Florida Realtors News
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The lock-in effect is starting to ease because Americans are growing accustomed to elevated rates, and for many, it’s not realistic to stay put forever, Redfin said.
Interior design trends for 2025 include bold kitchen cabinets, stained wood, statement ceilings and brass, bronze and copper metal fixtures, one expert says.
Equity-rich homeowners are opting for HELOCs because these lines of credit come with variable interest rates and are tied to Federal Reserve policy.
While all forms of rent payment come with some element of risk, payment apps like Zelle or Venmo might lack the protections offered by traditional methods.
Single and divorced people are more likely to make certain sacrifices to afford rent and mortgage payments than people who are married, according to Redfin.
A new study also found homeowners spend an average of 6.9 hours weekly on repairs and maintenance, totaling more than 1 year and 83 days over a 30-year mortgage.
At 4.06 million, the annual pace of 2024’s existing-home sales was the lowest number recorded since 1995, when it was 3.85 million.
Floridians begin the year with improved views about current economic conditions but concerns about the future, a UF analyst said.
The United Kingdom accounted for an estimated 1.143 million visitors to Florida in 2023, below the estimated 1.334 million visitors in 2019.
The proposed budget includes several Florida Realtors priorities such as elimination of the Business Rent Tax and more money for the Hometown Heroes Housing Program.