New Home Mortgage Applications Increase 10.8%

The increase in new home sales shows they continue to be an appealing option. The average loan size for new homes rose to $402,658 in September.
Read MoreInvestors See Returns Along Florida's Highways

Florida’s pro-business mindset has encouraged commercial growth, which has led to years of steady growth, one investor said.
Read MoreDevelopers: Diversity Helps Build Communities

Real estate development should prioritize affordable housing and address barriers that have excluded Black developers, panelists said.
Read MoreReal Estate Q&A: Who Pays for Storm Damage?

If your tree falls during a storm and damages your neighbor’s house, who pays? Let your insurance company handle it.
Read MoreConsiderations Before Jumping Brokerages

Before making a move, assess whether a change will benefit your career and clients. Align with those who support long-term growth and ethical practices.
Read More-

Real estate professionals are building client loyalty and responding to needs among a quickly growing Hispanic demographic.
Read More Home Sale Contracts Pick Up by 3.5%

Lower rates have encouraged buyers from the sidelines. In Florida, builders are offering incentives that include lot premium waivers and price reductions.
Read MoreMortgage Rates Are Rising. Why?

Many forecasts have rates near 6% at the end of this year and falling to about 5.8% next year. The days of 3% and 4% rates appear to be over.
Read MoreBuilder Confidence Edges Higher

Even with affordability headwinds, builders remain optimistic about the future of the market. The share of builders cutting prices held steady at 32% in October.
Read MoreFake Land Listing Leads to Investigation

An Okeechobee real estate scam was uncovered after a man attempted to sell land he didn't own. The listing was removed. No arrests have been made.
Read MoreCybersecurity Awareness: Staying Safe From Scams

In any transaction, including real estate, always verify information, be cautious with urgent requests, and confirm authenticity before sharing personal details.
Read MoreIn-Person Hurricane Recovery Support Available

Disaster-response resources are available this week in more than 10 Florida counties to help businesses and residents.
Read MoreRising Rates Haven’t Slowed Pending Sales

Pending home sales posted their biggest increase since 2021 recently, but some house hunters are starting to pull back, Redfin said.
Read MoreReport: Homeowners Go into Debt for Renovations

About 53% of homeowners who hired a contractor went over budget, and 46% faced significant delays.
Read MoreSome Florida Homes Buried in Sand After Hurricanes

Massive amounts of sand shifted inland after back-to-back hurricanes. Many residents are now facing costly cleanup.
Read MoreSingle-Family Starts Trend Higher in September

Builder sentiment and easing monetary policy boosted single-family construction. Multifamily fell 9.4% due to tight financing and rising apartment completions.
Read MoreShould You Become a Mortgage Broker?

Wearing two hats isn’t for everyone – but, for some, dual licensing offers an opportunity to earn extra income and bring more value to your relationship with buyers.
Read MoreSBA Encourages Disaster Loan Applications

The SBA said disaster survivors should not wait to settle with insurance companies before applying for disaster loans. Also, Milton, Helene insurance claims increased.
Read MoreAverage Mortgage Rates Increase

Rates on 30-year mortgages rose to 6.44% from 6.32% last week, according to Freddie Mac. Rates on 15-year mortgages rose to 5.63% from 5.41%.
Read MoreSeller Profit Margins Drop Slightly Across U.S.

Returns on typical U.S. home sales remain high but dipped down quarterly and annually, ATTOM found. Median raw profits hold steady at just under $130,000.
Read More
Categories
Recent Posts










