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Two people jumping in the air on a grassy hill. Fla.’s housing market: New listings, median prices up in 1Q 2018

ORLANDO, Fla. – May 14, 2018 – Florida’s housing market reported slightly more new listings and higher median prices during the first quarter of 2018, according to the latest housing data released by Florida Realtors®. A shortfall of for-sale inventory continued to impact sales even as the number of owners listing their properties for sale inched up over the quarter; closed sales of single-family homes statewide totaled 60,204 in 1Q 2018, down slightly, 0.9 percent, from the 1Q 2017 figure. …continue

A gazebo in the middle of an ocean at sunset. What’s the best Florida city to be a real estate agent?

TAMPA, Fla. – April 25, 2018 – If someone chose real estate sales as a career, what U.S. and Florida cities offer the most opportunity?

WalletHub compared 179 U.S. cities using 18 indicators in a report, 2018’s Best Places to Be a Real Estate Agent. To come up with a ranking, it studied things like sales per agent, annual median wage for an agent and the city’s housing-market health index. …continue

Piggy bank and model house on dollars Rising rents pushing millennials to become homeowners

SANTA CLARA, Calif. – April 2, 2018 – This year, the typical spring buyer is on the hunt for a three bedroom, two-bathroom home with a garage and up-to-date kitchen, according to a new survey released from realtor.com. The survey also found that family needs and rising rents are motivating millennials to get into the market, while 55+ buyers are looking for privacy and comfort in their new home.
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A for sale sign with palm trees and a beach. NAR: Feb. pending home sales reverse course, rise 3.1%

WASHINGTON – March 28, 2018 – Pending home sales snapped back in much of the country in February, but weakening affordability and a lack of inventory restricted overall activity compared to a year ago, according to the National Association of Realtors® (NAR). …continue

A building that is being built in the middle of nowhere. FAU report suggests real estate cycle is hitting its peak

BOCA RATON, Fla. – March 13, 2018 – Current signs indicate that most U.S. housing markets are approaching a peak in the real estate cycle, but there’s little evidence to suggest prices will plummet as they have in the past, according to the latest national index produced by Florida Atlantic University (FAU) and Florida International University (FIU) faculty. …continue