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Pending sales fell, price cuts hit a record and inventory grew, but supply remains below pre-2020 levels as buyers tread carefully amid economic concerns.
Scammers develop a wrong number text into friendly chats, gaining trust before asking for personal information and money.
The average rate on 30-year mortgages fell to 6.64% from 6.65% last week while rates on 15-year mortgages went down to 5.82% from 5.89%.
The median U.S. home price is $412K, requiring 10 workdays per month to afford. In Florida, it’s 11 days. Midwest buyers need a week or less.
Homeownership is possible without family gifts. Focus on your own goals, build a support team, explore down payment programs and get creative with financing options.
The insurer also agreed to pay $4M in fines and update its policies after the attorney general's investigation found fraudulent reimbursement claims.
Millennial buyers say they want a home with a median of 2,408SF, the most requested amount of interior space compared to other generations
The decline, in line with national sentiment, was particularly pronounced among Floridians with an annual income over $50,000, a UF study found.
Success in the global real estate market hinges on cultivating genuine relationships that transcend borders and cultural differences—often extending beyond real estate.
Baby boomers account for 42% of all home buyers, while millennials fall to 29% (down from 38% from one year ago), NAR said. Multigenerational home buying is rising.