Florida recorded 51,444 new-home permits through the second quarter, down 7% from a year earlier, though Northwest Florida and several counties posted growth.
Federal Reserve policymakers face a divided decision today as easing inflation supports holding rates steady while persistent price pressures strengthen the case for an increase that could influence mortgage rates and homebuyers’ purchasing power.
Florida metros posted some of the nation’s strongest growth in millennial homeowner and renter households from 2018 to 2023, according to a RentCafe analysis. North Port led the country in millennial homeownership growth, while Orlando topped the list for renter growth.
New research found that 77% of buyers consider curb appeal at least moderately important, giving real estate professionals another way to evaluate new-home communities, prepare listings and better understand what draws buyers through the door.
The Fed held rates steady as inflation and energy prices remain high, though growing expectations of a September hike could keep borrowing costs elevated.
Renters can protect their belongings, finances and temporary living costs by understanding what their policy covers and where gaps may remain.
Addendum H allows buyers to set maximum premiums for homeowner’s and flood insurance and cancel the contract without penalty if they cannot secure coverage at a price they can afford.
Luxury real estate agents can build business without inherited connections by demonstrating expertise, discretion and strong market knowledge. Public records, thoughtful analysis and relationships with trusted advisers can help agents identify opportunities, earn affluent customers’ confidence and generate referrals.
From security deposit limits to new compliance rules, changing landlord-tenant regulations are influencing investor behavior, housing supply and pricing trends. Here’s what real estate professionals need to understand to better guide clients and anticipate market shifts.
The CRSP may be one of the lesser-used forms in the Florida Realtors contract toolkit, but it is a hidden gem. With clear deadlines for offers and counteroffers, streamlined time-counting rules and a built-in path for resolving disputes, it offers practical provisions that can bring greater clarity and structure to residential transactions.
