Florida Banking August/September 2024

DID YOU KNOW? DID YOU KNOW... that the U.S. home price index is now 47 percent higher than since early 2020? According to a report by the Harvard Joint Center for Housing Studies titled, “The State of the Nation’s Housing 2024,” millions of potential homebuyers have been priced out of the market by rising home prices and interest rates, while the number of renters with cost burdens has hit an all-time high. The rise in prices has pushed the median sales price to about five times the median household income. In the rental market, the report reveals that rents remain up 26

percent nationwide since early 2020. Mark your calendar for the Affordable Housing Forum hosted by the Florida Bankers Association and the Federal Home Loan Bank of Atlanta in Miami on November 15 to discuss Florida’s affordable housing challenges.

ADVERTISING DIRECTORY

COMPANY

PHONE

WEBSITE

PAGE

16

CEIS Review

888-967-7380

www.ceisreview.com

19

First Horizon

941-487-3074

www.firsthorizon.com

21

First National Bankers Bank

800-421-6182

www.bankers-bank.com

32

ODP Business Solutions

www.odpbusiness.com

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WWW.FLORIDABANKERS.COM AUGUST | SEPTEMBER 2024 — 31

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