New home mortgage applications rose 5.3% nationwide in April 2025 from last year, hitting the highest level since 2012, signaling stronger new home sales.
Moderating borrowing costs, along with a rise in for sale signs, appear to be luring prospective buyers off the sidelines nationally, NAR said.
The Florida House voted to extend the session through June 30. The Senate has not yet voted, as budget discussions between chambers are still ongoing.
Single-family new construction fell 2.1% in April on high mortgage rates, tariffs and costs, while overall starts rose 1.6% on multifamily growth.
Buyers with moderate incomes can afford only a small share of listings, with slight gains in affordability, a NAR survey found.
Home decor is embracing playful, produce-inspired designs as a nod to nature, sustainability and nostalgia, driven by trends and wellness culture.
NAR’s new Consumer Guide explains estate planning basics, helping homeowners protect their property and plan for the future with tools like wills and trusts
Voice technology is emerging as a powerful tool by reinforcing the role of real estate professionals with smarter support.
Designers say using color blocks with trim can refresh spaces without full repainting. Stick to 2-3 colors for cohesion and consider paint maintenance.
Builder confidence fell to 34 in May, the lowest since 2022, amid rate, tariff and cost concerns. The NAHB said 34% of builders cut prices.
