Florida Realtors Pres. Bonfiglio: Fla.’s market is “showing a more balanced and sustainable direction.” Closed single-family March sales up 5.9%, condo sales up 12%.
Earnest money shows buyers are committed and financially ready, helping sellers feel more secure about accepting an offer.
Lenders review income, savings, property value and credit to gauge risk. Knowing these can help buyers prepare before applying.
Common seller objections can slow a sale. Focusing on closed sales and current competition can help avoid stale listings.
Higher material and energy costs are slowing momentum. In the South, including Florida, conditions held steady as incentives remain widely used.
Nearly 6 in 10 parents are stepping in, often contributing $25K to $100K+ to cover down payments, closing costs or help buyers qualify in a tight market.
Single women now own far more homes than single men and lead in most U.S. metros, including fast-growing Florida markets where prices better match single incomes.
Florida Realtors released Spanish versions of two contracts as reference tools. State law requires contracts be in English, so translations aren’t binding.
As U.S. homes age, owners are investing more in updates and repairs, creating opportunities to improve value and extend a home’s lifespan.
The settlement, if approved by the court, reaffirms prior practice changes and would release members, state and local associations, and more from liability.
