AI and digital tools like eSignature, social media and drones are increasingly used in real estate, with clients responding positively, NAR finds.
Realtor.com’s report shows the U.S. market peaks Oct. 12–18 for buyers, while Florida’s best deals arrive late Oct.–Dec. with more listings and lower prices.
At the Florida Realtors Convention, Chief Economist Brad O’Connor said home sales remain slightly below last year's while prices stay well above pre-pandemic levels.
U.S. housing starts fell 8.5% as affordability slowed single-family construction, but lower interest rates may boost future building.
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Wealthy buyers are opting for homes that balance convenience, style, and investment value rather than size and can be purchased in cash.
With mortgage rates easing and home prices slowing, affordability has increased 3.1% YOY across the U.S. However, conditions remain well below pre-pandemic norms.
U.S. homeowners’ median monthly costs rose 3.8% to $2,035 in 2024, with mortgage holders spending 21.4% of income as rents climbed 2.7% to $1,487.
Jonathan Lickstein, COO of LoKation Real Estate, shares at the Florida Realtors Convention how AI helps his agents streamline tasks, nurture leads and stay efficient.
Real estate scams are on the rise, from wire fraud to fake rentals. Verify wiring instructions, check property records and be cautious with unsolicited emails.
