Home purchases are falling through at a growing rate in parts of Florida where supply is piling up, per a new Redfin report.
A housing crisis is brewing in Florida. A confluence of decreased homebuying and increased housing stock has created a perfect storm for would-be sellers in the Sunshine State. The number of unsold homes in Florida rose almost 23% year-over-year,
Florida recently saw the highest number of homes listed for sale in the past 13 years, with more than 172,000 homes available on the market, a new analysis shows.
Florida condo HOA dues and special assessments have skyrocketed in recent years due to new legislation. Here's where they're the lowest.
Florida ended January with 172,209 homes for sale—the highest inventory of any month on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s up 22.
2don MSN
According to prominent Florida real estate developers, the "Condo 3.0" bill causes a favorable shift in the market and prevents the likelihood of a future Surfside tragedy.
The housing market in South Florida has grown weaker and condos are only partly to blame, a Redfin economist said.
The median condo sale price in Inland Florida rose 5.4% year over year on average in January, compared with a 4.8% decrease on Florida’s Gulf Coast and a 3% drop on the Atlantic Coast, according to a new report from Redfin (redfin.
The metropolitan areas in Florida had the highest share of cash homebuyers. West Palm Beach at almost 50%, Fort Lauderdale close to 40%, and Miami more than 38%.
Selling homes in Florida is getting tougher, with many homeowners slashing prices to try to get a sale, according to a report in Newsweek. For example, a Tampa house, initially listed for nearly $1.87 million, recently dropped its price by almost 20% after remaining on the market for several months.
Florida homebuyers are deterred by soaring flood insurance and hurricane risks, yet inland condos are seeing gains in prices and lower HOA fees.
(NASDAQ: RDFN) — Florida ended January with 172,209 homes for sale—the highest inventory of any month on record, according to a new report from Redfin (redfin.com), the technology-powered real ...
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