August 2, 2024
Average 30-Year Mortgage Rate Falls to 6.73%
That’s the lowest level since early Feb., easing borrowing costs for prospective homebuyers facing record-high home...
August 1, 2024
June Pending Home Sales Rose 4.8%
June’s Pending Home Sales Index increased 6.3% to 89.3 in the South. NAR’s chief economist said buyers are in a more...
July 31, 2024
Saving for a House? Here’s What You Need
The minimum amount needed for a down payment depends on the cost of the home and the type of mortgage. A smaller down...
July 30, 2024
Federal Reserve Edges Closer to Cutting Rates
How the economy fares in the coming months will likely determine how quickly the Fed acts. Some economists say it could...
July 29, 2024
Cooling Inflation Boosts September Rate Cut Odds
Inflation declined to 2.5% in June, supporting the Fed's potential September interest rate cuts and hinting at a "soft...
July 27, 2024
10 Things About the Housing Market Right Now
CoreLogic said high mortgage interest rates during the spring home season drove home sales lower, cooling home prices in...
July 26, 2024
Typical Homebuyer’s Monthly Payment Drops
Redfin said monthly housing payments are falling as mortgage rates decline, but many house hunters remain on the...
July 25, 2024
What to Know About Down Payment Assistance
A down payment can be a major obstacle for homeownership, but there are many helpful options including grants, loans and...
July 24, 2024
Appraisal Reconsideration Guidance Released
The new guidance allows consumers to provide information that was overlooked or not addressed in residential real estate...
July 23, 2024
Builders: Q2 Remodeling Sentiment Holds Steady
Although there has been a slowdown, there is a solid demand for remodeling projects. Wealthier homeowners are paying for...
July 22, 2024
Rent Cap Plan Is ‘Harmful,’ Housing Groups Say
A new White House plan unveiled Tuesday calls for capping rents at 5% per year on landlords who own more than 50 units....
July 20, 2024
Redfin: Typical Monthly Housing Payment Drops
Mortgage rates dropped to their lowest level in months. Four Florida cities lead the nation with biggest YoY median sale...
July 19, 2024
Mortgage Applications Up After 4-Week Decline
New mortgage application activity grew nearly 4%. Refinance applications jumped 15% to the highest level since August...
July 18, 2024
June Housing Starts Up 3%, Multifamily Up 19.6%
While builders are concerned about high interest rates, they believe mortgage rates will moderate and lead to more...
July 17, 2024
Powell: Fed More Confident Inflation Slowing
Fed Chair Jerome Powell wouldn’t say when the first rate cut would occur, but economists say it could be September. A...
July 16, 2024
Gen Z Worries They Will Never Own a Home
Most Gen Zers have concerns about buying a home, with 54% worrying they won't be able to afford it and 48% fearing...
July 15, 2024
Sustainable Spaces: Patios and Decks
Experts say a home’s eco-friendly features—and their selling points—can extend to outdoor spaces. Consider a rainwater...
July 13, 2024
Buyer Opportunities: Rates Fall, Supply Rises
Homebuyers on a $3,000 monthly budget have gained over $20,000 in purchasing power since mortgage rates peaked in the...
July 12, 2024
U.S. Inflation Cools, Rate Cuts Soon?
If inflation remains low through the summer, most economists expect the Fed to begin cutting rates in September....
July 11, 2024
Updated Federal Program Boosts Fixer-Upper Buying
HUD updated its 203(k) program to make it easier for homeowners to buyer fixer-uppers or refinance and repair their...
July 10, 2024
Economists: Housing Market Turnaround Soon
Economists at the National Association of Real Estate Editors conference said 2024 home sales are too low, and prices...
July 9, 2024
Buyers Anticipate Rate Easing, New Listings
Buyers shouldn’t wait for mortgage rates to drop dramatically this year, experts say. Rather, they can benefit from the...
July 8, 2024
New Law Protects Against Moving Scams
A new consumer protection law puts more restrictions on movers in Florida including increased penalties for those who...
July 6, 2024
Tips for Transforming an Outdoor Space
To create a relaxing outdoor space, have plenty of seating, good music and protection from the bugs. Create an aesthetic...
July 5, 2024
Mortgage Rates Climb for First Time Since May
The average rate on a 30-year mortgage rose to 6.95% from 6.86% last week and the average rate on a 15-year mortgage...
July 4, 2024
Home Remodeling: What to Do & not Do
Home upgrades can be costly and time consuming. Some of the most popular renovations include kitchen and bathrooms.NEW...
