UM research: 21% of all new housing built in Fla. over past 20 years are in floodplains, which raises flooding concerns. But that figure is actually less than expected.
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Lower rates, rising inventory and price cuts are boosting affordability and encouraging buyers to move from the sidelines.
Mortgage-rate locks for second homes have dropped 13% since last summer – more than twice as much as rate locks for primary homes, Redfin reported.
Florida Realtors will be hosting webinars this week regarding practice changes, and NAR released a new Consumer Guide about compensation offers.
Fraudulent mailers are circulating, purporting to help members register or renew .realestate or .realtor domain addresses, the association warns.
The expected Fed rate cut could have positive impacts on the housing market, including lower mortgage rates and easier qualifications for mortgages.
There’s disagreement about whether the sports craze is a benefit for home sales, with some saying the noise hurts property values.
Falling mortgage rates have pushed the median U.S. housing payment down near its lowest level since January. Pending home sales have yet to improve.
Although the 2024 homebuying season was relatively slow, this fall is poised to bring lower mortgage rates and more for-sale inventory, Realtor.com said.
