A new report from NAR found a rise in first-time buyers across all generations. Leading the charge were younger millennials, age 25 to 33.
The Florida Office of Insurance Regulation’s (OIR) said the state’s insurance market is continuing to strengthen with more carriers.
State leaders said funding for hurricane-damaged homes, new workforce housing, and infrastructure repairs and upgrades can help dozens of Florida counties.
Colliers: The U.S. vacancy rate rose from 11% in late 2019 to 17% today, higher than during the 2008 financial crisis. As leases expire, it could mean more office sales.
Homebuyers are increasingly looking to build smaller, more affordable homes. The average size of a new-build home in 2023 fell to the smallest size since 2010.
Net general revenue in Feb. totaled nearly $3.538B, up $217.M, or 6% higher than projected. Analysts said the sales-tax portion could be misleading.
Real estate professionals should be aware of unconventional home buying options such as co-purchasing with non-romantic partners.
Consumer optimism among Florida residents dipped in February on views about personal finances and expectations over the national economy, UF economists said.
Recent gains in the stock market have driven a surge in the luxury market. At the same time, other potential buyers are struggling due to high interest rates.
The month of April is recognized as Fair Housing Month, underscoring the ongoing commitment to eradicate discriminatory housing practices across the U.S.
