News Archive

First-generation condo buildings along Florida's waterways are ripe for demolition to build anew, developers told NPR. But, they said, it's difficult to convince owners to sell. 

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NAHB: Single-family starts will grow in 2024, but builders will face growing challenges with building material cost, availability and lot supply.

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A reduction in the state’s business lease tax – from 4.5% to 2.0% – is expected to take effect in June, weeks earlier than originally planned.

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Moody's Analytics found an uptick in vacant office space in 4Q 2023 due to shifting work habits, overbuilding and lingering effects of the pandemic, the Wall Street Journal reported. 

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FREC adopted a rule to implement a portion of Senate Bill 264 entitled Interests of Foreign Countries. 

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Homeowners are increasingly coming to terms with higher interest rates and aren't waiting to sell, Redfin found.

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Property data analytics company ATTOM said foreclosure starts increased from 2022, but completions declined. The company said the increase is a market correction.

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Applications for Florida Realtors Board Certified Professional endorsement open Tuesday, Jan. 16, 2024. The endorsement showcases the highest level of professionalism, achievement and ethical standards. Applications close March 31, 2024.

 

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The Consumer Financial Protection Bureau (CFPB) advised consumer credit reporting companies against providing false, incomplete and old information.

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Economists say more than half the increase in prices from November to December reflected higher housing costs, but consumers remain confident in seeing 3% inflation.

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