Amidst the backbone of America’s economic vitality, the housing market faces a formidable challenge: a sustained deficit of homes. Despite recent construction upticks, Realtor.com’s study underscores the gravity, with up to 7.2 million homes lacking due to a decade-long shortfall relative to population growth [1]. This scarcity not only imperils the dream of homeownership but also casts shadows on broader economic prospects.
Recent headlines have sparked concerns about the stability of Florida’s housing market, citing decreases in home sales and increases in active listings. However, these reports often lack depth and fail to provide the necessary context for understanding the situation accurately. In this article, we delve into the nuances of Florida’s housing market, analyzing key trends and providing insights to set the record straight.
In Florida, the specter of home ‘squatters’ has loomed large, haunting property owners with unauthorized occupants exploiting legal gray areas to remain in homes they don’t own or lease. But now, a beacon of hope shines as a new law, House Bill 621, steps in to protect the sanctity of property rights and bring justice to those affected by this growing concern.
From wildfires to floods, the past few years have brought a historic number of devastating climate and weather events to the United States. In 2023 alone, there were 28 individual weather-related disasters that caused at least $1 billion in damages each.1
If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign.
We are excited to welcome you to The Island Issue of GG Magazine. This new issue is all about the endless appeal of islands, featuring stories about individuals whose island lifestyles and enterprises never fail to inspire. From stunning boutique hotels and resorts to the vibrancy of cultures captured by world-renowned photographers, we welcome you to explore the stories that emulate the island dream.
Here’s the scoop: while the number of foreclosure filings might be inching up, we’re nowhere near a foreclosure crisis.
The market’s stable, buyer demand is strong, and homeowner equity is higher than ever.
Keep calm, carry on, and don’t get scared by any foreclosure headlines – that’s the message to share with your clients right now.
Because this news isn’t going away anytime soon. So, use the insights and visuals in this article to let them know why there’s no cause for alarm.
Are you thinking about buying a home soon? If so, you should know today’s market is competitive in many areas because the number of homes for sale is still low – and that’s leading to multiple-offer scenarios. And moving into the peak homebuying season this spring, this is only expected to ramp up more.
Remember these four tips to make your best offer.
Are you putting off your plans to sell because you’re worried you won’t be able to find a home you like when you move? If so, it may be time to consider a newly built home and the benefits that come with one. Here’s why.
