Author: Florida Buyer Broker

Navigating Florida Real Estate: Why An Exclusive Buyer Broker Is Your Best Ally

Estimated reading time: 5 minutes

• Dedicated representation that prioritizes your needs.
• Access to off-market listings not available to the public.
• Streamlined communication for a smoother buying experience.
• Understanding the implications of an Exclusive Buyer Brokerage Agreement (EBBA).
• Maximizing your relationship with a buyer broker for optimal outcomes.

Table of Contents

• Understanding Exclusive Buyer Brokerage in Florida
• Navigating Florida Real Estate: Why An Exclusive Buyer Broker Is Your Best Ally in Today’s Market
• How Exclusivity Works: Understanding Your Agreement
• Understanding Compensation in Florida’s New Real Estate Landscape
• Exclusivity vs. Agency: Know the Difference
• Comparing Your Options: Exclusive vs. Non-Exclusive Representation
• Important Considerations and Limitations
• Making the Most of Your Exclusive Buyer Broker Relationship
• The Florida Lifestyle Awaits

Understanding Exclusive Buyer Brokerage in Florida

An Exclusive Buyer Broker in Florida real estate acts as your dedicated advocate throughout the entire home-buying process. Unlike traditional real estate arrangements where agents might represent both buyers and sellers, an exclusive buyer broker works solely for you, the buyer. This relationship is formalized through an Exclusive Buyer Brokerage Agreement (EBBA), which contractually binds you to work with one brokerage firm during the agreement’s term.

This exclusive arrangement isn’t just a formality—it’s a powerful tool that ensures your interests come first in every interaction, negotiation, and decision throughout your home search. When you partner with Beverly Howe at Florida Buyer Broker, you’re not just hiring an agent; you’re securing a committed ally who will fight for your best interests from the first showing to the closing table.

Navigating Florida Real Estate: Why An Exclusive Buyer Broker Is Your Best Ally in Today’s Market

The Florida real estate market presents unique challenges and opportunities. From the bustling metropolitan areas of Tampa and Jacksonville to the serene coastal communities of the Gulf Coast, each region has its own character, price points, and market dynamics. An exclusive buyer broker brings invaluable local expertise and dedication that can help you navigate these diverse markets successfully.

Dedicated Representation That Makes a Difference

When you work with an exclusive buyer broker, you receive dedicated representation that prioritizes your needs throughout property searches and negotiations. This means your broker invests their full attention and resources into understanding your specific requirements, preferences, and budget constraints. They offer personalized advice and advocacy that goes beyond simply showing you available properties.

Beverly Howe’s approach at Florida Buyer Broker exemplifies this dedication. With years of experience in Florida’s residential real estate market, she understands that buying a home is more than a transaction—it’s a life-changing decision that deserves personalized attention and expert guidance.

The Power of Loyalty and Expertise

Knowing you are exclusively their client incentivizes brokers to invest more time and effort into finding suitable properties and negotiating favorable terms for you. This loyalty translates into tangible benefits: your broker will spend extra hours researching properties, analyzing market trends, and leveraging their professional network to find opportunities that match your criteria perfectly.

In Florida’s fast-moving real estate market, where desirable properties can receive multiple offers within days of listing, having a broker who is fully committed to your success becomes invaluable. They’ll be ready to act quickly when the right property appears, ensuring you don’t miss out on your dream home because of slow response times or divided attention.

Access to Hidden Gems: Off-Market Listings

One of the most significant advantages of working with an exclusive buyer broker is potential access to off-market listings. These are properties not publicly advertised on MLS or popular real estate websites. In Florida’s competitive markets, especially in sought-after areas like Sarasota, Fort Lauderdale, or the Florida Keys, this insider access can give you a crucial competitive advantage.

Exclusive agents often maintain relationships with other brokers, developers, and property owners who may be considering selling but haven’t officially listed their properties. Through these connections, your exclusive broker can present opportunities that other buyers simply won’t see, potentially allowing you to avoid bidding wars and secure better terms.

Streamlined Communication for a Smoother Experience

Working with only one agent streamlines communication throughout your home-buying journey. You receive consistent information and advice without confusion from multiple sources. This simplified approach means you always know who to call with questions, concerns, or when you need immediate action on a potential property.

Beverly Howe and Florida Buyer Broker pride themselves on maintaining clear, consistent communication channels with their exclusive clients. Whether you prefer phone calls, emails, or text messages, you’ll have direct access to your broker throughout the process, ensuring nothing falls through the cracks.

How Exclusivity Works: Understanding Your Agreement

The EBBA requires that all efforts by you as the buyer to locate or negotiate for property go through your chosen broker. This means you cannot independently approach other agents or sellers without potentially risking liability for commission payments if you purchase such a property. While this might seem restrictive at first glance, it actually protects both you and your broker by clearly defining the working relationship and ensuring your broker can dedicate their full resources to your search.

It’s important to understand that if you sign this agreement but later buy a home found on your own (perhaps through Zillow or a “For Sale By Owner” sign), you may still owe your exclusive broker their commission if you close on that property during the contract period—even if they were not directly involved in that specific transaction. This underscores the importance of maintaining open communication with your exclusive broker about any properties that catch your interest.

Understanding Compensation in Florida’s New Real Estate Landscape

Florida law now mandates that buyers establish formal written agreements with Realtors® before viewing properties—a change designed to create transparency regarding compensation arrangements. This new requirement actually benefits buyers by ensuring everyone understands the financial arrangements upfront.

Compensation for your exclusive buyer broker can be structured in several ways:

• Direct Payment at Closing: You may agree to pay your broker directly at closing, giving you full control over the compensation arrangement and potentially more negotiating power with sellers.
• Negotiated Seller Credit: Using specific addendums (such as Rider FF or SCCA-1), you can negotiate for the seller to provide a credit at closing that covers your brokerage fees. This approach is common and often successful, especially when working with an experienced broker who knows how to structure offers effectively.

This clarity helps avoid misunderstandings about who pays what at closing and ensures you can budget appropriately for all aspects of your home purchase.

Exclusivity vs. Agency: Know the Difference

It’s crucial not to confuse “exclusivity” with “agency.” Exclusivity refers strictly to whether you are working only with one brokerage; it does not automatically guarantee undivided loyalty unless specified by agency disclosures. Some contracts allow brokers to represent multiple buyers interested in similar properties simultaneously—so it’s essential to read agreements carefully before signing.

Beverly Howe at Florida Buyer Broker ensures her clients understand exactly what type of representation they’re receiving. Her exclusive buyer brokerage agreements clearly outline the agency relationship, ensuring you receive the undivided loyalty and advocacy you deserve.

Comparing Your Options: Exclusive vs. Non-Exclusive Representation

Important Considerations and Limitations

While exclusive buyer brokerage offers numerous advantages, it’s important to understand the commitments involved:

• Restricted Flexibility: Signing an EBBA restricts your ability to work with other agents or pursue independent deals without potential financial obligation. This means you need to be confident in your choice of broker before signing.
• Contract Terms Matter: Not all “exclusive” agreements guarantee sole loyalty; some permit brokers’ representation of competing buyers. Review contract language thoroughly before committing, and don’t hesitate to ask questions about any terms you don’t understand.

Making the Most of Your Exclusive Buyer Broker Relationship

To maximize the benefits of working with an exclusive buyer broker in Florida:

• Be Transparent About Your Needs: Share your complete wish list, budget constraints, and timeline honestly. The more your broker knows, the better they can serve you.
• Communicate Regularly: Stay in touch with your broker about properties you see online or in person. Remember, they’re your exclusive representative, so loop them in on everything.
• Trust Their Expertise: Your exclusive broker knows the Florida market intimately. Trust their guidance on pricing, negotiations, and market conditions.
• Ask Questions: Never hesitate to ask about market trends, property values, or negotiation strategies. Your exclusive broker is there to educate and empower you.

The Florida Lifestyle Awaits

Florida offers an incredible lifestyle that attracts buyers from around the world. From year-round sunshine and beautiful beaches to vibrant cultural scenes and no state income tax, the Sunshine State has something for everyone.

FAQ

• What is an Exclusive Buyer Brokerage Agreement (EBBA)? It is a contract that formalizes your relationship with a buyer broker, ensuring they work solely for your interests.
• What are off-market listings? These are properties not publicly advertised, giving buyers who work with exclusive brokers a competitive edge.
• How is my broker compensated? Compensation can vary; you may pay at closing or negotiate a seller credit to cover brokerage fees.

Contact Beverly Howe

If you’re ready to explore the Florida real estate market with a trusted advocate, contact Beverly Howe today to discuss your needs and start your journey to finding your dream home.

Navigating the Naples Real Estate Market with a Trusted Buyer Broker

Estimated reading time: 8 minutes

• Understanding the shifting dynamics of the Naples real estate market.
• The importance of working with a trusted buyer broker.
• Key strategies for a successful home purchase in today’s market.
• Market considerations for luxury properties amidst broader trends.
• The role of local expertise in navigating competitive landscapes.

Table of Contents

• Understanding Today’s Naples Real Estate Market
• Navigating the Naples Real Estate Market with Professional Expertise
• The Strategic Advantages of Working with a Buyer Broker
• Your Step-by-Step Guide to Success
• Important Market Considerations

Understanding Today’s Naples Real Estate Market

The transformation of the Naples real estate market over the past year has been nothing short of remarkable. By mid-2025, home sales volume has dropped by nearly 18.2% year-over-year, with median closed prices falling from $655,000 in June 2024 to $610,000 by June 2025. Some areas have experienced even steeper declines, with certain reports indicating drops as significant as 17.9% year-over-year for median sale prices.

This cooling trend represents a stark contrast to the frenzied buying activity witnessed during the pandemic boom years. Inventory levels are steadily rising, giving buyers more choices and negotiating power than they’ve had in years. The days of bidding wars and waived contingencies are largely behind us, replaced by a more balanced marketplace where thoughtful strategy and expert guidance can make all the difference.

The shift in market dynamics is partly attributed to broader economic factors, including outmigration from Florida that has contributed to softer demand specifically in Naples. While this trend warrants monitoring for its potential impact on long-term appreciation prospects, it currently translates to exceptional opportunities for buyers ready to make their move into the Naples lifestyle.

Navigating the Naples Real Estate Market with Professional Expertise

When it comes to navigating this complex market, having a trusted buyer broker by your side isn’t just helpful—it’s essential. Unlike listing agents who represent sellers’ interests, a buyer broker works exclusively for you, ensuring that every decision, negotiation, and recommendation is made with your best interests in mind.

Beverly Howe and the team at Florida Buyer Broker understand the nuances of the Naples market intimately. With years of experience helping buyers secure their dream homes throughout Florida, Beverly brings the local expertise and strategic insight necessary to identify value and avoid overpaying in today’s cooling market. This dedicated representation becomes particularly valuable when you consider that market statistics can vary significantly between sources, making professional interpretation of data crucial for informed decision-making.

The Strategic Advantages of Working with a Buyer Broker

Local Market Knowledge That Makes a Difference

A Naples-based buyer broker brings deep knowledge of neighborhoods, property types, and current trends that prove invaluable when searching for your ideal home. This expertise extends beyond simply knowing which areas have the best schools or shortest commute times. It encompasses understanding subtle market variations between different Naples communities, recognizing which neighborhoods are poised for future growth, and identifying properties that offer the best value proposition in the current market.

Beverly Howe’s extensive experience in the Florida real estate market means she can guide you toward neighborhoods that not only meet your current needs but also align with your long-term investment goals. Whether you’re drawn to the beachfront luxury of Port Royal, the golf course communities of Pelican Bay, or the family-friendly neighborhoods of North Naples, having a knowledgeable advocate ensures you make an informed decision.

Negotiation Excellence in a Buyer’s Market

With increased inventory and declining prices, the ability to negotiate effectively has become more important than ever. A skilled buyer broker leverages current market conditions to secure better terms, price reductions, and favorable contingencies that protect your interests throughout the transaction.

The negotiation process extends far beyond the initial offer price. It includes strategically structuring offers that reflect current market realities, negotiating repair credits based on inspection findings, and ensuring contingencies are in place to protect you if market conditions continue to shift during the escrow period. Beverly Howe’s negotiation expertise ensures you’re positioned to take full advantage of the buyer-favorable conditions currently present in the Naples market.

Access to Hidden Opportunities

Well-connected buyer brokers often know about properties before they hit public listings, giving their clients a significant advantage in finding the perfect home. This access to off-market listings becomes particularly valuable in a market where the best properties still attract significant interest despite overall cooling trends.

Through established relationships with other real estate professionals, property developers, and local networks, Beverly Howe can alert you to opportunities that might never appear on public listing sites. This insider access can be the difference between settling for a good property and securing your dream home at an exceptional value.

Your Step-by-Step Guide to Success

Step 1: Define Your Priorities and Secure Financing

Before beginning your property search, clearly outline your must-haves and nice-to-haves. Consider factors such as:

• Preferred location and proximity to beaches, schools, or work
• Minimum number of bedrooms and bathrooms
• Desired amenities (pool, golf course access, waterfront views)
• HOA preferences and restrictions
• Long-term investment potential

Equally important is getting pre-approved for financing before you start looking. This positions you as a serious buyer and allows you to move quickly when you find the right property. Beverly Howe can connect you with trusted local lenders who understand the Naples market and can structure financing that aligns with your goals.

Step 2: Select Your Broker with Care

Choosing the right buyer broker is perhaps the most critical decision in your home-buying journey. Look for someone with:

• Extensive local experience within your target price range
• Full-time dedication to real estate (not a part-time endeavor)
• Strong communication skills and availability
• A track record of successful negotiations
• Exclusive buyer representation to avoid conflicts of interest

Beverly Howe’s commitment to exclusive buyer representation through Florida Buyer Broker ensures you receive undivided loyalty and advocacy throughout your transaction.

Step 3: Research Neighborhoods Thoroughly

Naples offers diverse neighborhoods, each with its own character, amenities, and investment potential. Consider factors such as:

• Proximity to beaches and waterways
• Quality of local schools (if applicable)
• Shopping and dining options
• Future development plans
• Historical appreciation rates
• Community demographics and lifestyle

Your buyer broker should provide detailed insights into different areas, including insider knowledge about planned developments, community dynamics, and factors that could impact future property values.

Step 4: Conduct Comprehensive Due Diligence

Never skip inspections, even in a buyer’s market. A thorough property inspection can reveal issues that impact value and negotiating position. Additionally, ensure title insurance is arranged to protect against ownership disputes or liens.

Due diligence also includes:

• Reviewing HOA documents and financial statements
• Understanding flood zone designations and insurance requirements
• Investigating any planned special assessments
• Confirming property tax implications
• Verifying all property disclosures

Beverly Howe guides clients through every aspect of due diligence, ensuring no detail is overlooked in protecting your investment.

Step 5: Stay Informed About Market Trends

Real estate markets are dynamic, and staying informed about changing conditions is crucial. Regular consultations with your broker about new listings, pricing trends, and inventory levels help you make timely decisions. Consider attending local real estate seminars or market updates to deepen your understanding of Naples market dynamics.

Market data can vary significantly between sources like Redfin and Zillow, making it essential to rely on up-to-date information from trusted professionals who are members of the Naples Area Board of Realtors (NABOR). Beverly Howe provides clients with accurate, current market analysis to support informed decision-making.

Step 6: Negotiate Strategically

In today’s market, strategic negotiation involves more than just offering below asking price. Work closely with your broker to craft offers that:

• Reflect current market realities and recent comparable sales
• Include appropriate contingencies for inspections, financing, and appraisal
• Account for potential continued market softening
• Balance competitiveness with protection of your interests

Beverly Howe’s negotiation strategies are tailored to each property and situation, maximizing your advantage while maintaining deal viability.

Step 7: Assemble Your Professional Team

Beyond your buyer broker, success requires a team of professionals including:

• Reputable home inspectors familiar with Naples construction and climate considerations
• Real estate attorneys for complex transactions
• Insurance agents who understand Florida’s unique requirements
• Trusted contractors for renovation estimates
• Local lenders with competitive programs

Beverly Howe maintains relationships with top professionals in each category, providing clients with a pre-vetted “A-Team” for seamless transactions.

Important Market Considerations

While declining prices generally favor buyers, it’s important to understand that certain luxury segments may behave differently due to unique demand drivers. Ultra-luxury properties, particularly those with exceptional water access or in prestigious communities, may maintain stronger values despite overall market softening.

The outmigration trend from Florida deserves particular attention as it has contributed significantly to softer demand in Naples. While this creates immediate opportunities for buyers, it’s worth monitoring how this trend might impact long-term appreciation prospects. Beverly Howe keeps clients informed about these macro trends and their potential implications for investment strategies.

FAQ Section

Q1: What is a buyer broker?
A buyer broker is a real estate professional who exclusively represents the interests of the buyer during a transaction, unlike listing agents who represent sellers.

Q2: How do I choose a buyer broker?
Look for someone with extensive local experience, full-time dedication, strong communication skills, and a proven track record of successful negotiations.

Q3: Why is due diligence important?
Due diligence ensures that you are aware of any issues that could affect the value of the property or your ability to make informed decisions.

Q4: How can I stay informed about market trends?
Regular consultations with your broker, attending seminars, and following local market updates can help keep you informed.

Q5: What should I include in my offer?
Your offer should reflect market realities, include necessary contingencies, and be strategically structured to balance competitiveness with your protection.

Ready to Make Your Move?

If you’re ready to explore opportunities in the Naples real estate market, contact Beverly Howe today to get started on your journey to finding your dream home.

Unlocking Naples Hidden Real Estate Gems with a Local Buyer Broker

Estimated Reading Time: 5 minutes

• Explore lesser-known neighborhoods in Naples for hidden real estate potential.
• Work with a local buyer broker for insider access to off-market listings.
• Discover the benefits of each neighborhood, including value and lifestyle offerings.
• Understand the importance of market intelligence and negotiation strategies.

Table of Contents

• The Hidden Neighborhoods Transforming Naples Real Estate
• Bayshore Arts District: Where Creativity Meets Investment Opportunity
• Naples Manor: Downtown Living Without the Downtown Price Tag
• Lakewood: The Retiree’s Secret Paradise
• Golden Gate Estates: Space and Privacy in Paradise
• Additional Hidden Gems Worth Exploring
• How a Local Buyer Broker Unlocks Hidden Opportunities
• FAQ Section
• Contact Beverly Howe

The Hidden Neighborhoods Transforming Naples Real Estate

While most buyers focus on well-known areas like Old Naples or Pelican Bay, several lesser-known neighborhoods offer exceptional value and lifestyle benefits that rival their prestigious counterparts. These hidden gems provide the perfect blend of location, affordability, and growth potential that savvy buyers seek.

Bayshore Arts District: Where Creativity Meets Investment Opportunity

Bayshore Arts District stands out as Naples’ creative epicenter, offering a vibrant community atmosphere that’s increasingly rare in Southwest Florida. This walkable neighborhood features an eclectic mix of cozy cottages and beautifully remodeled mid-century homes that attract artists, young professionals, and forward-thinking retirees alike.

What makes Bayshore Arts District particularly compelling is its ongoing transformation. The area maintains affordability compared to central Naples while experiencing steady appreciation due to its unique character and proximity to downtown amenities. Buyers who work with a knowledgeable buyer broker can identify properties here before they become mainstream discoveries, capturing value before the inevitable price increases that follow gentrification.

The neighborhood’s appeal extends beyond just housing costs. Residents enjoy access to local galleries, boutique shops, and farm-to-table restaurants that create a genuine community feel. For buyers seeking an alternative to gated golf communities, Bayshore offers an authentic Florida lifestyle with investment upside.

Naples Manor: Downtown Living Without the Downtown Price Tag

Naples Manor represents one of the best-kept secrets for value-conscious buyers who refuse to compromise on location. Situated just minutes from downtown Naples, this neighborhood offers proximity to beaches, shopping, and dining at price points that surprise even seasoned real estate investors.

The area is experiencing a renaissance as renovations transform older properties into modern homes. This transition creates opportunities for buyers to purchase properties before values fully reflect the neighborhood’s improving status. A skilled buyer broker can identify which properties offer the best renovation potential or which recently updated homes provide immediate move-in readiness at below-market prices.

For investors and budget-conscious buyers, Naples Manor presents a rare combination of location and affordability. The neighborhood’s trajectory suggests significant appreciation potential, making it ideal for those who understand the value of buying in transitioning areas before they fully mature.

Lakewood: The Retiree’s Secret Paradise

Lakewood offers tranquil streets and diverse housing options that appeal particularly to retirees and snowbirds seeking value. The neighborhood features condos, townhomes, and single-family homes at approachable prices, with the added benefit of low HOA fees—a crucial consideration for those on fixed incomes.

What sets Lakewood apart is its perfect balance of peace and convenience. The quiet residential streets provide a retreat from tourist areas while maintaining easy access to downtown Naples’ amenities. This combination makes it ideal for seasonal residents who want to enjoy Florida’s lifestyle without the premium prices of beachfront communities.

A local buyer broker familiar with Lakewood can guide clients to the best values, whether that’s a low-maintenance condo perfect for lock-and-leave convenience or a single-family home with space for visiting family. They understand which properties offer the best long-term value and can negotiate effectively in this buyer-friendly market.

Golden Gate Estates: Space and Privacy in Paradise

For buyers dreaming of space and privacy, Golden Gate Estates offers a unique proposition in Naples’ real estate landscape. Properties here typically sit on lots exceeding one acre, providing room for gardens, workshops, or even horses—amenities impossible to find in more developed areas.

Despite the rural feel, Golden Gate Estates remains conveniently located, with downtown Naples just a short drive away. This proximity to urban amenities while maintaining a country atmosphere attracts buyers seeking the best of both worlds. The area particularly appeals to families wanting space for children to play safely and retirees pursuing hobbies requiring land.

Working with a buyer broker who understands Golden Gate Estates is crucial, as the area’s diversity means property values and conditions vary significantly. An experienced broker can identify which properties offer the best combination of location, lot size, and home condition while navigating any restrictions or opportunities unique to larger parcels.

Additional Hidden Gems Worth Exploring

Several other neighborhoods deserve attention from savvy buyers:

• Isles of Collier Preserve: Offers nature-focused living with kayak launches and nature trails, perfect for eco-conscious buyers who want to stay close to central Naples.
• Logan Woods: Provides spacious lots in wooded settings, offering privacy and natural beauty at competitive prices.
• Verona Walk: Presents a gated community experience with resort-style amenities at moderate prices, ideal for active adults seeking security and social opportunities without breaking the budget.

How a Local Buyer Broker Unlocks Hidden Opportunities

Access to Off-Market Listings and Pocket Properties

One of the most significant advantages of working with a local buyer broker is access to properties before they hit public listings. These “pocket listings” represent some of the best opportunities in Naples’ market, as they often come from motivated sellers willing to negotiate favorable terms to avoid the hassle of public marketing.

Beverly Howe at Florida Buyer Broker maintains extensive networks throughout Naples’ real estate community, giving clients first access to properties that never appear on mainstream websites. This insider advantage proves particularly valuable in competitive situations where desirable properties in hidden gem neighborhoods might receive multiple offers within days of listing.

The relationships buyer brokers cultivate with other agents, homeowners, and community members create a pipeline of opportunities invisible to the general public. When a property in Bayshore Arts District or Golden Gate Estates becomes available, clients working with an experienced broker often view and make offers before competing buyers even know the property exists.

Market Intelligence and Negotiation Expertise

The 2025 Naples market’s volatility creates both opportunities and risks. While some properties see dramatic price reductions, others still attract multiple offers when priced correctly. A skilled buyer broker provides the market intelligence necessary to distinguish between genuine opportunities and overpriced listings that may seem like deals.

Beverly Howe’s deep understanding of Naples’ neighborhoods enables precise valuation of properties, considering factors beyond simple comparables. She recognizes when a home in Naples Manor is priced below market due to outdated aesthetics that minor updates could transform, or when a Golden Gate Estates property’s acreage provides value that comparable sales might not reflect.

This expertise extends to negotiation strategies tailored to each situation. In a market where some sellers remain unrealistic about values while others need quick sales, knowing how to approach each negotiation can mean the difference between securing a dream home at a fair price and overpaying for a property that seemed like a deal.

FAQ Section

What are hidden gems in Naples real estate? Hidden gems refer to lesser-known neighborhoods or properties that provide exceptional value and lifestyle opportunities.

Why work with a local buyer broker? A local buyer broker has insider access to off-market listings, market intelligence, and negotiation expertise that can help you uncover hidden opportunities.

How can I find properties under market value? Working with a knowledgeable buyer broker can help you identify properties that are undervalued due to various factors, such as outdated aesthetics or transitioning neighborhoods.

Which neighborhoods are recommended for buyers in Naples? Consider exploring Bayshore Arts District, Naples Manor, Lakewood, and Golden Gate Estates for their unique offerings and value proposition.

Is it a good time to buy in Naples? With the current market shift, there are significant opportunities available for buyers, especially in hidden neighborhoods with growth potential.

Contact Beverly Howe

If you’re ready to unlock the hidden real estate gems of Naples, contact Beverly Howe today for personalized guidance and expert support in navigating this dynamic market.

Florida’s Housing Market Remains Strong Despite Rising Interest Rates

Estimated Reading Time: 5 minutes

• Florida’s housing market shows resilience amid rising interest rates.
• The state’s rapid population growth drives demand for homes.
• Tight inventory keeps home prices elevated despite higher borrowing costs.
• Working with an experienced buyer broker can provide a competitive edge.
• Florida’s lifestyle and tax benefits continue to attract buyers.

Table of Contents

• Florida’s Population Boom Drives Housing Demand
• Tight Inventory Keeps Prices Elevated
• Navigating the Market as a Buyer
• Lifestyle Draws Remain Strong
• The Bottom Line
• FAQ

Florida’s Population Boom Drives Housing Demand

One of the key factors underpinning Florida’s housing market is the state’s rapid population growth. According to the U.S. Census Bureau, Florida was the fastest-growing state in 2022, with its population increasing by 1.9% or over 400,000 people. Much of this growth is driven by migration from other states, as people are drawn to Florida’s warm climate, outdoor lifestyle, and lack of a state income tax.

This influx of new residents is fueling demand for housing, especially in popular metro areas like Miami, Orlando, and Tampa. Even with higher interest rates, the desire to live in Florida appears to be outweighing the increased costs of borrowing for many buyers. However, it’s important for buyers to carefully consider their budget and financing options in this environment.

Tight Inventory Keeps Prices Elevated

Another factor contributing to the strength of Florida’s housing market is the tight inventory of homes for sale. While the supply of homes has increased somewhat from the extreme lows seen during the pandemic, it remains well below historical norms. This scarcity of listings is helping to keep prices elevated even as interest rates rise.

According to the Florida Realtors association, the statewide median sales price for single-family existing homes was $400,000 in March 2023, up 5.3% from the previous year. For condo-townhouse units, the median price was $310,000, an increase of 7.2% year-over-year. While price growth has moderated from the double-digit spikes seen in 2021 and early 2022, it’s clear that Florida home prices are still on an upward trajectory.

Navigating the Market as a Buyer

For home buyers in Florida, the combination of rising interest rates and elevated prices can make the market feel daunting. However, there are strategies that can help buyers succeed in this environment. One of the most important is to work with an experienced buyer broker who can provide guidance and advocate for your interests.

“In a competitive market like this, having a dedicated buyer broker on your side can make all the difference,” says Beverly Howe. “We can help you find off-market properties, negotiate favorable terms, and navigate the complexities of financing in a higher rate environment.”

Howe also advises buyers to be prepared to act quickly when they find a home they love. “With inventory so tight, well-priced homes are still selling fast,” she notes. “Having your financing lined up and being ready to make a strong offer can help you stand out from the competition.”

Lifestyle Draws Remain Strong

Despite the challenges of rising interest rates, Florida’s enduring lifestyle appeals continue to draw buyers from across the country. The state’s warm weather, beautiful beaches, and abundant outdoor recreation are a major selling point, especially for retirees and remote workers who have more flexibility in where they live.

Florida’s favorable tax environment is another key draw, particularly for high earners from high-tax states like New York and California. With no state income tax and relatively low property taxes, Florida offers a compelling financial proposition for many buyers.

The Bottom Line

While rising interest rates are impacting housing markets nationwide, Florida’s unique combination of strong population growth, tight inventory, and lifestyle draws are helping to keep its market resilient. For buyers looking to navigate this complex environment, working with a skilled buyer broker like Beverly Howe can provide a significant advantage.

If you’re considering buying a home in Florida, contact Beverly Howe and the team at Florida Buyer Broker today at 1-800-283-7393. With their deep market knowledge and commitment to advocating for buyers, they can help you find your dream home in the Sunshine State.

FAQ

Q: How are rising interest rates affecting Florida’s housing market?
A: Rising interest rates have increased borrowing costs, but demand for homes remains high due to strong population growth and limited inventory.

Q: What are the current median home prices in Florida?
A: As of March 2023, the median price for single-family homes was $400,000 and $310,000 for condo-townhouse units.

Q: Should I work with a buyer broker in Florida?
A: Yes, working with an experienced buyer broker can help you navigate the complexities of the market and improve your chances of finding the right home.

Florida’s Housing Market Soars: Analyzing the Post-Pandemic Boom

Estimated reading time: 4 minutes

• Record-high home prices: Florida’s median sales prices for homes are soaring post-COVID.
• Key demand factors: Low mortgage rates, pandemic relocations, demographic trends, and investor activity are driving demand.
• Competitive market tips: Get pre-approved, be ready to make strong offers, work with a buyer broker.
• Benefits of buyer brokers: They act in your best interests and have expert market knowledge.
• Contact information: Learn how Florida Buyer Broker can assist you in your home search.

Table of Contents:

• Florida’s Housing Market Soars Amid Record Demand
• Factors Fueling Florida’s Housing Demand
• Navigating a Competitive Market
• The Benefits of Using a Buyer Broker
• Explore Your Options with Florida Buyer Broker
• FAQ

Florida’s Housing Market Soars Amid Record Demand

According to recent data from Florida Realtors, the statewide median sales price for single-family existing homes in February 2023 was $410,000, up 12.3% from the previous year. For condo-townhouse units, it was $310,000, an increase of 17.9% over February 2022. These surging prices reflect the fierce competition and high demand in the market.

Closed sales of single-family homes statewide totaled 18,707 in February 2023, down 16.3% year-over-year, while existing condo-townhouse sales totaled 8,540, down 20.5% from February 2022. However, this decrease is largely due to the critically low inventory levels constraining the market. At the end of February, there was only a 2.6-months’ supply of single-family homes and a 2.9-months’ supply of condo-townhouse units available, well below the 5.5-months’ supply typically indicative of a balanced market.

“The high demand and shortage of homes for sale continues to put upward pressure on prices,” notes Beverly Howe, Broker-Owner of Florida Buyer Broker. “Multiple offer situations are very common, with many properties selling above the original list price. It’s definitely a strong seller’s market right now.”

Factors Fueling Florida’s Housing Demand

Several key factors are contributing to the incredible demand for housing in Florida:

• Record-low mortgage rates: While rates have crept up recently, they remain very low from a historical perspective. Low borrowing costs have increased affordability and motivated buyers to enter the market.
• Pandemic-driven relocations: The rise of remote work during the pandemic untethered many people from their workplaces. This, combined with a desire for more space and amenities, has driven a surge of relocations to Florida from dense urban centers in the Northeast and Midwest. Florida’s favorable tax climate and year-round outdoor lifestyle are also major draws.
• Demographic trends: Baby boomers continue to reach retirement age and downsize or relocate. Many are attracted to Florida’s temperate climate, recreational opportunities, and retirement-friendly communities. Meanwhile, millennials, now the largest generation, are reaching prime homebuying age and starting families, further boosting demand.
• Investor activity: Investors, both domestic and international, are flocking to Florida real estate, viewing it as a relatively stable and attractive asset in an uncertain economy. Low borrowing costs and the potential for strong returns in a tight rental market add to the appeal for investors.

Navigating a Competitive Market

For home buyers, navigating this ultra-competitive housing market can be challenging. Beverly Howe offers some practical tips:

• Get pre-approved for a mortgage before beginning your home search. This lets you act quickly when you find the right property and shows sellers you’re a serious, qualified buyer.
• Be ready to make a strong offer immediately. Properties are moving extremely quickly, so hesitation can mean losing out.
• Work with an experienced, local buyer broker who knows the market inside and out and can guide you through the process. They can help you craft a winning offer and handle critical details and negotiations.
• Be flexible on closing dates and other terms to make your offer more attractive to sellers, who may be juggling multiple bids.
• Don’t get discouraged. In this market, it may take multiple attempts to secure a home. Stay persistent and be ready to pivot if necessary.

The Benefits of Using a Buyer Broker

In a fast-moving, seller-friendly market, having a knowledgeable buyer broker in your corner is more important than ever. Beverly Howe and her team at Florida Buyer Broker exclusively represent the interests of home buyers, providing expert guidance and advocacy every step of the way.

Some key benefits of using a buyer broker include:

• Fiduciary duty: A buyer broker has a legal and ethical obligation to act solely in the buyer’s best interests. They provide objective advice and put the buyer’s needs first.
• Market expertise: An experienced local buyer broker will have in-depth knowledge of the market, including pricing trends, neighborhood dynamics, and off-market opportunities. They can help buyers make informed decisions and avoid overpaying in a competitive market.
• Access and connections: Buyer brokers often have extensive networks and access to properties before they officially hit the market. This can give buyers a critical edge in a low-inventory environment.
• Negotiation skills: In a multiple-offer scenario, a skilled buyer broker can craft an attractive offer and negotiate favorable terms, increasing the likelihood of a successful bid.
• Streamlined process: A buyer broker handles all the complex details and paperwork of the homebuying process, from initial search to closing. This reduces stress and allows buyers to focus on finding their ideal home.

Explore Your Options with Florida Buyer Broker

If you’re considering purchasing a home in Florida, Beverly Howe and the team at Florida Buyer Broker are here to help. With decades of combined experience and unparalleled market knowledge, they provide the expert guidance buyers need to navigate this dynamic and competitive market.

To learn more about how a buyer broker can help you achieve your Florida homeownership dreams, contact Beverly Howe at 1-800-283-7393 or visit Florida Buyer Broker. Don’t let this incredible opportunity pass you by – start exploring your options with Florida Buyer Broker today!

FAQ

Florida’s Booming Market: Why Buyer Brokers are Essential in 2023

Estimated Reading Time: 5 minutes

• Florida’s housing market is experiencing unprecedented demand and low inventory.
• Buyer brokers provide critical advantages in a competitive market.
• Beverly Howe offers unmatched expertise and support for home buyers.
• Understanding the local market dynamics is vital for success.

Table of Contents

• Why Florida’s Housing Market is Surging in 2023
• How a Florida Buyer Broker Can Help You Succeed
• Why Choose Beverly Howe as Your Florida Buyer Broker
• FAQ Section

Why Florida’s Housing Market is Surging in 2023

Several factors are fueling the incredible growth and demand in the Florida residential real estate market:

• Florida’s population is rapidly expanding, with over 1,000 people moving to the Sunshine State every day, drawn by the warm weather, beautiful beaches, and lack of state income tax. The state’s population is projected to increase by over 300,000 people in 2023 alone.
• The rise of remote work has allowed more people to relocate to their ideal destinations like Florida while keeping their high-paying jobs based elsewhere. Florida is the #1 destination for relocating remote workers.
• Mortgage interest rates, while higher than their 2021 lows, are still at historically low levels, increasing buying power for home shoppers and spurring demand.
• Florida’s economy is thriving, consistently outpacing the national average in job and GDP growth. The state is a hub for high-growth industries like aerospace, financial services, healthcare and hospitality.
• Residential construction has not been able to keep pace with the influx of new residents, leading to an extremely constrained supply of homes for sale. Florida has only a 2-month supply of inventory as of early 2023.

The result is an ultra-competitive seller’s market, with homes selling as soon as they’re listed, often with multiple offers over asking price. The median home price in Florida has soared to $410,000, an 18% increase from a year ago. Two-thirds of homes are selling above their initial list price.

How a Florida Buyer Broker Can Help You Succeed

When homes are selling this quickly and competitively, you need a skilled buyer broker advocating for your interests and helping you stand out from the competition. Here’s how partnering with an experienced buyer broker provides an advantage:

1. Early Access to Listings: Buyer brokers often learn about homes coming on the market before they are publicly listed. They can alert you right away so you can be first in line with an offer when desirable properties hit the market. In a market this competitive, getting a head start is often the difference between winning or losing your dream home.
2. Negotiation Expertise: With most listings receiving multiple over-ask offers, you need a shrewd negotiator to make your bid the most attractive to sellers. Buyer brokers have expertise structuring offers with the right mix of price and terms to beat out the competition. They also have relationships with listing agents to gather intel on what sellers are looking for.
3. Valuation & Market Analysis: It’s easy for buyers to overpay in a frenzied market. A good buyer broker provides an objective analysis of a home’s fair market value so you don’t get caught up in a bidding war and pay more than you should. They have access to off-market comparable sales data to calculate an accurate valuation.
4. Professional Guidance: The home buying process can be complex and stressful, especially in a cut-throat market. An experienced buyer broker guides you through each step, from getting pre-approved for a mortgage to scheduling inspections to reviewing condo docs. They provide clarity and peace of mind.
5. Post-Closing Support: Your relationship with your buyer broker doesn’t end when you close on your new home. The best brokers continue to be a resource afterward, providing recommendations for contractors, designers, and other professionals to help you settle into your new home and community.

Why Choose Beverly Howe as Your Florida Buyer Broker

Beverly Howe is a top buyer broker in Florida with over 20 years of experience helping home buyers find their piece of paradise. Some of the reasons she is trusted by so many Florida home shoppers include:

• Unmatched Negotiation Skills: Beverly’s expert negotiation tactics help her buyers’ offers win in competitive multiple-bid situations. She excels at crafting compelling bids.
• Extensive Market Knowledge: Beverly’s decades of experience provide encyclopedic knowledge of Florida’s housing inventory, neighborhoods, and market dynamics. She knows how to match buyers with their ideal homes and locations.
• A Vast Professional Network: Beverly’s close relationships with top agents, mortgage lenders, inspectors, attorneys, and contractors provide her buyers an edge and a smooth transaction.
• Accessible & Attentive Service: Beverly provides the responsive, hands-on support you need in a fast-moving market. She’s always just a call, text, or email away to answer questions and solve problems.
• Trusted Expertise: Beverly’s sterling track record and glowing reviews from past clients demonstrate why she is one of Florida’s most referred buyer brokers. Her expertise makes the daunting process easy.

FAQ Section

What is a buyer broker? A buyer broker is a licensed real estate professional who exclusively represents the buyer in a property transaction, ensuring their interests are prioritized.

How can a buyer broker help in a competitive market? A buyer broker can provide early access to listings, expert negotiation tactics, market analysis, and professional guidance throughout the buying process.

Why should I choose Beverly Howe as my buyer broker? Beverly Howe offers unmatched negotiation skills, extensive market knowledge, a vast professional network, and attentive service, making her a trusted choice for home buyers in Florida.

Call to Action

If you’re looking to buy a home in Florida in 2023, don’t go it alone. Partner with an experienced buyer broker like Beverly Howe who can give you the competitive advantage you need. Contact Beverly today at 1-800-283-7393 to start your home search or visit www.floridabuyerbroker.com to explore available listings and see why so many Florida buyers trust her to help them find their dream home. Make your Florida homeownership dreams a reality with Beverly Howe!

Florida’s Housing Market Stabilizes: What It Means for Buyers and Sellers

Estimated Reading Time: 5 minutes

• Florida’s housing market is stabilizing after a period of rapid price increases.
• Buyers are benefiting from increased inventory, while sellers must adjust expectations.
• Working with a local expert can help navigate the changing market.

Table of Contents

• A Cooler, More Balanced Market Emerges
• What Buyers Should Know
• Advice for Sellers
• The Takeaway
• FAQ Section
• Contact Beverly Howe

A Cooler, More Balanced Market Emerges

Florida’s housing market has been red-hot since mid-2020, fueled by record-low mortgage rates, pandemic-driven migration from other states, and a severely limited inventory of homes for sale. This perfect storm of factors led to an incredibly competitive seller’s market, with properties often receiving dozens of offers and selling well above asking price.

However, data from the Florida Realtors association shows that the market has begun to cool off and move toward more balanced conditions. In the first quarter of 2023:

• Closed sales decreased 8.1% compared to Q1 2022.
• Median sale price growth slowed to 5.2% year-over-year, down from 15%+ earlier in 2022.
• Months’ supply of inventory, though still low at 2.8 months, has nearly doubled from the record low of 1.5 months in early 2022.
• Median time to contract increased from 10 days in Q1 2022 to 24 days in Q1 2023.

These trends indicate that while demand remains strong and prices continue to rise, the market is gradually rebalancing. Buyers have a bit more breathing room to shop around, while sellers may need to adjust their expectations slightly.

What Buyers Should Know

For buyers, the stabilizing market is a welcome development. The frantic pace of the past two years made it extremely challenging to find and successfully bid on a home, with many buyers getting priced out or exhausted by the process. Here are some key takeaways for buyers in the current market:

• More inventory to choose from: With the supply of homes for sale slowly increasing, you’ll likely have more options to consider and a bit less pressure to make an immediate offer.
• Still a seller’s market: Even with the cool-down, demand continues to outpace supply, and well-priced homes in desirable areas are still selling quickly. Be prepared to act decisively when you find a property you love.
• Get pre-approved: In a competitive market, having your financing lined up is crucial. Get pre-approved for a mortgage before beginning your search so you know exactly how much you can afford and can make a strong offer.
• Work with a buyer broker: As a buyer, it costs you nothing to hire a buyer broker to represent your interests and guide you through the process. We have access to off-market properties, can help you craft a winning offer, and will advocate for you every step of the way.

Advice for Sellers

While the stabilizing market may seem concerning for sellers accustomed to astronomical price growth and bidding wars, it’s important to keep things in perspective. Home values remain at historic highs, and well-maintained properties that are priced appropriately are still selling quickly. Here’s what sellers need to know:

• Pricing is key: With buyers having a few more options, overpricing your home could lead to it sitting on the market longer. Work with a local real estate professional to determine a competitive listing price based on recent comparable sales.
• Preparation pays off: In a slower market, the homes that stand out are those in pristine condition. Invest in any necessary repairs or cosmetic updates before listing to make your property as attractive as possible to buyers.
• Be flexible: With less competition among buyers, you may need to be more open to negotiation on price, closing date, or other terms. Consider what’s most important to you and where you’re willing to compromise.
• Have realistic expectations: While you can still expect to sell your home for a healthy profit, the days of 20%+ annual price growth are likely behind us. Focus on your reasons for selling and your broader financial goals rather than trying to time the market perfectly.

The Takeaway

Florida’s housing market is finally catching its breath after an unprecedented two-year sprint. For buyers, the stabilizing conditions offer a bit more opportunity to find the right home without as much stress and competition. Sellers, meanwhile, can still reap significant gains from the state’s elevated home values, but may need to adjust their approach slightly.

Ultimately, whether you’re looking to buy or sell a home in Florida, working with a local expert like Beverly Howe and Florida Buyer Broker is key to achieving your goals. With over two decades of experience helping clients succeed in all types of markets, we have the knowledge, skills and connections to guide you to a successful outcome.

FAQ Section

Q: Is now a good time to buy a house in Florida?

A: With the market stabilizing, buyers may find more options and less competition, making it a promising time to buy.

Q: Should I wait for prices to drop before selling?

A: While future price growth may be lower, home values are still high. It is essential to focus on your reasons for selling rather than try to time the market.

Contact Beverly Howe

If you’re considering buying or selling a home in Florida, contact Beverly Howe at 1-800-283-7393 to learn how we can help you navigate the changing market with confidence and ease. From finding off-market properties to crafting winning offers to maximizing your home’s value, we’re here to be your trusted partner every step of the way.

Florida Mortgage Rates Drop: Opportunity For Homebuyers To Lock In Savings

Estimated Reading Time: 5 minutes

• Lower mortgage rates present significant savings.
• Increased affordability and buying power for buyers.
• Potential for refinancing opportunities.
• Expert guidance from buyer brokers like Beverly Howe.

Table of Contents

• Understanding the Current Mortgage Rate Landscape
• The Benefits of Lower Mortgage Rates for Florida Homebuyers
• Actionable Steps for Homebuyers
• How Florida Buyer Broker Can Help
• FAQ Section

Understanding the Current Mortgage Rate Landscape

Mortgage interest rates play a critical role in determining the overall cost of purchasing a home. Even a small decrease in rates can translate into thousands of dollars saved over the life of your loan. The recent dip in Florida mortgage rates is a welcome development for buyers who have been waiting for the right time to make their move.

Several factors contribute to fluctuations in mortgage rates, including:

1. Economic conditions: A slower economy often leads to lower interest rates as the Federal Reserve seeks to stimulate growth.
2. Inflation: When inflation is low, mortgage rates tend to follow suit. The current low-inflation environment is helping keep rates in check.
3. Bond market: Mortgage rates are closely tied to the yield on 10-year Treasury bonds. As bond prices rise and yields fall, mortgage rates typically decrease.

The Benefits of Lower Mortgage Rates for Florida Homebuyers

A drop in mortgage rates opens up several advantages for buyers in the Florida real estate market:

1. Increased affordability: Lower rates mean lower monthly payments, making homeownership more accessible for a wider range of buyers.
2. More buying power: With lower rates, you may be able to afford a higher-priced home without increasing your monthly budget.
3. Potential for refinancing: If you already own a home, falling rates could present an opportunity to refinance and lower your payments or shorten your loan term.

As a buyer broker, Beverly Howe and her team at Florida Buyer Broker are uniquely positioned to help you navigate these market conditions and find the best home and mortgage for your needs. Unlike traditional real estate agents, a buyer broker works exclusively for you, the buyer, and does not take listings or represent sellers. This means you have an experienced advocate in your corner throughout the entire home buying process.

Actionable Steps for Homebuyers

If you’re considering purchasing a home in Florida, now is the time to act. Here are some practical steps you can take to make the most of the current low mortgage rate environment:

1. Get pre-approved: Work with a lender to get pre-approved for a mortgage. This will give you a clear idea of your budget and make you a more competitive buyer in the market.
2. Start your home search: Begin looking at homes in your desired area and price range. Beverly Howe and her team can help you identify properties that match your criteria and schedule viewings.
3. Be prepared to act quickly: In a competitive market, homes can move fast. Have your financing in order and be ready to make an offer when you find the right property.
4. Consider locking in your rate: Once you’re under contract on a home, talk to your lender about locking in your mortgage rate to protect against potential increases before closing.

How Florida Buyer Broker Can Help

At Florida Buyer Broker, we specialize in representing the interests of homebuyers throughout the state. Our team, led by Licensed Real Estate Broker Beverly Howe, has extensive knowledge of the local market and can guide you through every step of the buying process, from finding the perfect home to negotiating the best price and terms.

Some of the key benefits of working with a buyer broker include:

1. No cost to you: In most cases, the seller pays our commission, so you can enjoy expert representation at no additional cost.
2. Access to off-market properties: We have a wide network of contacts and can often help you find homes that aren’t yet listed on the open market.
3. Objective advice: Because we don’t take listings or represent sellers, you can trust that our advice is always in your best interest.
4. Skilled negotiation: We’ll work hard to get you the best possible price and terms on your home purchase.

