Florida Realtors News

Real estate professionals say new construction is offering attractive incentives as the housing market stabilizes. The shifting market has given buyers more options.

A new report from NAR found a rise in first-time buyers across all generations. Leading the charge were younger millennials, age 25 to 33.

Buyers in Florida’s booming luxury market are seeking properties with smart home technology, access to nature and sophisticated security systems.

The Florida Office of Insurance Regulation’s (OIR) said the state’s insurance market is continuing to strengthen with more carriers.

Colliers: The U.S. vacancy rate rose from 11% in late 2019 to 17% today, higher than during the 2008 financial crisis. As leases expire, it could mean more office sales.

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.

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.

Turnkey properties, popular among real estate investors, allow for passive income streams but often may come with hidden costs.

State leaders said funding for hurricane-damaged homes, new workforce housing, and infrastructure repairs and upgrades can help dozens of Florida counties.

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