Trends
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Listing keywords associated with families and children, like community pools, nearby parks and cul-de-sacs, led to both faster-than-expected sales and higher premiums.
Tampa has been ranked as the 10th moving destination by Penske Truck Rental in its 11th annual Top Moving Destinations list.
Nationwide, the seasonally adjusted housing index rose 1.1% month over month in February and 12% year over year, up from monthly and yearly increases of 0.8% and 11.2% in January, respectively.
Closed sales, median prices, new pending sales and pending inventory were all up over this time last year, according to new a new report from Florida Realtors. The spring market is off to a good start, but condo and
Privately owned housing starts jumped 19.4% from February’s revised estimate to a seasonally adjusted annual rate of 1,739,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development
“All the converging trends, including domestic migration from high-tax states, a brutal winter around the nation and historically low interest rates, are resulting in an unprecedented high-end market.”—Mike Pappas, Keyes and Illustrated Properties President and CEO
“Staging a home helps consumers see the full potential of a given space or property. It features the home in its best light and helps would-be buyers envision its various possibilities.” — Jessica Lautz, NAR vice president of demographics and behavioral insights
“The whole region has had a surge in demand, including Pasco, Pinellas, and Hillsborough County, where Tampa is located.”—Jennifer Motsinger, Executive VP, Tampa Bay Builders Association
“Realtors from all walks of life share the common purpose of making a positive difference in communities across the country and delivering excellent service to their clients,” — NAR President Charlie Oppler.
“We have seen a surge of interest from millennials, who are the highest demographic partaking in leisure and personal travel, to have flexibility in their nomadic lifestyles.” — Alicia Lamadrid Paysse, sales director at Cevera Real Estate
Where are the best places for agents to work? Punta Gorda is one of them.
It was a surprise year of growth for homebuilders in 2020, but that could be constrained by higher lumber costs, regulatory issues and a shortage of available lots, according to the National Association of Homebuilders.
A recent report from Redfin states that Florida’s “redlined” neighborhoods, which were once considered less desirable and relegated to Blacks and other minorities under racist policies, are frequently less prone to damage from flooding and climate change than non-redlined or “greenlined” neighborhoods.
Purchases from home buyers in tax-burdened states, which began with the 2016 tax reform bill and has accelerated since COVID made remote working commonplace, continue to fuel Miami real estate”– Jennifer Wolman, Chairman of the Board, Miami Association of Realtors
Eighty-eight percent of all homebuyers said they used an agent as a source of information during their search, and 91% of millennials age 22 to 30 said the same.
Bigger is better when it comes to houses on the market, according to a new report from Realtor.com.