Homebuyers are increasingly looking to build smaller, more affordable homes. The average size of a new-build home in 2023 fell to the smallest size since 2010.
Net general revenue in Feb. totaled nearly $3.538B, up $217.M, or 6% higher than projected. Analysts said the sales-tax portion could be misleading.
State leaders said funding for hurricane-damaged homes, new workforce housing, and infrastructure repairs and upgrades can help dozens of Florida counties.
Consumer optimism among Florida residents dipped in February on views about personal finances and expectations over the national economy, UF economists said.
Real estate professionals should be aware of unconventional home buying options such as co-purchasing with non-romantic partners.
Recent gains in the stock market have driven a surge in the luxury market. At the same time, other potential buyers are struggling due to high interest rates.
The month of April is recognized as Fair Housing Month, underscoring the ongoing commitment to eradicate discriminatory housing practices across the U.S.
Phase inspections, or inspections during a new build, help address potential problems. Qualified home inspectors should be trained in new-home construction.
Florida Realtors supports the My Safe Florida Home Program, which provides eligible homeowners with resources before and after storms.
The modest sales growth nationally (1.6%) demonstrates the slow and steady progress in the market. Contract signings also climbed in the South month over month.
