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Real Estate Is Americans’ Preferred Long-Term Investment

From Florida RealtorsWhen asked about the best investment for 10-plus years, 31% picked real estate with millennials the top pro-real estate generation. Only 20% preferred stocks. NEW YORK – When it comes to how Americans prefer to invest long-term, real estate is still the most favored investment option – 31% said it’s their preferred way […]

NAR: Pending Home Sales Climb 2.8% in June

It’s the second consecutive month with the number of listings under contract increasing and the first pending-sale year-over-year increase after 17 months of declines. WASHINGTON – Pending home sales continued to rise in June, marking two consecutive months of growth, according to the National Association of Realtors® (NAR). Each of the four major regions recorded […]

Home Affordability Unchanged – But at a 10-Year Low

NAHB: A modest increase in interest rates offset a slight decline in home prices to keep housing affordability essentially level in the fourth quarter of 2018. WASHINGTON – Feb. 14, 2019 – A modest increase in interest rates offset a slight decline in home prices to keep housing affordability essentially level in the fourth quarter of […]

Home Sales from January 1 – May 31

According to the data provided by Stellar MLS between January 1, 2018 to May 31, 2018 and January 1, 2019 to May 31, 2019, home sales increased in every city but Orange City year over year with the highest increase being in Pierson. Overall increases for the cities included in the research for West Volusia […]

Total impact one Fla. home sale has on the economy? $77,858

ORLANDO, Fla. – June 14, 2019 – When it comes to Florida’s economy, real estate is a heavyweight. A recent updated analysis by the National Association of Realtors® (NAR) finds that money generated by the state’s real estate industry makes up 21.9% of the gross state product. Each home sale generates $21,483 for home-related businesses, such Realtors’ commissions […]

Gov. DeSantis signs bills on open permits, online notaries

TALLAHASSEE, Fla., June 7, 2019 – Florida Gov. Ron DeSantis’ signed two bills into law last week, HB 447 and HB 409 – a move applauded by Florida Realtors®. HB 447: Open and expired permits HB 447 allows local governments to close a permit six years after issuance, as long as no apparent safety hazards exist. […]