South Florida Real Estate Archives - Galleria International Realty

Florida’s insurance overhaul is beginning to reshape the market

Litigation drops, insurers cut rates and more companies enter Florida, easing insurance costs and improving affordability and market stability. Florida’s recent legal reforms tied to property insurance are showing measurable results, with litigation dropping sharply and insurance costs easing for homeowners and renters, according to new research from the American Property Casualty Insurance Association. The … Read more

Study finds home affordability improving in several Florida metros

A new ConsumerAffairs analysis found affordability rankings improved in several Florida housing markets, including Jacksonville, Ocala and Orlando, though high-income thresholds remain in Naples and Miami. While home affordability in Florida remains challenging in many markets, a new national analysis suggests conditions may be beginning to improve in parts of the state. A study by … Read more

Rising gas prices reshape Florida home searches

A Realtor.com report found the growing “commute tax” is shrinking home searches as buyers factor transportation costs into overall affordability. Florida agents say commute times and day-to-day travel expenses are becoming increasingly important in housing decisions. Rising gas prices and return-to-office mandates are reshaping how buyers search for homes, with some Florida house hunters placing … Read more

Rate-locked homeowners still reluctant to sell

While most homeowners with low mortgage rates say they plan to stay put, surveys suggest lifestyle shifts and affordability concerns may eventually drive more listings. Most homeowners sitting on sub-6% mortgages aren’t going anywhere soon — but the picture isn’t entirely bleak for inventory-starved markets. The lock-in Is real. About three-quarters of mortgage holders carry … Read more

Florida ranks No. 1 for economic performance

Florida also ranked first 10th for future economic outlook. The rankings were fueled by strong domestic migration, job growth and gains in economic output, while the state’s tax and regulatory environment also helped boost its standing. Florida ranks among the nation’s top states for economic competitiveness, leading the country in economic performance and placing in … Read more

Landlords Seek Repayment for Pandemic Losses

BOSTON — Just months into the pandemic, Matthew Haines, like landlords across the country, learned he was barred from evicting tenants who didn’t pay their rent under a federal eviction moratorium that lasted almost a year – costing him and his investors over $1 million. Now, the 57-year-old Texan is hoping to get some relief. … Read more

Buyers: How Much Home Can You Afford?

More homebuyers may be ready to enter the market now – figuring out debt-to-income ratio, interest rates, budget considerations and other factors are key. KEY WEST, Fla. — By the third quarter of 2025, the tide seemingly began to turn in regards to a housing market that had been marked by limited inventory since the … Read more

Driveway Overlaps Neighbor’s Property: Now What?

Real estate Q&A: A new survey found the overlap, not uncommon as property lines don’t always match assumptions. Confirm the results first, then talk to the neighbor. FORT LAUDERDALE, Fla. — Question: We are preparing to refinance our home, and the lender ordered a new survey. It turns out that about 2 feet of our driveway … Read more

Buying a Home: Steps to Take for Homeownership

Thoughtful planning can help would-be home buyers prepare for the experience. A clear look at finances and budget is a good place to start. ORLANDO, Fla. — Buying a home is a major milestone and with the right preparation it can be a confident and accessible experience. A thoughtful, well-informed approach can help buyers navigate … Read more

After Real Purchase, RE/MAX HQ May Move to Florida

ENGLEWOOD, Colo. — One of Colorado’s most prominent companies – and among the world’s most recognizable real estate brands – may be making a headquarters move to Florida as part of an $880 million transaction announced Monday by tech-based real estate firm Real Brokerage. RE/MAX Holdings, founded in 1973 by pioneering broker and entrepreneur Dave Liniger and his wife Gail, has been purchased by Real, … Read more

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