New Construction? S. Fla. Is Almost Out of Land
A South Florida Sun Sentinel study found that less than 1% of vacant land can be developed in Broward and Palm Beach counties – mainly scattered individual lots.
Single-Family Rents See Record Growth
U.S. rent grew 11.5% year-to-year, according to a CoreLogic index, with the Miami metro area leading the nation at 33%, and the Orlando area No. 5 at 15.9%.
3 Fla. Counties More Likely to See Foreclosures
Most homeowners have equity, and at-risk ones will likely sell rather than face foreclosure. But an ATTOM study suggests that’s less true in a few U.S. areas.
What’s Changing for Fla. Real Estate?
2022 RE Trends panel: Big and small biz relocations, plus the here-to-stay wave of untethered remote workers, will impact Fla.’s markets for years to come.
Daytona Mayor Wants More Short-Term Rentals
While some Fla. cities prefer to limit short-term rentals, Daytona Beach’s mayor sees expansion into a core tourist area as a way to improve the neighborhood.
How to Groom and Grow a Facebook Page
Facebook provides an effective and free way to market a real estate business – providing agents maximize their chances for success.
HUD Report Card: 2021 Policy Changes
According to HUD, it took “bold actions” over the past year, and it created a one-page list of the updates that will have an impact on the U.S. housing market.
RE Trends: What’s Driving Fla. Buyer Demand?
2022 Real Estate Trends: Millennials are prime homebuyers for years to come and interest rates will rise. This year’s wild cards? Inflation and unexpected virus variants.
NAR: 2021 Existing-Home Sales Highest Since 2006
Dec. sales rose 8.5% year-to-year but fell 4.6% month-to-month. NAR economist calls it “a sign of supply constraints” rather than “weakened demand for housing.”
2021 Fla. Housing Market: Strong Gains Despite COVID
Florida Realtors’ Dec., 4Q and 2021 data: Year-end single-family sales up 12.9%, median prices up 20% ($348K); condo sales up 34.2%, prices up 17.2% ($252K).