions

Have big plans for July 4th? You’re not alone. Many families across Florida and the nation will spend the Fourth of July holiday away from home, traveling to see relatives and a big fireworks show or maybe basking in the sunshine on the state’s beautiful beaches

Diaz-Balart Delivers Over $4 Million in Homeless Assistance Funding for Miami-Dade

Congressman Mario Diaz-Balart (FL-25) today announced that Miami-Dade County would receive $4.092 million in Emergency Solutions Grants (ESG) from the Department of Housing and Urban Development (HUD). Last year, Miami-Dade County lost over $5 million in funding for essential homeless programs in the county. HUD’s homeless assistance program has become increasingly competitive as HUD directs more funding to grantees that allocate resources to projects known to deliver better outcomes like permanent housing and rapid re-housing.

Tampa Housing Authority Announces Demolition Ceremony for North Boulevard Homes – Mayor Bob Buckhorn...

The sprawling 44 acre North Boulevard Homes community built in December 1940, was the Tampa Housing Authority’s oldest and largest public housing community and an answer to the prayers of many Tampa residents seeking an affordable place to live. Comprised of 1, 2, 3, 4, and 5 bedroom units, this community became home to more than 3,100 residents. In March of 1966, the need for more affordable housing was crucial and another 65 units was added to accommodate the growing need, bringing the total number of units to 832.
MIAMI

Miami Single-Family Home Sales Surge, Post Best May in History

Miami’s single-family home market registered its best May in history as total home sales, median prices, dollar volume, traditional sales and luxury transactions surged, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.

WASSERMAN SCHULTZ ON FY 2018 MILITARY CONSTRUCTION AND VETERANS AFFAIRS LEGISLATION ADVANCEMENT

U.S. Rep. Debbie Wasserman Schultz (FL-23), the Ranking Democrat on the House Military Construction, Veterans Affairs, and Related Agencies (MCVA) Appropriations Subcommittee, released the following statement after passage in the full Appropriations Committee of the subcommittee’s Fiscal Year 2018 (FY18) appropriations bill:

Popular Government & Nonprofit Press Releases

Colombia tops all Foreign Searches for Miami Real Estate

Colombia continues to lead all foreign countries searching for South Florida real estate, according to new data from the MIAMI Association of REALTORS® (MIAMI). The South American nation finished as the top international country using MIAMI’s search portal, www.Miamire.com, in May 2016. Colombia has now led the rankings for six consecutive months

Recent Government & Nonprofit Press Releases

ORRA

Orlando median price rises as home sales slow in July

The median price of Orlando homes sold during the month of July increased almost 7 percent while sales decreased 0.2 percent compared to July 2016, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide.