Hello, homeowners and contractors of Central Florida! As the leaves start to change and a cool breeze sweeps through the Sunshine State, it’s time to think about getting your homes ready for fall. Whether you’re a homeowner wanting to ensure a cozy and hassle-free season or a contractor eager to assist your clients, this Fall …

Fall Maintenance Checklist Read More »

In the bustling world of urban development and architecture, recognition for excellence is akin to receiving an Oscar in the film industry. One such accolade that has been making waves is the Urban Land Institute’s (ULI) Florida/Caribbean 2023 Project of the Year Award, and the Miami Beach Convention Center has earned its place as one …

Miami Convention Renovation Read More »

Hey there, Central Florida builders and readers! Today, we’re diving into a topic that’s close to our hearts and crucial for everyone’s safety: work zone construction on and near highways. We recently came across some eye-opening data from a study conducted by the Associated General Contractors (AGC) of America and HCSS, and we wanted to …

Keeping Construction Zones Safe Read More »

In a move to protect the state’s natural landscapes, Florida has allocated more than $103 million to preserve 40,000 acres of land. These efforts are being carried out through the Florida Forever and Rural and Family Lands Protection programs. The selected projects are strategically located within the Florida Wildlife Corridor, a network of interconnected lands …

Florida Invests Over $103 Million in Land Conservation Read More »

Foreclosure activity in the U.S. has been on the rise despite government efforts to reduce the rate. According to ATTOM Data Solutions, there were a total of 95,712 U.S. properties with foreclosure filings during the first quarter of 2023, up 6 percent from the previous quarter and a whopping 22 percent from just a year …

Spike in Foreclosures: Understanding the Trend Read More »

The real estate market in Florida has been experiencing significant changes in the past few years, especially during the pandemic. With limited inventory and rising demand, home prices have increased, making it more expensive for buyers to invest in new property. But does that mean it is better to rent or buy a home in …

Rent or Buy? Both too high! Read More »

No surprise to local Florida residents that the Sunshine State gets more than its fair share of visitors. Tourism actually plays such a large role that the state’s tourism-marketing team, Visit Florida, maintains that Florida is the top U.S. travel destination for international travelers based on market share. Florida’s tourism statistics for the 3rd quarter …

Reviving Tourism in the Sunshine State Read More »

There’s a looming storm cloud over Florida’s property insurance market. Florida homeowners currently pay property insurance rates that are three times the national average. This is primarily due to significant catastrophic risk from hurricanes and flooding. Hurricane Ian caused between $35 billion and $73 billion in insured damage in the state of Florida. This further …

Fixing Florida’s Property Insurance Market Read More »

Headline Inflation for this month is around 8.5%, which is down from last month’s 9.1%. This change is heading in the right direction, however there are multiple sources that influence this number. The drop in inflation we are seeing currently is likely primarily influenced by changing oil and gas prices. While still high, gas prices …

Inflation Stabilization Indicators Read More »

Homebuyers are trying to afford this pricey spring market and resorting to Adjustable Rate Mortgages, the highest demand in 14 years! Mortgage applications to purchase a home rose 5% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with …

Adjustable Rate Mortgage Demand at 14 Year High, Uh Oh. Read More »

     Any Florida residents already know that the Sunshine State attracts more than its fair share of attention. From tourists visiting beaches and theme parks, to an influx in migration.   With the rate it’s been going, it is projected that Florida will attract about 2.5 MILLION new residents by the end of the …

Florida’s Growing Pains Read More »

Central Florida Builders weigh in on the new landscape of Florida’s economy. Florida’s economy has bounced back from the pandemic quicker than most – which economists credit in part to a surge of people buying homes in the state. But Federal Reserve officials warn that there’s a housing bubble brewing. Home prices across the country …

Housing bubbles have hit Florida hard. Is it ready for another one? Read More »

Amid changes in local tourism and economic development in the area, the Department of Labor made a recalculation on Central Florida’s economic recovery. And in their focus on the future and economic gains painted by the fresh data set, Brill said that he sees promise in the construction industry right now. According to the partnership, Central Florida’s construction industry is …

Central Florida Construction Industry Bright Future Read More »

Florida has been a national leader when it comes to its state-wide building code. The code, which was enacted by the Florida Legislature in 1998, following the destruction of Hurricane Andrew, became effective on March 1, 2002. Since then, over a quarter of the state’s homes have been built or remodeled to code satisfaction. This …

Disaster-Proofing Tips Read More »

Private rail provider, Brightline, is currently over halfway done with the construction of its new high-speed railway extension from West Palm Beach to the Orlando International Airport. With an expected completion date of late 2022, the rail line will connect South and Central Florida over a 235-mile span! Over 10,000 jobs and over $6.4 billion …

Brightline’s Brightside for Builders Read More »

On top of all the seasonal snowbirds that migrate to Florida for warmer climes, and the tourists that come to take pictures with overgrown rodents, there’s a steady stream of people that are actually looking to put their roots down here in the Sunshine State. How’s the housing market keeping up? This flood of new …

Rapid Population Growth Drowning the Housing Market? Read More »

Every year, the U.S. Green Building Council releases a “Top Ten States for Green Building” list. This list is based on the number of LEED (Leadership in Energy and Environmental Design) certified square footage in each state. Last year, in 2020, Florida did not make the Top 10 list for certified square footage. However, the …

State of Sustainability Read More »

Florida Home Builder Association NEWS… Entries are currently being accepted for the 2021 Aurora Awards! Featuring 61 categories, the Aurora Awards cover all aspects of the residential, commercial and remodeling industries. From overall design to sustainability, the Aurora Awards recognize construction industry professionals as well as the industry sales and marketing professionals. To Learn More …

2021 Aurora Awards Read More »

New property purchases by Central Florida home builders in the outer Orlando area may be an early sign of economic upturn. New construction equals new jobs.

Central Florida Builders don't forget to check out the 2020 Parade of Homes Orlando tour! This year on Saturday, July 18, 2020 through Sunday, July 26, 2020 you can check out some of the best custom homes in the greater Orlando area in a FREE, Self-Guided tour! Discover innovations in custom homebuilding, architectural design, energy efficiency, outdoor living and interior design.

The global pandemic, COVID-19, has and continues to impact society in a variety of ways that we may not have seen coming. This means we really have to keep a finger on the pulse of our industry to anticipate and adapt to changes. For all you Central Florida Home Builders out there, here is a list of 7 possible (highly likely) requests that home owners will make going forward.

Attention Central Florida Builders! Here is some very relevant data to those in the custom home building field in the Central Florida area. This data shows the average closing sales amount on new homes in Central Florida versus the average price per square foot over the past 3 years.