National News

ShowingTime: Home showings dip in August
ShowingTime: Home showings dip in August

A new report shows the market cooled in August, at least in terms of the number of prospective buyers looking at homes.

Could remote work fuel housing demand for years to come?
Could remote work fuel housing demand for years to come?

Last year’s en-masse move to remote work has driven what Zillow has dubbed the Great Reshuffling, as homeowners working from home have paused and reevaluated where and how they live.

Mortgage rates remain flat at 2.88%
Mortgage rates remain flat at 2.88%

“The net result for housing is that these low and stable rates allow consumers more time to find the homes they are looking to purchase,” Freddie Mac Chief Economist Sam Khater said.

Florida ranks among states with the highest number of foreclosure starts in August
Florida ranks among states with the highest number of foreclosure starts in August

Florida had the third-most foreclosure starts in the nation during August 2021, according to new data from ATTOM’s U.S. Foreclosure Market Report.

South Florida Housing Scorecard: Housing inventory fell across counties in August
South Florida Housing Scorecard: Housing inventory fell across counties in August

Housing inventory was down across South Florida counties during August. Existing-home sales were up in Broward and Palm Beach.

Median home sale prices increase 16% from 2020
Median home sale prices increase 16% from 2020

Even as the real estate market is showing signs of cooling and more sellers are dropping asking prices, median home prices increased by double digits from last year.

New-home sales plummet in July
New-home sales plummet in July

Also during the month, the median sales price rose to $390,500 from $370,200 in June, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

What do buyers want to see in your real estate listing marketing?
What do buyers want to see in your real estate listing marketing?

You might be surprised by the results of this survey.

Housing affordability falls for a third straight month
Housing affordability falls for a third straight month

Affordability declined in 49 of the 50 major markets according to the May 2021 First American Real House Price Index. 

Miami rental and sales prices exploding
Miami rental and sales prices exploding

As population booms with transplants to Florida, real estate prices are skyrocketing for rentals and sales.

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