LOS ANGELES — This spring homebuying season is shaping up to be more favorable for home shoppers than it’s been in recent years — as long as they can afford to buy. Home prices are rising more slowly. Mortgage rates remain elevated but have been mostly easing and could be headed lower. Most importantly, the … Read more
Inman On Tour Miami 2025, May 20-21, brings together industry leaders to discuss trends, AI and market shifts, with expert sessions to help agents thrive. MIAMI – As Florida remains a hotbed for real estate growth and innovation, Inman On Tour Miami 2025 brings together industry leaders, top agents and innovators to explore emerging trends, … Read more
Areas that include Longboat Key, Boca Raton and Inlet Beach near Destin have seen luxury-market growth in the last year. TAMPA, Fla. — Affordability and supply concerns have hindered the housing market, but the luxury sector has grown significantly and is poised for another strong year. The Business Journals’ Hottest Housing ZIP codes near Cape … Read more
As boating grows in popularity, luxury homebuyers are seeking private marinas for convenience and safety. Developers are meeting the demand. MIAMI — As boating increases in popularity, a growing number of buyers are seeking private marinas at their luxury homes for convenience and safety. Private marinas provide flexibility for homeowners for unplanned outings and add … Read more
Florida Realtors is deeply saddened to announce 2002 Florida Realtors President Maurice J. “Moe” Veissi died. He was 78. ORLANDO, Fla. — With a heavy heart, we announce the recent passing of 2002 Florida Realtors® President Maurice J. “Moe” Veissi, 78, founder and broker-owner of Veissi & Associates Inc. in Miami. Often affectionately referred to … Read more
The trend in increasing number of excess bedrooms is driven by both declining household sizes and by an increase in the number of bedrooms per home. SANTA CLARA, Calif. — Although your home might feel tight this holiday season, nationally, the number of extra bedrooms, defined as a bedroom that is in excess of the … Read more
Florida housing markets are set for 2025 growth with affordable homes, new construction and their appeal to younger, diverse buyers, Realtor.com said. SANTA CLARA, Calif. — Nine metro areas in Florida rank among the top 100 U.S., housing markets that are primed and ready for growth in 2025, standing out for their affordability, inventory gains driven … Read more
A Citizens Property Insurance official said reforms passed by the Legislature are continuing to stabilize the market and depopulation efforts are progressing. TALLAHASSEE, Fla. — Changes to Florida laws — including a provision making it harder for policyholders to sue insurance companies — are working as intended to help bring the state’s property-insurance market … Read more
House prices rose as demand outpaced supply, but elevated prices and mortgage rates slowed growth. WASHINGTON – U.S. home prices rose 4.3% between the third quarter of 2023 and the third quarter of 2024, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI). House prices were up 0.7% compared to the … Read more
On a year-over-year basis, home prices rose 5.9%, which is the smallest annual increase since December. Buyer demand is coming back. SEATTLE — U.S. home prices grew 0.5% from a month earlier in October on a seasonally adjusted basis, matching September’s increase, according to a new report from the real estate brokerage Redfin. On a … Read more
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