Florida Realtors News
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U.S. single-family home starts fell 7% in June after four consecutive increases, but permits – an indication of future home builds – were up 2.2%.
The Fla. Legislature’s demographic office says that the state had 22.6M Floridians in April, and predicts it will have 25.1M by April 2032 – an almost 11% increase.
A federal hidden-fees initiative led major rental websites to announce “total rental fees” notices early in the process: Zillow, Apartments.com and AffordableHousing.com.
With the tight inventory of existing homes, the market remains solid for builders, and the index measuring attitudes moved one point higher to 56 from June’s 55.
Retirees beware if seeking peace and quiet: In 2022, Tampa was one of the top 10 U.S. cities favored by both millennials and Gen Zers, according to SmartAsset.
As a percentage of all homes, it’s the lowest one in at least a decade. In the suburbs, it’s a bit higher at 1.6%, but that’s one-third less than the 2.4% in 2019.
An American Heart Association peer-reviewed study finds that Blacks still living in once-redlined districts have an 8% greater chance of heart attacks.
Over two years, Fla. home prices rose 35.16% – the highest increase on the East Coast – with Ga. and the Carolinas seeing something just short of 30%.
Analysts are trying to find out why the senior-housing occupancy rate is in decline. Many think work-at-home changes play a part – and perhaps fear of another pandemic.
Best lender for lower mortgage rates? PenFed Credit Union. Best mortgage lender – AmeriSave. Best mortgage refinancing lender – New American Funding.