Real Estate News
Market for Newly Built Homes Slows
Builders are slowing the pace of new home construction. Single-family housing starts declined in May for the third straight month to the slowest pace since October. Read More
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 said. Read More
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. Read More
Florida Insurers Approved for Rate Decrease
[[{"value":"Three property insurance companies have been approved for rate decreases. Six others have filed for decreases in 2024. "}]] Read More
DeSantis Vetoes Vacation Rental Bill
Veto of SB 280, which was a Florida Realtor priority, protects private property rights and Florida’s economy. Read More
The Difference Between an Inspection and an Appraisal
When you decide to buy your first home, you may come across a number of terms and conditions you’re not familiar with. Read More
Average Rate on 30-Year Mortgage Eases
Rates on a 30-year mortgage fell to 6.86% from 6.87% last week, Freddie Mac said. Rates on 15-year mortgages rose to 6.16% from 6.13% last week. Read More
Fed’s Bowman: Don’t see any rate cuts for 2024
Federal Reserve Gov. Michelle Bowman said a swift decrease in interest rates could lead to a rebound in inflation. Interest rates are tied to mortgage rates. Read More
Home Flipping Activity, Profits Rise in Q1
[[{"value":"Home flippers typically earned a 30.2% gross profit nationwide before expenses on homes sold in Q1 2024, the real estate data company ATTOM found. "}]] Read More