National Existing-Home Sales Down 3.6% in March

National Existing-Home Sales Down 3.6% in March

Sales in the South, including Florida, dipped 3.1% in March but remain up 2.2% year over year, NAR said. Inventory continues to limit the market’s pace nationwide. WASHINGTON — Existing-home sales decreased by 3.6% month-over-month in March, according to the National...
NAR Reaches Settlement in Buyer Lawsuit

NAR Reaches Settlement in Buyer Lawsuit

By Eliana Block The settlement, if approved by the court, reaffirms prior practice changes and would release members, state and local associations, and more from liability. CHICAGO — On Friday, the National Association of Realtors® announced a settlement agreement in...
Florida Short About 121K Housing Units

Florida Short About 121K Housing Units

By Amy Connolly New data shows supply falling behind demand across rental and for-sale markets, with shortages concentrated in major metro areas. TALLAHASSEE, Fla. — Florida is short an estimated 66,000 owner-occupied homes and more than 55,000 rental units, according...
National Existing-Home Sales Down 3.6% in March

Lower Rates Could Nudge Spring Activity

By Melissa Dittmann Tracey The dip in mortgage rates may give buyers more room and offer a modest lift as the spring housing market continues to gain traction. WASHINGTON – Mortgage rates eased slightly this week after several weeks of climbing from their...
Consumers Grow More Cautious on Economy

Consumers Grow More Cautious on Economy

By Joey Ramson U.S. consumer sentiment fell more than expected in April, signaling rising concern about finances that could slow spending, including big purchases like homes. WASHINGTON – U.S. consumer sentiment declined more than expected in April, signaling growing...