2 of 3 Fla. Homes on Market Less than 30 Days
Florida Realtors economist: In 1Q 2022, half of new Fla. listings went under contract in 12 days – but look beyond that one statistic to see the shift in market speed.
New Yorkers and Californians Flock to Florida
Fla. rents are up because demand is up, and new residents boost demand. In 2020, 167 people moved in for every 100 who left. In 2021, the inbound number was 210.
Economic Survey: Mild Recession, Much Disagreement
If there is a slump, most economists predict it will be relatively mild – and a majority believe the odds are greater than 50% that the U.S. won’t see a recession at all.
Hurricane Tax ‘Holiday’ Adds Pet Supplies
Fla.’s sales-tax “holiday” on hurricane supplies starts this Saturday, and for the first time it includes pet supplies, including some bags of pet food and cat litter.
April New-Home Sales Drop Unexpected 16.6%
Pundits expected a slight drop in April new-home sales. NAHB’s chair calls the drop significant and cites the higher cost of new construction and rising interest rates.