Florida Realtors News
News Archive
Homes are selling at varied speeds, but preparation matters everywhere. Agents suggest treating a home search like a job and touring listings promptly.
Home buying and selling remained sluggish in March due to the affordability challenges associated with high rates, NAR Chief Economist Lawrence Yun said.
New insurer Patriot Select launches in Florida with $30M in capital, eyes 24K Citizens takeouts, pledges fast claims and aims to grow in the private market.
The rate on 30-year mortgages fell to 6.81% from 6.83% last week, Freddie Mac said. Borrowing costs on 15-year fixed-rate mortgages dropped to 5.94%.
Beginning May 7, adults need a REAL ID (with a star) or passport to fly. Florida driver’s licenses issued since 2010 meet the federal requirement.
Florida Realtors Pres. Weisheyer: After years of low inventory and rising home prices, “we are experiencing a normalization of the real estate market in our state.”
Changes to tariff policies could affect home sales in each state differently. A NAR analysis breaks down what it could mean in Florida and the nation.
The number of state-run insurance policies dropped to 806,966, the lowest since 2022, as private insurers took over policies in a depopulation effort.
Mortgage applications for new homes rose 5.5% year-over-year and 14% from February, the MBA said. The average loan size fell.
Lower mortgage rates and tight existing inventory helped push March new home sales up 7.4% month-over-month and 6% year-over-year, the NAHB said.