Florida Real Estate

Florida Realtors Chief Economist:Nov. saw a post-hurricane rebound for new listings, new pending sales. New listings, single-family up 7.2%; condos, up 5.4%.ORLANDO, Fla. In November, Floridas housing market had more new listings and higher inventory levels (active listings) compared to a year ago, [Read More]

GAINESVILLE, Fla. Consumer sentiment among Floridians surged in November to 81.1, its highest level in more than three years, rising 3.7 points from a revised figure of 77.4 in October. Meanwhile, national consumer sentiment increased by just over one point.The 3.7-point increase in consumer sentim [Read More]

When deciding on a second home, consider the cost of the home purchase and the ongoing and ancillary expenses, such as upkeep and travel to and from the home.Owning a vacation home can be an enticing prospect. When you shift from tourist to homeowner in a location you love, its easier to visit whene [Read More]

Homeowners can showcase their holiday spirit by adding warm touchesthroughoutthe space, including the kitchen. Involve the whole family in the decorating.NEW YORK Homes are often described as sanctuaries for their residents. Homes also provide a great way for homeowners to express themselves, an op [Read More]

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]