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4 charts that show why Florida’s housing markets are struggling

Florida’s housing markets were as hot as any after the COVID-19 pandemic began, but now they’re among the coldest. Stubbornly high mortgage rates, rapidly rising inventory and macroeconomic headwinds are impacting housing markets all over the country, but Florida is notable for both how far it’s fallen and how much it’s slumping. Here are four charts using Altos data that explain Florida’s...

HomeServices of America announces more executive changes

Roughly two weeks after HomeServices of America announced that Chris Kelly was taking over as CEO from Gino Blefari, the firm is back with more C-suite changes. On Thursday, the firm announced the appointment of Alex Seavall to chief financial and operations officer, along with the appointment of Candace Adams as executive vice president of HomeServices of America, the role vacated by Kelly. Seavall...

New York Times relights the fuse on NAR settlement, cooperative compensation

The real estate industry and The New York Times have not been on good terms for a while now. Although the mutual disdain began with the Times’ 2023 expose of alleged widespread sexual harassment and a “culture of fear” at the National Association of Realtors (NAR), things really began to heat up with the Times’ coverage of the commission lawsuits. With that backdrop, it’s not surprising that...

To-Dos: Your May Home Checklist (9 photos)

With Memorial Day coming up, there is plenty of incentive to get those outdoor spaces ready to enjoy. From scheduling house painting to organizing your outdoor cooking tools, tick these 12 items off your to-do list so you can get to the good stuff: hanging out around the grill, kicking back on the...

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