Real Estate News
Falling Mortgage Rates Are Bringing Buyers Back
If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent. Read More
Average 30-Year Mortgage Rate Falls to 6.09%
The average long-term rate fell to 6.09% from 6.20% last week and 7.19% a year ago, Freddie Mac said. Borrowing costs on 15-year fixed-rate mortgages fell to 5.15%. Read More
Florida Realtors Webinar: Flood Disclosure, Condos
Today’s webinar will cover the new flood disclosure and condo laws that take effect on Oct. 1, and Florida Realtors’ new and updated forms regarding these changes. Read More
NAR: Existing-Home Sales Dipped 2.5% in August
The inventory of unsold existing homes improved by 0.7% from the previous month to 1.35 million at the end of August, or the equivalent of 4.2 months’ supply. Read More
Fla.’s Aug. Housing: New Listings Up, Prices Ease
New listings, inventory levels up YoY for both single-family homes and condo-townhouses. Single-family median price eased 0.8% YoY, condo-townhouse median down 4.3%. Read More
Hometown Heroes: 2024 Funds Depleted, 6K+ Helped
Less than two months after receiving $100 million from the state Legislature, Floridians have reserved all available Hometown Heroes Housing program funds. Read More
Redfin: Housing Payments Post 4-Year Decline
Monthly housing payments are down nearly $300 from April’s all-time high, but pending sales are still lagging. The Fed rate cut on Wednesday could help. Read More
The Latest Builder Trend: Smaller, Less Expensive Homes
Even though affordability is improving, buying a home can still feel tough right now. Read More
Fed Makes Aggressive Half Point Cut
The unusually large interest rate cut suggests the economy is rebounding. The cut will continue to impact mortgage rates, which have declined in the past weeks. Read More