Home prices rose 3.8% in November 2024, up from 3.6% in October. Experts predict a slowdown in 2025 as mortgage rates rise. Tampa saw a 0.4% decline.
Do your sellers have questions about the process? NAR’s latest Consumer Guide provides straightforward and helpful answers.
In last of our three-part series, Florida Realtors takes a deep dive into the future of Florida’s housing market and the impact of wealth.
In its fifth season, the docuseries follows rookie home shoppers as they navigate complex transactions with the help of agents who are Realtors.
In this first of a three-part series, Florida Realtors explores migration trends that drove up Florida’s median home prices over 50% from 2020 to 2022.
Realtor.com: The number of newly listed homes rose 37.5% month-over-month. Florida has three of the five markets in the U.S. with the highest share of price cuts.
Homes are taking longer to sell largely because housing costs are so expensive and there’s a limited supply, Redfin said. It’s the slowest pace in 5 years.
All four U.S. regions saw month-over-month transaction losses, NAR’s chief economist said. High mortgage rates haven’t reduced demand, thanks to more cash deals.
Real estate pros can stand out by specializing in a niche and using the 5-5-5 strategy: calls, messages and meetings to build leads and client trust.
Some buyers are looking for better deals to counter higher mortgage rates. Seller concessions cover certain costs associated with a home purchase.