With mortgage rates at attractive lows, now is an excellent time to make your Florida homeownership dreams a reality. Contact Beverly Howe and the team at Florida Buyer Broker today at 1-800-283-7393 to learn more about how we can help you find and purchase your ideal home while taking advantage of today’s favorable market conditions. Don’t miss this opportunity to lock in savings on your mortgage and start enjoying the Florida lifestyle you’ve always wanted.

FAQ Section

Q: What are the current mortgage rates in Florida?
A: Mortgage rates fluctuate, and it’s best to check with your lender for the most accurate and current rates.

Q: How can I find a buyer broker?
A: You can reach out to firms like Florida Buyer Broker, where professionals specialize in working solely with buyers.

Q: Is there a cost associated with using a buyer broker?
A: Typically, the seller pays the commission for the buyer broker, so you can receive expert help at no cost to you.

Florida’s Housing Market Remains Strong Despite Rising Interest Rates

Estimated Reading Time: 4 minutes

• Florida’s housing market shows resilience amidst rising mortgage rates.
• Strong population growth and limited housing inventory are key factors.
• Engaging a buyer broker can offer significant advantages in this competitive market.
• The current median sales price for single-family homes is $415,000.

Table of Contents

• Market Overview
• Population Growth
• Inventory Challenges
• Benefits of a Buyer Broker
• FAQ
• Contact Beverly Howe

Market Overview

Despite the economic headwinds of rising mortgage interest rates over the past year, Florida’s housing market continues to demonstrate remarkable resilience and strength. While higher borrowing costs have cooled demand somewhat compared to the frenzied pandemic peak, the Sunshine State’s real estate sector is still thriving thanks to robust population growth, limited housing inventory, and the enduring appeal of the Florida lifestyle.

According to the latest data from Florida Realtors, the statewide median sales price for single-family existing homes in April 2023 was $415,000, up 1.2% from the previous year. For condo-townhouse units, it was $322,000, an increase of 3.2% over April 2022. Although closed sales were down year-over-year due to affordability challenges, the market remains competitive, with a statewide median time to contract for single-family existing homes of just 24 days.

“Florida’s housing market is still seeing strong demand from buyers, even with higher interest rates,” says Beverly Howe, a Licensed Real Estate Broker and owner of Florida Buyer Broker. “The state’s population continues to grow as people are drawn to our incredible weather, outdoor recreation, lack of income tax, and high quality of life. This sustained population influx, coupled with a shortage of housing supply, is keeping prices stable and the market active.”

Population Growth

Indeed, Florida’s population growth shows no signs of slowing down. Between 2020 and 2021, the state gained an estimated 211,000 residents, the second-largest increase in the U.S. after Texas. Many of these new Floridians are coming from high-cost, high-tax states in the Northeast and Midwest, attracted by the ability to work remotely, Florida’s business-friendly environment, and the allure of year-round sunshine.

This steady stream of newcomers is helping to offset the impact of higher mortgage rates, which have risen from historic lows around 3% in 2021 to over 6% as of May 2023. While these increased borrowing costs have undoubtedly affected affordability and priced some buyers out of the market, demand remains strong, especially in popular destinations like Miami, Tampa, Orlando, and Jacksonville.

Inventory Challenges

Another factor supporting Florida’s housing market is the state’s constrained inventory of homes for sale. In April 2023, there was a 2.6-months’ supply of single-family homes and a 2.7-months’ supply of condo-townhouse properties, according to Florida Realtors. A balanced market typically has a 5.5-months’ supply, so these tight inventory levels are helping to keep prices elevated and the market competitive.

“Low inventory has been a persistent challenge in Florida’s housing market for several years now,” notes Howe. “With land and construction costs rising, and many existing homeowners reluctant to sell and give up their low mortgage rates, we simply don’t have enough homes to meet the demand from buyers. This supply-demand imbalance is likely to continue supporting prices even as interest rates remain elevated.”

Benefits of a Buyer Broker

For home buyers navigating this competitive landscape, working with an experienced buyer broker can provide a significant advantage. A buyer broker is a licensed real estate professional who exclusively represents the interests of the buyer, helping them find the right property, negotiate the best price and terms, and guide them through the complex purchasing process.

“In a market like Florida’s, where demand is high and inventory is low, having a skilled buyer broker on your side can make all the difference,” says Howe. “A buyer broker will have in-depth knowledge of the local market, access to off-market properties, and the negotiation expertise to help you secure your dream home at the best possible price. They can also save you time and stress by handling all the paperwork and coordination with lenders, inspectors, and title companies.”

Some key benefits of using a buyer broker include:

• No cost to the buyer: In most cases, the buyer broker’s commission is paid by the seller, so there’s no additional cost to the buyer for this valuable service.
• Objective advice and advocacy: A buyer broker works solely for you, providing unbiased guidance and looking out for your best interests at every step.
• Access to more properties: Buyer brokers often know about off-market or coming-soon listings that you might miss on your own.
• Skilled negotiation: An experienced buyer broker can help you craft a winning offer and negotiate favorable terms, potentially saving you money.
• Streamlined process: Your buyer broker will handle all the details and paperwork, making the buying process as smooth and efficient as possible.

FAQ

Q: What should I consider when buying a home in Florida?
A: Key factors include the local market conditions, financing options, and working with experienced professionals like buyer brokers for support.

Q: How does population growth affect the housing market?
A: Increased demand from new residents can lead to higher prices and more competition in desirable areas.

Q: Why is having a buyer broker advantageous?
A: A buyer broker advocates for your best interests, provides market knowledge, and can help you find properties that suit your needs while saving you time and money.

Contact Beverly Howe

To learn more about how a buyer broker can help you navigate Florida’s competitive housing market and find your ideal home, contact Beverly Howe and her team at Florida Buyer Broker today. Call 1-800-283-7393 or visit floridabuyerbroker.com to schedule a free consultation and take the first step toward owning your piece of the Sunshine State.

Despite the challenges posed by rising interest rates, Florida’s housing market remains robust, fueled by strong population growth, limited inventory, and the state’s enduring appeal. By working with a skilled buyer broker like Beverly Howe and Florida Buyer Broker, you can position yourself for success in this dynamic market and turn your Florida homeownership dreams into reality.

Florida’s Housing Market Defies National Trends: Insights for Buyers

Estimated Reading Time: 5 minutes

• Sustained Population Growth: Florida remains a top destination for domestic and international buyers.
• Limited Inventory: The housing supply lags behind demand, keeping prices stable.
• Attractive Affordability: Florida offers a lower cost of living compared to states like California and New York.
• Investor Interest: Strong rental markets attract real estate investors, contributing to market health.
• Long-Term Potential: The state has a proven track record of resilience and property appreciation.

Table of Contents

• A Market That Bucks the Trend
• Navigating the Market as a Buyer
• The Florida Lifestyle Advantage
• Your Florida Home Buying Partner
• FAQ Section

A Market That Bucks the Trend

Florida’s housing market has consistently defied national trends, showcasing its strength and adaptability even in challenging times. While some regions have experienced a slowdown in sales and price growth, Florida’s market continues to thrive, driven by several key factors:

• Sustained Population Growth: Florida remains a top destination for both domestic and international buyers, drawn by its appealing lifestyle, favorable tax environment, and diverse job opportunities. This steady influx of new residents fuels ongoing demand for housing.
• Limited Inventory: Despite increased construction activity, Florida’s housing supply still lags behind the growing demand. This scarcity of available homes helps to maintain a seller’s market, keeping prices stable and competition among buyers robust.
• Attractive Affordability: Compared to other high-growth states like California and New York, Florida offers a more affordable cost of living and lower housing prices. This relative affordability makes homeownership more accessible to a wider range of buyers.
• Investor Interest: Florida’s strong rental market and potential for appreciation continue to attract real estate investors, both domestic and foreign. This investor activity contributes to the overall health and liquidity of the housing market.

