Florida

Both the number of sales and median prices grew in Miami-Dade and Broward in March, just as coronavirus began to grip South Florida.

COVID-19 has led to an unprecedented number of homes for sale being withdrawn, canceled or temporarily taken off the market in Sarasota County, Fla., but the prices on the homes that are being sold have held steady, according to a Sarasota real estate firm.

With the onset of the pandemic, real estate agents say deals that were in the works are encountering all types of problems, creating havoc in the market as buyers try to back out of contracts.

Attom ranked 483 counties across the country based on 4Q foreclosure notices, local wages and other factors.

One day after the rent was due, all evictions and foreclosures in Florida were suspended for 45 days under a statewide order issued Thursday.

The percentage of mortgages underwater — when a mortgage exceeds value — has decreased dramatically in South Florida since the Great Recession, meaning the region may be better prepared to weather COVID-19 than the downturn a decade ago.

The Bradenton-Sarasota, Fla., area has been a red-hot housing market with the median price at or above $300,000 for the past year, providing job opportunities for 7,000 real estate agents.

From credit unions to banks, loan officers in South Florida are on the phones with homeowners, many of whom have one question: When can I refinance my mortgage?

Sales are up across Miami-Dade County and Broward. And it's not just snowbirds from the northeast driving activity. Millennials, and their parents, are also driving sales.

The supply of homes for sale in Palm Beach County, Fla., is falling sharply, a trend that could create upward pressure on prices.