The U.S. median existing-home sales price advanced 4.8% from January 2024 to $396,900, the 19th consecutive month of year-over-year price increases, NAR said.
NAR's "Preparing for Homeownership" guide helps buyers explore home choices, down payment options, available resources and much more.
Florida Realtors Chief Economist: “A new year usually brings with it a revival in the rate of homes being listed for sale; it certainly was the case this January.”
AI tools can speed up and automate data collection, review demographic trends and reduce the potential for human error in real estate market analyses.
Healthy homes are designed and constructed to improve indoor air quality, reduce allergens and be more energy efficient.
AI is being used in all aspects of real estate, from staging and valuations to appraisals and fraud detection, promising billions in value for the industry.
Overall housing starts decreased 9.8% in January, which is 1.8% lower than a year ago. Multifamily decreased 13.5%.
Redfin reports 3.7 months of supply in January, the most in six years. Florida ranks high for buyers, with six of the top 10 metros for inventory.
Florida led the nation in cash home sales in 2024, with West Palm Beach topping the list. However, the share fell across major Florida metros.
NAHB said builder sentiment fell to the lowest in five months due to concerns over tariffs, mortgage rates and housing costs.
