Browsing Posts In: florida real estate

New Bill Lower Taxes on Job Creators and Families in Florida

June 20, 2017

The Florida Chamber of Commerce applauds Florida Governor Rick Scott for lowering taxes on job creators and families by signing HB 7109, sponsored by Representative Jim Boyd (R-Bradenton) and Senator Kelli Stargel (R-Lakeland), into law. This Florida Chamber-backed bill takes a major step toward addressing much-needed targeted tax reform, including a reduction of the Florida-only business rent tax – saving job creators approximately $61 million, and a further increase in the oversubscribed R&D tax credit for innovators. […]

... Read More
Home Sales Totals Increase in Southwest Florida and Statewide

May 23, 2017

The Southwest Florida economy was strong for the most part in the month of March, as it was statewide, according to recent reports and information released by Florida REALTORS®, and the Southwest Florida Regional Economic Indicators Report prepared by Florida Gulf Coast University (FGCU). Reports indicate the residential real estate market in Florida had a rise in the number of sales, higher median prices and an increase in pending sales for the month of March. […]

... Read More
Lenders Expect an Increase in Mortgage Purchase Production This Year

April 24, 2017

Sustained economic development is anticipated to give first-time homebuyers the reassurance necessary to enter the residential real estate market. Moreover, about three out of five independent mortgage lenders (59 percent) in a recent survey predict an increase in the number of first-time homebuyers in 2017. The forecast comes from The Lenders One Cooperative, a national alliance of independent mortgage bankers, correspondent lenders and suppliers of mortgage products, via its second annual Lenders One Mortgage Barometer, […]

... Read More
Florida’s Strong Economy Continues to Motivate Real Estate Market

April 20, 2017

Single-family home sales across the state of Florida totaled 18,033 for the month of February 2017, a small decrease of 0.5 percent in comparison to February 2016. While housing prices continue to rise and inventory shortages continued, Florida’s economy and housing market remain strong. “Florida’s economy is growing, with more jobs being created,” said 2017 Florida REALTORS® President Maria Wells. “And a growing economy boosts the state’s housing sector as well. However, many local markets […]

... 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 lowest index possible is a 2, while the highest possible is 150. All components that the index is based on […]

... Read More