A reduction in the state’s business lease tax – from 4.5% to 2.0% – is expected to take effect in June, weeks earlier than originally planned.

Moody's Analytics found an uptick in vacant office space in 4Q 2023 due to shifting work habits, overbuilding and lingering effects of the pandemic, the Wall Street Journal reported. 

Christopher Waller, an influential member of the Fed's Board of Governors, said he’s feeling confident the economy is moving in a positive direction.

Redfin found the average U.S. household could not afford many of the homes for sale in 2023. The problem stems partly from the housing shortage.

Property data analytics company ATTOM said foreclosure starts increased from 2022, but completions declined. The company said the increase is a market correction.

The Consumer Financial Protection Bureau (CFPB) advised consumer credit reporting companies against providing false, incomplete and old information.

State Rep. Sheldon Roach thinks Citizens Property Insurance Corp. could become the state’s go-to windstorm coverage provider, but others say it’s not a good idea.

UCF’s Dr. Sean Snaith said Florida has a “solid safety net” if the economy stumbles. Snaith will share insights during the Florida Real Estate Trends summit on Jan. 19.

Active listings in the U.S. climbed 4.9% in December year over year, but for-sale inventory is still below pre-pandemic levels.

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