Zillow: Builders Shift to Condos, Townhomes
Building attached homes helps reduce land costs and offers more affordable options for budget-conscious buyers.
NAR: Existing-Home Sales Slid 1.0% in September
Existing-home sales fell nationally 1.0% in September to a seasonally adjusted annual rate of 3.84 million. In the South, existing-home sales decreased 1.7%.
New Home Mortgage Applications Increase 10.8%
The increase in new home sales shows they continue to be an appealing option. The average loan size for new homes rose to $402,658 in September.
Investors See Returns Along Florida’s Highways
Florida’s pro-business mindset has encouraged commercial growth, which has led to years of steady growth, one investor said.
Developers: Diversity Helps Build Communities
Real estate development should prioritize affordable housing and address barriers that have excluded Black developers, panelists said.
Real Estate Q&A: Who Pays for Storm Damage?
If your tree falls during a storm and damages your neighbor’s house, who pays? Let your insurance company handle it.
Considerations Before Jumping Brokerages
Before making a move, assess whether a change will benefit your career and clients. Align with those who support long-term growth and ethical practices.
A New Buyer Boom?
Real estate professionals are building client loyalty and responding to needs among a quickly growing Hispanic demographic.
Home Sale Contracts Pick Up by 3.5%
Lower rates have encouraged buyers from the sidelines. In Florida, builders are offering incentives that include lot premium waivers and price reductions.
Mortgage Rates Are Rising. Why?
Many forecasts have rates near 6% at the end of this year and falling to about 5.8% next year. The days of 3% and 4 % rates are over.