Florida Real Estate

Feb. 8, 2024

How ‘Tax-Friendly’ Is Florida Compared to Other States?

How ‘Tax-Friendly’ Is Fla. Compared to Other States?

A MoneyGeek study including IRS, state, property, and sales taxes listed Florida. as the No. 4 least-expensive tax state. Total tax costs are about 5.6% of total income.

TAMPA, Fla. – It’s tax filing season and depending on where you live ...

View More
Oct. 24, 2022

Naples Real Estate Market Report - September - Hurricane Ian Failed to Upset Naples Housing Market’s Resilience

Naples, Fla. (October 21, 2022)The impact of Hurricane Ian, as witnessed on the last two days of September, is not reflected in the September 2022 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). Given ...

View More
Oct. 11, 2022

Home Prices After Ian? Probably Going Up

Property prices usually rise after a disaster, in part because many impacted residents want to stay. But there’s a potential wild card after Ian: insurance costs.

FORT MYERS, Fla. – A price spike is expected for Florida real estate spared the wrath of Hurricane Ian. Multiple studies show property values ...

View More
May 6, 2021

Data Shows People Favoring Move to SWFL Over Other Parts of State

The pandemic has created many challenges, but it also changed the way we live and work. Some are choosing to make their vacations permanent and move to Southwest Florida full-time to work remotely. CityLab found that most people moving to the state are moving to Southwest Florida. Mapping the percentage ...

View More
March 2, 2021

Florida House Plans to Target Flooding, Sea Level Rise

The House floated “a suite of bills” to address climate change, including a tax break for owners who elevate homes and money for local governments that create programs. Gov. DeSantis proposed changes earlier, but many differences must now be worked out.

TALLAHASSEE, Fla. – Under proposals announced Friday by Florida ...

View More
Feb. 22, 2021

Florida's Housing Market Continues Strong in January

Florida Realtors’ data: Single-family home sales rose 18% year-over-year, median sales price up 15.1%; condo sales up 24.6%, median price up 15%. Chief Economist O’Connor: Closed sales in Jan. were “way, way above our historical average,” which is likely for most, if not all, of 2021.

ORLANDO ...

View More
Jan. 25, 2021

Florida Housing Market: Strong Gains in December

Florida Realtors December. data:
More closed sales (single-family sales up 21%, condo-townhouse sales up 27.7%), more new pending sales, higher median prices and more new listings year-over-year. Chief Economist O’Connor: Higher pending sales “strongly signal” higher closed sales into 2021.

ORLANDO, Fla. – Despite the ongoing pandemic and a ...

View More
Nov. 20, 2020

Florida Housing Market: Sales, Median Prices, New Listings Up in October

Florida Realtors’ data: Single-family home sales up 26.9% year-over-year, median sales price up 15.6%; condo sales up 30.3%, median price up 15.9%. Chief Economist O’Connor: Strong and persistent demand, coupled with worsening inventory shortages, continued to drive up home values.

ORLANDO, Fla. by Marla Martin – ...

View More
Nov. 6, 2020

Amendment 5 and Tax Benefits: What It Means for Florida Sellers

Floridians passed Realtor-supported Amendment 5, giving sellers up to three years – an increase from two – to transfer accrued property tax benefits to a new home.

TALLAHASSEE, Fla. – After passage of a Florida constitutional amendment this year on property taxes, Floridians now have three years – an increase ...

View More
Nov. 2, 2020

Realtor.com: Listing Uptick Suggests a Return to Market Balance

By Kerry Smith

Inventory remains tight, but realtor.com’s weekly housing report suggests that supply may be slowly moving a bit closer to demand as more current owners decide to move.

SANTA CLARA, Calif. – Despite the continued trend of record low inventory and unheard of price gains, the long ...

View More