Marcie Diaz, Realtor

A few of the factors buffering the Florida real estate market from some national economic trends include:

- The state’s labor market is strong.
- Florida’s population growth remains strong at about 1,000 new people a day.
- The state is still attractive to “untethered” remote workers.
- Retirees with home equity looking to relocate are unfazed by high-interest rates.

Real Estate Trends: What’s in Store for 2024? Florida Realtors chief economist: Watch for the market to reignite over the next several months. “We have weathered the worst of it.”

It's all about demand and supply. 📊

The problem: we are in short supply. 📉

A Grim Warning To ALL Renters: It's No Longer A Choice Ken McElroy outlines the critical issue of the housing and rental market crisis, highlighting the growing gap between population growth and housing supply in...

‘Buy Now, Refinance Later’ Mortgage Deals Luring New Homebuyers Lenders are offering free refinancing to get buyers into homes, but proceed with caution and read the fine print.

"..We expect mortgage rates to trend modestly downward in 2024, which should help kickstart a gradual recovery in home sales into 2025.”

Home Sales Likely to Weaken in Near Term Fannie Mae researchers: Mortgage rates in 2024 will retreat from recent highs and average 6.8% by year’s end; in turn, home sales will increase modestly over the year.

Solar Panels – Questions to Ask Before Contract If a seller’s home has solar panels, they should research how those panels could impact their transaction before going under contract.

Mortgage Rates Move Higher Yet Again, Hit 7.49% Skittish investors keep nudging mortgage rates higher. Last week, a 30-year, fixed-rate mortgage averaged 7.31%; a year ago, it was 6.66%.

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Miami, Tampa, Orlando, and Cape Coral are in the Top 10 go-to metro areas.

Study: High Number of Buyers Still Move State-to-State In Feb., the number of buyers searching listings outside their state dropped 3.6% year-to-year – but those looking locally fell 14.4%. 5 Fla. metros are top go-to spots.

2023 market forecast: Supply and Demand will be more balanced (healthy market).

Real Estate Trends: What’s the 2023 Fla. Outlook? Florida Realtors chief economist: Expect Fla. housing to return to a more “traditional” market like in 2018-2019 “as supply and demand become more balanced.”

According to Travel and Leisure, is one of the best 7 cities in Florida to buy a Vacation Home.

The 7 Best Places to Buy a Vacation Home in Florida As the real estate market in Florida continues to heat up, here are the best cities and towns to buy a luxury vacation home in the Sunshine State.

This is one of the multiple reasons why "good debt" is a way to protect Real Estate assets.

NW Fla.: Fake Sellers Fool Some RE Agents A referral “seller” uses fake IDs to prove they own a property and then ask an agent to list it for sale. The usual targets: Out-of-state owners without a mortgage.

Tenant beware

Fake Landlord Scam That rental sounds almost too good to be true? Prospective tenants must vet rental listings they find online to avoid becoming a victim of imposter landlords.

Looking to help those impacted by Hurricane Ian but not sure where to start? Learn how to get involved here:

Realtors’ Hurricane Ian Question: ‘How Can I Help?' Many Realtors donate money but many others want to get involved, removing debris and actively helping fellow Floridians. Is that you? Here’s where to start.

Disaster Aid Expanding in Ian’s Aftermath Pres. Biden declared a major disaster in 13 Fla. counties so far. Floridians can apply for help from FEMA, which might also help offset insurance deductibles.

Mortgage buyer Freddie Mac reported Thursday that the 30-year rate rose to 6.02% from 5.89% last week. The long-term average rate has more than doubled since a year ago and is the highest it’s been since November of 2008, just after the housing market collapse triggered the Great Recession. One year ago, the rate stood at 2.86%.

Mortgage Rates Hit 6%, First Time Since 2008 Freddie Mac: 30-year rate rose to 6.02% from 5.89% last week – it’s more than doubled since a year ago. Rising interest rates continue to sideline homebuyers.

This early-fall period will offer buyers a host of favorable factors, including more housing listings, less competition, and lower prices.

Best Time to Buy a Home is Week of Sept. 25 Realtor.com: Despite rising interest rates, fall is the best season to buy for hopeful homebuyers when it comes to home prices, competition and inventory.

Mortgage Rates edge close to 6%

Highest Mortgage Rates Since 2008: 5.89% Freddie Mac reports a second-week surge bearing down on 6% after last week’s reported increase to 5.66%. A year ago, the 30-year fixed rate mortgage average was 2.88%.

2 Fla. Cities in Top 10 for ‘Where to Buy a Fixer-Upper?’ A fixer-upper is ideal for buyers willing to invest sweat equity and live in less-than-ideal conditions. In Fla., Miami and Jacksonville rank high for fixer-uppers.

After Florida state legislators passed sweeping legislation in May, every condo that is three stories or taller will need to be evaluated for signs of “substantial structural deterioration” once the building reaches 30 years old – or 25 years if the building is within three miles of a coastline. Those buildings will then also be required to be inspected again every 10 years.

Condo Safety Checks May Face Difficulties New Fla. condo safety standards raise the bar for about 2M owners and set an extremely short timeline – and there may not be enough engineers to get the job done.

Whether it's a quick fix or a weekend project, here are nine things to tackle before selling. 🏠

Mortgage Rates Drop Below 5% At 4.99% it’s not far below, but it’s the first time in four months the 30-year, fixed-rate mortgage averaged below the psychologically significant 5% mark.

Reinventing my way to represent sellers.

What’s It Like to Be a Buyer in Today’s Market? Buyers in the market for at least six months have lowered their expectations more than once – and shortly after they do, they’re forced to lower expectations again.

Buying today means you can benefit from the rise in prices in the form of home equity.

Think Home Prices Are Going To Fall? Think Again Over the last two years, the rate of home prices appreciated at a dramatic pace.

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Pompano Beach, “Florida’s Warmest Welcome”, in the heart of Florida’s Gold Coast ☀️ boasts some of the warmest and clearest waters, 🏝welcoming sandy beaches and calming breezes.⛱

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As a matter of fact, it’s named for the Pompano, 🐠 a species of inshore tropical game fish which swims abundantly in the areas warm Atlantic Ocean. ⚓️

Pompano Beach has experienced a major renaissance✨and is a vibrant, sophisticated, multidimensional destination 🗺 with a three mile stretch of pristine shoreline, 🌊👙restored dunes 🏖 and tree shaded playgrounds 🌳 and exercise areas. 🚴🏻‍♀️🍃

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Good Renters May Qualify for Mortgages Sunday On July 10, renters who pay on time can get a home-buying boost even if they have thin credit scores – a big benefit for first-time buyers in underserved communities.

Fla.’s March Median Prices Up, Supply Tight Florida Realtors: Fla.’s single-family median price up 21.3% to $396.5K. Condo median price up 27.3% to $308K. Rising rates, prices and tight supply impact sales.