Fla. ranks 12th for economic health, 13th for economic activity. But its overall ranking of 22 is dragged down a bit by an “innovation potential” score of 30. Source: Florida Realtors
What Would You Sacrifice to Save For Your Next Home? [INFOGRAPHIC]
Some Highlights: 95% of first-time homebuyers are willing to sacrifice to make homeownership a reality. The top item that buyers sacrifice is new clothes, at 54%. Even repeat or experienced buyers say they sacrificed taking a vacation or buying a new car to buy their last home. Source: Luxury Market News
Congress might remove roadblocks to Everglades restoration
A proposed law could cut regulatory delays and speed the flow of federal money to fix the fading River of Grass and boost S. Fla.’s drinking water supply. Source: Florida Realtors
Can Your Real Estate Agent Answer These Important Questions?
Whether you are selling or buying a home, the real estate agent you hire is critical to guaranteeing your family makes the right decision. Most agents can walk you through the process and explain the industry ‘lingo,’ but you should expect so much more than that. The housing crisis made everyone aware that truly understanding […]
HOAs come in handy dealing with nuisance neighbors
Real estate QandA: A neighbor routinely has a dozen cars in his front yard at all hours, but without a homeowners association, what can an owner do? Source: Florida Realtors
Why Working with a Local Real Estate Professional Makes All the Difference
If you’ve entered the real estate market, as a buyer or a seller, you’ve inevitably heard the real estate mantra, “location, location, location” in reference to how identical homes can increase or decrease in value due to where they’re located. Well, a new survey shows that when it comes to choosing a real estate agent, the […]
NAR: Pending home sales down 1.3% in April
Pending sales slumped for the second consecutive month. NAR economist cites significantly weak supply levels, deteriorating affordability and too few new homes. Source: Florida Realtors
#1 Reason to List Your House for Sale, NOW!
If you are debating listing your house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes for Sale The National Association of REALTORS’ (NAR) Chief Economist Lawrence Yun recently commented on the inventory: “Last month’s dip in closings was somewhat expected given that there […]
Single-family rents remain strong – for now
ATTOM says mediocre wage growth and an increase in the number of rental units could slow rental cost growth. In Orlando right now, rents are “basically flat.” Source: Florida Realtors
Inventory Challenges Continue! [INFOGRAPHIC]
Some Highlights: After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories. Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800. New home prices slowed as builders have started […]
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