How To Follow Florida Real Estate Blog

Start Following My Blog

 

Follow This "Real Estate In Florida" Blog

You can read the latest posts on your favorite blogs by adding them to the reading list on your Blogger dashboard. 

Buy Property In Florida, USA

Your Google profile, including your name and profile photo, will show up publicly as a follower of a blog when you use the Followers gadget. 

You can change your Google profile any time.

 To follow a blog anonymously, follow it from the Blogger dashboard or the Settings menu. 

From the blog’s Followers gadget Sign in to Blogger. In the blog that you want to follow, look for the Followers gadget. Click Follow. In the window that appears, click Follow. From your Blogger dashboard.

Sign in to Blogger. In the left menu, click Reading list Bookmark.

In the top right, click Manage reading list Edit. Click Add. Type the URL of the blog you want to follow. Click Next. Choose whether to follow publicly or anonymously. Click Follow.

Stop following a blog From your Blogger dashboard.

Come visit Florida. You might like it and want to stay.

Was this helpful?

If you have found this article helpful, have questions, suggestions, advice or insights please "comment" below.

This post will be expanded upon. Check back for more information about how to follow this blog about Real Estate in Florida, USA. Uploaded August 23, 2022.

Florida Real Estate Market Report August 2022

USA and Florida August 2022 Real Estate Market Report.

National Assoc. of Realtors market update.

"On July 27, 2022, from 12:00 –1:00 p.m. Eastern, NAR held its virtual Real Estate Forecast Summit: Residential Update event, which provided an outlook on the residential market. The discussion also included consideration of international activity in the residential market."

Mashvisor update for 2022.

"Growing Renter’s Market. Jumping off from the previous two points, Florida continues to attract thousands of in-migrants, causing an increase in housing demand. At one point in 2021, several Florida markets saw a 24% increase in a matter of weeks. 

To get a better idea of the growing housing demand in the state, consider Miami, Tampa, and Orlando. According to Mashvisor, the three metro areas recorded average monthly rental prices of $3,477, $2,462, and $1,906, respectively, for a three-bedroom home. One of the said cities would probably be the best place to buy rental property in Florida if you’re considering going with a traditional long-term rental investment strategy. 

Florida data also shows that while there is a rising demand for rental properties due to people relocating to the state, only 34% of housing units are being rented out. It means that there is a lot of room for growth in the traditional rental market.

Let’s not forget about vacation rentals. Florida remains one of the top tourist destinations in the US, with over a hundred million visitors annually. Although the pandemic caused a decline in tourist numbers in the Sunshine State, 2021 was still a pretty strong year as it hosted 122.1 million visitors. With the easing of travel restrictions, the number of tourists is expected to be higher in 2022"

A RE/MAX agent in South Florida talks about the 2022 Florida real estate market.

Are we in a recession? The possibility of a housing crash? Avoiding foreclosure. What is ahead for the rest of 2022?

Was this helpful?

If you have found this article helpful, have questions, suggestions, advice or insights please "comment" below.

This page will be expanded upon. Please check back to read more updates about Florida real estate market reports for August 2022 Florida, USA. Posted August 20, 2022.

Florida Market Report July 2022

June 2022 Market Report

Real  Estate Market Report July 2022

From Inman News

"THE NEWS: Sellers are taking a more cautious approach when setting their asking prices as a greater share of their higher-shooting peers get burned. The median asking price of newly listed homes tracked by Redfin dropped by 1.5 percent in the four-week period ending June 26, the Seattle-based real estate company said in a new report.

Half of home listings in that period asked for $405,547 or less, a modest decline from the previous four-week period, which was an all-time high for asking prices in the U.S.

BEHIND THE NEWS: Meanwhile, the number of pending home sales was 13 percent lower than it was at the same time last year. Other measures of buyer demand have been in decline as well as mortgage rate hikes and continued price increases drive the typical home purchase into less affordable territory,"

"THE NEWS: The home market increasingly became the province of higher-earning households in the last three months as much of the country became priced out of purchasing the typical U.S. home. The median home purchase in the second quarter of the year would have taken up 31.5 percent of the same period’s average annualized wage of $67,587,"

"Moody’s: Housing Correction Coming – but No Crash

The Fed’s interest rate hikes will cause the “pendulum to swing back down” some places, but no crash if vacancies stay low and underwriting standards remain high.

