Browsing Posts In: florida

Floridians More Optimistic About Economy Overall

August 29, 2017

Consumer sentiment among residents of Florida increased 1.5 points in July to 97.7, representing the second-highest reading since March 2002. Out of the five factors that make up the index, three increased and two decreased. Overall views of one’s personal financial situation now likened with a year ago showed the largest decrease in the July […]

... Read More
Suggestions to Ease Entry Into the Housing Market

July 25, 2017

Entering the housing market for the first time can be overwhelming and costly. It is very likely the largest purchase one has made and the process can be confusing. The most recent market report by Naples Area Board of REALTORS® (NABOR®), released June 16 with May figures, shows pending sales up 12 percent, closed sales […]

... Read More
Prevention Tips for Email Phishing Scams

July 18, 2017

  The FBI has reported that email phishing accounts for 95 percent of cybersecurity threats. Legal and law enforcement experts at the Illinois Department of Financial and Professional Regulation’s Cybersecurity Conference in Chicago, which focused on threats to the real estate industry, said this is why client communications are a key component of “cyber hygiene.” […]

... Read More
Data Indicates Florida Will Become 16th Largest Economy

July 11, 2017

University of Central Florida (UCF) Economist Sean Snaith predicts that Florida’s gross state product will break the $1 trillion mark next year – and then climb to $1.074 trillion in 2019. That gross state product level would in turn make the Florida economy the 16th largest economy in the world, as ranked by the World […]

... Read More
Anticipated Increase in Homeownership Rate

July 4, 2017

The rate of homeownership has progressively fallen since the Great Recession from 70 percent to an estimated 64 percent today. Housing industry experts say that new data indicates an approaching increase in the homeownership rate for the current year. Real estate-focused website Trulia has evaluated the Census report and uncovered that owner households formed at […]

... Read More
2017 Hurricane Season Predictions and Preparations Checklist

June 27, 2017

The National Oceanic and Atmospheric Administration (NOAA) is predicting an active hurricane season. It estimates there will be five to nine hurricanes, with two to four of them being major storms. A weak El Niño could make for a more active hurricane season this year. The NOAA just recently said there is a 45 percent […]

... Read More
University of Florida Survey Indicates Sharp Increase in Consumer Sentiment Statewide

April 11, 2017

Consumer sentiment among Florida residents increased in March to the highest level in 15 years, according to the most recent University of Florida (UF) consumer survey. University of Florida’s most recent consumer survey results indicate a consumer sentiment reading of 99, the highest rate since March 2002 and the second-highest rate since November 2000. The […]

... Read More
Florida Real Estate and Economy Remain Strong

April 4, 2017

The sale of single-family homes across the state of Florida totaled 18,033 for February 2017, down just 0.5 percent when compared to February 2016. Despite rising housing prices and continued inventory shortages, Florida’s economy and real estate market remain relatively strong and developing. “Florida’s economy is growing, with more jobs being created,” said 2017 Florida […]

... Read More
Builders Plan to Put Emphasis on Entry-Level Housing Market

March 28, 2017

  Low inventory levels in the housing market have created continuing issues for the residential real estate market, with interested homebuyers facing competition and rising costs. In an effort to ease shortages, builders are planning to put emphasis on the entry-level housing market, as well as march forward with townhome, condominium, and overall single-family home […]

... Read More