Florida Housing Market Shows Resilience Amid September Sales Dip
Despite a decline in home sales, stable prices and strong luxury segment performance indicate a steady Florida housing market.
Olivia Bennett reports on Florida's housing market, tracking price movements, inventory shifts and regional trends across major metropolitan areas. Her work highlights how state-level developments influence local buyers and sellers.
Despite a decline in home sales, stable prices and strong luxury segment performance indicate a steady Florida housing market.
The agency now expects mortgage rates to average 7.5% next year, with lower home sales projections.
The benchmark 30-year fixed-rate mortgage held steady at 7.40%, marking the end of a seven-week increase. The 15-year rate dipped to 6.71%, Freddie Mac reported.
Adjustable-rate mortgages gain popularity among Florida buyers seeking lower initial payments amid rising fixed mortgage rates.
For the seventh consecutive week, mortgage rates have climbed, reaching levels not seen since 2023. Here's how this affects Florida's housing market.
Baby boomers and Silent Generation to free up millions of homes, but most will be family-sized, offering limited help to first-time buyers.
Florida's new-home permitting activity rebounded sharply in August, with Tampa and Southwest Florida leading the growth.
Four insurance companies receive approval to lower rates on over 62,000 policies, with reductions ranging from 3.2% to 10.4%.
Homebuyers prioritize all-electric homes with solar and battery storage as utility concerns grow.
Tight inventory supports price growth despite higher mortgage rates and reduced sales activity.
Five Florida metros lead the nation in attracting out-of-town buyers for new-construction homes.
A new analysis reveals favorable conditions for buyers in four major Florida metros during late fall.
Despite slight declines in sales, tightening inventory and rising prices suggest a leveling market in Florida.
Permit volume dropped 18% from June, but Florida's residential construction market remained robust across five major regions, with Tampa builders leading in combined activity.
Luxury home prices in Miami jumped 18% year over year in July while Tampa posted a 15.4% gain, far outpacing the national average, as wealthy buyers continue to flock to Florida's high-end market.
A survey of 127 senior homebuilding executives reveals sharply fading optimism, with most now expecting flat conditions through the remainder of 2026 amid escalating construction costs and uncertain buyer demand.
Four Florida cities cracked the national top 10 for retirement destinations, with Orlando, Miami, and Tampa leading the pack, according to WalletHub's 2026 analysis of 182 U.S. cities.
The University of Florida's consumer confidence index dropped to 67.4 in August, nearly 12 points below its February peak, as all five sentiment measures declined simultaneously for the second consecutive month.
Realtor.com's latest hotness rankings put five geographically diverse Florida markets at the top for buyer demand â from a retirement community in Central Florida to a high-priced coastal suburb in Broward County.
Domestic migrants moving to Florida tend to earn more and are more likely to be homeowners than those leaving, even as overall migration slows and international arrivals now dominate net growth.
Florida condo and townhouse closings climbed 11% year over year in July, with demand strengthening not just among budget-conscious buyers but also in the $500Kâ$1M and luxury segments.
The Eighth Circuit Court of Appeals has affirmed final approval of the landmark 2024 Sitzer-Burnett class-action settlement, dismissing challenges to its legal standing, payout structure and the inclusion of home buyers.
Florida Realtors' Board of Directors has formally endorsed Amendment 3, a November ballot measure that would expand homestead exemptions and lower assessment caps on non-homestead properties.
Florida has logged 11 consecutive months of year-over-year sales gains, with luxury sales and condo activity leading notable trends, according to Florida Realtors Chief Economist Dr. Brad O'Connor.