The current sentiment reflects pent-up frustration with the overall lack of affordability, one economist said. However, sales activity is expected to increase.
One expert said there are opportunities for high-quality properties, but investors need to ride out the short-term risks.
Millennials have become the largest home-buying group but wait longer to buy, starting at age 35. Gen-Z buy homes earlier, starting at age 25.
The gap between Black and white homeownership rates closed over the pandemic, but disparities remain.
NAR kicked off its fundraiser for its Realtor® Relief Foundation with a $1M goal. Florida Realtors is also seeking donations for its Disaster Relief Fund.
Floridians aged 60 and older were more optimistic about the current and future economic conditions. Sentiment is expected to remain the same in the coming months.
Across Florida and the U.S., Realtors help commemorate the importance of homeownership and housing opportunities for individuals, families and their communities.
The HUD-Veteran Affairs Supportive Housing vouchers can help more than 7,000 veterans in their search for permanent housing.
The cost for home staging has increased 18% in Q1 2024 compared to the previous year, but real estate professionals believe it brings in higher offers.
Changes to the My Safe Florida Home Program allow homeowners to choose any state-certified contractor and distribute the funding directly.
