Florida Realtors News
News Archive
Freddie Mac Chief Economist: “New data indicate inflationary pressures are receding” – which, along with lower mortgage rates, may lure more homebuyers into the market.
These investors often rely on data- and technology-driven tools to find neighborhoods where buying in bulk is likely to pay off, then typically make cash offers.
NAR Chief Economist Yun: Except for office space, commercial property rates are expected to stabilize, though higher interest rates are impacting commercial loans.
NAHB’s index for builder confidence fell six points to 34, the lowest level since Dec. 2022. But some data indicates improving conditions ahead.
NAR attorneys: Real estate professionals should maintain clear communication with clients about the services they provide and how they get paid.
CoreLogic: Nine out of 10 residential properties are still selling for a profit in 3Q 2023, despite the recent downturn in the housing market.
Last week, it was 7.5%. It’s the third weekly drop in a row, good news for buyers facing persistently high prices and a near-historic low number of for-sale homes.