The rate on 30-year fixed rate mortgages rose to 6.95% from 6.76% last week, while 15-year rates increased to 6.26% from 6.09% last week, Freddie Mac said.
A Realtor.com analysis finds late fall brings more inventory, less competition and lower asking prices to buyers in four Florida metros.
About 22% of Realtors have faced a safety concern. Screening apps, panic buttons and smarter lockboxes can provide added protection before and during showings.
Lakeland-Winter Haven ranked first nationally, with more than 83% of its new-home listing views coming from shoppers outside the metro area.
Tracking appointments and closed deals can give real estate teams a clearer view of lead-generation results than response times or cost per lead.
Florida home sales dipped slightly in August, but tightening inventory and rising prices point to a leveling market, Florida Realtors Chief Economist Dr. Brad O’Connor said.
The Federal Reserve raised its benchmark rate for the first time since 2023 to combat persistent inflation, potentially impacting borrowing costs. Officials projected another rate increase later this year.
Florida Realtors’ new I 🧡 My Hometown series will recognize members who give back to their communities. Submissions are due Oct. 30.
Uniform Appraisal Dataset 3.6, a major modernization of Fannie Mae and Freddie Mac appraisal reporting, will be here before you know it. Getting comfortable with it now will reduce the chance of transaction delays in the future. Waiting is not a strategy, says appraisal expert Michelle Czekalski Bradley.
AI can save time, but agents must protect customer information, question its answers and personally verify the final product, AI-expert Kevin Hawkins said during Florida Realtors Live at the Florida Realtors Convention & Trade Expo.
