Affordability Calculator
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Real Estate News- Study: High Number of Buyers Still Move State-to-State March 28, 2023In Feb., the number of buyers searching listings outside their state dropped 3.6% year-to-year – but those looking locally fell 14.4%. 5 Fla. metros are top go-to spots.
- Supreme Court Will Hear Disability Activist Lawsuit March 28, 2023The U.S. Supreme Court will consider whether a Fla. woman who filed over 600 lawsuits against hotels has “standing” to sue since she never planned to visit them.
- Belt Tightening? Six Cost-Cutting Tips March 28, 2023When sales decline, agents look for ways to trim pennies – but it’s not always a smart move to cut back on some expenses. Consider how it could impact business.
- Consumers Grew a Bit More Confident in March March 28, 2023The confidence index rose from 103.4 (Feb.) to 104.2, with future outlooks rosier than current ones. Many consumers plan to cut down on “highly discretionary” spending.
- Case-Shiller: Prices Still Up – but Not as Much March 28, 2023Jan. prices rose 3.8% compared to 5.6% in Dec., in part due to up-and-down mortgage rates. But Miami ranked No. 1 with a 13.8% jump, with Tampa No. 2 at 10.5%.
- Commercial RE Braces for a Tough Credit Market March 28, 2023Many commercial brokers say credit will get tight following bank upsets, but it isn’t clear how much. Most lenders haven’t digested the info and finalized changes yet.
- DeSantis Signs Tort Reform Into Law March 27, 2023The Florida Legislature initiated the changes as a way to cut down on frivolous lawsuits by limiting injury cases, insurance litigation and attorney fees.
- A Fed Interest Rate Decrease by Summer? March 27, 2023Some Wall Street traders think regional bank weaknesses will harm commercial RE and consumers, the economy will dip, and the Fed will lower interest rates.
- Female Ownership Rate Drops After 6 Years March 27, 2023In Fla.’s four biggest metros, a comparison of median women’s salaries to list prices finds that fewer than 3% can afford to buy a home. Nationally, it’s 8.9%.
- Fla. Metros Not on List of Fastest Cooling Markets March 27, 2023Rising mortgage rates and still-high prices have pushed pandemic hot spots – notably those with a significant tech sector – to cool faster than other metros.
- Study: High Number of Buyers Still Move State-to-State March 28, 2023