The 30-year fixed-rate mortgage broke the 4% level last week and hit 4.15% this week, lifted by expectations of faster economic growth. Source: Florida Realtors
Fla. housing market: Sales, median prices rise in Dec. 2017
Florida Realtors data: Inventory remained tight with single-family sales up 2.6% over a year ago, median price up 8%. Condo sales up 6%, median price up 7.8%. Source: Florida Realtors
Tax reform creates new affordable housing challenges
Affordable housing builders rely on federal credits for funding, but those credits go down under tax reform. Experts say it will impact construction. Source: Florida Realtors
Does a house have good bones? Who built it?
If you list a home built by Taylor Morrison, note that in the listing. The latest “most trusted builder” survey ranked the company No. 1 for consumer trust. Source: Florida Realtors
Mortgage rates rise: 30-year hits 4.04 percent
Source: Florida Realtors
Florida report: 2017 Profile of Home Buyers and Sellers
What does the typical Fla. buyer or seller look like? Only 1 in 5 (22%) of buyers are first-timers compared to 34% in U.S., and they’re typically 45 years old. Sellers average 60 years and make about $96.5K annually with retirement a primary goal. Source: Florida Realtors
Prepare for a potential government shutdown
Political disputes could lead to a temporary federal shutdown on Friday. If so, certain important real estate functions could slow down or possibly come to a halt. Source: Florida Realtors
New programs help investors buy single-family homes
Mortgage finance giants Fannie Mae and Freddie Mac have new loan packages with competitive interest rates to help small investors buy single-family rentals. Source: Florida Realtors
Average 30-year mortgage rates rise to 3.99%
The cost of borrowing money to buy a home rose slightly this week but stopped short of crossing the psychologically significant 4% mark. Source: Florida Realtors
Buyers' wallets will feel Fed's rate hike
More expected Fed rate hikes won’t just make adjustable-rate loans more expensive, they’ll also make buyers pay more on credit card balances and other debt. Source: Florida Realtors
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