Florida Realtors News

Imagine: Future buyers will create an avatar and take an agent-guided 3D virtual tour – but the virtual agent’s answers, while correct, will be AI-generated by ChatGPT.

1,000-plus Realtors traveled to Tallahassee this week and talked to lawmakers about Fla. issues, such as affordable housing, water quality, insurance and more.

Gov. DeSantis signed SB 102, the broad-based pro-housing bill backed by Florida Realtors, into law on Wed. It “does so many amazing things,” says Pres. Mike McGraw.

Dear new Realtors: Solid, well-placed content can grow your business – but where do you start? The overall goal is to get a regular audience to trust you.

Pending sales – homes under contract but not yet sold – rose 0.8% month-to-month in Feb. with only the Western region seeing a decline.

HUD is sending $116M in Continuum of Care awards to Fla. so 313 agencies can help people in temporary shelters and encampments move into stable housing.

Increases vary by county and property, but only a few condo owners could see a discount. Some Panhandle and non-coastal counties may see the biggest increase.

NAR study: In 2022, boomers made up 39% of buyers (29% in 2021) while millennials made up only 28% (43% in 2021). The main reason? Boomers had more money.

The confidence index rose from 103.4 (Feb.) to 104.2, with future outlooks rosier than current ones. Many consumers plan to cut down on “highly discretionary” spending.

Jan. prices rose 3.8% compared to 5.6% in Dec., in part due to up-and-down mortgage rates. But Miami ranked No. 1 with a 13.8% jump, with Tampa No. 2 at 10.5%.