Closed sales, median sales prices rose YoY for single-family, up 5.8% and 4.9% ($429.9K) and for condo-townhouse units, up 1.9% and 3.1% ($335K).
The days of frantic multiple offers are in the rearview mirror, and buyers are doing more due diligence. However, there are things you can do to help avoid buyer’s remorse and sometimes legal action.
A swing in mortgage interest rates can translate into hundreds more per month and affect loan approvals. Use our graphic to help clients understand rate changes.
Experimenting with artificial intelligence, like ChatGPT? Beware, there are legal and ethical pitfalls. We cover them here.
NAR: Existing-home sales in the South dropped 1.6% from March to an annual rate of 1.9 million in April. The median price in the South was $366,200.
Developers completed 39% more new rental homes in 2023 than in 2022. High prices and rates are keeping owners on the sidelines.
The association advocates for members, challenging an appeals court ruling that would allow the Justice Department to unilaterally withdraw from its agreement.
The bill, which was a 2024 Florida Realtors legislative priority, also includes changes to the Live Local Act. Hometown Heroes Housing Program funding begins July 1.
House Bill 621 allows property owners to take further action against unauthorized people on their property.
Some owners in older condo buildings are putting their units on the market after receiving six-figure special assessments following the Surfside collapse.
