The Federal Housing Finance Agency also says home prices rose 6.3% year over year.
Some economists say home sales will increase in 2024 as mortgage rates ease.
Lone Wolf Technologies says the real estate industry should look at outside industries to learn how to implement software.
Since March 2020, mortgage servicers have provided forbearances to approximately 8.1 million borrowers.
Freddie Mac sees short-term headwinds – a high supply and moderating economic growth – but a positive long-term outlook for 2024.
Artificial Intelligence has a multitude of uses in real estate, including customer insight, lead generation and property appraisals.
Florida Realtors: Florida's single-family closed sales up 4.2% YOY, median price up 3.3% ($413K). Condo sales up 0.3%, median price up 7.5% ($330K); new listings also up.
NAR’s chief economist says home prices keep moving higher. The median home sale price in the South was up 3.4% from last year to $351,500.
Maria Wells, 2017 President of Florida Realtors, is among the appointees to the Commission on the Status of Women.
Fannie Mae economists suggest “a modest downturn in 2024, followed by a return to growth in 2025.”
