Wary buyers and rising interest rates may affect some U.S. markets, but Fla.’s rising demand and lack of construction will probably offset a potential cooldown. WEST PALM BEACH, Fla. – Six of the nation’s top 25 most overvalued housing markets Continue Reading
The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you. Economists expect Continue Reading
By Jim Turner The drive to offer an additional property tax break to people like teachers and the military now goes to the Senate. If approved, it will then be considered by Fla. voters. TALLAHASSEE, Fla. – The Florida House on Thursday Continue Reading
Contacts: Ryan Bleggi, NABOR® Media Relations Committee Chair, (239) 597-1666 Marcia Albert, NABOR® Director of Marketing, (239) 597-1666 Naples, FL (January 27, 2022) – Demand for the Naples lifestyle eclipsed Continue Reading
Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter Continue Reading
Naples, FL (November 23, 2021) – Home sales were bridled by low inventory during October, but new listings are on the rise according to the October 2021 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home Continue Reading
Nationally, cash buyers made up about 1/3 of all 2021 home sales so far, but that percentage rises to 52.6% in West Palm Beach – the top metro for cash sales in the U.S. More wealthy consumers are closing with all-cash transactions, which can give Continue Reading
Florida Realtors chief economist: More homes are being listed than you think. Despite record-low inventory levels, the reason for current buyer frustrations isn’t “fewer homes coming into the market.” It’s strong buyer demand – so strong that Continue Reading
JUNE 11, 2021 Migration Study Finds Big Gains in Some Fla. Metros The study looked at net gain – people moving in vs. people moving out – and Fort Myers moved to No. 1 in the first quarter from No. 8 one year earlier. ORLANDO, Fla. – Continue Reading
