real estate news

New-Home Construction Improves Despite High Inflation, Rising Mortgage Rates, and the Shortage of Skilled Labor and Materials

The numbers: U.S. home builders started construction on homes at a seasonally-adjusted annual rate of roughly 1.79 million in March, representing a 0.3% from the upwardly-revised figures for the previous month, the U.S. Census Bureau reported Tuesday. Compared with March 2021, housing starts were up nearly 4%. Permitting for new homes occurred at a seasonally-adjusted …

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The Pain of Panes: New Windows in Short Supply

ORLANDO, Fla. – Glass joined the list of building materials in short supply. A range of industries, including shower door manufacturers and window installers, report glass shortages. Nearly two-thirds of home builders cited windows as their biggest material shortage, according to a recent survey from John Burns Real Estate Consulting. Rounding out the top four …

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UF: Floridians’ Consumer Confidence Down for Third Month

GAINESVILLE, Fla. – Consumer sentiment among Floridians dropped for a third consecutive month in October to 71.3, down 3.6 points from a revised figure of 74.9 in September. It’s also down 5 points from a pandemic low recorded in April 2020. All five components that make up the index declined. Current conditions: Floridians’ opinions about …

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U.S. News & World Report: Fla. Has 8 of Top 10 ‘Best Retirement’ Metros

NAPLES, Fla. – It may be getting more expensive to live, but Southwest Florida remains at the top of the “Best Places to Retire” in the country, based on the latest research by U.S. News & World Report. The state’s metros led the way in the annual findings released this morning by the magazine, with …

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U.S. News & World Report: Fla. Has 8 of Top 10 ‘Best Retirement’ Metros

NAPLES, Fla. – It may be getting more expensive to live, but Southwest Florida remains at the top of the “Best Places to Retire” in the country, based on the latest research by U.S. News & World Report. The state’s metros led the way in the annual findings released this morning by the magazine, with …

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Fla. Builders Investing Heavily in New Single-Family Construction

ORLANDO, Fla. – Building permits reflect future growth, and U.S. contractors appear to be betting heavily on the Sunshine State. A study of government numbers compiled by Omnis Panels compared 2021 building permits for the first half of the year, through June, and compared them to building permits issued for the same timeframe one year …

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