Florida Realtors News

For the first time in state history, the median sale price for Florida exceeded that of the national number and has stayed there for several months.

More than half of luxury homebuyers would be unlikely to make an offer on a home with an outdated kitchen. They want kitchen islands and upgraded appliances.

The Fed's rate hikes have slowed the housing market, but home prices remain near record levels because home values are not driven just by interest rates.

Rising bond prices have pushed down treasury yields, which can ultimately drive down mortgage rates. But some investors say the relief could be short lived.

Borrowers with federally backed mortgages in parts of South Florida, and soon all Citizens customers, must buy flood insurance.

The Florida Office of Insurance Regulation (OIR) reported a downward trend in requests for homeowners’ insurance rate increases, and Citizens policies are decreasing.

Today (June 18) is the deadline for MLSs and brokerages to opt in for the NAR settlement. Read the important instructions below.

Learn as much as you can about the owner and home before the first meeting and make sure you know all of the local market trends.

Early results from the University of Michigan’s consumer sentiment index show sentiment is currently about 31% above the trough seen in June 2022.

Some strategies to close the racial gap in homeownership rates include down payment assistance and federal housing programs for Black descendants of slavery.