News about Florida

CoreLogic chief economist @SelmaHepp: "We are witnessing an important shift in home buying sentiment. This time last year, potential homebuyers had the mentality to get into home buying despite high rates and a lack of homes for sale. With little expectation of interest rates…

Bloomberg: Warning signals are flashing for homeowners in Texas and Florida as property taxes and insurance costs spike, foreclosure filings are rising www.bloomberg.com/news/articles/2024-05-29/foreclosure-spike-warning-signs-in-texas-florida-amid-rising-taxes-insurance?utm_source=website&utm_medium=share&utm_campaign=twitter

Pending home sales in April fell 7.7%, according to the National Association of Realtors®. All four U.S. regions registered month-over-month and year-over-year decreases. #NARPHS www.nar.realtor/newsroom/pending-home-sales-slumped-7-7-in-april

With supply still limited relative to demand, 27% of homes in April sold above list price, down from last month (29%) and a year ago (33%). www.nar.realtor/research-and-statistics/research-reports/realtors-confidence-index