Florida Realtors Chief Economist: Fla.’s single-family inventory is at a 5.3-months’ supply, suggesting it has moved out of a seller’s market into relative balance.
The median home price rose 3.8% to $398,400. Southern sales climbed 4.4% in February but dropped 4% year-over-year, according to NAR.
Brokers can equip agents with insights and direction to guide customers and help sellers make informed decisions in the coming months.
Rents have declined for over a year, but low multifamily permitting may drive future increases in high-demand markets, Realtor.com said.
Faux stone is making a comeback as the quality improves. The average project cost is under $12K with a 153% ROI.
Home stagers and designers are advising a softer color palette in 2025 to make a home more sellable. Timeless neutrals are the way to go.
Single-family home starts rose 11.4% in February, driven by low existing inventory, but builders face high costs and labor shortages, the NAHB reported.
AI is influencing SEO so real estate pros should adapt their content strategies to focus on understanding and addressing what users seek.
Real estate pros can grow their network with online giveaways, client events, referral gifts and face-to-face connections.
Hispanic homeownership rose 5.8 percentage points (3.5M owners) from 2013-2023, the largest increase among racial groups, NAR also said.
