Florida Realtors’ data: Median prices up 18.3% for single-family homes to $355,000 year-to-year; up 17.2% to $255,000 for condos. Single-family home sales down 1.3% year-over-year; condo sales up 4.9%. However, Sept. 2020 saw a huge sales surge because the pandemic shifted transactions into summer and fall, says Chief Economist O’Connor.
14% of millennials would use home equity for a vacation compared to 3% of boomers. But 64% of boomers would tap it for home improvements, compared to 49% of millennials.
FHFA announced this week that remote appraisals for conventional loans – a temporary pandemic-era change – will become a permanent option starting in 2022.
The contest to recognize Realtors who serve their communities selects 5 Realtors each year. In 2021, Christina Sauger was honored for her work feeding those in need.
Rising lumber costs pushed new-home prices higher and higher. While that supply-chain problem is easing, however, other building materials are still in short supply, even as builders face a labor shortage and high buyer demand. The bottom line: New-home costs won’t plateau anytime soon.
Over the past 7 quarters, Tampa-St. Pete had the nation’s second-highest rent increases (23.7%), with Jacksonville No. 3 (up 23%) and Broward County No. 9 (19.5%).
Halloween topics, like trick-or-treating safety tips, can boost posts but even a consistent fall theme can increase engagement and create a feeling of mutual celebration.
The magazine’s 2021 list ranks Fla. metros in the top four spots– Sarasota, Naples, Daytona Beach and Melbourne – but 7 other Fla. metros also made it into the top 20.
The company that created realtor.com’s flood risk tab released a report by city and county. Fla. and Louisiana are top-risk states – but so are Kentucky and W. Virginia.
Under U.S. tax law, payers can have only one official residence, and lockdowns may have changed the state a vacation owner calls “home.” But it’s also not that simple.