10 Things About the Housing Market Right Now

CoreLogic said high mortgage interest rates during the spring home season drove home sales lower, cooling home prices in more markets.
Read MoreCooling Inflation Boosts September Rate Cut Odds

Inflation declined to 2.5% in June, supporting the Fed's potential September interest rate cuts and hinting at a "soft landing" for the economy.
Read MoreWebinars: Buyer Broker Agreements Explained

Join the Florida Realtors® legal team for an online discussion about the amended Buyer Broker Agreements. The free webinars will be held Monday and Tuesday.
Read MoreMortgage Rates See First Uptick in Three Weeks

The average rate on a 30-year mortgage rose to 6.78% from 6.77% last week, while costs on 15-year fixed-rate mortgages rose to 6.07% from 6.05%.
Read MoreFlorida AG Warns of Vacation Rental Scams

Scammers are posting fake listings for properties that are not available for rent. Verify the listing and conduct online searches to ensure the listing is real.
Read MoreSurvey: Financial Education Gaps Fuels Inequality

A Credit Sesame survey suggests Americans from underserved communities lack equal access to financial education, hindering their ability to secure credit.
Read MoreSouth, Central Fla. Lead Post-Pandemic Rent Surge

Median asking rent across the U.S. fell -0.4% in June, but Tampa and Miami saw the highest percentage increase in rents from June 2019 to June 2024.
Read MoreLuxury Home Prices Spike 9%, Inventory Grows

Redfin reports that luxury home prices grew nationally more than twice as fast as non-luxury homes in the second quarter of 2024 thanks to all-cash buyers.
Read MoreTypical Homebuyer’s Monthly Payment Drops

Redfin said monthly housing payments are falling as mortgage rates decline, but many house hunters remain on the sidelines.
Read MoreMarket Opportunities as Home Sales Eye Turnaround

NAR Chief Economist Lawrence Yun predicts more robust homebuying activity in 2025. Here’s what you can do to be ready.
Read MoreWhat to Know About Down Payment Assistance

A down payment can be a major obstacle for homeownership, but there are many helpful options including grants, loans and the Florida Hometown Heroes program.
Read MoreSaying Yes to Multifactor Authentication

Real estate is becoming the preferred cyberattack target. Multifactor authentication (MFA) improves security by deterring intruders.
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The pace of new home sales in June is down 7.4% from a year earlier, which is the lowest pace since November 2023. Buyers remain in a holding pattern.
Read More Fannie Mae: Home Price Growth to Moderate

Many Sunbelt metros are currently seeing significant increases in for-sale inventories, in part due to new construction, a Fannie Mae economist said.
Read MoreNAR Settlement: New Showing Forms Available

Florida Realtors released three forms – one revised and two new – in response to the NAR settlement agreement effective Aug. 17.
Read MoreTips for Maintaining Professionalism

A good reputation and professional image are essential for a successful real estate business. Avoid pitfalls like outdated branding and disorganized offers.
Read MoreHow Small Businesses Prepare for a Hurricane

Experts forecast a busier than average hurricane season, so small businesses should prepare for insurance claims and data backup, among other things.
Read MoreAppraisal Reconsideration Guidance Released

The new guidance allows consumers to provide information that was overlooked or not addressed in residential real estate appraisals.
Read MoreNAR: June Existing-Home Sales Slipped 5.4%

National median sales price jumped to a record high of $426,900, and properties typically remained on the market for 22 days in June, down from 24 days in May.
Read MoreFlorida Population Estimated at 23M

Florida’s Demographic Estimating Conference said from April 1, 2024, to April 1, 2028, the state is projected to average 319,109 net new residents a year.
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