Existing home sales saw the largest monthly increase in a year nationally, NAR said. The median price in the South was $354,200, up 4.1% from last year.
Homeowners and potential buyers are looking for features that allow them to enjoy the outside of their homes as much as the inside. Among them are backyard pickleball courts and weather-resistant landscaping.
Single-family sales up 2.2% YoY, median price up 5.1% ($415K), condo median up 3.2% ($325K). New listings and inventory up in both property categories.
In-home firewood displays have become a popular trend and can cost up to $5,000 to create a resort-like feel. The displays provide a natural element in the "modern-farmhouse" style of the 2010s.
Two Realtors from Florida are among the finalists for NAR’s 2024 30-Under-30 class. Voting for the Web Choice Winner opens April 3.
NAR looked at the successes and challenges for women in homeownership. Some women, particularly those of color, still face multiple hurdles.
NAR issued a statement following inaccurate media coverage that included the false representation or suggestion the association requires a 6% commission.
Building name recognition for a new real estate business doesn’t have to include expensive campaigns. Rather, agents can utilize free tools that can be effective, including community outreach.
The rise in single-family housing starts in February are the highest since April 2022. In the South, combined single-family and multifamily starts are 15.7% higher than the previous month.
A new report from UF’s Shimberg Center for Housing Studies found Florida continues to have an affordable housing gap. A larger housing supply and more homeowner assistance is needed.
