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Fla.’s Housing Market: Sales, Median Price, More Rise in June

Florida Realtors’ data: More closed sales, more new listings and higher median prices (up 24.5% for single-family homes, 22.4% for condos) than a year ago. Chief Economist O’Connor: The ratio of buyers to sellers may be easing; as a result, home price growth could begin to cool down in the future. …continue

Demand for Vacation Homes Falls: First Time in a Year

It’s too soon to call it a trend, but the pandemic-driven push for vacation homes appears to be slowing as an increasing number of buyers search for year-round homes. …continue

Fla. Introduces First ‘Freedom Week’ No-Sales-Tax Event

From July 1 to July 7, 2021, Fla. consumers can skip sales taxes on fun-time items, such as entertainment admissions, sporting equipment and camping supplies. …continue

NAR: Vacation Home Sales Rose 16.4% in 2020

Lee County tops NAR’s list of U.S. counties for the highest increase in vacation home sales, with Collier County also making the top 10 list. In 2020, vacation home sales were 5.5% of total existing-home sales; in 2019, they were 5%. Vacation home median prices were up 14.2%.
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Migration Study Finds Big Gains in Some Fla. Metros

ORLANDO, Fla. – Updater, a data company and part of the National Association of Realtors®’ (NAR) inaugural REach program, looks at data such as Wifi account changes to analyze moving trends and produces quarterly reports on relocations in its United States Migration Report: Q1 2021. Updater’s report analyzes 300,000 moves over the past year. …continue