Florida Realtors News

25% of Austin and Seattle listings cost buyers less monthly now than they did one year ago as falling prices counteract interest rates. But that’s less true in Fla.

Buyers haggle to keep costs down – but home selling price isn’t most important. For bigger savings, buyers should compare mortgages and negotiate better terms.

Mobile owners pay rising rents and live in fear that their land rental could be sold to a developer. Buying the park and going co-op gives them peace of mind.

Everyone gets old, and a population wave of higher-income baby-boomer buyers wants to age in place. For many of them, that means a home elevator.

At one time, networking was a room full of people chatting and exchanging business cards. Today it can be online, with LinkedIn a top place to do it.

An inflation measure the Federal Reserve uses rose 0.3% month-to-month and 4.6% year-to-year, raising the likelihood of another rate increase in May.

Homebuyers can secure flood insurance right away, but most current homeowners face a 30-day waiting period – and the 2023 hurricane season begins June 1.

Number of buyers looking within their metro dropped 15.6% in 1Q, but the number looking elsewhere fell only 4.2%. Fla. has 5 of top 10 want-to-move-to metros.

President Biden approved a major disaster declaration and FEMA assistance for Broward County. Fort Lauderdale may also offer $5,000 per household.

A one-two punch – value declines due to higher interest rates, and lower office and retail demand – has created the biggest commercial challenge since the 1970s.