Home seller profits down in most metros despite record sale prices
Profit margins declined in nearly 59% of the 157 metro areas analyzed and dropped year over year in more than 84% of them.
Florida
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Compass adds the Andrade Group in South Florida
The Andrade Group has averaged $50 million in annual sales and closed hundreds of millions of dollars in deals during its 22-year history.
Miami has the world’s biggest housing bubble. Local experts reject that label
Experts say the report ignores key Miami market drivers — from a high percentage of all-cash transactions to strong job growth.
Compass adds the Salaverri Windsor Group in Florida
The team has more than 30 years of combined experience in real estate — generating more than $450 million in residential sales.
Florida homes take longer to sell as price cuts rise
Nearly half of Florida listings show price cuts, with a 98-day median on market as sellers adjust to slower demand.
Inventory-heavy states show wide gaps in sales speed
Among states with the most listings, California sells in 63 days while Florida and Texas take longer, HW Data shows.
Realtor association tools driving member success
Leadership from Florida Realtors and Virginia Realtors told HousingWire their focus is on delivering simplicity, integration and education.
The Great Stay: Why the US housing market is divided in two
The Great Stay is not just a housing story. The weak housing market is intertwined with a very unusual labor market.
Sun Belt leads sales volume but posts nation’s lowest absorption rate
Housing market efficiency varies dramatically by region with Sun Belt showing lowest absorption rate despite highest sales volume.
Household income climbs in some big cities, outweighed by inflation in others
Modest income increases failed to keep pace with the roughly 3% inflation rate, meaning many households effectively lost buying power.