Navigating the Market as a Buyer

While Florida’s housing market presents exciting opportunities, buyers must approach the process with knowledge and strategic planning. Here are some key considerations for those looking to purchase a home in Florida:

• Work with a Buyer Broker: In a competitive market, having a dedicated buyer broker like Beverly Howe on your side can make all the difference. A buyer broker exclusively represents your interests, helping you find the right property, negotiate the best terms, and navigate the complexities of the transaction. Their expertise and advocacy can save you time, money, and stress.
• Be Prepared to Act Quickly: With limited inventory and high demand, desirable properties can move fast in Florida. Having your financing in order, being clear on your must-haves, and being ready to make a strong offer can help you seize opportunities when they arise.
• Look Beyond the Hotspots: While popular cities like Miami, Orlando, and Tampa tend to dominate the headlines, Florida offers a wealth of hidden gems. Exploring up-and-coming neighborhoods, smaller towns, and coastal communities can yield great value and unique lifestyle options.
• Consider New Construction: With the scarcity of existing homes, new construction can be an attractive option for buyers. Florida’s builders are responding to demand with innovative designs, energy-efficient features, and amenity-rich communities. A buyer broker can help you navigate the new construction process and ensure you get the best value for your investment.
• Think Long-Term: Florida’s housing market has a proven track record of resilience and appreciation over time. While short-term fluctuations are inevitable, buyers who take a long-term view and invest in quality properties in desirable locations can benefit from the state’s ongoing growth and appeal.

The Florida Lifestyle Advantage

Beyond the financial considerations, buying a home in Florida offers an unparalleled lifestyle that continues to draw people from all walks of life. From the stunning beaches and year-round sunshine to the vibrant cultural scene and world-class attractions, Florida provides a quality of life that is hard to match.

Whether you’re seeking an active retirement, a family-friendly community, or a thriving urban center, Florida’s diverse regions offer something for everyone. The state’s commitment to economic development, infrastructure investment, and environmental preservation ensures that it will remain an attractive place to call home for generations to come.

Your Florida Home Buying Partner

At Florida Buyer Broker, Beverly Howe and her team are dedicated to helping buyers navigate the exciting opportunities in Florida’s housing market. With deep local knowledge, extensive industry experience, and a commitment to personalized service, they provide the guidance and support buyers need to make informed decisions and achieve their homeownership goals.

If you’re considering buying a home in Florida, don’t go it alone. Partner with a trusted buyer broker who puts your interests first and helps you unlock the full potential of this dynamic market. Contact Beverly Howe at Florida Buyer Broker today at 1-800-283-7393 to start your journey towards finding your dream home in the Sunshine State.

FAQ Section

Q: What should I consider when moving to Florida?

A: Consider factors such as cost of living, climate, job opportunities, and housing availability.

Q: Is the Florida housing market expected to change?

While fluctuations may occur, Florida’s housing market has shown resilience and continues to attract buyers.

Q: How can a buyer broker help me?

A buyer broker specializes in representing buyers, providing expertise, negotiation skills, and support throughout the purchasing process.

Q: What are the benefits of new construction homes in Florida?

New construction often includes modern designs, energy efficiency, and the opportunity to choose finishes.

Q: How does Florida’s climate affect real estate?

Florida’s warm climate is appealing to many, impacting demand positively for year-round living and vacation properties.

Remember, in Florida’s thriving housing market, having a knowledgeable advocate on your side can make all the difference. With Beverly Howe and Florida Buyer Broker, you can approach the home buying process with confidence, knowing that you have a dedicated partner committed to your success every step of the way.

Exploring Florida’s 2025 Real Estate Boom: Why Buyer Brokers Are Essential

Estimated reading time: 3 minutes

• Florida’s real estate market is experiencing significant growth in 2025.
• Buyer brokers play a crucial role in representing buyers’ interests.
• Beverly Howe and Florida Buyer Broker are leading in this dynamic market.
• Understanding market trends is essential for buyer success.
• Acting decisively can secure ideal properties in a competitive environment.

Florida’s Real Estate Surge: A Closer Look

Florida’s real estate market has always been a beacon of activity, driven by its desirable climate, favorable tax policies, and a lifestyle that attracts both international and domestic buyers. In 2025, these factors have combined with post-pandemic economic adjustments to create a perfect storm for a real estate boom. According to industry experts, factors such as increased remote work opportunities and sustained demand for residential homes are fueling this growth.

Additionally, the state’s appeal as a retirement haven continues to draw a steady influx of buyers, contributing to a competitive housing environment with a median price for single-family homes soaring to new heights. This environment necessitates the expertise and strategic guidance of buyer brokers who are familiar with the nuances of Florida’s housing trends and can provide invaluable insights for navigating this emerging terrain.

The Role of Buyer Brokers in Navigating the Market

Buyer brokers like Beverly Howe specialize in representing the buyer’s interests during the home purchasing process. Unlike traditional real estate agents who may work with both buyers and sellers, buyer brokers are committed solely to the buyer, unlocking several key advantages:

• Exclusive Representation: By focusing entirely on buyers, a buyer broker offers undivided attention to understanding their client’s specific needs, preferences, and financial capacity. This ensures a more tailored search process, invaluable in today’s fast-paced market.
• Market Insight and Expertise: With a pulse on Florida’s latest real estate trends, buyer brokers provide critical market data and insights. They understand the ebbs and flows of local areas and can advise on the best neighborhoods to invest in, considering factors like school districts, future development plans, and community amenities.
• Negotiation Prowess: One of the greatest benefits of using a buyer broker is their ability to negotiate terms that favor the buyer. Knowing the local market inside and out allows them to leverage information to secure the best possible price and conditions for their clients.
• Seamless Transactions: Buyer brokers facilitate a smooth buying process by coordinating with lenders, inspectors, and attorneys, ensuring that all parties are aligned and that the transaction proceeds without unnecessary hitches.

Why Beverly Howe and Florida Buyer Broker?

Navigating the complexities of the real estate market requires more than understanding numbers—it’s about building relationships and trust. Beverly Howe, with her extensive experience and commitment to her clients, embodies the very best of what a buyer broker can offer. Her intimate knowledge of Florida’s real estate market and dedication to client satisfaction make her and Florida Buyer Broker the go-to choice in this competitive field.

Choosing the Right Neighborhood

Beverly’s experience enables her to guide clients to neighborhoods that fit their lifestyle aspirations and investment goals. Whether it’s the bustling urban vibe of Miami or the serene, coastal charm of Sarasota, Beverly’s expertise ensures that clients discover areas that meet both their current needs and future expectations.

Investing in Future Value

One of the most notable concerns for buyers in 2023 is ensuring the long-term value of their investment. With real estate being among the most significant investments for many families, understanding factors that contribute to a home’s future value is essential. Beverly’s deep understanding of market trends, local city plans, and environmental considerations helps buyers make informed choices that will maintain and grow in value over time.

Practical Advice for Home Buyers in Florida

Amidst the fast-paced 2023 market, prospective home buyers can greatly benefit from the following actionable tips:

1. Pre-Approval is Key: Securing mortgage pre-approval can streamline your home search process, allowing you to move quickly when you find the perfect property.
2. Define Your Criteria Early: Work with your buyer broker to clearly outline must-have features in your new home, prioritizing needs over wants to help focus your search.
3. Understand Market Dynamics: Stay updated on Florida’s housing trends with your broker’s assistance to gauge when to act on opportunities.
4. Be Ready to Act: In a booming market, speed and decisiveness are vital. Be prepared to move forward quickly to secure desirable properties.
5. Trust Your Broker: Leverage the expertise of your buyer broker for guidance and rely on their experience during negotiations and contract finalization.

Conclusion

With Florida’s 2025 real estate boom bringing both excitement and challenge, the expertise of a dedicated buyer broker like Beverly Howe is invaluable. Her unwavering commitment to serving her clients’ best interests ensures a buying experience that is not only efficient but tailored to individual needs and goals.

FAQ

If you have more questions about navigating Florida’s real estate market, don’t hesitate to reach out.

Call to Action

Ready to explore Florida’s booming real estate market with confidence? Contact Beverly Howe at Florida Buyer Broker today at 1-800-283-7393 and let her expertise guide you to your dream home in the Sunshine State. Don’t miss out on the opportunities that this dynamic market has to offer!