Florida Real Estate News

Nov. 8, 2019

Florida's Housing Market Shows Positive Trends in 3Q

Sales, prices and pending inventory rose statewide year-over-year. Single-family sales up 8.1%, median price up 3.9%; condo sales up 2.2%, median price up 4.1%.  

ORLANDO, Fla. – Florida’s housing market experienced positive trends in 3Q 2019, with more closed sales, higher median prices, more pending ...

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Nov. 6, 2019

13% of all U.S. Realtors call Florida Home

Florida Realtors has 187K members and NAR’s membership hit a record 1.41 million. That means more than 1 out of every 10 U.S. Realtors works in the Sunshine State.

ORLANDO, Fla. – Florida Realtors has 187,000 members and the National Association of Realtors® (NAR) says that its ...

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Nov. 4, 2019

Taxes May Send More Buyers to Florida – but Not From New York

While Census data can’t clearly say Fla.’s up-tick in in-migration is due to lower taxes or more retirees, it suggests that Conn. and Mass. are top feeder markets.

ORLANDO, Fla. (AP) – In the first few months after the new federal tax law went into effect, Florida saw jumps ...

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Oct. 23, 2019

Florida's Housing Market Shows Positive Trends in September

September statewide single-family home sales rose 11.5% year-to-year, and the median price rose 5.3% to $256K. Condo sales rose 6.1%; median price up 5.8% to $193K.

ORLANDO, Fla. – During September, Florida’s housing market reported more closed sales, higher median prices and increased pending inventory compared ...

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Oct. 14, 2019

Out-of-Staters Often Overestimate the Cost of a Florida Home

Florida is a big state. Many people imagine only South Florida, but the state has miles of undeveloped coastline and a lot of smaller cities with relatively low housing prices.

NEW YORK – A number of housing markets in Florida are affordable – but not due to a downturn in ...

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Oct. 7, 2019

UCF Economist: Recession No Threat to Florida

ORLANDO, Fla. – Sean Snaith, director of the University of Central Florida’s Institute for Economic Forecasting, expects Florida’s economy to grow faster than the U.S. economy over the next three years.

His third-quarter economic forecast indicates that the state’s “powerful” economy will produce a higher percentage of jobs than ...

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Oct. 3, 2019

Study: Florida No. 1 in Welcoming New Residents

Lendingtree.com: In 2016, new residents brought $30.2 billion into Fla., with about 72% of that increased income coming from new residents age 55 and over.

NEW YORK – Using IRS data from 2016, LendingTree found Florida the most popular place to move. New residents that year bought in ...

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Sept. 16, 2019

NFIP Flood Insurance Expires at Midnight, Sept. 30

Buyers under contract may want to secure national flood insurance before the end of the month or find private coverage that’s accepted by their mortgage lender.

 

ORLANDO, Fla. – The National Flood Insurance Program (NFIP) expires at midnight on Sept. 30, 2019. Extensions have bipartisan support in Congress, but ...

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Aug. 29, 2019

Need Property Insurance to Close Tomorrow? Might be Too Late!

Lenders require property insurance before they’ll fund a mortgage, but most insurers stop issuing any policies when disasters are declared or it enters “the box.”

SOUTH FLORIDA – Florida is in Hurricane Dorian’s forecast cone, but it’s still not too late to buy or change your homeowners insurance.

Better hurry ...

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Aug. 22, 2019

Florida's Closed and Pending Home Sales, Median Prices Up in July

Florida Realtors President Sain: “Like the weather, July was a hot month for Florida's housing market.” Statewide existing single-family sales up 10.4% year-over-year, median price up 5.1% to $268K; condo sales up 4.3%, median price up 4.4% to $188K.

ORLANDO, Fla. – Florida’s housing ...

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