Florida: Where Wealthy Gen Z Wants to Be

Florida, the most preferred destination for wealthy millennials and boomers, is second-most preferred among wealthy Gen Z households.
Read MoreInsurance Lawsuits Drop With Reforms

Several insurance experts said fewer major hurricanes striking highly populated parts of Florida in 2023 might have contributed to the latest decline in litigation.
Read MoreRedfin: Oct. Rents Flat in Florida, Nationally

New apartments are being completed at the fastest pace on record and that’s leading to rents falling in some parts of Florida.
Read MoreFlorida Home Prices Now Easing

Home prices in the larger metro areas, including Miami, Jacksonville, Orlando and Tampa, are declining, creating new opportunities for buyers.
Read MoreWays Agents Should Use AI for Sales

Agents can leverage AI for home listing descriptions that highlight the home's best features, as well as help with virtual staging, design and landscaping.
Read MoreNAR Board OKs Budget, Culture Transformation Plan

NAR’s Board of Directors approved the association’s operating, advocacy and consumer ad campaign budgets for 2025, among other actions.
Read MoreMaking Homes, Businesses More Storm Resilient

Experts said Florida has done well protecting buildings from wind damage and should now focus on protections from storm surge.
Read MoreNAR: Don’t Panic as Commercial Loans Come Due

NAR’s chief economist said there’s a rebound on the horizon for commercial brokers and agents. Commercial assets will recover as the economy improves.
Read MoreHurricane Flood Claims Top 72,000

Policyholders had received about $894 million from the National Flood Insurance Program due to Hurricanes Debby, Helene and Milton.
Read MoreMortgage Rate Climb Driven by Optimism

Despite Fed rate cuts, mortgage rates rose on economic confidence even with weaker job gains and temporary factors that affected the market.
Read MoreGetting Ahead: Check Your Credit Report

Review your credit reports at least every 12 months to ensure that they are accurate and complete, particularly if you plan to buy a home.
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Home prices in the larger metro areas, including Miami, Jacksonville, Orlando and Tampa, are declining, creating new opportunities for buyers.
Read More U.S. Consumer Sentiment Climbs

Consumer sentiment hits its highest since April. Long-term business conditions have reached their highest optimistic point in almost four years.
Read MoreHome Prices Benefit Owners, Challenge Buyers

A typical homeowner has accumulated $147,000 in housing wealth over the last five years. Prices remain on solid ground, NAR’s chief economist said.
Read MoreWho’s Responsible for Landscaper Damage?

If an HOA hires a contractor who then causes damage, the HOA shares the responsibility for addressing those damages. Take clear photos of the damages.
Read MoreConsumers More Confident on Housing

Despite higher home prices, the share of consumers who think it’s a good to time to buy increased to 20%. Those who think it’s a good time to sell declined to 64%.
Read MoreFed Cuts Key Interest Rate a Quarter-Point

The Fed cut its key interest rate by 0.25%, lowering it to 4.6%, as inflation drops near its 2% target. Interest rates impact mortgage rates.
Read MoreMortgage Rates Rise for Sixth Straight Week

Average rates on 30-year mortgages ticked up to 6.79% from 6.72% last week. Borrowing costs on 15-year fixed-rate mortgages rose to 6% from 5.99% last week.
Read MoreAging-In-Place Tech Making Staying Home Easier

Older adults who want to age in place have new technology that makes it easier, including smart home and medical management systems.
Read MoreNAR Adds Guides for Buying and Practice Changes

NAR released a new guide for first time buyers and a video series for Realtors related to the practice changes for the proposed settlement.
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