Consumer Sentiment Inches Up
Consumer sentiment rose slightly to its highest point in five months. Despite easing inflation expectations, economic concerns remain elevated.
Single-Family Starts Weaken in June
Single-family starts hit their lowest since July 2024, but overall starts rose 4.6% thanks to a 30% surge in multifamily building.
Builder Confidence Edges Up in July
Builders remained cautious as elevated interest rates and affordability challenges continued in July. Buyer traffic fell to its lowest level since 2022.
Inflation, Fed Outlook Lift Rates
Mortgage rates rose this week, but steady inflation data suggests a more stable outlook. Buyers may benefit from clearer signals in the months ahead.
Smart Ways to Renovate on a Budget
Renovation costs are rising, but affordable upgrades are possible. Planning, creativity and DIY strategies can help homeowners save without sacrificing results.
Florida Realtors Names Sr VP of Public Policy
Trey Goldman now will oversee Florida Realtors’ legislative and regulatory advocacy-related efforts in Tallahassee. He previously served as legislative counsel.
Mortgage Rates Rise for Second Straight Week
Rates on 30-year mortgages rate ticked up to 6.75% from 6.72% last week while rates on 15-year mortgages increased to 5.92% from 5.86%.
NAR Prevails in Homie Litigation
A federal court dismissed Homie’s antitrust claims against NAR and major brokerages with prejudice, barring the company from refiling the lawsuit.
Insurer OK’d to Take Citizens Policies
Florida Peninsula Insurance Co. is expected to assume up to 40,000 policies from Citizens in late October as part of the depopulation program.
Strong Credit Opens Doors in 2025 Market
With a solid financial foundation and fewer risky loans, today’s housing market rewards buyers with good credit through better rates and more loan choices.