Real Estate News in the Central Florida Area and Around the Country.

Central Florida Real Estate Recap of April 2025

April’s housing data projects a promising summer for those looking to make a move in Orlando’s real estate market


State of the Market

  • Overall sales increased by 62.4% from the start of the year to April. There were 1,514 sales in January and 2,459 sales in April.
  • There were 4,151 pending sales in April.
  • Inventory for April was recorded at 13,304, up 41.9% from April 2024, when it was recorded at 9,376.
  • The median home price for April was recorded at $389,900.
  • April’s interest rate was recorded at 6.6%.
    • Interest rates have hovered in the 6.0-range since October 2024.
  • There were 4,503 new listings in April.
  • Homes spent an average of 70 days…

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When Are Property Taxes Due in Florida? Important Deadlines to Know 

If you own property in Florida, staying on top of property tax deadlines can help you avoid penalties and even save money. While Florida does not have a state income tax, property taxes play a major role in funding essential services like schools, roads, and emergency response.

So, when are property taxes due in Florida? They become payable on November 1 each year and are considered late after April 1 of the following year. Missing deadlines can lead to extra fees, interest charges, or even a tax lien on your property. Below, we’ll walk you through Florida’s property tax process and how to stay ahead of your payments.

What Are Property Taxes in Florida?

Property taxes in…

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How Will Tariffs Affect the Housing Market in Florida?

If you're considering buying or selling a home in Florida, you're likely aware of the challenges in today's real estate market. Beyond the usual factors, tariffs on imported materials are adding another layer of complexity. These tariffs are increasing construction costs, which in turn are influencing home prices and market dynamics. Understanding how tariffs real estate policies impact the housing market can help you make informed decisions.

What Are Tariffs and How Will They Affect Real Estate?

Tariffs are taxes imposed on imported goods, thereby increasing their cost. In the context of real estate, tariffs on materials such as lumber, steel, and aluminum are increasing construction…

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First-Time Home Buyer Programs & Loans Available in Florida

Embarking on the journey to homeownership in Florida is both exciting and challenging. The state's vibrant communities, sunny landscapes, and diverse housing options make it a desirable place to live. However, the financial demands of purchasing a home can be daunting, especially for first-time buyers. Fortunately, there are numerous first-time home buyer programs in Florida designed to make homeownership more accessible. These programs offer financial assistance, favorable loan terms, and educational resources to guide you through the process. Understanding these options can empower you to make informed decisions and achieve your homeownership goals.

Available Programs for Florida…

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How to Reduce Property Taxes in Florida

Reduce Property Taxes

Owning a home in Florida comes with many benefits, but property taxes can be a significant expense. The good news? There are several ways to reduce your property tax bill and keep more money in your pocket. By taking advantage of exemptions, assessment limitations, and other tax-saving programs, Florida homeowners can lower their annual costs without sacrificing their financial well-being.

If you're wondering how to reduce property taxes in Florida, here are some of the best strategies to consider.

How Can You Reduce Property Taxes in Florida?

In today’s economy, every expense adds up, and property taxes are no exception. Fortunately, there are several ways to lower your tax burden, helping you save…

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Central Florida Real Estate Recap of February 2025

With Orlando's housing inventory on the rise, buyers have more options, which has contributed to a recent increase in overall sales and pending sales as we approach spring


State of the Market

  • Overall sales increased by 21.3% from January to February. There were 1,514 sales in January and 1,837 sales in February.
  • Pending sales rose by 20.7%, with 3,320 in January and 4,006 in February.
  • Inventory for February was recorded at 12,411, up 6.1% from January when inventory was recorded at 11,697.
    • This is the highest inventory since October 2014.
  • The median home price for February was recorded at $385,000, up from $375,000 in January.
  • February’s…

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Central Florida Real Estate Recap of January 2025

Sales slowed in January coming off of the holidays, which is typical for this time of year

State of the Market

  • New listings spiked 68.1% from December to January, with 4,220 new homes on the market in January, compared to 2,510 in December.
  • Inventory for January was recorded at 11,697, up 16.4% from December when inventory was recorded at 10,049.
    • This is the highest inventory since July 2015.
  • Pending sales rose by 24.8%, with 2,661 in December and 3,320 in January.
  • The median home price for January was recorded at $375,000, down from $380,000 in December.
  • January’s interest rate was recorded at 6.8%, up from 6.5% in December.
  • Homes…

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Central Florida Real Estate Recap of December 2024

2024 data reveals that demand for homes held strong as inventory rose and buyers adjusted to higher interest rates

2024 Annual Market Recap

(Cumulative 2024 totals compared to cumulative 2023 totals)

  • The overall median home price in 2024 was recorded at $385,000, an all-time high and increase of 3.9% compared to 2023 when the overall median home price was recorded at $370,500.
    • 2023 previously held the record for highest overall median home price.
    • For further comparison, the overall median home price in 2022 was $365,000.
  • Overall sales in 2024 decreased by 7.1% with a total of 28,321 sales. Overall sales in 2023 were recorded at 30,499.
      …

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Why Is Housing Inventory So Low & When Will It Increase?

why-is-housing-inventory-so-low

Many buyers and sellers are asking, “When will housing inventory increase?” The limited supply of homes for sale has made finding the right property challenging, driving up prices and frustrating potential homeowners. To understand when conditions might improve, we’ll explore the root causes of low housing inventory, current trends that may signal relief, and how these factors specifically affect the Florida housing market.

If you’re considering Davenport, this guide on the pros and cons of living in the area can help you make an informed decision.

What Is Causing the Housing Inventory Shortage?

The housing inventory shortage in the U.S. isn’t just a recent phenomenon—it’s the result…

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When Will Real Estate Prices Drop In Florida? Best Time to Buy

With Florida’s beautiful weather, appealing tax policies, and unmatched lifestyle, it's no surprise that Florida has become one of the hottest real estate markets in the country. Over the last few years, home prices in Florida have been on a steady upward climb, making many wonder: Is Florida real estate prices dropping soon, and is there an ideal time to buy? While Florida remains highly desirable, potential buyers are eager to find the right moment to make a move, especially as economic pressures influence market conditions. 

Navigating the market with an experienced real estate agent can make all the difference in finding the best opportunities.

Let’s dive into what’s driving…

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