Newsroom Archive

ORLANDO, Fla. – What should consumers, Realtors® and policymakers expect when it comes to Florida real estate over the next year? After the unexpectedly strong years of 2020 and 2021 despite an ongoing pandemic, Florida’s housing sector in 2022 was affected by rapidly rising inflation and higher mortgage interest rates, Florida Realtors® Chief Economist Dr. Brad O’Connor told nearly 500 Realtors during the recent 2023 Florida Real Estate Trends summit.

ORLANDO, Fla. – As 2022 ended, Florida’s housing market looked similar to the more traditional market years prior to the pandemic in terms of total closed sales, though it fell short in the year-to-year compared to the unusually strong 2021 sales. The statewide inventory of for-sale existing homes and condo properties showed gains while statewide median sales prices continued to rise year-over-year, despite headwinds from inflation and higher interest rates, according to the latest housing data released by Florida Realtors®.

ORLANDO, Fla. – About 70% of American households share a home with at least one pet – mostly cats and dogs – and those furry family members have a lot to say in real estate decisions, according to consumer studies.

ORLANDO, Fla. – Press print for a home? More consumers are interested in the possibility. Of more than 3,000 consumers in a survey, 66% would consider living in a 3D printed home, according to realtor.com.

ORLANDO, Fla. – Credit scores take a hit after a homebuyer takes out a mortgage, but usually rebound within a year, according to a recent study from Lending Tree, on online lender.

ORLANDO, Fla. – Since the pandemic, Americans want more room and more social distance from their neighbors.