Fla.’s Nov. Housing: More Closed, Pending Sales

Fla.’s Nov. Housing: More Closed, Pending Sales

By Marla Martin Florida Realtors’ data: Single-family closed sales up 3.4%, condo sales up 1.6% YoY. “Pent-up housing demand is being unlocked,” says Chief Economist Dr. O’Connor. ORLANDO, Fla. — Florida’s housing market in November reported more closed sales and more...
U.S. Pending Home Sales Post November Gain

U.S. Pending Home Sales Post November Gain

Pending home sales rose 3.3% in November and 2.6% year over year, with gains in all regions as improving affordability and inventory drew more buyers into the market. WASHINGTON – Pending home sales in November jumped by 3.3% from the prior month and 2.6% year over...
Mortgage Rates Remain Near Yearly Low

Mortgage Rates Remain Near Yearly Low

By Alex Veiga The average rate on a 30-year mortgages slipped to 6.21% from 6.22% last week. Rates on 15-year mortgages averaged 5.47%, down from 5.54% last week. WASHINGTON – The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close...
2025 Florida Market Cools, Early Rebound Emerging

2025 Florida Market Cools, Early Rebound Emerging

By Jennifer Warner Florida’s housing market slowed in 2025, but easing mortgage rates, steady migration and improving international activity point to early momentum. ORLANDO, Fla. – Florida’s housing market slowed through much of 2025 as high mortgage rates and...
Report Shows Florida’s Rental Crunch

Report Shows Florida’s Rental Crunch

By Amy Connolly A UF statewide study finds Florida’s rental demand outpacing supply, with rising costs, shrinking affordability and growing pressure on low-income households. TALLAHASSEE, Fla. — Florida’s rental market continues to tighten as population growth, higher...
Home Prices Level Off Across Metros Nationally

Home Prices Level Off Across Metros Nationally

Slower price growth marked 2025 as more metros saw declines, equity borrowing increased and affordability pressures remain heading into 2026. IRVINE, Calif. — Home price growth slowed noticeably in 2025, according to economists at Cotality, a real estate data and...