February 4, 2025
Home Sellers Using Concessions to Get to Closing
Some buyers are looking for better deals to counter higher mortgage rates. Seller concessions cover certain costs...
February 3, 2025
Journey to an 808 Credit Score
Building and maintaining a good credit score requires consistent financial discipline and a clear understanding of the...
February 1, 2025
U.S. Home Prices Rose Toward End of 2024
Home prices rose 3.8% in November 2024, up from 3.6% in October. Experts predict a slowdown in 2025 as mortgage rates...
January 31, 2025
Redfin: Typical Home Sells in Nearly 2 Months
Homes are taking longer to sell largely because housing costs are so expensive and there’s a limited supply, Redfin...
January 30, 2025
Fed Leaves Interest Rates Unchanged
The Fed will keep its federal funds rate target at 4.25% to 4.50% to promote maximum employment and maintain 2%...
January 29, 2025
Single Women, Rich Millennials Boost Luxury RE
Brokers around the world are seeing a younger generation gravitate towards aesthetically pleasing, historic properties,...
January 28, 2025
Limited Existing Inventory Boosts New Home Sales
New home sales rose 3.6% in December, ending 2024 higher amid limited inventory, the NAHB said. The median price...
January 27, 2025
'Hidden Force' Can Bring Down Mortgage Rates
Mortgage rates are near 7%, not the expected sub-6%. Rates could fall if the gap between mortgage bonds and Treasury...
January 25, 2025
Existing-Home Sales Ascended 2.2% in December
Home sales in the final months of the year showed solid recovery despite elevated mortgage rates, NAR’s chief economist...
January 24, 2025
Mortgage Rates See First Dip in Six Weeks
The rate on 30-year mortgages fell to 6.96% from 7.04% last week, Freddie Mac said. Borrowing costs on 15-year mortgages...
January 23, 2025
Getting Top Dollar in a Home Sale
Some ways to boost a home sale include staging key rooms, making smart renovations and enhancing curb appeal to maximize...
January 22, 2025
Rents Continued to Fall on New Construction
More supply is helping ease the high demand seen during the height of the pandemic years, Realtor.com said.SANTA CLARA,...
January 21, 2025
2025: A Year of Stabilization and Opportunities
NAR forecasts mortgage rates to stabilize near 6% in 2025, likely establishing a new normal. Inventory will gradually...
January 20, 2025
U.S. Housing Starts End 2024 on High Note
Overall housing starts increased 15.8% in December to a seasonally adjusted annual rate of 1.50 million units, HUD...
January 17, 2025
Rates Hit Highest Level Since May
The average rate on 30-year mortgages rose to 7.04% from 6.93% last week. Borrowing costs on 15-year fixed-rate...
January 16, 2025
IRS Extends Florida Tax Deadline
Florida taxpayers, including small businesses, have until May 1, 2025, to file their 2023 and 2024 federal tax returns...
January 15, 2025
Home Price Growth Reaccelerates in Q4
The housing market needs mortgage rates to decrease to help unwind the lock-in effect and thaw the supply of existing...
January 14, 2025
RE Q&A: Why Two Types of Title Insurance?
Some buyers question the need for an owner’s title policy since their lender has one, but it’s necessary for asset...
January 13, 2025
U.S. Asking Rents Decline to 2022 Levels
Florida has two metros with steep rent declines. The Sun Belt overall has built more housing, and in some areas, rents...
January 11, 2025
Looking at the Hidden Costs of Homeownership
First-time buyers are sometimes surprised by ownership costs beyond their mortgage, including taxes, insurance,...
January 10, 2025
Redfin: Home Tours Rise Modestly to Start 2025
Home tours rose 2% to start 2025, showing renewed buyer interest. Sales are slower nationally as mortgage rates remain...
January 9, 2025
January Mortgage Outlook: Rates Trending Lower
Mortgage rates in January could fluctuate due to Fed policies and economic uncertainty, with rates ending the month...
January 8, 2025
Financing Options for a Second Home
Mortgage rates for second homes are higher due to lender risk. Larger down payments, strong credit and a stable income...
January 7, 2025
Buying a House in 2025: Your How-To Guide
Buying a home in 2025 is possible with more inventory, steady mortgage rates and helpful assistance programs, making it...
January 6, 2025
Rate Cuts to Slow in New Year
The Federal Reserve expects to cut rates more slowly in 2025, which could impact mortgages and home sales.NEW YORK — The...
