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Category Archives: Florida Realtors

Fla.’s Housing Market: More Sales, Higher Median Prices in Feb. 2021

Florida RealtorsBy March 22, 2021

Florida Realtors’ data: Single-family home sales rose 15.7% year-over-year, median sales price up 16.6%; condo sales up 28.7%, median price up 16.6%. Chief Economist O’Connor: Fewer new listings and a tight inventory means a strong seller’s market.

NAR: Feb. Home Sales Down, Prices Way Up

Florida RealtorsBy March 22, 2021

Feb. existing home sales fell 6.6% month-to-month, but they were up 9.1% year-to-year. Median prices, however, rose 15.8% higher when compared to Feb. 2020.

RE Commission Structure: It Serves Public, Says NAR President

Florida RealtorsBy March 22, 2021

In a strong statement, NAR Pres. says the current commission structure “ensures greater equity and equality for first-time, low-income, and many other homebuyers.”

Walking the Walk: Housing Equity in Practice, Not Just Theory

Florida RealtorsBy March 22, 2021

The new national focus on discrimination convinced some businesses to take assertive, tangible steps to boost housing equality, such as creating new company policies.

NAR to Members: Don’t Panic Over PRO Act

Florida RealtorsBy March 22, 2021

A bill passed by the U.S. House could affect Realtors who are independent contractors, but NAR says it’s working with senators to include a Realtor exception in the bill.

Hospitality Industry Expects a ‘Vaxication’ Turnaround

Florida RealtorsBy March 19, 2021

While the pandemic hit the hospitality industry hard, it expects a big rebound if newly vaccinated Americans over-compensate for vacations they lost out on in 2020.

Home Flipping – and Profit Margins – Lower in 2020

Florida RealtorsBy March 19, 2021

The 2020 real estate market wasn’t ideal for home flippers who buy homes, fix them up and resell. ATTOM’s 2020 report found that fewer home flips were funded by fewer mortgages. And while gross profits went higher, profit margins dipped for the third straight year.

Some Fla. Agents See a ‘Mass Migration’ from Calif.

Florida RealtorsBy March 19, 2021

Pandemic relocation numbers aren’t out yet, but agents across Fla. report a higher number of new clients are Californians looking for a less expensive lifestyle.

New-Home Costs Skyrocketing – and Not Just Due to Lumber

Florida RealtorsBy March 19, 2021

While lumber costs deserve a lot of the blame for the rising price of new homes, other things – crude oil (paint), drywall, ceramic tile – are also more expensive.

For Many Buyers, Luck and Superstition a Top Concern

Florida RealtorsBy March 19, 2021

Survey: 2 out of 5 (38%) buyers say they rejected a listing because it didn’t feel quite right – and 50% would blow their budget for one that felt lucky.

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