NEW YORK – Moody’s Analytics Chief Economist Mark Zandi predicts that the latest Federal Reserve interest rate hike will cause a housing correction across the United States – but there won’t be a housing crash.

He suggests that the Southeast and Mountain West are the most overvalued housing markets, and the pendulum will swing back down. Cities and states due for a correction include Phoenix and Tucson in Arizona, the Carolinas, Northeast Florida, and above all, Boise – “the most overvalued market in the country,” according to Moody’s analysis."

National Association of Realtors Chart For Tampa Bay Area of Florida.

U Haul Trucks Are Flocking To Florida Like Flamingos

And Ed Cook reports

"Did you know that Florida has been a favorite state to move to for most Americans? Covid 19 has even made the state more appealing to people due to its sunny atmosphere. This was even strengthened as work from home options have become a trend in most industries. On average, the state receives 777 domestic migrants daily. The numbers even increased to a thousand with 950 people moving in permanently to the state coming from New Jersey, Connecticut, New York and Massachusetts among others."

Was this helpful?

If you have found this article helpful, have questions, suggestions, advice or insights please "comment" below.

This page will be expanded upon. Please check back to read more updates about Florida real estate market reports. Florida, USA. Posted July 8, 2022.

Florida June 2022 Market Report

Florida June 2022 Market Update

June 2022 Florida Real Estate Market Data Reports

Realtor.com National Housing Forecast

June 2022 Florida Real Estate Market Forecast.

Search Florida Listings

June 28, 2022

From Inman News (a Real Estate news service)

"THE NEWS: Pending home sales inched slightly higher in May, ending six straight months of declines, according to new data. Pending sales crept up 0.7 percent to 99.9 during May, but were down 13.6 percent from their May 2021 levels, according to data released Monday by the National Association of Realtors. 

The slight increase should not take away from the clear evidence that the housing market is undergoing a transition spurred by high prices and high mortgage rates, NAR Chief Economist Lawrence Yun said.

BEHIND THE NEWS: Part of the slight increase in pending sales, which represent homes that are in contract, can be attributed to more sellers dropping their prices after their homes linger longer on listing services, some experts said. Regionally, results differed with sales rebounding in the Northeast and South while decreasing in the Midwest and West. Sales in the Northeast jumped 15.4 percent to 86.4 on the Pending Home Sales Index, while sales in the South increased 0.2 percent to 119.0 in May. Sales in the Northeast were still down 11.9 percent from a year ago however, while Southern sales were down 13.8 percent from 2021 levels. Read the full story here."

"Down payment is a less concern when compared to interest rates and prices

Down payment is another factor that affects the payment shares. In May, the median down payment was $45,000, making up 13.3% of the sales price. A larger down payment usually means smaller monthly payments, and thus, lower shares. Keeping the mortgage rate, home price, and income at the May level, down payments would have to fall to $34,123 (a down payment rate of 10.1%) to hit the 2018 peak, but even decreasing down payment to 0 doesn’t hit the 2008 peak. However, it is unlikely for the down payments to drop to such a low level in a short time, given continuously increasing sales prices shown in Figure 4 and an upswing  trend in down payment rate for recent months presented" 

mashvisor

Mashvisor "To get a better idea of the growing housing demand in the state, consider Miami, Tampa, and Orlando. According to Mashvisor, the three metro areas recorded average monthly rental prices of $3,477, $2,462, and $1,906, respectively, for a three-bedroom home. One of the said cities would probably be the best place to buy rental property in Florida if you’re considering going with a traditional long-term rental investment strategy." 

Florida Outpaces Nation in Job Growth

Search Clearwater, Florida Listings

Search Florida Listings

mashvisor

Come join Us

Welcome to Florida

"The Sunshine State."

Search Clearwater, Florida Listings

Was this article helpful?

If you have found this article helpful, have questions, suggestions, advice or insights please "comment" below.

This page will be expanded upon. Please check back to read more updates about Florida real estate market reports. Florida, USA. Posted July 9, 2022.