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 said.
Home sales in the final months of the year showed solid recovery despite elevated mortgage rates, NAR’s chief economist said.
Florida Realtors Chief Economist: 2024’s biggest changes were the rise in inventory and the widening performance gap between the single-family and condo-townhouse markets.
Consumer sentiment dipped 4% in January, driven by inflation concerns, rising unemployment fears and declines across demographics.
Fake hacking tricks victims into believing a breach occurred. To spot scams, look for small money demands, no system changes and disorganized claims.
The rate on 30-year mortgages fell to 6.96% from 7.04% last week, Freddie Mac said. Borrowing costs on 15-year mortgages dropped to 6.16% from 6.27%.
NAR’s new Consumer Guide explains fire insurance coverage and the importance of informed decisions in high-risk areas.
Scammers have impersonated over 400 mortgage institutions nationwide, stealing hundreds of thousands of dollars from unwitting homeowners.
Redfin said daily average mortgage rates should be declining on less aggressive national economic policies. The average home is selling in 52 days.
Tampa and Jacksonville are among the metro areas in Florida that saw the biggest year-over-year affordability gains, Redfin found.
Home renovations don’t have to be extensive and expensive. Instead, opt for smaller changes, like new outdoor lighting or interior painting, for a big change.