The “Great Outdoors Initiative” encourages Floridians to explore nature. State park admissions, plus hunting and fishing licenses are discounted until Jan. 13.
Homeowners looking to downsize wonder if they should sell now before higher mortgage rates push home prices lower or hunker down with their 3%-range loan.
More inventory? Lower mortgage rates? Lower home prices? What does the 2024 Florida housing market look like?
Mortgage Bankers’ 3Q report finds office mortgage-delinquency rates passing retail and hotel – but multifamily and industrial delinquencies remain below 1%.
Not getting what you want when using ChatGPT? Here’s how to take your prompts to the next level.
The Mortgage Bankers Assoc. predicts a decline from 2021’s $816B to $442B this year as interest rates keep rising and supply/demand’s future remains murky.
Years of soaring prices and a limited inventory of for-sale homes has stressed buyers for years, but today’s market remains a profit goldmine for most sellers.
Historic rental increases couldn’t continue forever. The addition of more units and drop in new residents has weakened demand and dinged rental prices.
The increase breaks a pattern of declines, says Florida Realtors Chief Economist O’Connor, as prices rose 1.3%. For 3Q 2023, though, sales were down 3.2%.
Median home prices rose 2.8% year-to-year under NAR’s seasonally adjusted formula, and the inventory of unsold existing homes climbed 2.7% month-to-month.
