Housing starts fell 4.8% as builders struggled to find workers, though the lion’s share of that drop occurred in the multifamily component that dropped 17.1%. Source: Florida Realtors Related Posts:Are Builders Overbuilding Again? Let’s Look at the Facts.This May Be the Best Time To Buy a Brand-New HomeWhy More Buyers Are Turning to New Construction […]
Top Fed official: Bond portfolio could shrink soon
The Fed will “likely announce next month” the sale of some bonds acquired during the recession – a move that would probably push mortgage rates a tad higher. Source: Florida Realtors Related Posts:What a Fed Rate Cut Could Mean for Mortgage RatesThink It’s Better To Wait for a Recession Before You…Is It Better To Buy […]
Merger could create huge single-family-home landlord
Two institutional investors – businesses that buy multiple single-family homes to rent out – could merge in a $4.3B deal that controls 82,000 U.S. homes. Source: Florida Realtors Related Posts:Are Investors Actually Buying Up All the Homes?Why Big Investors Aren’t a Challenge for Today’s HomebuyerAre Big Investors Really Buying Up All the Homes?…A Second Home […]
Surprising drop in owners optimistic about selling
Are owners less inclined to sell? The percent who thought it’s a good time hit a record high in Fannie’s June survey – but it dropped a surprising 11% in July. Source: Florida Realtors Related Posts:A Record Percent of Buyers Are Planning To Move in…Why Most Sellers Hire Real Estate Agents TodayTop 3 Reasons To […]
Mortgage rates move a bit lower
The average FRM hit 3.90% this week, down from last week’s 3.93%. The 15-year loan held steady at 3.18%, and the ARM changed little at 3.14%. Source: Florida Realtors Related Posts:Mortgage Rates Hit Lowest Point So Far This YearHow To Buy a Home Without Waiting for Lower RatesMortgage Rates Are Stabilizing – How That Helps…3 […]
Housing crisis officially started 10 years ago this week
While trouble brewed earlier, the meltdown officially began when a French bank started blocking withdrawals from U.S. mortgage-debt hedge funds. Source: Florida Realtors Related Posts:What a Fed Rate Cut Could Mean for Mortgage RatesWhy Rising Foreclosure Headlines Aren’t a Red Flag…Why Now May Be a Key 2025 Moment To Sell Your House2026 Housing Market Outlook
It's getting easier to qualify for a mortgage
For mortgage lenders, it’s about competition. They see rising home prices and more qualified buyers, so they’re easing standards to attract more business. Source: Florida Realtors Related Posts:What Credit Score Do You Really Need To Buy a Home?The Truth About Credit Scores and Buying a HomeIt’s Getting More Affordable To Buy a Home3 Reasons To […]
CRE report: Polarization top issue affecting real estate
What top risk factors threaten real estate? CRE’s annual list of the top 10 also includes technology, generational changes, retail disruption and health care. Source: Florida Realtors Related Posts:Why More People Are Buying Multi-Generational Homes TodayMulti-Generational Homebuying Hit a Record High – Here’s WhyWhat Credit Score Do You Really Need To Buy a Home?What’s Motivating […]
Amazon's Alexa adds more real estate skills
A survey found that 72% of Americans in smart homes want voice control, so Coldwell Banker rolled out a service that offers company news and real estate trends. Source: Florida Realtors Related Posts:Seller Concessions: A Smart Strategy To Get Your House SoldExpert Forecasts Point to Affordability Improving in 2026From Frenzy to Breathing Room: Buyers Finally […]
Average mortgage rates steady: 30-year at 3.93%
Rates were virtually unchanged, though up a smidgen compared to last week’s 3.92%. For all of last year, the 30-year FRM averaged 3.65%. Source: Florida Realtors Related Posts:Mortgage Rates Are Stabilizing – How That Helps…What a Fed Rate Cut Could Mean for Mortgage Rates3 Reasons Affordability Is Showing Signs of…Mortgage Rates Recently Hit a 3-Year […]
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