MBA reported new home purchase mortgage applications were up 6.2% in March year over year. More first-time buyers appear to be getting into the market.
Some of the priciest home in Florida are located in the south, ranging from $1 million to nearly $10 million. Take a look at where they are.
Releases from Lake Okeechobee, which typically happen when the lake is high, were paused through late March. The lake is crucial to flood control.
The state purchased land, some previously slated for development, in Collier and Polk counties to protect links to conservation areas.
Single-family median sales prices are up 3.9% over March 2023 and new listings increased 7.7%. The condo-townhouse median prices increased 3.1%.
Making a big purchase, like a home, requires financial knowhow that’s not often taught in school. Learning the basics can help avoid poor decisions.
The average rate on a 30-year mortgage rose to 7.1%, the highest level since late November. The average rate for 15-year fixed-rate mortgages rose to 6.39%.
