Month: March 2024

Real estate professionals who are watching, learning, and adapting will reap the benefits of new technologies, as the industry is starting to see with generative AI.

Economists at International Builders’ Show: Construction should gradually increase as the Fed is on track to cut rates during 2024’s second half with inflation slowing.

HUD and Census Bureau: In Jan., new single-family home sales rose 1.5% month-to-month to a seasonally adjusted rate of 661,000. The pace is up 1.8% from Jan. 2023.

Want to see some of the 2024 ads that demonstrate the value of a Realtor and how they help clients? Several TV ads will air nationally this week.

HGTV’s Ben and Erin Napier announced the town of Sebring will get a makeover and be the site for the third season of their spinoff show, “Home Town Takeover.”

Florida regulators have approved proposals by three insurers to take up to 54,386 policies from the state’s Citizens Property Insurance Corp. in May.

NAHB: Buyers say they want smaller homes now and are looking for homes around 2,070 sq. ft., compared to 2,260 sq. ft. 20 years ago.

CoreLogic Case-Shiller’s Home Price Index rose at a seasonally adjusted annual growth rate of 2.4%, slower than Nov.’s 3% increase. Miami’s price index rose 8%.

The switch to online records may be part of the problem. All of Florida’s 67 counties have some sort of property fraud alert program, but more people need to sign up.