July 3, 2024
Busting 5 Common Credit Misconceptions
Some consumers mistakenly believe that leaving a small balance on a credit card is better than paying it off each...
July 2, 2024
Banks Offloading Real Estate Loans
Banks are selling a small portion of the roughly $2.5 trillion in commercial real estate loans as high interest rates...
July 1, 2024
4 Tips to Ensure Sellers Get Market Value
Before listing their homes (or refinancing), sellers should understand the concept behind a fair appraisal.4 Tips to...
June 29, 2024
Home Buyer Opportunities Appear to be Opening
“The market is at an interesting point with rising inventory and lower demand,” NAR’s Chief Economist Lawrence Yun...
June 28, 2024
HUD RELEASES $85 MILLION IN PRO HOUSING PROGRAM GRANTS
Ahead of tomorrow’s presidential debate, the Biden administration is announcing $85 million in grant funding for the...
June 27, 2024
9 Tips (and Good Advice) for First-Time Renters
First-time renters, particularly those without an extensive credit, job or rental history, should pay close attention to...
June 26, 2024
Fannie Mae Cuts 2024 Home Sales Forecast
Economists say the Fed will cut rates only once this year, in December, as opposed to the previously projected two rate...
June 25, 2024
Yellen Unveils Housing Supply Plan
The treasury secretary said a $100 million affordable housing fund would improve the housing shortage and affordability...
June 24, 2024
More Work Remains for ‘3by30’ Housing Goal
The housing initiative celebrates its third anniversary and recommits to raising Black homeownership levels to rates...
June 23, 2024
Some Buyers Beat High Rates Via Assumable Mortgages
Eligible sellers can transfer their assumable mortgages to qualifying buyers, allowing them to assume the seller’s low...
June 21, 2024
30-Year Mortgage Rate Falls Again, Now 6.87%
Freddie Mac: Last week, it was 6.95%. This is the third straight weekly decline and the lowest level for 30-year...
June 20, 2024
Redfin: U.S. Home Prices Rising at Slower Pace
Price growth is slowing, thanks to a small uptick in new listings as elevated mortgage rates keep buyers at bay.SEATTLE...
June 19, 2024
Bond Rally Could Offer Help for Buyers
Rising bond prices have pushed down treasury yields, which can ultimately drive down mortgage rates. But some investors...
June 18, 2024
Turning Renters Into Homeowners
Both renting and homeownership have advantages. However, renters never see a return on their monthly payments, but...
June 17, 2024
Active Listings Up, Not the Whole Story
Today's listing activity seems to jump compared to 2023, but the numbers aren’t properly comparing the broader...
June 15, 2024
Most Attractive Cities for Residents Over 60
Florida saw more than three times the influx of retirees than any other state. Many are moving to the St. Pete area.NEW...
June 14, 2024
Mortgage Rates Ease for Second Straight Week
The average rate on a 30-year home loan fell to 6.95% from 6.99% last week. Rates on a 15-year-rate mortgage fell to...
June 13, 2024
FEDERAL RESERVE KEEPS RATES INTACT
The Federal Reserve has opted to neither lower nor raise the federal funds rate, which remains in the 5.25% to 5.5%...
June 12, 2024
VA Temporarily Allows Buyer-Paid Broker Fees
The National Association of Realtors said the policy revision will allow veterans to continue to be competitive in the...
June 11, 2024
The Dangers of Overpricing a Home
Overpricing can scare off buyers, leading a home to be on the market longer. Pricing a home correctly will avoid any...
June 10, 2024
CORELOGIC: HOME PRICE APPRECIATION IS COOLING
Annual home price appreciation during April was 5.3%, unchanged from March, according to new data from CoreLogic. On a...
June 8, 2024
Mortgage Rates Pull Back Slightly
The 30-year mortgage rate averaged 6.99% this week, down from 7.03%. Cost on 15-year fixed-rate mortgages also eased to...
June 7, 2024
Millennials, Gen-Z Buy Homes Differently
Millennials have become the largest home-buying group but wait longer to buy, starting at age 35. Gen-Z buy homes...
June 6, 2024
‘Zombie’ Foreclosures Shrink in Second Quarter
Foreclosure activity is down nearly 25% YOY,following a surge that hit after a nationwide Covid moratorium on lenders...
June 5, 2024
Tips for Getting the Best Mortgage Rate
Some strategies to get the lowest mortgage rate include taking control of a debt-to-ratio income and maintaining a...
Social Cookies
Social Cookies are used to enable you to share pages and content you find interesting throughout the website through third-party social networking or other websites (including, potentially for advertising purposes related to social networking).