A significant event in the Florida real estate sector, the Real Estate Trends summit, is scheduled for January 31. This gathering is part of the Florida Realtors 2025 Mid-Winter Business Meetings and will be held at the Hyatt Regency Orlando.
O'Connor commented on the challenges facing Florida's housing market in 2025: "The Florida housing market faces several challenges in 2025 – some old, some new. Mortgage rates and insurance costs remain stubbornly high, keeping affordability (or lack thereof) squarely in the spotlight for this year." He highlighted concerns about how the Federal Reserve might respond to a recent mild resurgence in inflation as well as potential inflationary federal policies that could be introduced later this year.
Despite these hurdles, O'Connor remains optimistic about Florida's economic strength and population growth. "At the same time, the fundamentals of Florida’s economy are strong, and people continue to move to Florida in large numbers. With those economic underpinnings, it’s a given that home sales are destined to rise again in the Sunshine State," he said. The goal of this year's summit is to explore when this expected increase in home sales might occur.
Attendees have two options for participating in this year's Real Estate Trends summit: they can join in person during the business meetings or participate virtually. Additional information and a Livestream link are available on Florida Realtors’ member website.