Offseason May Be New Homebuying Season

Lower rates, rising inventory and price cuts are boosting affordability and encouraging buyers to move from the sidelines.
Read MoreFed Rate Cuts to Deliver Economic Boost

The rate cuts expected this week will be the first in a series that should make borrowing more affordable. Rates have already fallen in anticipation of the cuts.
Read MoreCities Urged to Tackle Housing Crisis

A Florida county will launch a public scorecard to track affordable housing efforts and tackle the crisis affecting lower-income workers, a statewide concern.
Read MoreIs It Time to Consider a Mortgage Refi?

Lower rates are just one factor when refinancing a home loan. It can cost thousands to refinance so consider all of the costs before signing any documents.
Read MoreStay Informed: New Practice Resources Available

Florida Realtors will be hosting webinars this week regarding practice changes, and NAR released a new Consumer Guide about compensation offers.
Read MoreU.S. Consumer Sentiment Ticks Higher

Consumer sentiment edged higher for the second month and is at its highest level since May, according to the University of Michigan.
Read MoreDemand for Second-Home Mortgages Fall

Mortgage-rate locks for second homes have dropped 13% since last summer – more than twice as much as rate locks for primary homes, Redfin reported.
Read MoreThe Upcoming Rate Cut: 5 Things to Consider

The expected Fed rate cut could have positive impacts on the housing market, including lower mortgage rates and easier qualifications for mortgages.
Read MoreRenovations With a Strong Return on Investment

Some remodeling projects offer huge a huge ROI when it’s time to sell. Some of the best: new garage doors and minor kitchen remodels.
Read MoreWeb Domain Listing Scam Targets NAR Members

Fraudulent mailers are circulating, purporting to help members register or renew .realestate or .realtor domain addresses, the association warns.
Read MoreLong-Term Rates at Lowest Level Since Feb. 2023

The average rate on 30-year mortgages fell to 6.20% from 6.35% last week. A year ago, it was 7.18%. Rates on 15-year mortgages fell to 5.27% from 5.47%.
Read MoreHousing Payments More Affordable

Falling mortgage rates have pushed the median U.S. housing payment down near its lowest level since January. Pending home sales have yet to improve.
Read MoreHow Do Interest Rate Cuts Help Housing?

A Fed rate cut, expected in mid-September, could boost the housing market by indirectly lowering mortgage rates. Lower rates could stimulate supply and demand.
Read MoreAre Pickleball Courts Good for a Sale?

There’s disagreement about whether the sports craze is a benefit for home sales, with some saying the noise hurts property values.
Read MoreWhy Credit Scores Are Crucial to Home Buying

Most buyers need a score of 620 or above to qualify for a conventional mortgage. FHA loans could get approval with a score as low as 500.
Read MoreOctober: This Year's Best Time to Buy

Although the 2024 homebuying season was relatively slow, this fall is poised to bring lower mortgage rates and more for-sale inventory, Realtor.com said.
Read MoreReport: Baby Boomers Reluctant to Sell

Only 19% of baby boomers think they could have afforded a home in a market like today's, yet 71% believe younger generations could if they didn't spend frivolously.
Read MoreFlorida Boasts Safe, Family-Friendly Cities

Three Florida cities out of 188 nationwide ranked among the highest for desirability, affordability, safety and public education.
Read MoreFlorida Realtors Member Profile: By the Numbers

The typical Realtor in Florida is female with nine years of experience and owns her own home, according to new research by Florida Realtors economists.
Read MoreTips for Making Your Home Cozy & Inviting

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.
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