In Q4 2024, Florida had 60.7% equity-rich homes, down from 62% in 2023, with Miami-Dade leading at 64.4% and few underwater properties statewide.
Florida renters will soon benefit from 13,591 new single-family homes for rent, which are currently under construction across the state.
The legal webinar will help Realtors navigate upcoming changes to robocall and robotext rules, providing best practices for members to implement in their businesses.
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.
The uptick in new listings, along with slow sales, is contributing to a growing pool of supply for homebuyers to choose from, Redfin said.
NAR’s new Consumer Guide helps sellers understand home pricing factors, comps and value-boosting steps. View all 21 guides at facts.Realtor.
Equity-rich homeowners are opting for HELOCs because these lines of credit come with variable interest rates and are tied to Federal Reserve policy.
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.
Fifteen Realtors from across the state will enhance their leadership skills and learn more about Florida Realtors through a number of activities and sessions.
