Redfin: U.S. Home Prices Rose 0.5% in October
On a year-over-year basis, home prices rose 5.9%, which is the smallest annual increase since December. Buyer demand is coming back.
Three Realtors Join Florida Legislature
Florida Realtors Legislative Caucus grows to 15 with newly sworn in Realtor lawmakers, strengthening the profession’s voice in Tallahassee.
Post-Storms Tourism Campaign Gets Boost
Visit Florida bumped up its post-hurricane marketing effort to $6.7 million, aiming to show tourists much of the state has been unaffected by hurricanes.
October Housing Starts Slow on Higher Rates
Housing starts fell 3.1% in October, with single-family starts dropping 6.9%. Builders expect a more favorable regulatory environment in 2025 to boost the housing supply.
Court Backs Approval of Utility Storm Plans
Challengers argued the utility storm-protection plans didn’t assess whether proposed projects placed unnecessary financial burdens on customers.
FAU: Prices Stay High Despite Waning Inflation
Core inflation remains high partially due to housing services prices, which rose 3.8% annually in September. The Fed is expected to cut rates again in December.
Builder Confidence Moves Higher
The National Association of Home Builders said builders expect market conditions to improve even with labor shortages and higher building material prices.
Most Earning Under $50K Struggle With Housing
A new study found of those earning under $50,000 who struggle to afford housing, 21% have delayed or skipped medical treatments while 15% have worked a side hustle.
Remodel or Move? How to Decide
When deciding between remodeling or moving, consider factors like costs, time, risk and return on investment. Emotional components also matter.
Exurbs Surge Across U.S. for Affordable Living
Exurbs, communities located beyond a city’s suburbs, are attracting newcomers by blending rural charm and suburban sprawl with affordable housing.