The U.S. has now seen home sales drop 12 months in a row, even as median sales prices continue to rise along with the number of for-sale homes on the market.
Florida Realtors: Jan. closed single-family sales fell 32.5% as inflation, higher interest rates eroded demand, but for-sale inventory rose 134.2% to a 2.8-months’ supply.
According to Zillow’s Jan. market analysis, four Fla. metros saw higher year-to-year price gains than the nation yet also higher month-to-month price decreases.
A potential home seller can so “no” at any point, and fear drives some agents to provide the quick answer or suggestion they think a seller wants to hear.
In most cases, a Triple Net Lease provides headache-free, passive income. Another smart RE investment? Retail properties with tenants like a bank or CVS.
In Fla., 73 county or local programs will get $78.4 million to help modernize public housing and make it “worthy of the families and individuals who live there.”
Is limited marketing time for social media best spent domineering one site, such as Facebook, or developing a lighter presence on many social media sites?
United Property & Casualty Ins. Co. is insolvent, and the company cites higher-than-expected losses from Hurricane Ian. Fla. is taking steps to place it in receivership.
Florida Realtors economist: More people still move into the Sunshine State than leave it, and United Van Lines’ analysis of its customers unveils some of their motives.
Builders are more optimistic about the 2023 market, but that optimism isn’t reflected in the number of Jan. housing starts. Building permits increased a bit, though.
