Florida consumers grew more cautious as inflation concerns, household budget pressure and softer job conditions continued to shape expectations for the economy and major financial decisions.
A fresh state budget and two new Florida housing laws take effect July 1, advancing Florida Realtors legislative priorities tied to housing supply, affordability and local housing options. The changes inject new money into popular housing programs, make funds available for home hardening programs and update parts of the Live Local Act, among other things.
A July 16 legal summit in Orlando will give Realtors a practical look at legal issues showing up in daily business, including AI, contracts, disclosures, FREC, lawsuits and complex transactions. The event offers 5 CE credits and is presented by Orlando Real Producers in partnership with Florida Realtors.
As tools evolve, communication, consistency and curiosity still help guide customers through complex and emotional decisions.
Borrowers with fair credit scores pay up to $192 more per month than those with excellent credit, a difference that compounds to $69,120 over the life of a 30-year loan.
Young adults living with parents are not out of the housing market – they are delayed by affordability. Realtors can help them compare rent, starter-home options, down payment programs and realistic timelines for buying.
Homes that linger on the market for 18 weeks close 1.3 percentage points below asking, compared to 1.8 points above for those sold near week four, according to a Realtor.com analysis of national listing performance.
HUD’s new guidance narrows how the agency will handle emotional support animal complaints under the Fair Housing Act, but NAR says housing providers should be careful before changing policies. Courts, state agencies and local fair housing laws may still treat the issue differently.
As some agents step back, those who sharpen their skills, communicate clearly and offer steady guidance have a chance to build trust and gain ground, Inman said.
FHA policy changes could give some buyers more flexibility on repairs, appraisals and financing, while keeping property condition, repair costs and lender timelines central to the transaction.
