Analysis: It’s Easier for Buyers to Find a Home in Fla.ORLANDO, Fla. – The inventory of for-sale homes has hit a record low, but many Florida metros aren’t suffering as much as other areas of the U.S. When mortgage rates dropped in late 2019, some buyers scrambled to secure a home before rates rose again, sending an already tight inventory into an evener tighter inventory, according to a realtor.com analysis. …continue
Fla.’s Vacation Home Rentals Contribute $27.4B to EconomyTALLAHASSEE, Fla. – A new report commissioned by Florida Realtors® shows the economic impact of Florida’s vacation rental industry exceeds $27 billion. …continue
Real Estate Directly Responsible for 16% of Fla.’s EconomyTALLAHASSEE, Fla. – Myth: In Florida’s economy, citrus is second only to tourism.
Fact: Real estate sales and leasing are far-and-away Florida’s No. 1 industry.
Real estate is 16% of Florida’s economy ($173 billion per year), …continue
Florida Realtors: Single-Family Sales Up 23.8% in DecemberORLANDO, Fla. – The holiday season was a time of good cheer for Florida’s housing market, with more closed sales, higher median prices and increased pending sales, plus more pending inventory in December 2019 compared to a year ago, according to the latest housing data released by Florida Realtors®. …continue
Fla. Agrees to Acquire 20K Acres of Everglades WetlandsFORT LAUDERDALE, Fla. – Gov. Ron DeSantis announced that the Florida Department of Environmental Protection (DEP) reached an agreement with Kanter Real Estate LLC to purchase 20,000 acres of critical wetlands in Water Conservation Area 3 (WCA 3) – an area on the western side of Broward County in the Everglades Protection Area. It’s Florida’s largest wetland acquisition in a decade. …continue
