Florida plans to add amenities to state parks including campsite, cabins and areas for outdoor activities like pickleball, golf and paddling. TALLAHASSEE, Fla. – Future visits to some of Florida’s state parks could include getting in 18 holes of golf or playing pickleball. The state Department of Environmental Protection this week announced what it has … Read more
ORLANDO, Fla. – Florida Realtors® recognized Mike McGraw, 2023 Florida Realtors president, as its 2024 Realtor of the Year. The award – one of several – was presented Thursday during the state association’s annual Convention & Trade Expo at Rosen Shingle Creek in Orlando, Fla. The Realtor audience applauded as McGraw accepted the award from … Read more
Join colleagues at Florida Realtors Convention & Trade Expo, Aug. 21-22, 2024. Preregistration closes Monday. ORLANDO, Fla. – Success strategies from top real estate leaders, how-to education sessions, the chance to network with other industry professionals and the latest in high-tech devices: That’s what the 2024 Florida Realtors® Convention & Trade Expo offers – opportunities to … Read more
U.S. home prices posted a 4.7% year-over-year gain in June. Miami outpaced San Diego, Calif., in June for the metro with the greatest price growth. IRVINE, Calif. – U.S. year-over-year home price gains inched down, reaching 4.7% in June, falling further from the previous month’s 4.9% in what will likely be a continual slide throughout … Read more
Mortgage rates dropped to their lowest level in months. Four Florida cities lead the nation with biggest YoY median sale price increases and new listings. SEATTLE — The typical U.S. homebuyer’s monthly housing payment was $2,722 during the four weeks ending July 14, $115 lower than April’s all-time high, according to a new report from … Read more
Builders are slowing the pace of new home construction. Single-family housing starts declined in May for the third straight month to the slowest pace since October. LOS ANGELES – Homebuilders who bucked the worst of last year’s housing slump may be seeing their luck run out. After showing signs of strengthening early this year, sales … Read more
For the first time in state history, the median sale price for Florida exceeded that of the national number and has stayed there for several months. ORLANDO, Fla. – Each month, Florida Realtors® publishes a bevy of housing statistics, but few are examined as often as the median sale price of homes. The market price … Read more
A Redfin survey found some Florida cities have increasing inventory, including new construction. Experts say it’s combatting the affordability crisis. MIAMI — Florida was a red-hot destination during the pandemic, but now, the state is home to some of the fastest-cooling housing markets in the country. Western Florida cities like North Port, Tampa and Cape … Read more
Tampa ranks in the top 10 U.S. cities for new construction. In Crestview, Homosassa Springs, and Panama City, new construction homes sell for less than average home value. WASHINGTON – The Consumer Price Index clocks inflation between spring 2019 and spring 2024 at 22.9%. But Zillow home sale data demonstrates a particularly swift hike in … Read more
Rents across the state are trending down. South Florida rents are among the highest in the state. Researchers said the days of rapidly rising rents are probably over. BOCA RATON – Just a year ago, nearly all the measured Florida metros were at double-digit premiums, but now renters in Florida could see cheaper rents as … Read more
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