The U.S. median existing-home sales price advanced 4.8% from January 2024 to $396,900, the 19th consecutive month of year-over-year price increases, NAR said.
NAR's "Preparing for Homeownership" guide helps buyers explore home choices, down payment options, available resources and much more.
Florida Realtors Chief Economist: “A new year usually brings with it a revival in the rate of homes being listed for sale; it certainly was the case this January.”
AI tools can speed up and automate data collection, review demographic trends and reduce the potential for human error in real estate market analyses.
AI is being used in all aspects of real estate, from staging and valuations to appraisals and fraud detection, promising billions in value for the industry.
Redfin reports 3.7 months of supply in January, the most in six years. Florida ranks high for buyers, with six of the top 10 metros for inventory.
Healthy homes are designed and constructed to improve indoor air quality, reduce allergens and be more energy efficient.
Overall housing starts decreased 9.8% in January, which is 1.8% lower than a year ago. Multifamily decreased 13.5%.
In shared ownership, one person can finance to buy the other out or sell the home and split the equity. A legal case is costly so it’s best to reach an agreement.
The Florida DBPR launched a website to clarify condo law changes with educational resources, FAQs and other important information.
