Florida Real Estate

Florida Realtors: YOY single-family home median price flat at $420K, supply at 2.8 months. YOY condo median price also remains the same at $325K, supply at 3.6 months. ORLANDO, Fla. – Florida’s housing market in June and second quarter (2Q) 2023 showed signs of continued stabilization of statewide median prices and improving inventory levels (active … Read more

The Fla. Legislature’s demographic office says that the state had 22.6M Floridians in April, and predicts it will have 25.1M by April 2032 – an almost 11% increase. TALLAHASSEE, Fla. – Many of the state’s homebuyers over the next decade will come from out of state. Newly updated estimates show Florida’s population increasing to more … Read more

U.S. single-family home starts fell 7% in June after four consecutive increases, but permits – an indication of future home builds – were up 2.2%. WASHINGTON – After four straight months of gain, June’s single-family production fell, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Overall housing starts, which … Read more

An American Heart Association peer-reviewed study finds that Blacks still living in once-redlined districts have an 8% greater chance of heart attacks. DALLAS – An American Heart Association (AHA) analysis of more than two million U.S. adults found that present day heart failure risk is higher among Black adults living in zip codes historically impacted … Read more

With the tight inventory of existing homes, the market remains solid for builders, and the index measuring attitudes moved one point higher to 56 from June’s 55. WASHINGTON – Buyers who can’t find an existing home turn to new construction, which helped builders’ confidence in single-family homes move higher in July. In a 1-100 index … Read more

The 5 bed/2 bath, 13,195 square-foot New Orleans mansion – actually Calif. –  “dates back to the late 19th century” and has a steep asking price: Your soul. NEW ORLEANS – A famous mansion has landed on the fake real estate market in New Orleans, Louisiana, for an extremely high price: One – or more – … Read more

HUD put out an online suggestion box: Could forms be simplified? Should AI play a future role? Are protected groups served fairly? How much data should be shared? ©Florida Realtors® Source link

Some affordable-housing developers have 30-year federal tax credits hit that mark in the next five years. After that, landlords can charge whatever rent they want. NEW YORK – The United States is at risk of losing about 200,000 affordable housing units over the next five years, as government protections end at hundreds of rental properties … Read more