Today's listing activity seems to jump compared to 2023, but the numbers aren’t properly comparing the broader historical context.
A tropical disturbance caused flash floods in South Florida. The disaster relief fund is available to Realtors, Realtor boards/associations and their staff.
Redfin said declining mortgage rates could bring back demand. Three Florida cities have seen some of the biggest decreases in pending sales.
The new budget includes significant funding linked to Florida Realtors' legislative priorities, including $100 million for the Hometown Heroes Housing Program.
The current sentiment reflects pent-up frustration with the overall lack of affordability, one economist said. However, sales activity is expected to increase.
The National Association of Realtors said the policy revision will allow veterans to continue to be competitive in the homebuying market.
One expert said there are opportunities for high-quality properties, but investors need to ride out the short-term risks.
Millennials have become the largest home-buying group but wait longer to buy, starting at age 35. Gen-Z buy homes earlier, starting at age 25.
The gap between Black and white homeownership rates closed over the pandemic, but disparities remain.
NAR kicked off its fundraiser for its Realtor® Relief Foundation with a $1M goal. Florida Realtors is also seeking donations for its Disaster Relief Fund.
