Fla.’s building codes top all other states, according to a report that found the state’s newer construction was better able to withstand Hurricane Irma damage. Source: Florida Realtors Related Posts:Is a Newly Built Home Right for You? The Pros and ConsAre Builders Overbuilding Again? Let’s Look at the Facts.Why More Buyers Are Turning to New […]

NAR Chief Economist Lawrence Yun calls home construction “the key to economic prosperity” but sounds an alarm because numbers are moving in the wrong direction. Source: Florida Realtors Related Posts:3 Reasons Affordability Is Showing Signs of…Are Builders Overbuilding Again? Let’s Look at the Facts.It’s Getting More Affordable To Buy a HomeWhy Moving to a More […]

The Fed meets again this week to consider hiking interest rates, which directly impact short-term mortgage rates and, indirectly, fixed-rate loans. Source: Florida Realtors Related Posts:What a Fed Rate Cut Could Mean for Mortgage RatesIs It Better To Buy Now or Wait for Lower Mortgage…How To Buy a Home Without Waiting for Lower RatesWhy More […]

The construction slowdown came from a 28% plunge in multifamily building starts. Groundbreakings for single-family homes rose 2.9%. Source: Florida Realtors Related Posts:Are Builders Overbuilding Again? Let’s Look at the Facts.Why More Buyers Are Turning to New Construction This YearWhy a Newly Built Home Might Be the Move Right NowIs an Accessory Dwelling Unit Right […]

The average rate on a 30-year FRM slipped to 4.44% from 4.46% last week due, in part, to a government report that inflation pressures may be easing. Source: Florida Realtors Related Posts:What a Government Shutdown Really Means for the…Buying a Home May Help Shield You from InflationWhat a Fed Rate Cut Could Mean for Mortgage […]

Millennial purchases ticked up year-to-year, but a tight inventory and higher costs subdued activity, and forced many to keep living in their parents’ basements. Source: Florida Realtors Related Posts:Home Insurance Costs Are Rising: What Buyers Should Plan ForAre Big Investors Really Buying Up All the Homes?…Multi-Generational Homebuying Hit a Record High – Here’s WhyWhy Moving […]

Every marginal increase in mortgage rates makes homeownership unaffordable for a few more buyers, so it’s now-or-never for some families. Source: Florida Realtors Related Posts:Mortgage Rates Are Stabilizing – How That Helps…Mortgage Rates Hit Lowest Point So Far This YearWould You Let $80 a Month Hold You Back from Buying a Home?Why Now May Be […]

HUD might change its mission statement to remove “antidiscrimination language.” Sec. Ben Carson, who has led the charge, also wants to add “self-sufficiency.” Source: Florida Realtors Related Posts:What’s Motivating Homeowners To Move Right NowDo You Know How Much Your House Is Really Worth?How Much Home Equity Have You Gained? The Answer…The U.S. Foreclosure Map You […]

The cost of a loan continues to rise on the brink of the traditional spring home buying season, and buyers will now confront higher borrowing costs. Source: Florida Realtors Related Posts:3 Reasons To Buy a Home Before SpringHome Insurance Costs Are Rising: What Buyers Should Plan ForTop 3 Reasons To Buy a Home Before Spring4 […]

Commercial executives are braced for multiple rate increases throughout the year, and they see that higher cost of borrowing as a top challenge in 2018. Source: Florida Realtors Related Posts:What a Fed Rate Cut Could Mean for Mortgage RatesMortgage Rates Are Stabilizing – How That Helps…Mortgage Rates Recently Hit a 3-Year Low. Here’s Why…Why More […]