Blogs
The Income Required to Own a Home in Florida
Housing prices remain high and mortgage rates are not low, making homeownership challenging. A study shows income needed to buy a home varies by state, with Iowa being the cheapest and Florida requiring a median income of $115,000. The market is becoming more buyer-friendly, with fewer homes selling above list price and more price drops […]
Will Florida Sustain Its Housing Appeal?
Coastal metros see stronger gains from international and retiree demand. Central Florida benefits from relocation and diversified employment growth. Vacation-rental dynamics create localized investor demand and pricing variance. Insurance and climate risk will influence long-term buyer behavior.Gov. DeSantis says he’s still working on property tax rebates for Florida homeowners
Gov. Ron DeSantis is pushing for a property tax rebate of up to $1,000 for Florida homeowners with homestead exemptions, aiming to send checks by the end of 2025. Despite his efforts, legislative budget leaders have not seen a formal proposal. The Legislature is focusing on smaller tax cuts, and final budget negotiations are ongoing, […]Report: Materials impacted by tariffs raising home construction price
Rising construction material prices in Florida, driven by tariffs and supply issues, are increasing home and roadbuilding costs. Lumber, gypsum, and fabricated metal prices have surged, causing a 4% overrun in affordable housing projects. Despite higher costs slowing home sales, Florida's construction industry is expected to grow 7% in 2025, focusing on mixed-use and infrastructure […]
Why Florida Buyers Find Fresh Reasons to Move
Slide 1 Florida homebuilder sales just rose 2%, marking a surprising turnaround after years of slowdown. Slide 2 Move-up home sales jumped 18%, while active adult communities are performing especially strong. Slide 3 Median home prices are down 10% in two years, luring hesitant buyers back. Slide 4 Single-family permits dropped 11%, but multifamily permits […]
Buyers Adjust Focus as Florida Market Cools
Florida remains a major Southern Real Estate market, though Mid-Atlantic ZIPs now lead in 2025. Buyers seek suburban amenities, lifestyle perks, and affordability relative to local metros. Inventory remains tight, keeping homes selling quickly in popular ZIP codes. Florida’s coastal and urban-adjacent areas provide competitive Real Estate conditions for buyers. Post-pandemic demand has cooled, shifting […]Florida Legislature Expanded Residential Buyer Protections
Florida's 2025 Legislature passed several bills enhancing mandatory seller disclosures in residential real estate sales, effective July 1, 2025. Condominium sellers must now provide additional documents, including the current budget, with buyers given seven days to cancel contracts after disclosure. Sellers must disclose flood damage knowledge by contract signing. New laws require builders to warranty […]