News Archive

A 30-year, fixed-rate loan averaged 7.09% this week, its highest level since it was 7.13% in April 2002. It also exceeds a high of 7.08% hit last fall.

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A resident told to take down a political candidate sign suspects it’s due to the candidate more than the sign. Do political signs have any constitutional protection?

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Christina Pappas, 2022 president, is the 2023 Realtor of the Year. All award winners were recognized Thurs. at the annual convention’s in-person Awards Luncheon.

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The money will go to public housing agencies that assist homeless vets. HUD estimates that the money will help move 7,500 more former service members off the streets.

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Single-family housing permits – a sign of future construction activity – increased marginally by 0.6%, though overall permits dropped 13.9% as multifamily slows.

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An Orlando team leader uses professional RE writers for his website and offers expansive content – blogs plus articles that complement his listings.

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“Livability” is subjective, but an exhaustive study attempted to rank states based on how happy they’ll make residents. Fla. was No. 6 – but No. 1 in some categories.

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In 2022, more homeowners fought rising inflation by tapping into home equity. In two years, equity lines of credit originations rose 41% as equity loans rose 166%.

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NAHB’s Aug. index fell 6 points to 50 – the break-even point between optimism and pessimism – based on higher mortgage rates and increased construction costs.

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A comparison of teacher salaries to home values within 20 minutes of work found a high of 18% affordable in Fort Lauderdale and Jacksonville but only 4% in Miami.

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