In 2Q 2023, Fla. remained a top go-to state, with the lion’s share relocating from New York, but Chicago provided more buyers for Cape Coral, No. 7 on the list. SEATTLE – A record one-in-four national homebuyers (25.5%) searched for homes in metros outside their current state in the in the second quarter, up from

Nationally it’s 13%, but in Fort Lauderdale it’s 28% – the highest in the U.S. In Miami, a first-time buyer needs to earn 25% more than they did a year ago. SEATTLE – A first-time homebuyer must earn roughly $64,500 per year to afford the typical U.S. “starter” home, up 13% ($7,200) from June a

MIAMI – If your retirement plan is a vision of luxury, maybe one of Florida’s wealthiest counties will catch your attention. Or maybe you want to live out your youthful days in one of those rich places. The wealthiest county of Florida’s 67 counties has a median home value of almost $1 million – almost

WASHINGTON – The National Association of Home Builders (NAHB) told Congress this week that government regulations and mandates supporting environmental, social and governance (ESG) policies impede the industry’s ability to increase production of quality, affordable housing. Testifying at a House Financial Services subcommittee hearing, NAHB Chairman Alicia Huey said a growing number of ESG policies

Survey: Most would-be buyers (55%) know it’s a really tough market right now, but a majority (54%) still plan to maintain current goals or speed up the buying process. CHARLOTTE, N.C. – Many hopeful homebuyers – especially those in their 40s and younger – are forging ahead with plans to buy homes despite believing the

A scam converts Airbnb listings into discounted “Home for sale” ads targeting first-time buyers. If a buyer asks to tour the home, the scammer rents it for a day to do so. PORTLAND, Ore. – Airbnb hosts in Oregon are warning of a new scam, saying that some guests could be using local Airbnb properties

The pandemic cut the number of foreign buyers traveling to the U.S., but the first wave is reappearing. A Miami condo has seen a 30% increase in Brazilian buyers. NEW YORK – Real estate insiders say they’ve seen a resurgence in foreign buyers to the U.S. market after the pandemic made them virtually nonexistent. Levels

The spring season will likely draw sellers and buyers to the market, but after that, U.S. metros will probably go different directions for buyers’ and sellers’ markets. NEW YORK – As the reality of higher home prices and mortgage rates sets in, U.S. homebuyers will likely gain some leverage in 2023. But it depends on

Inflation slowed and the stock market climbed in the first six weeks of 2023, but then it stopped. A soft landing seemed possible; now recession fears are back. WASHINGTON (AP) – Maybe it was just too good to be true. For a few weeks in late January and early February, the U.S. economy seemed to

A major housing bill strongly backed by Florida Realtors passed the Fla. Senate Wed. The House may suggest changes, but it’s a good start early in the 2023 session. TALLAHASSEE, Fla. – Moving quickly on priorities of Senate President Kathleen Passidomo, Florida senators Wednesday passed measures aimed at spurring more affordable housing for workers and