Florida Real Estate News

Jan. 4, 2021

2021 Florida Real Estate Economy: To Plan, You Must First Understand

Florida's residential and commercial markets have synergy: Changes in one impact the other. Florida Realtors’ economists will explore their business bond in a Feb. 4 webinar.

ORLANDO, Fla – 2020 brought dramatic changes as Americans quickly leveraged technology to connect to office headquarters, stores and to each other. In ...

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Jan. 4, 2021

Relocators Head to Sunny Sites – 5 Florida Cities in Top 20

Report: Of the top 20 cities preferred by relocating Americans, 17 offer sunny, warm weather – and that list includes 5 Fla. metros from Tallahassee to Fort Myers.

ORLANDO, Fla. – According to a report from relocation services provider Updater, 17 of the top U.S. 20 cities for inbound ...

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Dec. 23, 2020

Florida's November Housing Market: Sales, Median Prices, New Listings Up

Florida Realtors’ data: Single-family home sales are up 22.9% year-over-year, median sales price up 14.1%; condo sales up 30.2%, median price up 16.9%. Chief Economist O’Connor: All 22 of Fla.’s metros saw gains in closed sales – but inventory remains far below normal levels.

ORLANDO ...

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Dec. 9, 2020

‘If I Wait, Home Prices Will Come Down’ – but Will They?

Market predictions are difficult, and 2021 has wild cards. Will the pandemic end? Will a host of sellers list their home if they think it’s safe again? Still, prices and interest rates will probably keep rising next year, and most experts say it’s smart to buy sooner rather than later ...

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Dec. 4, 2020

Naples real estate market sees another record month in closings

According to the October 2020 Market Report, released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), the Naples real estate market continues to see strong demand in both the single family and condominium markets.

Buyers are getting a ...

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Nov. 20, 2020

Florida's Housing Market: Sales, Median Prices, New Listings Up in October

Florida Realtors’ data: Single-family home sales up 26.9% year-over-year, median sales price up 15.6%; condo sales up 30.3%, median price up 15.9%. Chief Economist O’Connor: Strong and persistent demand, coupled with worsening inventory shortages, continued to drive up home values.

ORLANDO, Fla. – Florida’s ...

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Nov. 13, 2020

Florida's Housing Market in 3Q 2020 Shows Strength Amid Pandemic

Florida Realtors’ data: Single-family home sales up 13.7% year-over-year, condo sales up 13.5%; 3Q median sales price up 13.2% in both categories. Chief Economist O’Connor cites pent-up buyer demand and record-low mortgage rates as “driving factors.”

ORLANDO, Fla. – Florida’s housing market reported strong gains ...

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Nov. 11, 2020

Record Year for VA Loans Creates Opportunities for Realtors

Florida Realtors’ economist: Florida celebrates Veteran’s Day today and all year. In 2020 so far, Fla. moved up a spot in VA loan rankings (to No. 2) after passing Texas. Across the U.S., the number of VA-backed loans has nearly doubled, with refinances leading the surge.

ORLANDO, Fla – ...

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Nov. 3, 2020

How Many Snowbirds Will Return to Florida? And When?

Restaurants and real estate rely on the yearly migration, but tourism bureaus rarely track numbers. While fewer Canadians may come, it’s unclear what to expect.

FORT LAUDERDALE, Fla. – The annual migration of snowbirds to South Florida has begun, but you may not notice. As COVID-19 cases spike across the ...

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Oct. 23, 2020

Florida's Housing Market: More Sales, Rising Median Prices in September

Florida Realtors’ data: Sales, median prices, new pending sales and new listings rose year-over-year. Single-family sales up 22%; condo sales up 25.3% – and in a milestone, 2020 single-family sales over last 9 months beat the same timeframe in 2019, says Chief Economist O’Connor.

ORLANDO, Fla. – In September ...

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