Real Estate News

 The average rate on 30-year mortgages rose to 6.72% from 6.6%. Borrowing costs on 15-year fixed-rate mortgages rose to 5.92% from 5.84% last week.  Read More  

 Florida Realtors Chief Economist: Nov. saw a post-hurricane rebound for new listings, new pending sales. New listings, single-family up 7.2%; condos, up 5.4%.  Read More  

 Incoming Florida Realtors President Weisheyer said his career has been shaped by a focus on making a positive impact, among other key leadership principles.  Read More  

 The trend in increasing number of excess bedrooms is driven by both declining household sizes and by an increase in the number of bedrooms per home, Realtor.com found.  Read More  

 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 one year before.  Read More  

 One in four buyers with kids received family cash for down payments, compared to 12% of those without, highlighting higher housing costs for families.  Read More  

 The Fed cut rates for the third time in 2024 but signaled slower reductions ahead, citing persistent inflation and economic uncertainties.  Read More  

 Test your knowledge and learn more about the Florida Realtors/Florida Bar (“FR/BAR”) contract with this short quiz.  Read More