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As the South Florida economy rebounds, the real estate market squeezes out local residents with out-of-town buyers and an ‘on fire’ luxury segment.
Florida is the 14th-best state to live in the country, according to WalletHub’s 2021 Best States to Live In list.
Although pending home sales are up 29% from last year, they are starting to slow down, dropping 9.7% from their peak four weeks ago.
Rising property values had homeowners cashing out of their existing residences to buy bigger homes in less-expensive areas last year.
High-end home sales surged in the three months ended April 30 as prices also rose and listings increased.
With half of all homes in today’s market selling above the asking price, the timing of when to list can have an impact on both time on market and sale price.
Home-price growth remained in double digits for the 10th straight month in May as inventory lows pushed the median listing prices up 15.2% from last year. But there’s good news for those looking for a home in this competitive
Of the 99 million residential properties in the U.S., approximately 1.4 million (or 1.4%) are vacant this quarter, with “zombie” home rates increasing both quarterly (21%) and annually (5.6%).
First-time homebuyers found their long-term plans changed due to COVID.
With the seventh-lowest tax rate in the country, Florida attracts people from all over.
The limited inventory that has plagued the housing market continued, although at an abated pace.
An analysis of 10 years of home sales found the spring and summer months offer the most gains for sellers, particularly the month of May.
Whether they’re still weary of going to a gym full of people or just looking to work off those extra pandemic pounds in privacy, homebuyers are increasingly prioritizing home exercise rooms.
Americans believe it’s a much better time to sell a home than to buy one, according to Fannie Mae’s latest survey of home purchase sentiment.
Abundance of condos under construction catapults Miami Beach to the top of the list.
The survey showed that 86% of dog owners said dog-friendly features — such as having a dog door or access to a dog park — are a large part of their decision-making process, and 84% are willing to spend more for these features.
