Rate Cut Offers Small Step to Ownership for Many
Some agents are telling buyers to act now because additional rate cuts will increase market competition. Rates may tick up slightly before dropping again.
Some agents are telling buyers to act now because additional rate cuts will increase market competition. Rates may tick up slightly before dropping again.
Some lawmakers are resisting calls for a special session, keeping the Dec. 31 deadline for condo inspections despite Gov. DeSantis pledge of year-end relief.
Analysts say many borrowers are waiting for affordability to improve and mortgage rates to decline. They anticipate rates will average 5.7% by late 2025.
Spanish translation of settlement forms are available for reference. Plus, NAR released a new guide to help consumers negotiate buyer agreements.
Renters are looking for luxury living with convenience and safety. Some new tech devices and home features fit the bill.
One investigator in the 2021 Champlain Towers South condo collapse said it is “one of the most complex building failure investigations ever undertaken.”
Florida leads in affordable new home construction, with smaller, lower-priced builds driving down costs and addressing the housing shortage.
When a new landlord steps in, tenants should know their rights regarding rent, utility payments and lease agreements.
The average long-term rate fell to 6.09% from 6.20% last week and 7.19% a year ago, Freddie Mac said. Borrowing costs on 15-year fixed-rate mortgages fell to 5.15%.
Today’s webinar will cover the new flood disclosure and condo laws that take effect on Oct. 1, and Florida Realtors’ new and updated forms regarding these changes.