Florida Realtors News
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Fed Chair Jerome Powell said there’s been a lack of progress moving towards the 2% inflation target, so a rate cut in the near future is not likely.
The average rate on a 30-year mortgage has increased for five consecutive weeks and is at 7.22%, the highest since November 30.
Before the pandemic, golf communities were seeing a decline in interest. Now, millennial homeowners are discovering the amenities fit their lifestyles.
New study found home sellers see a 13.1% premium in May. The study also found May 27th is the best day to sell a home, with a seller premium of 16.2%.
At least 35,000 veterans were experiencing homelessness in 2023, making up 6.6% of the total homeless population in the U.S.
Nearly seven out of 10 (69%) Realtor members at large volunteered monthly, spending an average of eight hours volunteering each month, NAR said.
The CEO of D.R. Horton, the nation’s largest homebuilder, said good migration and job growth in Florida is a plus for the housing market.