Mortgage Demand Rose Even as Rates Up Slightly

New mortgage applications increased by 3.7% from the previous week, the Mortgage Bankers Association said.
Read MoreCOAs, HOAs to See Continued Growth in 2024

Housing experts say the community association housing market should remain a top choice for homebuyers in the coming year.
Read MoreWhat to Do About Debt in Retirement

Older adults who are in debt have options – including downsizing, moving (to Florida) and timing Social Security benefits – to rein in finances, experts said.
Read MoreSW Florida Braces for Population Surge

New residents continue to flock to southwest Florida, as Lee County prepares to hit the one million mark by 2023. Local leaders are looking to solutions to the housing shortages.
Read MoreWhat’s Next for Florida Real Estate?

2024 RE Trends panel: Helping new retirees and relocating workers find affordable housing while feeling a sense of belonging and community is vital to Fla.’s future.
Read MoreForecast: Florida Cities to See Home Price Drop

Home prices in several Florida metro areas have the highest chances of dropping while prices in other parts of the U.S. will go up through November 2024, CoreLogic said.
Read MoreMortgage Forbearance Rates Slide Again

The number of U.S. homeowners in forbearance plans dropped in December to 115,000 from 130,000 the previous month, the Mortgage Bankers Association said.
Read MoreStudy Shows Algae’s Impact on Florida Economy

A new study shows algal blooms have wide-reaching financial impacts on Florida’s economy, including lowing property values.
Read MoreNew Area Code Nears in Northeast Florida

Anyone using area code 904 will be required to dial 10 digits for all calls as Northeast Florida readies for a new area code – 324.
Read MoreOwning in Some Florida Counties Beats Renting

A recent study found that homeownership is more affordable than renting in several Florida counties despite a nationwide trend to the contrary.
Read More2024 Real Estate and Design Trends to Watch

In 2024, buyers will be looking for homes with AI-driven tech, large windows and EV charging stations, among other amenities.
Read MoreFannie Mae: 2024 Mortgage Rates to Dip Below 6%

“Overall, we expect 2024 to be a better year than 2023 for homebuyer affordability and the mortgage industry,” Fannie Mae’s chief economist said.
Read MoreWellness Buzzword Seeps into Real Estate

Communities are being designated as “blue zones” to suggest they promote healthier living and longevity. Some 80 U.S. locales are part of the Blue Zone Project initiative.
Read MoreSmall Federal Agency Crafting AI Standards

The National Institute of Standards and Technology is crafting standards for AI, which can have wide reaching impacts on all sectors including real estate.
Read MoreWhy Millennials Flock to Florida

Of the more than 2,000 people who move to Florida every day, 27% are millennials age 28 to 43, a new survey found. They’re drawn by job prospects and affordability.
Read MoreNew FEMA Rules Aim to Cut Red Tape

Changes to FEMA’s individual assistance program will make it easier for disaster survivors to get help and go into effect on March 22.
Read MoreReal Estate Trends: What’s in Store for 2024?

Florida Realtors chief economist: Watch for the market to reignite over the next several months. “We have weathered the worst of it.”
Read MoreNAR: Existing Home Sales Down 1% in December

NAR’s chief economist said December sales “look to be the bottom before inevitably turning higher in the new year” on lower mortgage rates and increasing inventory.
Read MoreResidents, Jobs Helped Fla.’s 2023 Housing Market

Fla. Realtors chief economist: “Florida weathered the storm” of higher interest rates and ongoing inflation making 2023, a “rough year for residential real estate.”
Read MoreEngaging the Single Female Buyer

Single women have different buying considerations than those of other buyers, a Harvard University study found.
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