Builder Sentiment Unchanged in April
Florida Realtors | April 15, 2024
The April NAHB/Wells Fargo HMI survey showed that 22% of builders cut home prices in April, down from 24% in March and 36% in December 2023. Read more
Prices Top Location in Dream Home Purchase
Florida Realtors | April 15, 2024
A national survey showed 39% of consumers plan to move, and Florida is among the top destinations. About 13% prefer ranch-style homes. Read more
Should Homebuyers Wait for Lower Mortgage Rates?
Florida Realtors | April 15, 2024
Today’s average rate on a 30-year home loan is just under 7%, not far from the historical average. Still, some homebuyers say they’re waiting for rates to drop. Read more
New Foreign Buyer Rules for Ag Land Take Effect
Florida Realtors | April 15, 2024
The Florida Department of Agriculture’s finalized rules regarding foreign-buyer registration for agricultural property ownership took effect April 4. Read more
The Basics of Home Flipping
Florida Realtors | April 15, 2024
Potential flippers should understand the process of home flipping before jumping in. Some of the common unknowns include the tax benefits. Read more
Business Rent Tax Reduction Set for June
Florida Realtors | April 15, 2024
A cut in the state’s commercial lease sales tax, from 4.5% to 2.0%, will begin on June 1, weeks earlier than originally expected. Read more
What Data Suggests for 2024 Homebuying Season
Florida Realtors | April 12, 2024
Inventory is likely to rise this spring and throughout the summer on schedule with traditional seasonal trends. Buyers should target the late summer or early fall. Read more
Higher Prices, Inflation Likely to Delay Rate Cuts
Florida Realtors | April 12, 2024
Fed policymakers need more confidence that inflation is steadily slowing to their target level before a rate cut. Interest rates affect mortgage rates. Read more
Preparing Your Business for a Flood
Florida Realtors | April 12, 2024
All businesses – big and small – should have a flood plan as part of their financial plan. Preparation is one way to ensure your company will survive. Read more