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Florida housing market stabilizes as home prices level off and inventory rises

Florida housing market stabilizes as home prices level off and inventory rises

by Caden DeLisa | Aug 23, 2024

Florida’s housing market is stabilizing as home prices level off and inventory increases, offering potential relief to buyers, according to a Florida Realtors report. Florida’s housing market is showing signs of stabilization, with home prices leveling off and more...
Rising insurance costs, regulations push Florida HOA fees to record highs

Rising insurance costs, regulations push Florida HOA fees to record highs

by Caden DeLisa | Aug 22, 2024

Homeowners association fees in Florida have surged over the past year, driven by rising insurance costs and new safety regulations, leading to financial pressures on condo owners and declining condo market prices. Homeowners association (HOA) fees in Florida have...
Florida metro areas to see continued apartment growth despite economic challenges

Florida metro areas to see continued apartment growth despite economic challenges

by Caden DeLisa | Aug 13, 2024

Florida’s major metropolitan areas are expected to maintain a surge apartment construction, driven by strong demand but potentially tempered by rising borrowing costs and a focus on luxury developments that could exacerbate affordability issues. Florida’s major...
“A nightmare scenario”: Florida’s largest cities see record home-purchase cancellations

“A nightmare scenario”: Florida’s largest cities see record home-purchase cancellations

by Caden DeLisa | Jul 26, 2024

Florida’s major urban housing markets experienced a surge in home-purchase cancellations in June, with Orlando, Jacksonville, and Tampa reporting the highest rates nationwide. Florida’s urban housing markets experienced disruptions in June, marked by a...
New listings rise, but home contracts drop across South Florida

New listings rise, but home contracts drop across South Florida

by Caden DeLisa | Jul 18, 2024

Newly signed contracts for single-family homes and condos dropped throughout South Florida despite an increase in new listings, signaling a cooling market influenced by rising interest rates and affordability issues. Despite an increase in property listings in June,...
Florida rents plummet amid surplus, bucking national trend

Florida rents plummet amid surplus, bucking national trend

by Caden DeLisa | Jul 15, 2024

Florida’s largest cities have seen significant declines in rent prices, diverging from the national trend of rising rents, primarily due to an oversupply of rental units from increased apartment construction during the pandemic. Florida’s rental market has...
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