January: Housing Starts Down, Building Permits UpWhile the number of housing starts declined 4.1% compared to Dec., the number of building permits – indicators of future housing-start numbers – rose 0.7%. …continue
January: Housing Starts Down, Building Permits UpWhile the number of housing starts declined 4.1% compared to Dec., the number of building permits – indicators of future housing-start numbers – rose 0.7%. …continue
Realtor.com: National Rent Growth Hits Double-Digits in Aug.Aug. report: Rental prices hit double-digit growth for the first time in two years and grew three times faster than in March 2020, prior to the pandemic. Over half of the 50 largest metros reported rents with double-digit gains over last year, including Tampa, Miami and Orlando. …continue
Demand for Vacation Homes Falls: First Time in a YearIt’s too soon to call it a trend, but the pandemic-driven push for vacation homes appears to be slowing as an increasing number of buyers search for year-round homes. …continue
Fla. Introduces First ‘Freedom Week’ No-Sales-Tax EventFrom July 1 to July 7, 2021, Fla. consumers can skip sales taxes on fun-time items, such as entertainment admissions, sporting equipment and camping supplies. …continue
NAR: Vacation Home Sales Rose 16.4% in 2020Lee County tops NAR’s list of U.S. counties for the highest increase in vacation home sales, with Collier County also making the top 10 list. In 2020, vacation home sales were 5.5% of total existing-home sales; in 2019, they were 5%. Vacation home median prices were up 14.2%.
…continue