Sales of homes that exceed $100 million are skyrocketing, with Florida taking a leading spot in closing megadeals.
Some of the newest 2024 design trends including ditching paint completely and turning to other materials, such as wood accents, to jazz up a home.
A study by Florida Atlantic University found rents in Florida cities have started to go down, but demand is still strong. Jacksonville saw the biggest rent price decline in the nation.
Freddie Mac announced a $2,500 credit to help with down payments and other closing costs.
Buyers are looking for key features, including open floor plans and smart-home technology, in their new homes.
Assumable mortgages are growing in popularity but come with challenges, the Wall Street Journal reported.
Several Florida developers have opened “beachfront” communities with abundant amenities along manmade lagoons.
In Florida, housing costs as a percentage of income with and without a mortgage stands at 21% and 10%, respectively.
Baby boomers overlook homeownership resources more than any other generation. As the “silver tsunami” approaches, the oversight is concerning, expert say.
Analysts expect investor purchases in 2024 to follow the muted trend in 2023, and some big investors to make deeper commitments to rentals.
