CRE Mismatch: Demand Surge, Rising Distress
The CRE sector faces a mismatch in space demands with thriving retail, industrial vacancies and office values dropping, possibly signaling market distress.
State Parks Plan Includes Golf, Pickleball
Florida plans to add amenities to state parks including campsite, cabins and areas for outdoor activities like pickleball, golf and paddling.
Most Popular Rooms to Remodel
In making renovations, homeowners need to strike a balance between personal tastes and features that could appeal to buyers.
Storm, Tool Tax ‘Holidays’ Teed Up
The newest sales tax holiday starts tomorrow (Saturday) and runs through Sept. 6 for storm-related items, including batteries and generators.
Powell: ‘The Time Has Come’ for Fed Rate Cut
The Fed is expected to announce a modest cut to its key interest rate in mid-September. Interest rates impact mortgage rates.
House Hunters Are Back, Mortgage Payments Down
Signals of early-stage homebuying demand, including home tours, are gaining momentum as mortgage rates stabilize at a 15-month low.
Surprise Lift for July New Home Sales
Sales of newly build homes rose 5.6% from a year earlier. Gradual improvements in the home building sector are forecast as mortgage interest rates go down.
Florida Realtors Honors 2024 Award Winners
Mike McGraw, 2023 president, is the 2024 Realtor of the Year. All award winners were recognized Thursday at the annual convention’s in-person Awards Luncheon.
Average Long-Term Mortgage Rate at 15-Month Low
Average rate on a 30-year mortgage eased to 6.46% from 6.49% last week. Borrowing costs on 15-year fixed-rate mortgages fell to 5.62% from 5.66%.
Growing Your Business With Smart Home Tech
Real estate pros who understand how to use and maximize the benefits of smart home tech and the data may have competitive business advantages.