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hree Florida cities out of 188 nationwide ranked among the highest for desirability, affordability, safety and public education.NEW YORK Hollywood has long had a vision of what a great American town looks like. From "It's a Wonderful Life" to "Pleasantville," the cities emblazoned in our minds as n [Read More]

In Q3 2024, the average annual cost to maintain a single-family home rose to $10,433. Maintenance is crucial to keeping things running smoothly and avoiding emergencies.NEW YORK The expenses don't end when you buy a house. In fact, they're just beginning. Homes come with a lot of hidden costs and [Read More]

The Fed cut its key interest rate by 0.25%, lowering it to 4.6%, as inflation drops near its 2% target. Interest rates impact mortgage rates.WASHINGTON The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation.The rate cut [Read More]

Adding just an extra $100 per month to a mortgage payment can have a significant impact on the debt, a financial expert said.NEW YORK Mortgage rates may be declining, which puts new homebuyers in a better position than just a year ago. The 30-year fixed-interest rate mortgage hit a high of 7.79% in [Read More]

Pending home sales bounced 7.4% to the highest level since March; they're up 2.6% YoY. In the South, pending home sales improved, NAR said.WASHINGTON Pending home sales rose in September, according to the National Association of Realtors. All four major regions experienced month-over-month gains in [Read More]

Builder sentiment and easing monetary policy boosted single-family construction. Multifamily fell 9.4% due to tight financing and rising apartment completions.WASHINGTON With the Federal Reserve beginning an easing of monetary policy and builder sentiment improving, single-family starts posted a mod [Read More]

Baby boomers say young adults could own homes if they tried harder, a new study showed. But young adults face challenges the older generations never did.NEW YORK Today's younger homebuyers face a variety of challenges, from high home prices to elevated interest rates. However, 57% of baby boomers s [Read More]

Mortgage rates dropped to historic lows during the pandemic, and its not likely to happen again. The low 5% range is more realist, Bankrate said.NEW YORK The Federal Reserve has cut its benchmark interest rate for the first time in more than four years, which will have consequences for mortgage rat [Read More]

2024 Florida Realtors President Gia Arvin said members play a crucial role in fostering community support and recovery efforts.ORLANDO, Fla. As state officials continue to assess residential and business damages from Hurricane Helene, Florida Realtors is providing additional resources that can assi [Read More]

New listings, inventory levels up YoY for both single-family homes and condo-townhouses. Single-family median price eased 0.8% YoY, condo-townhouse median down 4.3%.ORLANDO, Fla. Floridas housing market reported increased new listings, easing median sales prices and improved inventory levels (activ [Read More]