Author: Florida Real Estate News
Florida Housing Affordability: A Deep Dive into 2024 Trends Florida’s real estate market continues to capture attention, ranking 21st in housing affordability across the United States. The state’s unique blend of vibrant cities and picturesque landscapes creates an undeniable allure for homebuyers. This article will explore the current state of housing in Florida, revealing the latest trends and insights for prospective buyers and investors. Key Rankings and Insights According to the TradingPedia study, which analyzed housing data from January to December 2024, Florida’s position as the 21st most affordable state is noteworthy. Here’s a breakdown of the relevant data: Median…
Is the Florida Dream Fading? The Crisis in the Sunshine State’s Housing Market The allure of Florida living, characterized by its sun-soaked beaches, low taxes, and vibrant lifestyle, is beginning to fade. The Florida housing market is on unstable ground, grappling with soaring prices, an unstable insurance landscape, and strained infrastructure. In this article, we’ll explore the factors contributing to the potential collapse of what many believe to be an idyllic paradise. Florida’s Housing Landscape: On the Verge of a Crisis? In recent years, Florida has transformed from a sleepy retirement community to a bustling hub attracting nearly 2.76 million…
Northeast Florida Housing Market Trends: March 2025 Overview Northeast Florida experienced a mixed bag of housing market trends in March, with a notable year-on-year decline in sales but a positive uptick compared to February. This dynamic market reflects the evolving landscape for buyers and sellers alike. Key Housing Market Statistics for March 2025 Closed Sales: 1,784 single-family homes sold in March Down 9.9% from March 2024 (1,980 homes) Up 35.7% from February (1,315 homes) Median Sales Price: $379,995 Down 1.8% from February ($387,000) Down 2.5% from March 2024 ($389,000) Market Insights Mario Gonzalez, the 2025 President of the Northeast Florida…
The Surge of Canadian Snowbirds Selling U.S. Homes: A Shift in the Real Estate Market As spring unfolds, an increasing number of Canadian “snowbirds” are choosing to sell their second homes in warm states like Florida and Arizona. This trend appears to be largely influenced by growing tensions between Canada and the United States, particularly under the Trump administration. Understanding the Current Landscape of U.S. Real Estate Real estate agents are witnessing a notable uptick in Canadian sellers, impacting property prices in traditionally warm-weather destinations. Here are some key points to understand this trend: Record Spending: From April 2023 to…
Title: How Tariffs Are Impacting Florida’s Housing Market: A Deep Dive Author: Budge Huskey | Special to the Herald-Tribune Understanding the Impact of Tariffs on Home Construction When the term "tariff" is mentioned, many conjure images of international trade disputes or policy debates in far-off capitals. However, the impact of tariffs is felt right here at home, particularly in residential construction. Key Takeaways: Tariffs on construction materials are not new but have recently broadened in scope and unpredictability. Imported materials such as lumber and gypsum are essential for building and renovating homes. Home prices are expected to rise significantly due…
Ryan Serhant Expands Real Estate Empire to Naples, Florida Introduction Renowned for his vibrant personality and innovative strategies in the real estate market, Ryan Serhant has officially planted his roots in Southwest Florida. This ambitious move comes through a merger with local real estate firm McQuaid & Company, led by Tiffany McQuaid. This partnership not only intertwines Serhant’s global marketing expertise with McQuaid’s local know-how but also signifies a new chapter in the Florida real estate landscape. Serhant’s new office is in the Bayfront community in Naples. A Game-Changer for Real Estate in Southwest Florida Serhant is not just another…
Home Sales in Southwest Florida Plummet: What Sellers Need to Know Focus Keyword: Florida Home Sales Home sales are dramatically declining in southwestern Florida, raising alarms among sellers who report "not getting any showings," even when pricing their properties at competitive rates. Cities like Cape Coral, Fort Myers, and Punta Gorda are witnessing a significant shift in their real estate markets. The Current Market Landscape Declining Median Sale Prices: After experiencing years of rapid growth, the median sale price of homes in these regions is finally beginning to drop. Increased inventory is failing to spark interest among buyers. Inventory Surge:…
Florida Housing Market Faces Correction Amidst Economic Shifts Florida’s housing market, once the epitome of a scorching-hot real estate landscape, is now transitioning into a more fragile phase. Having enjoyed some of the steepest home price appreciation during the Pandemic Housing Boom, the state is now leading the way down, notably in the condo sector. Understanding these shifts is vital for both potential buyers and investors. Current State of Florida’s Housing Market Recent data reveals a troubling trend: 92% of tracked metro areas in Florida are experiencing falling condo prices. Two-thirds of single-family markets are posting year-over-year price declines. In…
Southwest Florida Real Estate Market Update: Q1 2025 Performance Residential closings in Southwest Florida dropped by 8% in Q1 2025 compared to the same period last year. If you’re asking, “How’s the market?” you’re not alone. Property owners and potential buyers in Southwest Florida have been keenly watching the shifting landscape of real estate. The first quarter of 2025 has revealed noteworthy trends and surprises worth exploring. Key Highlights from Q1 2025 Overall Closings: Southwest Florida (including Collier and Lee counties) experienced a 8% decline in residential closings compared to Q1 2024. Notable areas: Naples and Bonita Springs/Estero aligned closely…
Essential Insights into SW Florida Real Estate with Call It Closed International Realty Updated: May 2, 2025 | Fort Myers, FL With the real estate market evolving rapidly, especially in Florida, it’s crucial for potential buyers and sellers to stay informed. Aprile Osborne, founder and Chief Vision Officer of Call It Closed International Realty, shared her invaluable insights during a recent interview with Gulf Coast News, following her successful 19-city book tour. Key Takeaways for Buyers and Sellers 1. The Digital Shift in Real Estate Did you know that 97% of home buyers begin their search online? This significant statistic…