by Editor | May 23, 2025 | General News
New single-family home sales in the U.S. rose 10.9% in April as builders offered incentives to attract buyers despite economic headwinds. WASHINGTON – The Census estimate of new home sales posted an unexpected gain in April even as builders and consumers continue to...
by Editor | May 23, 2025 | General News
The governor signed a bill blocking golf courses, resort-style lodges and sports facilities in state parks, a Florida Realtors 2025 legislative priority. TALLAHASSEE, Fla. – After a public outcry last year about a Department of Environmental Protection proposal, Gov....
by Editor | May 23, 2025 | General News
In Q1 2025, a family earning a median income of $104,200 needed 36% of it to cover the mortgage on a median-priced new home, down from 38%, the NAHB said. WASHINGTON — Despite solid income gains and lower home prices, Americans still continue to face major housing...
by Editor | May 22, 2025 | General News
By Alex Veiga Rates on 30-year mortgages inched up to 6.86% from 6.81% last week, while rates on 15-year fixed-rate mortgages rose to 6.01% from 5.92%. WASHINGTON — The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since...
by Editor | May 22, 2025 | General News
By Marla Martin Florida Realtors Chief Economist cites still high mortgage rates as a factor, saying if they fall to 6%, it will help affordability and spur more buyer competition. ORLANDO, Fla. — Florida’s housing market reported more inventory of for-sale homes...
