Analysts say many borrowers are waiting for affordability to improve and mortgage rates to decline. They anticipate rates will average 5.7% by late 2025.
Florida leads in affordable new home construction, with smaller, lower-priced builds driving down costs and addressing the housing shortage.
Want to drive business through your social media? The key is engagement. Here are some strategies to make you Insta famous on Instagram and other platforms.
New listings, inventory levels up YoY for both single-family homes and condo-townhouses. Single-family median price eased 0.8% YoY, condo-townhouse median down 4.3%.
Less than two months after receiving $100 million from the state Legislature, Floridians have reserved all available Hometown Heroes Housing program funds.
The inventory of unsold existing homes improved by 0.7% from the previous month to 1.35 million at the end of August, or the equivalent of 4.2 months’ supply.
Monthly housing payments are down nearly $300 from April’s all-time high, but pending sales are still lagging. The Fed rate cut on Wednesday could help.
Today’s webinar will cover the new flood disclosure and condo laws that take effect on Oct. 1, and Florida Realtors’ new and updated forms regarding these changes.
The National Association of Home Builders expects new home building will increase in the coming months as construction loan rates decrease.
New listings rose 1.6% month over month in August to the highest seasonally adjusted level in nearly two years and climbed 2.1% from a year earlier.