January 4, 2025
Essential Real Estate News to Start 2025
Mortgage rates rising, new SBA loan funding, updated condo rules and approaching deadlines for businesses highlight the...
January 3, 2025
Real Estate Business Looking Positive in 2025
Recent mortgage rate forecasts have been optimistic and some economists expect the number of homes sold to reach 5.4M...
January 2, 2025
Understanding Generational Difference in Sales
As different as they are, Gen Z, millennials, Gen X, and baby boomers share some similar needs, like wanting...
January 1, 2025
‘Significant Improvement’ in Housing Sentiment
Fannie Mae found a year-over-year jump in confidence is driven by increased optimism that mortgage rates will fall,...
December 31, 2024
Renters Fear Scams in Tight Housing Market
A new study found 88% of scam victims found fraudulent listings on Facebook. Experts say there’s a need for...
December 30, 2024
Builder Confidence Holds Steady
The December NAHB/Wells Fargo HMI found builders expressed increased optimism for higher sales in the next...
December 28, 2024
Exploring U.S. Home Square Footage Trends
Home sizes have grown significantly since 1949, with the average now 2,430 sq. ft. Factors like location, price and...
December 27, 2024
Economists: 2025 Rates Stay Above 6%
Mortgage rates next year are expected to remain largely similar to this year's, though they could decrease if the...
December 26, 2024
Fannie Mae: Affordability, Lock-in Remain in 2025
Economists forecast rates to decline modestly, and new home sales to grow in 2025. The Sun Belt, including Florida, will...
December 24, 2024
Redfin: Buyers With Kids Get More Family Help
One in four buyers with kids received family cash for down payments, compared to 12% of those without, highlighting...
December 23, 2024
Mortgage Rates Rise, 30-Year Reaches November High
The average rate on 30-year mortgages rose to 6.72% from 6.6%. Borrowing costs on 15-year fixed-rate mortgages rose to...
December 21, 2024
Existing-Home Sales Rise 4.8% in November
NAR: Existing-home sales in the South rose 5.6% from October to an annual rate of 1.87 million in November, up 3.3% from...
December 19, 2024
Federal Reserve Cuts Rate by Quarter-Point
The Fed cut rates for the third time in 2024 but signaled slower reductions ahead, citing persistent inflation and...
December 18, 2024
Rent on New Apartment Rises 1.5% Nationally
The South, which saw almost as many new apartment completions as the other three regions combined, posted a minor...
December 17, 2024
Fed Likely to Slow Rate Cuts on Inflation
An interest rate cut is expected this week, but due to ongoing inflation, rate reductions in 2025 are likely to be more...
December 16, 2024
U.S. Homebuying Demand Remains High
Redfin found that more buyers are in the market because they have accepted mortgage rates will remain above 6% for the...
December 14, 2024
Starter Home Prices See Largest Increase
Florida starter home prices have jumped since 2018, with rising rates and investor competition making it more difficult...
December 13, 2024
Mortgage Rates Hit Third Straight Weekly Decline
The average rate on 30-year mortgages fell from 6.69% last week to 6.6%, the lowest level since Oct. 24. The rate on...
December 12, 2024
Study: Adults 50-plus Want to Age in Place
AARP said older adults want to stay in their homes but rising costs and limited options are barriers. Affordable, safe...
December 11, 2024
Florida Housing Markets Poised for 2025 Growth
Florida housing markets are set for 2025 growth with affordable homes, new construction and their appeal to younger,...
December 10, 2024
All-Cash Buyers Snapping Up Homes
The demographics of all-cash buyers in Florida include young families, retirees and people relocating locally and from...
December 9, 2024
U.S. Consumer Sentiment Improves in December
The University of Michigan said its consumer sentiment index climbed to 74.0 in December from 71.8 in November....
December 7, 2024
More Buyers Touring, Applying for Mortgages
Redfin found an uptick in early stage homebuying activity after the election, despite high home prices and mortgage...
December 6, 2024
U.S. Average 30-year Mortgage Rate Falls to 6.69%
It’s the lowest level since late Oct.; last week it was 6.81%. The average 15-year mortgage interest rate fell to 5.96%....
December 5, 2024
The Rise of Multi-Generational Home Buying
Multi-generational living offers families financial and emotional support, stronger bonds and shared caregiving...
December 4, 2024
December Rate Cut in Question
A key member of the Fed’s Board of Governors said a December rate cut depends on economic data, warning inflation could...
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