Florida Real Estate News

Feb. 24, 2020

Florida Realtors: January Single-Family Sales Up 17.9%

Florida condo-townhouse sales were up 14.5% year-to-year. The statewide median price for single-family homes rose 6% to $265K, and condo-townhouse prices up 9.6% to $200K.

ORLANDO, Fla. – Florida’s housing market started the year off on a positive track, with more closed sales, higher median prices, more pending ...

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Feb. 21, 2020

Florida Will Offer Vets Housing Assistance Via $8M Program

A program under the Florida Housing Finance Corporation will offer down payment and closing cost assistance programs, coupled with low-interest-rate first mortgages.

PENSACOLA, Fla. – Florida Gov. Ron DeSantis announced a “Salute Our Soldiers” Military Loan Program (SOS) for veterans and active duty military personnel throughout the state following a ...

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Feb. 13, 2020

Florida's Home Sales and Median Prices Show Gains at End of 2019

Florida Realtors data: Single-family sales up 5.9%, median price up 3.7% year-over-year while condo median price up 3.8% over 2018’s end. Condo sales eased slightly, down 0.8%, compared to a year ago. A growing economy and strong jobs outlook bode well for 2020.

ORLANDO, Fla.  ...

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Feb. 4, 2020

Real Estate Directly Responsible for 16% of Florida’s Economy

Myth: In Fla.’s economy, citrus is second to tourism. Fact: Real estate sales and leasing are far-and-away Fla.’s No. 1 industry. It makes up 16% of the state’s economy ($173B per year), according to an analysis of North American Industry Classification System (NAICS) data.

TALLAHASSEE, Fla. – Myth ...

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Jan. 27, 2020

Q&A: Can Condo Association Rules Override Florida Law?

A condo board decided not to list directors’ names with their votes, using only “3-yes, 2-no,” instead; another board charges background-check fees that appear illegal.

STUART, Fla. – Question: In our Association Board meeting minutes, the vote of each director has always been listed by name. Such as Director ...

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Jan. 24, 2020

Expect Florida's Economy to Grow, Continue Strong in 2020

Florida Realtors Real Estate Trends summit: The U.S. economy is doing quite well – and Fla.’s economy is doing even better, economic experts told more than 400 Realtors at the 2020 summit. Factors that fueled fears of a possible recession have mostly faded.

ORLANDO, Fla. – The U ...

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Jan. 23, 2020

Florida Realtors: Single-Family Sales Up 23.8% in December

Florida condo-townhouse sales were up 17.7% year-to-year. The statewide median price for single-family homes rose 5.9% to $270K, and condo-townhouse prices were up 8.1% to $200K. Pending inventory and new pending sales also rose statewide in both categories.

ORLANDO, Fla. – The holiday season was a time ...

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Jan. 15, 2020

2020 Real Estate Trends: What’s Ahead for Florida Real Estate?

Real estate helps drive growth, so insight into 2020 trends is valuable to Realtors and policymakers who should plan to attend the Florida Realtors’ event on Jan. 23.

ORLANDO, Fla. – Real estate helps drive Florida’s growth, and figuring out what lies ahead in 2020 is a key question for ...

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Jan. 10, 2020

Buy Vs. Rent: U.S. Evenly Divided but Buy Is Better in Florida

ATTOM: In 47% of U.S. markets, it’s better to rent than buy – but buying is better in most Fla. high-population counties, including Miami-Dade, Broward and Hillsborough.

IRVINE, Calif. – Jan. 9, 2020 – ATTOM Data Solutions’ 2020 Rental Affordability Report finds a fairly even split nationally on whether ...

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Jan. 6, 2020

UF: Floridians Remain Confident Heading into the New Year

The Dec. sentiment index rose to 100.1 from Nov.’s 99.4. Many respondents were optimistic about U.S. conditions now and in the future, but a bit less so about their own.

GAINESVILLE, Fla. – As Florida’s unemployment rate reached a historic low, consumer sentiment among Floridians increased ...

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