Florida Real Estate

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]

A Florida county will launch a public scorecard to track affordable housing efforts and tackle the crisis affecting lower-income workers, a statewide concern.FORT LAUDERDALE, Fla. Broward housing experts said they will create a public scorecard within the next few months that will help local govern [Read More]

s and mortgages. When the Fed adjusts its rate, it triggers changes across the broader lending system.The expectation of a Fed rate cut typically pushes down long-term rates like the 10-year Treasury yield, which is closely tied to the 30-year fixed mortgage rate. This is why mortgage rates tend to [Read More]

A cozy living space could include a soft rug, pillows and warm lighting. Aim to make the area feel warm and inviting without being overly complicated.NEW YORK The meaning of the term "cozy" varies as it pertains to home decor. For some, cozy may mean intimate spaces with lots of quilts and throws. [Read More]

Gen Z renters, born between 1997 and 2012, prefer softer lighting and quirky dcor, using social media for design trends to merge functionality with visual appeal.NEW YORK The average Gen Z may never own a home, and most of them have come to terms with that reality. How does the freshly minted adult [Read More]

Home prices across the nation were up 0.9% from Q1 2024. Florida has seen a 4.8% four-quarter appreciation and 79.3% five-year appreciation.WASHINGTON U.S. house prices rose 5.7% between the second quarter of 2023 and the second quarter of 2024, according to the Federal Housing Finance Agency (FHFA [Read More]

ORLANDO, Fla. Floridas housing market reported easing median sales prices, more new listings and improved inventory levels (active listings) in July 2024 compared to a year ago, according to Florida Realtors latest housing data.For-sale inventory continued to improve in July, which is helping to mod [Read More]