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.
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.
Several Florida developers have opened “beachfront” communities with abundant amenities along manmade lagoons.
Baby boomers overlook homeownership resources more than any other generation. As the “silver tsunami” approaches, the oversight is concerning, expert say.
In Florida, housing costs as a percentage of income with and without a mortgage stands at 21% and 10%, respectively.
The sixth version of NAR’s national ad campaign “That’s Who We R” and season 4 of the NAR-produced docuseries “First-Time Buyer” focus on the Realtor’s value and expertise.
Analysts expect investor purchases in 2024 to follow the muted trend in 2023, and some big investors to make deeper commitments to rentals.
One possible reason single women lead in home buying is due to who is living in the home. Single women are more likely to have kids under 18 living at home and purchase a multigenerational home.
