Fla.’s Jan. Housing: Median Prices, New Listings Up

Florida Realtors: Fla.’s single-family median price up 3.8% ($405K), condo median up 3.2% ($320K). New listings and inventory levels up in both property categories.
Read MoreFla. Ranks 2nd as Best Small Business State

The state got high marks for its net influx of educated workers, job creation rate (up 12.7%) and consumer spending (up 3.4%).
Read MoreCondo Associations May Get $175K for Stormproofing

Lawmakers are considering a My Safe Florida Condo pilot program that would help condo associations “harden” their buildings against severe weather.
Read MoreRE Paradoxes That’ll Change How You Do Business

The money paradox for real estate firms occurs when money must be spent in order to make money, even when cash flow is inconsistent or seasonal.
Read MoreWhen Will Housing Affordability Improve?

It’s going to take time, experts say: Expected interest rate cuts will have some impact on housing prices and mortgage rates, but more housing stock is needed.
Read MoreMost Americans Say They Pay Too Much in Taxes

New poll: Many also don’t think the institutions – whether federal or local – that use their tax dollars spend the money in the best interest of “people like them.”
Read MoreCould RE Listings, Jobs Potentially Shift to AI?

Artificial intelligence currently is a useful tool that agents can use for research, marketing and writing emails, listing descriptions and other similar tasks.
Read MoreMaximizing Commercial Property Insurance

In a hardening insurance market, ensure your business has robust risk management procedures, prepare for policy renewal early and anticipate potential questions.
Read MoreRentals Could Be a New Business Niche

In a tight home sale market, real estate pros may want to develop relationships with a network of renters, who might become homebuyers in the future.
Read MoreNew Residential Community for Service Members

Meeting the ongoing need for affordable options, a new 51-acre military housing development is in the works near the U.S. Southern Command HQ in S. Fla.
Read MoreAre New Starter Homes Becoming Smaller?

As home affordability continues to challenge buyers, builders are now testing the market for smaller, more affordable starter homes – some just 400 square feet.
Read MoreMinority Groups’ Homeownership Increased in 2022

NAR: Despite gains, racial minorities still faced disparities. Black homeownership lagged at 44.1%; rates for Asian (66.3%) and Hispanic Americans (51.1%) were records.
Read MoreHousing Starts Decline in January

Census Bureau: Weakness in multifamily starts pushed overall housing starts down 14.8% in January. Single-family building permits rose 1.6%; multifamily dropped 7.9%.
Read MoreNAR Launches 2024 Good Neighbor Awards

For 25 years now, NAR has honored Realtors who strengthen their communities through their volunteer service. Five winners receive $10K grants for their cause.
Read MoreOffice Vacancies Rise as Work from Home Takes Root

The U.S. office vacancy rate ended 2023 at a record high of 19.6%, partially due to remote work from the pandemic solidifying for many workplaces and occupations.
Read MoreWait, What? Things Are Looking Up for Homebuyers?

Buyers have had it rough, but some experts think 2024 will see improvement in mortgage rates, home prices and availability of both new and existing homes for sale.
Read MoreFlorida Realtors Receives $100K from RRF

Panhandle residents with housing issues caused by the Jan. 9 severe weather are urged to apply for the RRF grant money to help their recovery efforts.
Read MoreProfits from Home Selling Drop in 2023

Attom: Home sellers made a $121K profit on the typical sale in 2023, generating a 56.5% ROI. While still near record levels, it was the 1st decline in over a decade.
Read MoreCash-Flush Buyers Dip into Distressed Commercial RE

Some data shows that global real estate funds operated by private-equity firms held $544B in cash at the end of 2Q 2023, up from $457B at the end of 2Q 2022.
Read MoreState Reaches Rural Land Deals

Farm owners in Polk and Putnam counties have signed deals worth nearly $9M with the Dept. of Agriculture to restrict future residential and commercial development.
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