Florida's home inventory is finally declining after 110 weeks of continuous growth, signaling fewer urgent sellers. Despite a construction boom, rising mortgage rates, reduced migration, and higher prices have dampened demand. Listings peaked in spring but have since dropped due to fewer new listings and more delistings. While inventory falls, demand remains low, with longer […]
Florida's "Live Local Act" allows developers to bypass local zoning to build affordable housing on commercial or industrial land, requiring 40% affordable units and offering tax incentives. The 2025 update expanded eligible properties and allowed churches to build housing. While it accelerates development amid a housing crisis, critics warn it undermines local control, historic preservation, […]
Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest known root of Halloween, occurred on this day. In the eighth century, Pope Gregory III designated November 1 as a time to praise all saints. Soon, All Saints' Day incorporated some traditions of Samhain and the evening before was known […]
Well maintained 2/2.5 in MetroWest. Stonebridge Lakes is close to major freeways, grocery stores, drug stores, dining, shopping, and several entertainment venues. This professionally maintained gated community has a swimming pool with cabana. All stainless steel appliances, and corian counter tops. The kitchen opens up to a large Great Room with sliding doors in the […]
Slide 1: Florida real estate shows stable growth, projected 3–5% annual appreciation through 2026. Slide 2: Strong rental yields, steady appreciation, and favorable taxes attract both new and international investors. Slide 3: Home prices climbed 67.6% in five years, demonstrating impressive long-term appreciation potential. Slide 4: Zero state income tax and sunny climate keep migration […]
This recently renovated 4-bedroom, 2-bath home in Downtown Longwood, Florida, is an exceptional property offering numerous upgrades and modern features with permits and city inspections completed for all renovations. Located within a short distance to the SunRail station and historic Downtown Longwood shops, it combines convenience and charm. Key Features and Renovations: Complete interior and […]
Florida Realtors® introduced updated forms reflecting new flood disclosure laws and NAR’s Multiple Listing Options for Sellers policy. The Flood Disclosure form now includes a seller checkbox for flood knowledge. A new Lease Flood Disclosure form aids landlords with rental flood disclosures, and an Opt-In for Electronic Delivery form allows electronic communication between landlords and […]
Florida REALTORS® offer NAR guides on PMI, home selling safety, and wire fraud protection. PMI guide explains when it’s required, its impact on payments, and tax deduction rules. Home selling safety guide covers protecting personal information, valuables, and managing showings securely. Wire fraud guide details steps to verify wiring instructions and prevent real estate scams. […]
Housing costs vary across Central Florida, with Fort McCoy in Marion County being the most affordable city, having a typical home value just over $144,000. In contrast, Lake Buena Vista in Orange County has a typical home value near $5.8 million, reflecting the high prices in the Orlando metro area. Statewide, Gretna near Tallahassee is […]
Florida leads U.S. residential real estate vacancy rates, with six metro areas ranking highest nationally. Cape Coral-Fort Myers tops at 38.7%, followed by North Port-Bradenton-Sarasota (23.7%) and Tampa-St. Petersburg-Clearwater (13.3%). Orlando and Sarasota saw notable vacancy declines, suggesting rising demand. Florida also faces high commercial office vacancies, with Orlando, Tampa, and Miami among the top […]